USER NAME
PASSWORD
FORGOT PASSWORD?

1099 Risk Blog

Subscribe to RSS
« previous Categories: Papers next »
February, 9 2009

New Study Underscores Risk of Using Independent Contractors

Posted by MBO Partners

 

With the nation facing the toughest economic times since The Great Depression, enterprises are being forced to reevaluate their current labor needs and implement alternative workforce strategies to effectively drive performance without sacrificing time, cost, or quality.

 

A new study released by Aberdeen offers the latest benchmarks and numbers surrounding the use of contract labor, and in particular the risks and challenges for managing the growing sector of independent contractors.  Contract talent, also known as contingent labor, is a multi-faceted category that includes independent contractors (IC's) and known for its complexity. Improper management of contract labor has many consequences, including inflated costs, failure to achieve desirable performance from contract-staffed projects, and exposure to risk from non-compliance to internal and regulatory policies.

 

Aberdeen Research Report

 

In 2009, enterprises will do their best to face a demanding economic environment and succeed in their respective contingent labor programs by driving performance from outside experts (managed service providers), automation (vendor management systems), and superior management of independent contractors via Independent Contractor Compliance and Engagement Specialists (ICES) like MBO Partners. Access your copy of Aberdeen's 2009 results, Contract Labor Management: Superior Workforce Strategies for a Demanding Environment.  
 
 

Tags: risk, contract talent, aberdeen, research

Comments

No comments

Add Comment

back

Blog Image

Recent News

Dennis Kanegaye Joins MBO Partners as President of B2B Operations

June 10, 2010 -- MBO Partners appointed Dennis Kanegaye, formerly President of Guidant Group, as President of B2B Operations to focus on offering best in class Independent Contractor Compliance and Engagement solutions to large enterprises.

Read the press release >

Visit the newsroom >

New Research

Contingent Labor Strategies for 2010 and Beyond

This research from Aberdeen benchmarks performance of 200 companies with respect to contingent workforce management. The study found the risks of contingent labor, particularly independent contractors, must be mitigated, while delivering performance across areas like time, cost, and compliance with labor policies and employment law.

Download the PDF

See all white papers >

Download White Paper

Maximizing Talent, Minimizing Risk: New Approaches for Compliant Independent Contractor Engagement

Conventional Contingent Workforce Management (CWM) approaches are weak when it comes to wrangling independent contractors. But recent innovations are being integrated into more traditional VMS/MSP programs with powerful results. This whitepaper shows how to focus on the root cause of independent contractor challenges, rather than just chasing symptoms, and reap significant risk mitigation in the process. 

Download the PDF

Talk With Our Experts

Call 1-800-220-0469, or complete this form. Our experts will be in touch promptly.
NAME  
PHONE  
EMAIL