Implications on Labor and Employment
Y2K presents a problem on the adequacy of the software being used by personnel and human resources departments. More than this concern, however, are the issues of whether to hire additional employees - on a permanent or temporary basis - to meet the problems of Y2K and what form of benefit and compensation package to grant especially with respect to highly-skilled consultants, programmers and engineers who will be hired only for this purpose. A question also arises on whether independent contractors should instead be engaged. And in case the latter option is resorted to, what should be the effect on copyright and other intellectual property rights on the resulting software or derivative products? Who becomes the owner thereof?