Each year, Small Business Week reminds us of the outsized impact that little companies make on our lives. Small business owners help to create vibrant local economies, including robust Main Streets and strong employment opportunities.
While employers have traditionally insured their employee benefits risks through an outside insurance carrier, the increased demand for employee benefits has resulted in an inflation of costs associated with insuring employee benefits risks.
On January 9, 2024, the Department of Labor released a final rule that revises how to classify workers as employees or independent contractors under the Fair Labor Standards Act (FLSA).