At a time when the gig economy is under heavy scrutiny around its practices of classifying workers as 1099 independent contractors, IPO-bound Uber has officially settled a six-year-long case regarding this exact topic. Today, Uber agreed to pay $20 million to settle the class-action lawsuit, brought forth by Douglas O’Connor and Thomas Colopy way back […]
View More Uber agrees to pay drivers $20 million to settle independent contractor lawsuitCategory: 1099
Lyft lays out financial risks associated with reclassifying drivers
In Lyft’s S-1 this morning, the company laid out the potential consequences for converting its drivers from independent contractors to W-2 employees. This, of course, has been an ongoing conversation within the gig economy. Those who work as 1099 contractors can set their own schedules, and decide when, where and how much they want to […]
View More Lyft lays out financial risks associated with reclassifying driversCaviar now offers accident and disability insurance for couriers
If you’re a gig economy worker, you’ve probably settled into the reality that insurance and benefits aren’t going to be available to you. Well, not unless on-demand companies make the switch from 1099 independent contractors to W-2 employees. While that’s not changing — yet — Square’s on-demand food delivery service, Caviar, is now offering insurance […]
View More Caviar now offers accident and disability insurance for couriers