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As a follow up to last month’s equity issuance to teammates video, this month we follow up with proper classification of employees versus contractors.

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In this short video, our colleague, <a href="https://www.thompsonhine.com/professionals/borcherding-erin" target="_blank" rel="noreferrer noopener">Erin Borcherding</a>, sets out the rules of the road in determining whether someone may be an employee or a contractor. She also discusses why it is so important to get the classifications correct and the penalties companies could face if they misclassify an individual.

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Check out what Erin has to say <a href="https://www.youtube.com/watch?reload=9&amp;v=v_vHwJGGJjk" target="_blank" rel="noreferrer noopener">here</a>, and if you find yourself unsure about how best to classify someone, don’t hesitate to reach out to Erin or someone on our <a href="https://www.thompsonhine.com/services/new-ventures" target="_blank" rel="noreferrer noopener">New Ventures</a> team.

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Erin D. Borcherding 513.352.6591 <a href="mailto:Erin.Borcherding@ThompsonHine.com">Erin.Borcherding@ThompsonHine.com</a>

Lindsay Karas Stencel 614.469.3222 <a href="mailto:Lindsay.Karas.Stencel@ThompsonHine.com">Lindsay.Karas.Stencel@ThompsonHine.com</a>

Jonathon H. Vinocur 216.566.5722 <a href="mailto:Jonathon.Vinocur@ThompsonHine.com">Jonathon.Vinocur@ThompsonHine.com</a>

Employee and Contractor Classification – Rules of the Road