Newsletter Sign-up

Keyword Search HCX for your Favorite Author / Content

HireCentrix News Updates

WWE: State auditing company for misclassification of wrestlers and other employees

AddThis Social Bookmark Button

World Wrestling Entertainment misclassification independent contractorsWhile U.S. Senate candidate Linda McMahon has been touting her business prowess building and running Stamford-based World Wrestling Entertainment, the state has been auditing the company to determine if WWE cut costs by improperly using independent contractors in and out of the ring.

"As far as I know, all of the (worker) classifications have been correct or if not they were brought to WWE's attention," McMahon, who resigned as CEO from her family's company in September, said Tuesday in New Haven. "Any kind of audit, a tax audit or whatever ... if you made a mistake, you change it, or if it's fine, you leave it."

McMahon, who is financing her bid for the Senate, said she was unaware WWE was the target of a state audit, confirmed Tuesday morning in an e-mail to Hearst Connecticut Newspapers by a company spokesman.

Federal and state officials have been cracking down on companies that misclassify regular employees as independent contractors, often to avoid paying Social Security, Medicare and unemployment insurance taxes for those individuals.

"Although misclassification can happen inadvertently, it is more often used to circumvent the law," reads a fact sheet from Connecticut's two-year-old Joint Enforcement Commission on Employee Misclassification.

Read More


Related Posts

Hirecentrix Jobs

Click Here to POST JOBS - $45 for 30 Days
All Jobs Cross-posted to
SimplyHired for FREE

HCX Facts

US investment in the Netherlands from 2000 to 2010 was nine times more than US investment in China during the same period. US investment in the UK was more than seven times more, and in Ireland nearly three times more, than in China. (Source: Transatlantic Economy 2011

Who's Online

We have 699 guests and no members online


Login Register

HCX Login Register