Archive for June 2016

The number of six-figure freelancers is rising dramatically, according to a new report by MBO Partners, a provider of back-office support to independent workers in Herndon, VA. Three million full-time independent workers—or 17.9% of full-time free agents— earned more than $100,000 in 2016, compared to 2 million in 2011—a 50% increase, the report found.

Small Biz Daily profiles MBO Partners’ 2016 State of Independence report.

MBO Partners in April proposed a designation called “certified self-employed” workers. The company’s detailed plan calls for the Small Business Administration to oversee the program. It would be limited to workers who charge at least $50 an hour, to protect employers from coercing other workers into the program. Certified self-employed workers would agree to pay…

CEO Gene Zaino contributed a piece discussing the Certified Self-Employed solution for Staffing Industry Analysts’ The Staffing Stream.

The introduction of Obamacare makes it possible for freelancers to get quality health insurance (although they may have to pay a hefty sum for it), and more than a quarter of freelancers say that they’re able to earn $75,000 to $100,000 on their own, according to a report released last summer by MBO Partners. Nearly…

The source of this data, MBO Partners, provides back-office services for independent workers, which for the purposes of its survey are defined as those “who turn to consulting, freelancing, contract work, temporary assignments or on-call work regularly each week.”

In spite of a 5% decline in headcount this year, independent workers remain a powerful economic force, according to MBO Partners’ 2016 State of Independence in America report. Together, these Independents generate more than $1.1 trillion in annual income, equal to more than 6% of US GDP. Over the next five years, the research expects…

Business group MBO Partners releases study of independent workforce.

The strengthening labor market and a new willingness by companies to transition workers to permanent roles caused the total number of independent workers to decline by 5% this year, according to MBO Partners 2016 State of Independence report.