HR Stories Podcast - A Lesson in Every Story!

One Phone call cost the company 7.2 Million Dollars

November 12, 2022 John Thalheimer and Chuck Simikian, SHRM-SCP Episode 14
HR Stories Podcast - A Lesson in Every Story!
One Phone call cost the company 7.2 Million Dollars
HR Stories Podcast - A Lesson in Every Story!
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Show Notes

In this episode, John and Chuck dive into how a single phone call costs a company 7.2 million Dollars in back wages and penalties. If you didn’t know, there is a worker shortage in the United States, and more and more companies are trying to be creative to ensure they meet their customers’ expectations. One option small businesses are turning to is hiring independent contractors to do the work. However, it can cost the company millions of dollars if done wrong. Tune into this episode of HR Stories, where John shares a story where a company misclassified their workers as independent contractors and ran afoul of the law. 

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The viewpoints expressed by the characters in the stories are not necessarily that of The Team at HR Stories. The stories are shared to present various, real-world scenarios and share how they were handled by policy and, at times, law. Chuck and John are not lawyers and always recommend working with an employment lawyer to address concerns.