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1099 Risk Blog
Contract Talent
August, 5 2010
The new issue of the Leadership Excellence in Government highlights the latest issue among government talent and HR executives: hiring reform. Ever since a May 11 memo by President Obama, Federal talent leaders have been scrambling to change hiring practices to radically transform the way agencies engage talent. These changes come on the heels of another memo, the in-sourcing initiative, which has put pressure on the federal departments to evaluate what work is outsourced to contractors (including independent contractors, government integrators, consulting firms, and other services vendors) and to make changes in order to maintain the integrity of the . . .
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August, 3 2010
According to the Aberdeen Group, the use of contingent labor -- including independent contractors, SOW consultants, and temporary employees hired on a contract basis -- has increased 20% over last year. Clearly, contract labor is in demand as companies struggle to emerge from the recession. But this increase in the use of contingent workers presents challenges, too. Costs can spiral out of control, the quality of the talent can suffer, and businesses can become exposed to tremendous risks should the use of the contingent workforce fail to meet compliance and regulatory requirements . . .
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July, 14 2010
As we settle in for an uncertain and lumpy economic recovery, everyone is looking for savings. And the word on the street is using contingent labor -- defined broadly to include staff augmentation, independent contractors, SOW consultants, and temporary workers -- saves businesses money. But conventional wisdom isn't always right. As Edward Deming once said, "In God We Trust, all others bring data." Staffing Industry Analysts just published their data benchmarks with the following statistics for annual savings attributed to the contingent workforce . . .
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July, 2 2010
This week's economic data confirms the trend toward a more flexible contingent workforce:
The United States workforce is in flux, and the work that used to be performed on a so-called "permanent" basis is increasingly being met with contract labor. According to MarketWatch, the initial unemployment claims for the week ending June 26th rose by 13,000, or nearly 3% from the previous week. At the same time, according to the latest BLS figures (reported by Staffing Industry Analysts), the US economy added 20,500 temporary jobs in June, for a total of 2.1 million jobs . . .
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June, 30 2010
Independent Contractor (IC) compliance is hot, and there are a lot of purportedly "expert" solutions springing up to help solve these issues. Any time there is a market opportunity new businesses pop up, hoping to cash in on the trend. But this is a complicated field, and one of the reasons people look for experts is that the issues are confusing, which makes it difficult to tell who is for real and who is a . . .
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March, 17 2010
MBO Partners recently confirmed that Jay Lash has been appointed VP of Market Strategies. Lash, formerly with Allegis Group Services, brings over 25 years of experience in contract talent management and contingent workforce solutions. Knowing that there has been a lot of buzz about Jay’s career move, we brought him in for an exclusive interview on our Contract Talent blog. I tried to ask him ten questions, but he's a busy man, and he drives a hard bargain. We settled on eight. . . .
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Recent NewsNew Study Details Strategies for Managing the Contingent Labor Umbrella, Including Independent Contractors
August 12, 2010 -- New research on contingent workforce management from Aberdeen highlights a new trend in independent contractor and SOW consultant management: a dramatic increase in the use of Independent Contractor Engagement Specialists (ICES) that help businesses reduce the risks of engaging independent contractors and other contract workers, including misclassification and co-employment risk.
Read the press release >
Visit the newsroom > New ResearchManazing the Complexities of the Contingent Labor Umbrella
This latest research from Aberdeen reports on the dramatic growth in the use of independent contractors, SOW consultants, and services spend, and gives insights on how Best-in-Class organizations are navigating the contingent labor landscape. This year, the report has an expanded scope to include new categories of spend in the contingent workforce, including project / services spend.
Download MBO White PaperMaximizing Talent, Minimizing Risk: Approaches for Compliant Independent Contractor Engagement
Conventional Contingent Workforce Management (CWM) approaches are weak when it comes to independent contractors. But recent innovations are being integrated into VMS/MSP programs with powerful results. This whitepaper shows how to focus on the root cause of independent contractor challenges, rather than symptoms, and reap significant risk mitigation.
Talk With Our ExpertsCall 1-800-220-0469, or complete this form. Our experts will be in touch promptly.
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