Archive for March 2019
Independent Contractor Misclassification and Compliance News: March, 2019
As the independent workforce continues to grow, so do the issues of worker compliance and misclassification. It is important for enterprises to remain informed about the latest laws, regulations, and developments surrounding these topics. Each month, we’ll bring you the latest news stories from around the web. 1. Highly Skilled Consultants are Independent Contractors The…
Read MoreContingent workers want to be treated like part of the team
This article draws from MBO’s Client of Choice report which discusses how independent workers want to be treated like team members and have positive relationships with supervisors.
Read MoreGross vs. Net Income: What is the Difference?
Gross income and net income are two important numbers to know when it comes to understanding how your business is doing and paying taxes as an independent professional. Because gross income is used to calculate net income, they can be easy terms to confuse. What is Gross Income? Gross income is the total amount you earn…
Read MoreHow to Remove the Barriers of Independent Contractor Compliance
Self-employment is not only a growing career choice for 42 million Americans, but companies on the whole are also increasingly recognizing the many benefits independent professionals provide and are incorporating this talent into their workforce strategy—65% of senior executives say their external workforce is essential for operating at full capacity and meeting demand. If your…
Read MoreHow Your Organization Can Benefit from a Direct Sourcing Strategy
Today, organizations have unprecedented access to a 42 million strong pool of independent professional talent. And that talent comes in more shapes and sizes than ever before—contractors, consultants, freelancers, side giggers, and more work as 1099 or W-2 workers, and the list goes on. Meanwhile, alongside continued growth in this labor market, 61% of organizations saying they expect…
Read MoreThe Weekly Independent: March 25, 2019
Being a successful independent contractor or a Client of Choice isn’t just about doing the best work or having the best perks. It also means staying one step ahead of the curve. That’s why each week we bring you The Weekly Independent, a quick-hit digest of news of note from around the web. Forbes speaks…
Read MoreHiring Independent Contractors: 5 Common Concerns and How to Overcome Them
It’s not uncommon to experience some nervousness when engaging an independent professional for the first time. Whether you have fears about the quality of the final product, what it’ll cost, or productive use of time and resources, it can be hard to trust someone you’ve never worked with before. The Benefits of Hiring Independent Contractors…
Read MoreThree Cost Savings of Direct Sourcing
Today’s workforce ecosystem is more diverse than ever before. Companies are increasingly shaping their workforce strategy around the expanding independent workforce, finding not only financial benefits, but also value in quick access to in-demand skills, staffing flexibility, and the ability to complete projects on-demand. Many forward-thinking organizations are relying on direct sourcing as a strategy…
Read More5 Risks of Hiring Independent Contractors
Over the next five years, we predict that 58% of the U.S. workforce will be independent, or will have worked independently. This growing trend of independent work is not only a valuable source of talent for businesses, but its proliferation has also made it easier for businesses to compliantly engage independent workers with minimal risk. Despite these positive changes,…
Read MoreHow to Work Effectively with Remote Independent Professionals
Working remotely is an increasingly popular and viable option for all types of workers, especially independent professionals. Our research finds that 4.8 million independents currently describe themselves as digital nomads: workers who have chosen to embrace a location-independent, technology-enabled lifestyle that enables them to travel and work remotely, anywhere in the world. And 17 million…
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