Understanding AB5
AB5 is a California law that redefines the criteria for classifying workers as independent contractors vs. employees.
Effects on Our Company
- Increased Costs: Hiring freelancers has become more expensive due to benefits and taxes.
- Project Delays: Adjusting to new regulations has slowed our production timelines.
- Loss of Talent: Some freelance artists and writers have left the state, affecting our creative pool.
- More Collaboration: We are now focusing on hiring in-house teams, promoting a stronger culture.