Employee and Contractor Classification - Rules of the Road

New Ventures Update

Date: May 17, 2022

As a follow up to last month’s equity issuance to teammates video, this month we follow up with proper classification of employees versus contractors.

In this short video, our colleague, Erin Borcherding, sets out the rules of the road in determining whether someone may be an employee or a contractor. She also discusses why it is so important to get the classifications correct and the penalties companies could face if they misclassify an individual.

Check out what Erin has to say here, and if you find yourself unsure about how best to classify someone, don’t hesitate to reach out to Erin or someone on our New Ventures team.

FOR MORE INFORMATION

For more information, please contact:

Erin D. Borcherding
513.352.6591
Erin.Borcherding@ThompsonHine.com

Lindsay Karas Stencel
614.469.3222
Lindsay.Karas.Stencel@ThompsonHine.com

Jonathon H. Vinocur
216.566.5722
Jonathon.Vinocur@ThompsonHine.com