Veritude Provides Five Tips for Limiting Risks Associated With Hiring Temporary Workers

BOSTON, MA, Mar 24 (MARKET WIRE) --
Veritude, a leading staffing services provider, today released a new
white paper titled "Risky Business: Five Tips for Minimizing Employment
Liability." According to Veritude, co-employment and worker
misclassification are some of the highest risk issues related to a
contingency workforce. This paper offers five tips to all companies to
help them limit risks related to hiring a temporary workforce. Veritude's
expert commentary on these crucial topics can be downloaded from
www.veritude.com for a limited time.

"A company without good, consistent temporary worker management practices
is exposing itself to significant risk," said Jim McCoy, senior vice
president at Veritude. "In fact, government agencies are more actively
searching for companies that are non-compliant with temporary worker
classifications and co-employment relationships, and companies are
understandably concerned about taking effective measures to remain in
compliance as the penalties for infringement can be costly for offending
companies."

A contingent workforce provides organizations more flexibility to react
to changes in workforce demands as well as realize significant cost and
time savings when managed appropriately. Yet contingent labor has come to
be associated with risky business due to several recent and highly
publicized employment liability lawsuits. The latest white paper from
Veritude provides HR professionals, procurement leaders and hiring
managers with a concise, high-level guide to the primary issues related to
co-employment and worker misclassification. It also offers five tips for
mitigating the risks associated with these issues, particularly through
the use of a reliable managed services staffing program.

The five tips offered in "Risky Business: Five Tips for Minimizing
Employment Liability" include the following:

1. Validate every 1099 employee against the IRS 20 Factor Checklist

2. Partner with firms who can transition you away from 1099s

3. Create a single, consistent program

4. Make sure your vendors control the terms and conditions

5. Communicate clear guidelines to Hiring Managers

McCoy continued, "By partnering with a reputable, experienced Managed
Services Provider (MSP) and establishing good employment practices up
front, organizations can more easily manage co-employment and
misclassification risk. If a company waits until a complaint is filed or
an investigation is started, it may be too late."

Through Veritude's MSP program, companies are able to manage and mitigate
their risk exposure while continuing to tap into the enormous potential of
the temporary workforce. By partnering with clients and providing one
point of contact, Veritude alleviates the risks and administrative burdens
inherent in working with multiple vendors. Companies realize significant
cost savings because Veritude's expert recruiters source, screen and
present only high quality candidates that meet a company's unique needs.
Veritude's MSP solution also can manage temp-to-permanent and direct
hiring strategies.

In addition, Veritude's Managed Services Program provides proof of ROI
with comprehensive analytics that track staffing costs and demonstrate the
business case for staffing programs; market data on pay rates and guidance
on how to pay competitively to attract the best talent; consistency and
efficiency in contract terms and conditions across all staffing suppliers;
and visibility into the process with a quarterly report card on the
program, which provides valuable data on trends and market changes that
affect business. By using web-based technology that is simple to learn,
Veritude ensures that there are no complaints from users, including hiring
managers and temps.

"Risky Business: Five Tips for Minimizing Employment Liability" is
complimentary and available for a limited time by visiting
www.veritude.com

About Veritude

Veritude offers a full suite of temporary staffing, direct hire, and
managed services programs. It partners with a wide range of clients in a
variety of industries to develop and deliver workforce solutions that
adapt to changing business and demographic realities. Veritude's
unrelenting commitment to outstanding customer support and candidate
quality offers competitive advantages to clients and rewarding career
opportunities to associates. Visit www.veritude.com or call
1-800-597-5537 for more information.

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