With mitigation of misclassification risk being seen as increasingly imperative in today’s contingent workforce landscape, companies are turning to the use of independent contractor compliance services. After a stable trend hovering around 54% between 2013 to 2019, use of IC compliance services among enterprise organizations has visibly increased to 70% in 2022.
IC compliance describes a service provided to a hirer to ensure the hirer is not exposed to any legal and/or financial risk related to the sourcing, recruiting, hiring and/or management of independent contractors.
Source: Workforce Solutions Buyer Survey 2022 [1]