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US Department of Labor spikes Trump era’s ‘Independent Contractor’ rule

The DOL said it anticipates that the rule’s withdrawal will avoid a reduction in workers’ access to employer-provided fringe benefits, including health insurance and retirement plans, unemployment insurance, and workers’ compensation coverage.

‘Employee’ or ‘independent contractor’? DOL proposed definitions could save companies millions

The U.S. Department of Labor forecasts that, if finalized, the rule could result in net savings for employers of almost $481 million per year, most of that due to reduced litigation costs and fewer benefits payments.