The Department of Labor released its final rule regarding employee or independent contractor classification under the Fair Labor Standards Act on Tuesday amid continued pushback from the financial industry, which often prefers independent status for advisers.
Tag: gig economy
Biden Admin to Announce Independent Contractor Rule that Could Upend Gig Economy
The administration of U.S. President Joe Biden will release a final rule as soon as this week that will make it more difficult for companies to treat workers as independent contractors rather than employees that typically cost a company more, an administration official said.
Court Rules Uber, Lyft Can Label Gig Workers as Contractors
Uber Technologies Inc., Lyft Inc. and other gig economy companies scored a victory after a California appeals court upheld the current law classifying gig workers as independent contractors instead of employees.
Litigation Likely to Stall DOL’s Proposed Independent Contractor Rule
Experts predict that business groups will file lawsuits to delay or derail a rule proposed by the Biden administration on Tuesday that would limit companies’ use of independent contractors. The proposal by the U.S. Department of Labor drew immediate criticism from industry groups and caused stocks of companies that rely on gig workers, such as… Continue reading Litigation Likely to Stall DOL’s Proposed Independent Contractor Rule
DOL’s Proposed Rule to Shake Up Gig Economy
A proposed rule by the U.S. Department of Labor on Tuesday would make it more difficult for businesses to treat employees as independent contractors, a change that is expected to shake up the ride-hailing, delivery, and other industries that rely on gig workers. The news rocked the stocks of ride-hailing companies, with Uber, Lyft, and… Continue reading DOL’s Proposed Rule to Shake Up Gig Economy
Truckers Fall Under California Gig Economy Law, Appeals Court Rules
California’s gig economy law applies to some 70,000 truck drivers who can be classified as employees of companies that hire them instead of independent contractors, giving them a right to overtime, sick pay or other benefits, a federal appeals court ruled Wednesday. The 9th U.S. Circuit Court of Appeals in San Francisco overturned a ruling… Continue reading Truckers Fall Under California Gig Economy Law, Appeals Court Rules
Uber Loses U.K. Court Battle Over Worker Rights
The U.K.’s top court ruled that a group of former drivers for Uber Technologies Inc. were entitled to a minimum wage and other benefits while working for the company, dealing a setback to Uber and other gig-economy firms in world-wide battles over their employment model. The U.K.’s Supreme Court, in a unanimous decision issued Friday,… Continue reading Uber Loses U.K. Court Battle Over Worker Rights
UK Supreme Court to Rule on Worker Rights Case at Uber This Week
Britain’s Supreme Court will announce a decision on Feb. 19 in a case regarding workers’ rights at taxi app Uber that could have ramifications for millions of others earning a living in the gig economy. In a case led by two drivers, a London employment tribunal ruled in 2016 that they were entitled to workers’… Continue reading UK Supreme Court to Rule on Worker Rights Case at Uber This Week
Gig-Economy Companies Get Worker Flexibility from Trump Administration
The Trump administration made it easier for businesses to classify workers as independent contractors, a victory for gig-economy companies such as food-delivery and ride-sharing services and a counter to a California law that did the opposite. The Labor Department in a final rule released on Wednesday would make it more difficult for a gig worker,… Continue reading Gig-Economy Companies Get Worker Flexibility from Trump Administration
Liberty Mutual Insurance to Provide Insurance Coverage to Drivers on the Lyft Platform in Five States
Liberty Mutual Insurance today announced it has been selected by Lyft to provide coverage for drivers using its rideshare platforms throughout Arizona, Michigan, New Mexico, Texas and Utah, effective today. Under the program, Liberty Mutual provides specific coverages in five states from the time a driver has their Lyft app on to app off. “We’re… Continue reading Liberty Mutual Insurance to Provide Insurance Coverage to Drivers on the Lyft Platform in Five States