Although the gig or sharing economy has continued to grow in popularity since the start of the pandemic, there are always risks associated with hiring independent contractors, including the costs of making the wrong hire and reputational damage when the person doesn’t perform as promised. There is also a risk to customers and the business when it comes to the security of customer data. Risk mitigation should be unique to each situation, but can include things like thoughtful onboarding, on-the-job training, strong management, and consistently performing background checks on all hires.
