One of the hottest topics on FoxHire‘s blog has been on the importance of complying with wage-and-hour regulations, particularly when it comes correctly classifying W-2 Employees as Independent Contractors and employees as exempt or nonexempt from overtime. A recent post on the CFO Daily Newsblog shows that we have not overstated the seriousness of wage-and-hour violations.Citing information from a study conducted by ethics and compliance training company ELT, Inc., the article warns that one in three companies reported being sued for their pay practices. The article also notes that wage-and-hour class action lawsuits outnumber all discrimination suits combined. And Department of Labor statistics show that 80% of companies are out of compliance with state and federal wage-and-hour laws.As a recruiter, you are seen by many of your clients as an employment expert, and they may expect you to guide them through wage-and-hour compliance as they hire permanent and contract employees. You can become familiar with the most common wage-and-hour mistakes by reading our past blog posts on correctly classifying workers as exempt from overtime and the differences between W-2 Employees and Independent Contractors.
Transform Your Hiring Process Today
Experience seamless hiring with our platform. Get started with a demo or sign up now!
FAQs
Find answers to common questions about our services and the contingent workforce management.
FoxHire is an Employer of Record service that simplifies hiring for contingent workforce managers. We handle payroll, compliance, and onboarding, allowing you to focus on your core business. Our tech-forward platform automates administrative tasks, making workforce management efficient.
Our platform streamlines the hiring process by managing all administrative tasks related to contingent workers. You can easily onboard new hires and ensure compliance with regulations. This allows staffing agencies and HR departments to scale talent effectively.
Healthcare, education, and professional services sectors can greatly benefit from our services. We cater to organizations looking to manage a flexible workforce efficiently. Our solutions are designed to reduce administrative burdens and compliance risks.
Yes, we offer a demo of our platform to showcase its features and benefits. This allows potential users to see how FoxHire can streamline their hiring processes. Schedule your demo today to explore our solutions.
Signing up is easy! Simply visit our website and click on the 'Sign Up' button. Follow the prompts to create your account and start managing your contingent workforce.
Still have questions?
We're here to help you with any inquiries.