ICe ICe baby
This classification test is used in some states to determine if a person should be classified an employee or an independent contractor.
ABC Test
This is a common perk to being an independent contractor. This term is used when describing how they can make their own hours and work out of their home or any other location that suits them.
Flexibility
A person who works on a contract basis for a payer who controls the way they perform their work and are only responsible for the outcomes stated in the contract.
Independent Contractor
Union / Labor Union
This governing board decides on the application of the NLRA based on precedence. The members are appointed by the President for 5 year terms with Senate approval.
NLRB (National Labor Relations Board)
IC Requirement: workers are free from ______ and direction by the hiring company.
Control
Many in favor of unionization believe that independent contractors are subject to this, via the employers.
Exploitation
Classically used by musicians and other performers, this is a term used to refer to jobs that are short in length and intended to be temporary, and perhaps intermittent.
Gig
This tax form is sent to every client an independent contractor will perform service for.
W9
This labor law covers direct hire employees but does not cover independent contractors.
NLRA (National Labor Relations Act)
IC Requirement: Perform work _______ the usual course of business of the hiring entity.
Outside
In a contractual relationship, both the employer and the contractor enjoy this construct, as it pertains to labor law -- let it ring...
Freedom
An agreement between two parties that describes a deliverable outcome, the scope, and the time constraints of the project.
Contract
This tax form is used to report income from self employment earnings, interest, and dividends; also a loose term used to refer to an independent contractor.
1099
This law covers the classification of independent contractors and the employment relationship. There are certain requirements under this law that need to be met in order to be classified as an independent contractor.
FLSA (Fair Labor Standards Act)
IC Requirement: Independently established in that _____ , occupation, or business.
Trade
The ability to set one's own ______ is a highly regarded advantage of being a contractor.
Schedule/hours.
When an employee is laid off or terminated from a job they are eligible for this joint federal and state funded program which pays them a percentage of their wage. Independent contractors are not eligible to receive this type of pay (except if qualified under a pandemic stipulation).
Unemployment
Providing this service is currently one of the most popular forms of being an independent contractor, due to little overhead, and use of one's own car to transport others.
Rideshare
DAILY DOUBLE!!
An independent contractor might want to establish this, as they won't have access to a 401K account that a direct hire employee would.
This state has enacted progressive measures--such as prop 22--to ensure independent contractors are treated fairly, and to discourage companies from taking advantage from contractors which it may employ.
California
Inherent competition, and lack of this make it difficult for contractors in the same trade or business to become unionized partners.
Communication
The UK established this labor reformation, to provide clarity for employers, workers, and to ensure fair and decent work for all.
Good Work Plan
This is a term for a free market system where non traditional work arrangements are common. Workers are generally short term, temporary, or independent contractors.
Gig Economy
Part of the Department of Treasury, this government bureau is responsible for the collection of the nations taxes, particularly income tax.
IRS (Internal Revenue Service)