BuiltIn

Each year, the number of digital nomads grows. According to a 2020 report by MBO Partners, which provides support services for independent workers, 10.9 million American workers consider themselves digital nomads. That number is up from 7.3 million in 2019, and 4.8 million in 2018.

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misclassification and compliance news

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. Protect the Right to Organize Act (the “PRO…

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cityscape

Understanding the dynamics of the marketplace is helpful for any business seeking to develop strategies to maximize the value of independent contractors. To help describe the “human capital” market, a parallel can be drawn to financial markets and the basic elements of managing investments. Whether you’re building your personal portfolio or executing a strategic business…

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The Tico Times

One positive trend that’s expected to continue is working from home, as companies learned that this can actually increase productivity while lowering costs associated with maintaining large brick-and-mortar office spaces. MBO Partners found 83% of them reported feeling “happier working on my own,” with 71% saying that “working on my own is better for my…

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The Weekly Independent

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. Learn how…

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Yahoo Finance

According to Dow Jones, boomers make up 35% of the gig economy. Boomers may find themselves retired and bored and want part time flexible work. Research from MBO Partners shows that those working in a gig economy are pretty happy. The average independent has four or more clients to diversify financial risk. And 80% of…

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Unleash

Uber has decided to legally transition its 70,000 UK drivers into ‘workers,’ making them eligible for a minimum hourly wage, holiday pay, and employer pension contributions. However, MBO Partners UK business development director Mark Stringer thinks Uber’s move needs to be treated as a specific case; “this case just drives the point home that businesses need to utilize the gig economy in the correct manner with the correct assessment…

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consultants working at desk

One of the most important tasks you’ll take on as an independent contractor is tracking and billing your time. Whatever billing method you choose, you’ll want to present a reputable, professional contractor invoice to your clients. Follow these five tips to present a clean, professional invoice to your clients. 1. Set a Billing Policy Creating…

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