The use of Independent Contractors has been growing over the past decade and is predicted to only accelerate over the next. How your company manages this vital part of your workforce is critical in protecting your firm from tax, legal and intellectual property loss.
If not managed correctly, the value provided by these highly specialized, productive and cost effective workers can be negated if they put the company at disproportionate risks. The Canadian and US Governments are diligently pursuing huge fines and penalties from workforce misclassification. And, to take it further, if you employ independent contractors without the proper insurances and IP protection, the risks only increase.
Most companies don't have the time or resources to devote to these challenges or they are spending more time and money than needed. That is where Payment Services Corporation can help.
Payment Services Corp. (PSC) provides independent contactor management services that minimize the administration and mitigate liability of your independent contractor processing, labor law compliance, and other human resource management activities.