By Syndicated Content
By Nandita Bose
WASHINGTON (Reuters) â President Joe Bidenâs Labor Department on Wednesday rescinded a Trump-era rule that would have made it easier for businesses to classify workers as independent contractors instead of employees under the federal Fair Labor Standards Act (FLSA).
âBy withdrawing the independent contractor rule, we will help preserve essential worker rights and stop the erosion of worker protections that would have occurred had the rule gone into effect,â Labor Secretary Marty Walsh said in a statement.
âToo often, workers lose important wage and related protections when employers misclassify them as independent contractors,â he said.