As part of an effort to crack down on companies that misclassify employees as independent contractors, the U.S. Dept. of Labor is working on a proposed rule that would set additional record-keeping and notification requirements for employers concerning their workers’ status. Deputy Labor Secretary Seth D. Harris testified during a June 17 Senate Health, Education, Labor and Pensions Committee hearing that some employers deliberately misclassify employees as independent contractors, or “leased” or outsourced workers, and can gain an advantage in the market over law-abiding competitors. Harris said the department’s Wage and Hour Division is mulling a proposed regulation that would
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.