No "contractors" (often hired as contractors but actually employees), no misclassification risk - just fully legally compliant employee hires 🧘
Offer contractor contracts and open you up to legal risk through employee misclassification
Fully legally compliant hires, with talent hired under employment contracts 🧘
It's a big deal, and it refers to hiring contractors (who are actually "employees in disguise") - it leads to significant legal risk and severe financial penalties
⚖️ Risk of criminal prosecution
💰 Financial fines up to £2m
💰 Backdated pay up to 5 years
⚖️ Risk of criminal prosecution
💰 Financial fines up to £1.5m
💰 Backdated pay up to 5 years
⚖️ Risk of criminal prosecution
💰 Financial fines up to £500k
💰 Backdated pay up to 7 years