Posts Tagged ‘Uber’
California AB5 Sets Dangerous Precedent
On Tuesday, California lawmakers passed Assembly Bill 5, which would provide new wage and benefit protections to workers at so-called gig economy companies. The 29-11 vote now sends it back to the state Assembly for final approval. AB5, as it is also called, has drawn staunch opposition from on-demand delivery and ridesharing companies like Uber…
Read MoreRewarding the Baby Steps
How companies can incentivize basic but critical business-building action. Rewarding and Incentivizing a distributor field isn’t all about recognizing those long-term leaders who stay at the top. In fact, many companies are moving in the direction of rewarding and incentivizing distributors who achieve smaller, more attainable milestones based on the specific action steps companies want…
Read MoreHurdlr Acquires Direct Selling IBO App Deductr
Hurdlr recently announced that it has acquired Deductr, the self-employed tax savings app for direct selling independent business owners (IBOs). Hurdlr has already started rolling out its new Hurdlr Enterprise platform to direct selling companies. According to the company, within a few months the migration of existing Deductr clients to Hurdlr’s platform will be complete. “Many industry…
Read MoreCalifornia Assembly Bill 5 Approved
The California Senate Labor, Public Employment, and Retirement Committee passed a bill Wednesday that would likely result in a variety of industries, including gig economy companies, to classify individuals in their business as employees rather than independent contractors. Assembly Bill 5, introduced in January by Rep. Lorena Gonzalez, codifies and expands a landmark state supreme…
Read MoreFinancial Analysis
Public direct sellers: China issues have direct selling stocks starting 2019 off slowly; rideshare unicorn IPOs banged up in the public markets. China Issues Plague Direct Selling Stocks Our proprietary index of Direct Selling stocks continues to lag the S&P 500 so far this year through mid-May, down 3 percent versus +13 percent for the…
Read MoreAlways Keeping A Startup Mentality
Jeff Bezos has written a letter to his shareholders each year since the company’s inception. These letters outline Amazon’s long-term mission, culture and values. His 2017 letter, however, stood out more than the others for me. Bezos defined what he calls a Day 1 company vs a Day 2 company. Day 1 companies are: Agile…
Read MoreAnnual Meeting and the Way Forward
It feels like opening day! Or a Broadway premiere. Or the first day of a new job. The excitement is there, palpable. It’s the future— the potential, excitement, fear, danger, and thrill of something new and unknown. That is what I am hearing from direct selling executives across the country as we take the next…
Read MorePaying Daily Could Become Your Best Retention Strategy
Career Builder conducted a survey back in 2017 that confirmed that 78 percent of U.S. workers live paycheck to paycheck to make ends meet. In that same survey, it stated that Nearly 3 in 4 workers say they are in debt today, and more than half think they will always be. This shows why alternative…
Read MoreIs Your Arbitration Clause Enforceable?
With the start of a new year, direct selling companies might benefit from taking a new look at the arbitration clauses designed to protect them from class-action lawsuits. Why? Last week, the Ontario Court of Appeal deemed Uber’s arbitration policy to take advantage of drivers. A panel of three judges ruled on Wednesday that Uber was…
Read MoreWelcome To 2019!
Just as the arrival of a new year allows us start a new chapter and usher in new ideas, we too at Direct Selling News are excited to present to you a few new items for show and tell. As you can see we have added a new coat of paint to our look and…
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