Consulting Rates: How to Determine My Bill Rate

consultant

How do you calculate your consulting rate?  It’s a question most W2 employees ask themselves when they want to become a consultant. How can you maximize today and prepare for a profitable consulting business? 1. Evaluate Your Bill Rate When’s the last time you evaluated your pricing strategy? Have your bill rates remained steady for…

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Top Independent Contractor Compliance Stories from 2022

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. 2022 was a fascinating year for independent contractor compliance. Here’s a look at some top stories. 1. U.S. Department of Labor…

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3 Ways to Build an Agile Workforce with Contingent Talent

consultants working

Enterprises across the globe are adapting and revising their strategic mindsets. The COVID-19 pandemic caused many companies to re-think how work gets done, and for many this has involved embracing a flexible workforce composed of a mix of fulltime, W-2 employees, and independent contractors. Independent contractors offer quick access to in-demand skills, giving organizations the…

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How to Access, Engage, and Manage Your Independent Workforce

consultants talking

When incorporating independent talent into your workforce, there are many steps involved. Enterprise managers must find the right talent to fit their needs. Those independent contractors must be engaged in a legally compliant manner. It’s important to manage working with independent professionals in a way that helps your business achieve its goals. By understanding this…

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How to Eat An Elephant: Open Innovation Bite-by-Bite

open innovation

Open innovation can help companies solve problems that would otherwise remain left behind by any department. Whether implemented at a large or small company, crowdsourcing can help thrust productivity forward. It is important to use problem-solvers who are naturally curious, confident lifelong learners. After selecting problem solvers, a company can learn from the solutions provided.…

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5 Best Practices for Developing Long Term Client Relationships

Independent professional with long-term client

For many independent professionals, work can be tinged with uncertainty. The top two challenges reported by respondents to our 2022 State of Independence survey were not enough predictable income and concerns about the sales pipeline, and a big part of operating an independent services business is addressing them. In addition to these challenges, many independents…

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