"The lawsuit protects the workers as they should be protected and as Americans have expected for 100 years." John Chuang, Aquent CEO
Gig economy companies misclassify workers, refusing to pay taxes, provide benefits like health care and paid sick days, guarantee minimum wage, pay into workers comp, unemployment insurance, and more says John Chuang, CEO of Aquent. “It’s horrible for the workers,” he says, “but also an unfair advantage to anyone who competes against these companies.” He estimates traditional companies that follow the law and take care of workers have a 15-20% cost disadvantage.
This story originally broadcast on Bloomberg.
Flexibility is the key to fostering the creative workflow
Employers should prioritize optimal results over maximum results to retain creative talent and ensure quality work.
Aquent supports urgent relief efforts in Ukraine by donating $100,000 through matching funds and contributions.
The company is doing its part to help those who need it most and is encouraging its staff, talent, and clients to help.
Aquent CEO, John Chuang, featured in a Harvard Business Review article about freelance talent.
In a timely case study from HBR, the pros and cons of companies’ support for freelance talent are debated.Source: Harvard Business Review