As the gig economy expands, the potential for misclassification poses significant financial risks as businesses face regulatory scrutiny and severe penalties for non-compliance, emphasizing the need for solutions like Bubty Services.
With an estimated 1.57 billion freelancers representing nearly 46.6% of the global workforce in 2024, the demand for proper classification is more critical than ever for businesses to avoid legal and financial repercussions.
Bubty’s Freelance Management System is designed to streamline the onboarding and management of freelancers while ensuring compliance with local employment laws, thereby safeguarding against misclassification risks.
Recognizing the fierce enforcement actions taken by governments worldwide against misclassification errors, Bubty is positioning its services to help companies navigate complex regulatory landscapes effectively.
#freelancer-management #misclassification-risks #global-workforce #seed-funding #regulatory-compliance
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