More harm than good?
This month's cover feature, "An unfair market," focuses on contractors who intentionally misclassify workers as independent contractors, which, in turn, gives them an unfair competitive advantage and results in lost revenue for local, state and federal governments.
But consider, too, the harm done by those who classify independent contractors correctly.
Fortune magazine reports research conducted by labor economists Lawrence Katz and Alan Krueger shows legal alternative work arrangements, which include independent contractors, expanded 50 percent from 2005-15.
According to an article published in Fortune, Jeffrey Pfeffer, the Thomas D. Dee II professor of organizational behavior at Stanford University's Graduate School of Business, these "new" work arrangements are, in fact, old.
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