Archive for January 2016

MBO Partners CEO Gene Zaino authored a blog for The Huffington Post in which he discusses the future of work and how the government will need to adapt in order to meet the needs of the changing workforce.

Researchers from Emergent Research and MBO partners estimated last fall that there are roughly 30 million full-time and part-time independent workers in the gig economy.

There are roughly 30 million full-time and part-time independent workers in the gig economy, according to a report last fall by Emergent Research and MBO Partners. Millennials are prominent in the gig economy. In 2011, there were 1.9 million full-time independent workers (aged 21-35). Last year, that number was 5.3 million, the study reported. Yet…

Already, 2.9 million freelancers earned more than $100,000 last year, up from 2 million who hit the six-figure mark just four years earlier, according to MBO Partners.

Nearly 80 percent of those who work for themselves said they were happier working on their own and plan on remaining independent, and one in seven non-independent workers is considering going freelance, the MBO report found. About 45 percent said they make more money working on their own full-time. http://www.thefiscaltimes.com/2016/01/12/Why-Freelancing-Hot-Work-Trend

Millions of professionals are skipping the traditional corporate structure and turning to freelancing, consulting or temp/on-demand assignments. According to a study by MBO Partners, the U.S. economy currently has 30.2 million independent workers — and that number is expected to hit nearly 38 million by 2020.