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Archive for May 2022
Independent Contractor Classification: How to Stay Compliant
Updating policies and practices to compliantly engage independent contractors is a major shift many large organizations are going through. Worker misclassification is a serious issue—if a company classifies a worker as an independent contractor when they should really be classified as an employee in the eyes of the law, they are liable for fines, penalties,…
Read MoreBuilding Your A-List: 3 Things to Consider When Re-Engaging Independent Contractors
To re-engage independent contractors that have provided exceptional value to your organization, you should take certain steps to ensure these preferred independents are prepared to work with you again. There are some best practices you can follow to ensure your talent feels appreciated, and your company benefits from the agility they bring. In fact, one…
Read More6 Must-Have Online Collaboration Tools for Consultants
Technological innovation has helped to lead this charge: the evolution of “Anytime, Anywhere” technology has opened the door for many independent professionals to be top tier collaborators and coordinators without the need for a single in-person interaction. While nothing compares to the value of “pressing the flesh,” the best consultants create the next best experience…
Read More3 Ways to Retain Top Independent Talent
Finding skilled independent talent that meets the needs of your organization isn’t easy to do, and retaining this talent is even more difficult. Independent professionals bring flexibility, lower employment costs, and a cadre of talent, helping companies remain agile and competitive among peers. If your organization is engaging independent talent, you’re likely already aware of…
Read MoreTop 6 Virtual Meeting Tools for Small Business Owners
Technology plays a key role in keeping your company operating smoothly—especially if you work with clients remotely. When you work virtually, one of the biggest challenges is collaborating with clients. But just because you can’t be in the same physical space as your client doesn’t mean you can’t have a great meeting. Below, we explore…
Read MoreIs SEP IRA a Good Retirement Option for Self Employed Professionals
As a self-employed professional, you enjoy the flexibility, control, and creativity an independent career offers. However, the challenge and uncertainty of planning for retirement is a common concern. At a traditional job, you have the benefit of built-in retirement options, but this field can be more difficult to navigate on your own. Fortunately, there are…
Read More4 Self Employed Tax Advantages
Being self-employed may not always be simple, but it definitely has its rewards. Doing what you love and having the flexibility that comes with being your own boss can certainly make the challenges worthwhile. In some cases, being self-employed can also have some less obvious tax advantages. Making sure you plan according to the tax…
Read More4 Steps to Creating a Great Small Business Website
Having a professional website is practically a necessity for independent professionals today. Websites are an effective business investment that can increase brand awareness and help you reach new clients. However, not all websites are created equal. Simply having a web presence is a good start, but you also want to make sure your site lives up to…
Read More4 Ways a Big 4 Consulting Firm Improved Contractor Compliance (Case Study)
CASE STUDY Vertical: Professional Services | Type: Misclassification and Compliance When enterprises engage independent contractor talent, they must take steps to comply with relevant laws, policies, and regulations in order to operate legally. Compliance means many things—from preventing harassment and discrimination, to safeguarding sensitive data and building a safe workplace. And, when it comes to…
Read MoreHow to Be Your Own Boss
One of the biggest perks of becoming an independent professional is getting to be your own boss. While there are a lot of rewards that come with this power, being the No. 1 decision maker is not always easy. Those that thrive as independent professionals often have key traits that contribute to their success. Follow…
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