Overview:

1. Employee versus Independent Contractor

2. Fair Labor Standards Act (“FLSA”):Exemptions and Compensable Time

3. Physician Employment Contracts

Employee versus Independent Contractor:

The IRS!!-Federal & State Tax/Compensation Obligations; Payroll Taxes (7.5%), Other Benefits and Requirements: Unemployment Insurance, and Workers Compensation; Federal and State Wage & Hour Laws Apply To Employees: Minimum Wage and Overtime, And; Federal and State Non-Discrimination & Benefits Laws: Threshold Number of Employees......

FLSA Exemptions & Compensable Time Which Employees are Exempt from the FLSA?

The Three Most Generally Applicable Exemptions are:

Executive, Administrative, and Professional; There are Two Basic Components to Examining Whether an Employee is Exempt or Not: Compensation and Duties......

Physician Employment Contracts:

Plain English!; The “Engagement”; Employee vs. Independent Contractor; Full-Time vs. Part-Time; Exclusivity vs. Moonlighting;Lecturing/Speaking/Honoraria; and, Term/Renewals....