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Albany Vice President Jason Posel Joins Workforce Management Experts to Discuss Independent Contractor Compliance, Co-Employment
Issues, Solutions presented in preventing misclassification and avoiding risk.
Mountain View, CA (PRWEB) November 12, 2009 -- Companies involved in co-employment of independent contractors are assuming more risk than ever due to changing legal requirements, according to industry experts.
As most organizations now realize, they must carefully balance the benefits of deploying independent contractors with the legal and financial risks. That is a significant change from conditions within the last five years, according to Jason Posel, Albany senior vice president.
Posel and a team of experts recently spoke to a packed room during "Everything you Ever Needed to Know about Independent Contractor Classification and Co-Employment…But Were Afraid to Ask," at the 2009 Contingent Workforce Strategies (CWS) Summit.
"We're no longer evangelizing independent contractor compliance like we did when Albany first expanded into the U.S.," said Posel. "Now almost every Fortune 1000 company has at least one person, if not teams, dedicated to managing their contingent workforce and the associated compliance risks. They're interested now in practical solutions to compliance and ways to educate their C-level management."
A legal expert from Littler Mendelson and a contract labor executive from Shell joined Posel on the panel to discuss legal issues and practical guiding policies to avoid independent contractor classification risks.
Albany has focused on contingent worker compliance since its founding in the U.K. 20 years ago. The company alleviates independent contractor employment concerns through a variety of compliance services. Through its Employer of Record service, Albany hires contingent workers as W2 employees, handles new hire paperwork, processes payroll and pays taxes, benefits and required insurance. Albany also hires, payrolls and manages 1099 independent contractors via its Agent of Record service.
Independent Contractor compliance services protect Albany customers from unintentionally violating federal and state-specific 1099 regulations. ICQ 2.0, Albany's proven online tool, synthesizes IRS and state law into a consistent, repeatable and documented process for 1099 compliance. Albany's Managed Services Provider (MSP) program also enables companies to have consistent global practices around employing and managing contingent staff.
About Albany
Albany is the market leader for contingent workforce management solutions serving clients in more than 70 countries, Albany offers a variety of national and international workforce solutions, including contractor payroll, Independent Contractor compliance, Managed Service Provider programs, Recruitment Process Management and Consulting, and visa & migration services.
Contact:
Jason Posel
Senior Vice President
1-800-664-5508
Jason.Posel(at)thealbanygroup.com
www.thealbanygroup.com/usa
This press release was distributed through PR Web by Human Resources Marketer (HR Marketer: www.HRmarketer.com) on behalf of the company
listed above.
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