From FoxBusiness.com…
The Biden administration on Wednesday blocked a rule put in place by the Trump administration that would have made it easier for companies to classify workers as independent contractors instead of full-time employees, hitting shares of app-based companies that rely on these independent workers to operate.
The administration is concerned about the misclassification of employees, which would prevent them from attaining benefits like paid leave and pay rates at or exceeding the federal minimum wage.
But companies that rely on independent contractors are seeking a way forward that allows their staff to remain independent with continued flexibility and control over their hours.
“Dashers work fewer than four hours per week on average and they overwhelmingly tell us how important the flexibility to earn on their own schedule is to them, which is exactly why we remain committed to protecting their independence while providing greater benefits and security,” Elizabeth Jarvis-Shean, vice president of communications and policy at DoorDash, said in a statement.
