Over 55% of people work a side hustle. This will stick it to a lot of people. I anticipate these companies will hire some full time and then immediately lay them off.
I believe what you are saying is that people are working side hustles (part-time jobs) but are being paid cash vs a paycheck. Is that right? If that is the case, the companies were already breaking the law. Full time and part time employees, even if just occasionally working (not consistent schedules) always must be paid at an hourly rate and overtime over 40 hours per work week. With that said, you can 100% work (legally) as an independent contractor to a business as a side hustle - in the past and now. The companies who hire you just need to follow the laws. Side hustles can be business to business (your independent contractor services to the company that needs your services), or part time hourly employees. It is all about how the company treats your relationship. I hope this helps.
The trucking industry is fighting for more clarification. At this time, if you are a W2 employee, nothing changes. If you truly are an independent contractor (even as an Owner Operator) for the companies you work with, those companies need to be flexible and look at all 6 factors. I found a great article for truckers here, which goes through each of the 6 factors. www.truckinginfo.com/10213395/new-rules-on-independent-contractors-could-affect-truckings-owner-operator-model “This rule is not intended to disrupt the businesses of independent contractors who are, as a matter of economic reality, in business for themselves,” said the Department of Labor in its final rule.
@@wendysellers-thehrlady leasing within the trucking industry is big. But I don't see how many get away with it when technically they are just employees. Driving the employees trucks, under the DM of the employer, can't use the truck on the spot market, their company rules, etc
@@indo3052 I agree with you, many companies are currently taking advantage of people (who should be employees with benefits, unemployment /taxes paid, etc) - hence the law changes. Many are probably doing it per law as well.
To me, it is the companies who are taking advantage of the drivers. This new law, while not clear cut (aka: confusing for drivers), clarifies that they now have to pay them according to FLSA laws (overtime included) or backup and leave the driver in charge. With that said, the trucking industry is fighting for more clarification. At this time, if you are a W2 employee, nothing changes. If you truly are an independent contractor (even as an Owner Operator) for the companies you work with, those companies need to be flexible and look at all 6 factors. I found a great article for truckers here, which goes through each of the 6 factors. www.truckinginfo.com/10213395/new-rules-on-independent-contractors-could-affect-truckings-owner-operator-model
Over 55% of people work a side hustle. This will stick it to a lot of people. I anticipate these companies will hire some full time and then immediately lay them off.
I believe what you are saying is that people are working side hustles (part-time jobs) but are being paid cash vs a paycheck. Is that right? If that is the case, the companies were already breaking the law. Full time and part time employees, even if just occasionally working (not consistent schedules) always must be paid at an hourly rate and overtime over 40 hours per work week. With that said, you can 100% work (legally) as an independent contractor to a business as a side hustle - in the past and now. The companies who hire you just need to follow the laws. Side hustles can be business to business (your independent contractor services to the company that needs your services), or part time hourly employees. It is all about how the company treats your relationship. I hope this helps.
Im assuming this wont affect leaase operators at mega carriers in trucking
The trucking industry is fighting for more clarification. At this time, if you are a W2 employee, nothing changes. If you truly are an independent contractor (even as an Owner Operator) for the companies you work with, those companies need to be flexible and look at all 6 factors.
I found a great article for truckers here, which goes through each of the 6 factors. www.truckinginfo.com/10213395/new-rules-on-independent-contractors-could-affect-truckings-owner-operator-model
“This rule is not intended to disrupt the businesses of independent contractors who are, as a matter of economic reality, in business for themselves,” said the Department of Labor in its final rule.
@@wendysellers-thehrlady leasing within the trucking industry is big. But I don't see how many get away with it when technically they are just employees. Driving the employees trucks, under the DM of the employer, can't use the truck on the spot market, their company rules, etc
@@indo3052 I agree with you, many companies are currently taking advantage of people (who should be employees with benefits, unemployment /taxes paid, etc) - hence the law changes. Many are probably doing it per law as well.
WE *NEED* a Trucker Strike, NOW!!!
ALL Trucks *STOP* Running.
To me, it is the companies who are taking advantage of the drivers. This new law, while not clear cut (aka: confusing for drivers), clarifies that they now have to pay them according to FLSA laws (overtime included) or backup and leave the driver in charge.
With that said, the trucking industry is fighting for more clarification. At this time, if you are a W2 employee, nothing changes. If you truly are an independent contractor (even as an Owner Operator) for the companies you work with, those companies need to be flexible and look at all 6 factors.
I found a great article for truckers here, which goes through each of the 6 factors. www.truckinginfo.com/10213395/new-rules-on-independent-contractors-could-affect-truckings-owner-operator-model
I get paid daily will that stop?
This law change has nothing to do with the days they pay you. That’s a company policy.
None of the sand and water haulers in the oilfield will pass this test.
Some industries do have their own special laws and so it may not affect it that much. TBD.
Hmm, so exited to see how this will translate to "leese operators" in trucking lol