Misclassifying Contractors Cost This Company $42 Million

After an investigation, the United States Department of Labor has announced that Holland Acquisition Inc. will pay $42.3 million dollars in back wages and damages to 700 workers who were misclassified by them from August 2012 to April 2019. The company failed to fully compensate these employees for overtime hours worked plus did not keep accurate records about how much they worked during that time.

The SIA article quotes Wage and Hour Acting Administrator Jessica Looman saying: “When employers misclassify employees as independent contractors and fail to pay workers their hard-earned wages, we must hold them accountable under the law.”

Read the full story on SIA here.

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Jason Posel

Jason Posel

Founder and CEO of GreenLight.ai, Jason Posel is a sought-after expert in issues related to technology innovation in contingent workforce management, the gig economy, and the Future of Work. London > Atlanta > Miami > Palo Alto > Miami

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