| Independent contractors versus employees: the costs and benefits for your practice. | |
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MedLine Citation:
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PMID: 20695242 Owner: NLM Status: MEDLINE |
Abstract/OtherAbstract:
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Every business is interested in reducing costs. Payroll and employee benefit costs can be reduced through the use of independent contractors, because they are not employees to whom training, overtime wages, and benefits must be provided. Using the services of an independent contractor presents some disadvantages, however, as an independent contractor cannot be controlled and disciplined in the same fashion as an employee. There are a variety of tests applied under various statutes to determine whether an individual is an employee or an independent contractor, and it is important to carefully analyze all of the facts of a given situation in light of these tests before entering into an independent contractor relationship. If you engage an individual as an independent contractor, and that individual is found to actually be an employee, your business may be subject to significant financial penalties. |
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Authors:
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William A Buzogany; Michael J Mueller |
Publication Detail:
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Type: Journal Article |
Journal Detail:
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Title: The Journal of medical practice management : MPM Volume: 25 ISSN: 8755-0229 ISO Abbreviation: J Med Pract Manage Publication Date: 2010 May-Jun |
Date Detail:
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Created Date: 2010-08-10 Completed Date: 2010-09-14 Revised Date: - |
Medline Journal Info:
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Nlm Unique ID: 8605494 Medline TA: J Med Pract Manage Country: United States |
Other Details:
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Languages: eng Pagination: 332-4 Citation Subset: T |
Affiliation:
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Buzogany Marks & Mueller LLC, 225 West Washington Street, Suite 2200, Chicago, IL 60606, USA. wbuzogany@bmm-law.com |
Export Citation:
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APA/MLA Format Download EndNote Download BibTex |
| MeSH Terms | |
Descriptor/Qualifier:
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Cost-Benefit Analysis Outsourced Services / economics* Practice Management, Medical / economics, organization & administration* United States |
From MEDLINE®/PubMed®, a database of the U.S. National Library of Medicine
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