More independent contractors put large corporations into a very powerful position.
|Scooped by Sherry Griffin|
I'm not sure I agree with the statement that this is "new." I'll agree that there are people who have not embraced their role as a freelancer and business owner. I'll also agree that freelancers have to deal with issues such as obtaining insurance, however, these are the same issues small business owners have always had.
Big corporations will only have the power if it is given to them and freelancers (independent contractors) who are really good at what they do will always be in demand and have the power. Freelancers who are looking to be picked up by the company they are doing work for should be going through a staffing agency that specializes in that.
The issues raised in this article are part of why we are seeing the Department of Labor's workload increase. If the compensation becomes too low, contractors start looking at what they are making, the job they are performing, and their relationship with their clients and question if they are contractors or employees. If they question enough, they file a claim which gets investigated.
It is in the best interest of companies that engage freelancers to ensure that they are legitimate contractors and they are paying them fairly. Happy contractors, after all, don't question their employment status.