Employee Misclassification – Shareholders and Officers
Premium Auditors are trained to look for and recognize shareholders and officers that should not be listed as such in your worker’s compensation policy or company records. In other words, this type of employee designation causes auditors to disallow any shareholders or officers exemptions from the payroll records. In the short-term this may have worked, but in the long term the method failed often and left the employer with an unexpectedly large premium audit bill.
©J&L Risk Management Inc Copyright Notice