US EditionDeferred Compensation Plans for Retaining Valued 1099 Independent Contractors
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Deferred Compensation Plans for Retaining Valued 1099 Independent Contractors
Representing 38% of America’s workforce, independent contractors, consultants, and freelance workers fill critical needs in many industries, typically with little or no access to retirement plans or other employee benefits.[1] Research by Upwork shows that 64 million Americans were self-employed as of December 2023. As the number of independent workers continues to rise annually, employers are challenged to find ways to retain and reward these i…
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