New FLSA Law Update for Roofing Industry (Correction + Deep Dive)

  Рет қаралды 3,300

Adam Bensman

Adam Bensman

Күн бұрын

I need to set the record straight about the new FLSA Law that’s creating a huge shift in the roofing industry. If you saw my first video about this, then this is a must watch. Because I correct an important detail, and go much deeper. Watch this new video to discover:
- What are the risks and fines?
- What is “Economic Reality?”
- What pay changes should you expect?
I cover the high-level details of what you need to know (for owners, managers, and sales reps alike).
P.S. Stop going at it alone… Changes like this are coming fast to our industry. Join us in the trenches to stay a step head of the rest. www.rsra.org/join
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Пікірлер: 34
@valorroofandsolar355
@valorroofandsolar355 3 ай бұрын
Will be nice to see integrity brought back to the roof and solar spaces!!
@NKSRoof
@NKSRoof 3 ай бұрын
This clarifies a lot of questions we’ve had. Thanks Adam!
@TheRoofStrategist
@TheRoofStrategist 3 ай бұрын
Glad it was helpful!
@adiamondmanOfficial
@adiamondmanOfficial 22 күн бұрын
Thank you Adam
@012276daws
@012276daws 3 ай бұрын
This law is the reason Uber is pulling out of Minneapolis. It affects every trade.
@tabarijordan7768
@tabarijordan7768 3 ай бұрын
Your amazing bro God bless, thank you
@TheRoofStrategist
@TheRoofStrategist 3 ай бұрын
Appreciate you dude! Thanks for the comment.
@roofingsolutions350
@roofingsolutions350 3 ай бұрын
Thank you Adam ~
@TheRoofStrategist
@TheRoofStrategist 3 ай бұрын
You're very welcome.
@otiswoodley1639
@otiswoodley1639 3 ай бұрын
I'm 1099 and the roofing contractor writes a check to my COMPANY. And my COMPANY pays me. I just happen to be the president of my COMPANY.
@TheRoofStrategist
@TheRoofStrategist 3 ай бұрын
I wish that matters but it doesnt.
@GoodContractorsRoofingOwner
@GoodContractorsRoofingOwner 3 ай бұрын
Doesn't matter.
@diegod7936
@diegod7936 3 ай бұрын
Love you Adam
@TheRoofStrategist
@TheRoofStrategist 3 ай бұрын
@patrik-robertmaruntis5490
@patrik-robertmaruntis5490 3 ай бұрын
Hi Adam. Are there companies where you can work first part time because of your job and than maybe more ( sales job). I don't like solar. What do you know?
@Trekkster-24
@Trekkster-24 22 күн бұрын
Are the laws different in Texas for this?
@brucestageberg8998
@brucestageberg8998 3 ай бұрын
Adam, one of my crews called me on this last night. He has 20+ crews, all 1099, all working mainly for him. He’s concerned this will affect him. Do you have a lawyer in MN that would have extensive knowledge on the issue?
@woahlookatthetime
@woahlookatthetime 3 ай бұрын
Can you just make basic bullets? Hard for me to catch on to the concept of the conversation. 😢 And yes you are amazing God bless
@TheRoofStrategist
@TheRoofStrategist 3 ай бұрын
Basic bullets here: kzfaq.info/get/bejne/e8ughqpkydGdpmQ.htmlsi=4_p5HtiVRTHitNJw and I stand corrected on the 90% number that I say. I correct those details in this video.
@user-gl9xc3df8z
@user-gl9xc3df8z 3 ай бұрын
Aren’t the Mormon owned Utah based d2d companies historically protected from employee mis-classification between w2 vs 1099?
@TheRoofStrategist
@TheRoofStrategist 3 ай бұрын
I don't know the answer to that one. Can you point me to some legislation and I'll look into it?
@brucestageberg8998
@brucestageberg8998 3 ай бұрын
So 90%?
@dakotahuff9384
@dakotahuff9384 3 ай бұрын
Sales reps on W2 will no longer be able to write off any expenses including miles right? Also how will this work for the crews who are all 1099 for insurance purposes?
@trillis25
@trillis25 2 ай бұрын
I asked my tax guy recently about writing off mileage as a W2 and he said that I cannot as of a couple years ago.
@chind0na
@chind0na 2 ай бұрын
Turn your vehicle into a rental.
@casasfam9848
@casasfam9848 3 ай бұрын
Brother my elderly clients keep getting denied do you have a lawyer I can contact please. These houses got hit with hail and no buy
@coolintheshade
@coolintheshade 3 ай бұрын
Look for a PA instead of an attorney, especially if the claim will be below $100k.
@paulhoekstra9357
@paulhoekstra9357 3 ай бұрын
With these laws why are they not going after all the fast food franchises and gig workers
@TheRoofStrategist
@TheRoofStrategist 3 ай бұрын
It is my belief that they are. It's all 1099 classifications, not just roofing.
@carebear1994
@carebear1994 3 ай бұрын
What about 1099 roofing crews?
@GoodContractorsRoofingOwner
@GoodContractorsRoofingOwner 3 ай бұрын
The best answer is "depends." Each sub needs to be considered in light of the six factors.
@TheRoofStrategist
@TheRoofStrategist 2 ай бұрын
@@GoodContractorsRoofingOwner Very well said.
@coreyswischer566
@coreyswischer566 3 ай бұрын
I love Adam's materials, but there is so much misinformation here. I practiced law for 20 years before joining this industry. I no longer practice law, and this is not legal advice. Get legal advice. Please speak to your own attorney before blindly following this advice. Before hiring a lawyer make sure they fully understand the difference between federal wage and hour laws, IRS code and regs and state laws for workers compensation. You then need to educate them about this industry and how you run your business without ever referencing anything you heard in this video. Only then have them watch this video and give you their response. There is so much more (and less) to this than the economic reality test changing in federal wage and hour laws. You don't only need to understand the FLSA (and whether it even impacts your business at all with your top performers). You need to understand all of the other laws that impact all employers and contractors and haven't changed. Again, not legal advice, just a plea to seek it before following this advice.
@GROW_YOUTUBE_VIEWS_m104
@GROW_YOUTUBE_VIEWS_m104 3 ай бұрын
I can't be the only one replaying this.
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