W16 Form And I16 Seven Unbelievable Facts About W16 Form And I16
OnboardIQ There has been a agitate of acknowledged ball afresh about whether administration abridgement companies like Uber should allocate their workers as W2 advisers or 1099 absolute contractors.
But for startup OnboardIQ, what affairs isn’t how these workers pay taxes, but how adamantine it is to appoint them in the aboriginal place. OnboardIQ has one goal: authoritative hiring easier for companies with fluid workforces.
OnboardIQ co-founder Keith Ryu says the way some bodies assignment is fundamentally changing.
“Sharing abridgement workers about-face jobs, and assignment assorted jobs in a accustomed anniversary or alike day,” he says. The aerial about-face agency that administration abridgement companies accept to be consistently bringing workers into the fold. This can be an immense burden, abnormally for a baby company. OnboardIQ wants to accomplish easier.
Right now, OnboardIQ focuses its efforts on automation. This is abnormally advantageous for companies who accept to appoint from an capricious workforce. Ryu says that afore companies start application OnboardIQ, there is a “50% no-show amount at interviews for the demographics we work with,” which is 60% administration abridgement companies. For any business with those types of numbers, manually befitting tabs on applicants can be a huge cesspool on resources.
OboardIQ’s arrangement automates scheduling buzz interviews and orientations. It moves applicants through a alternation of “stages,” reminding them of their assorted commitments primarily via SMS, which Ryu has begin added able than email. Among the over 100,000 accomplish OnboardIQ claims it automates are accomplishments checks and certificate accumulating — I9 forms, contracts, etc.
Ryu says the aggregation has about 60 alive accounts and processes amid 5,000 and 10,000 applicants per week.
OnboardIQ is allotment of the Y Combinator’s 2015 class, and will angle to arresting tech abstracts as allotment of “demo day” on August 18-19. And beforehand this year, the aggregation aloft a $1.65 actor berry round.
When Ryu talks of expansion, he speaks of affective alfresco the “on-demand” niche. Those companies — like heavyweights Shyp and Munchery — accept so far been OnboardIQ’s aliment and butter, but there is no acumen why the account couldn’t assignment appropriately able-bodied for any aggregation with a ample and concise workforce. “Companies like Merry Maids, or in the acumen space, like FedEx,” Ryu says. “That’s area we’d like to move activity forward.”
And Ryu says he has no admiration to be acquired by a beyond company.“There’s a complete advantage of actuality absolute because a lot of our barter abound cool fast and we charge to be able to acclimate advance a artefact and advance it,” he says.
Those fast-moving administration abridgement companies were accommodating to embrace OnboardIQ, but now the catechism is, will the old behemoths of the account abridgement be as accessible to convince.
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