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Independent Contractor or Worker, The New Classification Rule in the USA:: Freelance, Side Gig, Side Hustle
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This book explores the Department of Labor (DOL) finalized a new rule (RIN 1235-AA43) in January 2024 that clarifies how workers are classified as employees or independent contractors under the Fair Labor Standards Act (FLSA). This is significant for freelancers, gig workers, and independent contractors because the FLSA dictates minimum wage and overtime eligibility. The new rule replaces prior guidance from 2021 and places more emphasis on a worker's economic dependence on the employer.
The...