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November 2017

This Worker Classification Myth is Hurting Your Business

This Worker Classification Myth is Hurting Your Business

This Worker Classification Myth is Hurting Your Business 2000 2000 Heidi McLean

Sorry, y’all: The five-second rule is bogus. Germs don’t offer a grace period before jumping on your food. Not even your last bite of the really delicious stuff. But that one about metal objects dissolving in a glass of Coke? Still up for debate. And we won’t be testing it to find out.

Myths can be dangerous, silly, or in the case of worker classification—bad for business.

There is a fine line between an employee and an independent contractor and laws surrounding worker classification are confusing. We’ve seen companies go to great lengths to comply with nonexistent rules, so we were compelled to bust one of the most damaging worker classification myths we’ve seen.

 

The Myth About Worker Classification

After a certain amount of time working for you, an independent contractor must be reclassified as an employee.

We think this myth likely comes from one-time best practices that were interpreted as hard and fast rules. Wherever the myth comes from, we’ve seen clients build all sorts of policies to get around the supposed law. We’ve seen them hire workers for six months, drop them for a period of time, and then rehire them, for example. Some companies even refuse to rehire independent contractors after working with them for a certain amount of time because they’re afraid they’ll have to provide all of the benefits associated with hiring an employee. Not only are these policies time consuming, they can hurt businesses that rely on trustworthy freelancers.

 

The Truth About Worker Classification

We think it’s time for everyone to bust the myth and bust free from self-imposed restrictions.

Here’s the liberating truth: If you find a good contractor and want to use them over and over, you can. There are rules, which vary by location, but there are also legal ways to keep your best people working for you.

If you’re confused by compliance laws and fear your workers are misclassified, PayReel can help. Reach out to our team of experts on all things freelance. Get away from the burden of onboarding, payrolling and classifying your workers and focus on what you love.

About PayReel

Producing multimedia content and executing live events is chaotic. At PayReel, we make sure our clients are able to hire who they want, when they want and that everyone is paid properly. Leave the details up to the PayReel team so you can focus on pulling off a flawless production. Contact us anytime at 303-526-4900 or by emailing us here.

Relax. We got it.

What we’re thankful for (with GIFs!)

What we’re thankful for (with GIFs!) 150 150 Heidi McLean
  1. YOU, of course!

 

2. Stretchy pants!

 

3. Friendship

 

4. Family

 

5. Pie!

About PayReel

Producing multimedia content and executing live events is chaotic. At PayReel, we make sure our clients are able to hire who they want, when they want and that everyone is paid properly. Leave the details up to the PayReel team so you can focus on pulling off a flawless production. Contact us anytime at 303-526-4900 or by emailing us here.

Relax. We got it.

February 2018: Month in review

February 2018: Month in review 500 500 wpengine

Welcome to WordPress. This is your first post. Edit or delete it, then start writing!

payreel payroll services

5 ways PayReel Online makes your life easier

5 ways PayReel Online makes your life easier 6000 4000 Heidi McLean

We think working with us should be easy as all that pie we’ll all be eating next week–but without the need for stretchy pants. That’s why our system is as secure as it is convenient. At PayReel, we pride ourselves on having that perfect mix of convenient automation and personal service from real, live humans. What does that mean for you?

 

PayReel Online benefits that make your life easy peasy:

  1. Updating personal info is a breeze: You can change your physical address in your PayReel Online account. You can also change your email address, update your W4, or change your direct deposit information by contacting PayReel via email or phone.
  2. Real, live humans answer your call: If you’re like us, you’ve forgotten that the tiny computer attached to your wrist at all times actually functions as a phone. If you ever get stuck online or simply want to chat with one of our Customer Experience Managers, we’re ready. Go ahead, try us at 303-526-4900. Meet the whole team here.
  3. On the go and paper free: There’s no need to find a printer or an ink pen. You don’t even have to email your supervisor for approval. Simply input your time sheets before you leave the job and your manager will approve your time sheets online. Because no one ever says, “If only I had one more piece of paper on my desk.” You can do everything while you’re still on the job.
  4. Get paid quickly: Okay, okay, this one probably should’ve been first, right? Since everything is online and approvals happen with a simple click of a button, you get paid the Friday after your time sheets are approved.

 

Anything else?

Of course. At PayReel, we minimize the time and effort it takes to get you ready for your project, make sure you get paid quick and easy, and have customer experience managers available to answer your questions. All you have to do is call 303-526-4900 or email us. The PayReel team makes payroll easier, faster, and seamless.

The next time you work an event or a production, tell your supervisor you love working with the PayReel team!

 

 

When Net 90 Kills Creativity, You Need To Pay Contractors Quicker and Easier

When net 90 kills creativity, you need to pay contractors quicker and easier

When net 90 kills creativity, you need to pay contractors quicker and easier 800 534 Heidi McLean

Internal processes, red tape, and backlogged accounting departments make it hard to get checks in the mail. We definitely understand. Unfortunately, your corporate freelance payment policy might prevent you from working with the best people.

Paying contractors on time is good for you, too

We know: keeping people happy can be a pain the arse. But it’s good for you, too! Top contractors get booked quickly. When you pay contractors quickly, they’re more likely to answer your calls and ramp up your projects in a short amount of time. For busy department heads with big projects and short turnaround times, there’s nothing better than diving right in with tried and true creative partners. Saving time, money, and hassle by working with people who just get what you’re looking for is priceless.  Paying later than your competition can get you blacklisted or moved to the bottom of a contractor’s long to do list.

And if the benefits to you aren’t enough, think about it from their perspective. Freelancers single-handedly juggle creative work, billing, marketing, and more. That means the person who sees your invoice in their red column is the same one you’re expecting to bring their all to your next project. What seems like an insignificant to a big company can have a major effect on a small business’ cash flow.

 

Don’t be a hoarder

According to a Wall Street Journal article, many large companies are “hoarding cash” and “squeezing small businesses” to increase their own bottom lines. Don’t be that guy. Not only does it add pressure to those you work with, it’s just not ethical. You may justify it by saying it’s not as bad as the latest headline maker’s illegal and greedy ways, but shady practices of any degree have no place in your business.

 

The bottom line

Paying contractors quickly is worth the investment. If it’s not feasible to transform your internal process, get a partner involved. You get the peace of mind of knowing that you’ll always be in good standing with contractors. It pays to hire someone with systems in place.

Hiring contractors is a beautiful thing: It gives you a fresh perspective and talent without having to bring on full-time team members. Just make sure you do it right. Going from Net 90 to Net Now will save you time, keep you in good standing with contractors, and ensure you can feel good about the way you do business. Rather than trying to save Benjamins up front, take Benjamin Franklin’s advice and “Wrong none by doing injuries, or omitting the benefits that are your duty.”

 

About PayReel

Producing multimedia content and executing live events is chaotic. At PayReel, we make sure our clients are able to hire who they want, when they want and that everyone is paid properly. Leave the details up to the PayReel team so you can focus on pulling off a flawless production. Contact us anytime at 303-526-4900 or by emailing us here.

Relax. We got it.