3 ms·
That'll never happen. For starters, 1099 classification is very defensible. 2nd, if some drivers should be W2s, any type of deal would likely only be in the fut
by pbreit 11y ago
That'll never happen. For starters, 1099 classification is very defensible. 2nd, if some drivers should be W2s, any type of deal would likely only be in the future. 3rd, in the very, very worse case, there's no way it would be 100s of millions.
- deleted 11y ago[deleted]
- tzier 11y ago1099 classification is not very defensible - see FedEx $228M settlement in just CA. Obama said that he thinks a third class of workers is just a watered down version of W-2 protections. Since we're likely going to see a Democratic president, they're going to be more W-2 friendly than 1099 friendly (though hopefully also technology friendly). Point being...under existing regulations, Uber/Lyft drivers are probably W-2s. But Uber/Lyft are lobbying hard for an alternative, and will probably succeed in changing minds about it faster than the government can move to crack down.
- pbreit 11y agoI don't think FedEx very similar. For example, FedEx employees required to show up for work, wear uniforms, etc. I think "casual" drivers are definitely not W2s. And more serious drivers still probably are not. They have far too much lee-way in what to do including not show up at all.