meta_pixel
Tapesearch Logo
Log in
The Clark Howard Podcast

9.23.20 New independent contractor rule; Southwest companion pass offer

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.64.9K Ratings

🗓️ 23 September 2020

⏱️ 36 minutes

🧾️ Download transcript

Summary

A new rule gives employers more leeway when it comes to how they classify employees. Clark discusses the pros and cons of this move as well as how employers should treat non salaried employees. If you are willing to travel right now, Southwest has an offer that's pretty hard to refuse. Want more money advice? Sign up for Clark’s free daily newsletter! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

I'm so glad you're with us here on the Clark Power Show where it's all about you learning

0:11.1

ways to keep more of what you have.

0:14.8

We have had a fight going on in the United States between workers and employers for at least

0:23.4

a generation because it's been about a full generation now that employers started using

0:32.0

independent contractors is more and more a part of their regular staffing.

0:39.4

And it is something that sometimes works out very well for the worker.

0:45.3

Other times it's an involuntary thing.

0:48.4

There are big companies that will lay people off and then hire them right back through

0:54.7

a third party contracting agency.

0:57.8

And the person comes back with a contractor badge instead of their employee badge and they

1:03.1

lose the benefits.

1:04.1

They lose their whatever job security they had in the rest.

1:07.6

And there are situations like that, but that's not the main action.

1:12.1

The main action has been this never-never land of when it's right and when it's wrong

1:21.6

for somebody to be classified as a non-employee to a 99 person independent contractor versus

1:28.6

being an employee.

1:31.1

And the reality is the courts have never been able to come up with a clear understanding

1:40.2

or a consistent system to determine when somebody is an employee and when they're an independent

1:47.0

contractor.

1:50.0

The laws passed in various jurisdictions have been very contentious.

1:55.4

There's been an ongoing fight in the state of California that passed a law that made people

2:03.5

like drivers for Uber and Lyft employees instead of contractors.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Clark Howard, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Clark Howard and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.