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Archive for February 2024
Independent Contractor Misclassification and Compliance News February 2024
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. Commissioner of Federal Trade Commission (FTC) Argues Misclassification…
Read MoreNavigating Compliance and Risk Management in Direct Sourcing
Over 72 million Americans worked independently in 2023. As more enterprises turn to the independent workforce for staffing flexibility, in-demand skills, and cost savings, direct sourcing is steadily evolving as the leading way to engage this group of talent. Direct sourcing gives enterprises access to a pool of vetted talent, saves time and costs, increases…
Read MoreTop 7 Financial Considerations When Starting a Small Business
When starting a small business, there are many financial considerations to consider. Maintaining a consistent pipeline of work, marketing your services, and building your brand are big pieces of the puzzle, but to make a sustainable income and operate compliantly, you’ll need to think about your finances as well. Here are seven financial management topics…
Read MoreNavigating Tomorrow: Exploring Emerging Travel Trends
According to a study by MBO Partners, there were approximately 10.9 million digital nomads in the United States alone by 2020.
Read MoreStartUp Angra is now much more accessible to digital nomads and freelancers
A study carried out by MBO Partners reveals that since 2019 the pandemic began, the number of digital nomads has tripled, reaching a growth of 131% in 2022.
Read More4 “Off the Beaten Track” Tips to Create Financial Security as an Independent Professional
Every worker has at least some degree of concern about job security, and independent professionals are very concerned. The challenge cited most frequently by nearly half of the respondents (49%) to our 2023 State of Independence survey was insufficient predictable income. Coming in second, 33% of respondents were worried about the state of their project…
Read MoreHow Fluent Are You in “Digital?” 4 Areas that Independent Professionals Need to Master
On-the-job technology has come a long way since Netscape days. As hardware and software have steadily evolved since then, workers and companies have had to keep up. Web browsers, email platforms, and phone apps are just a few of the technology tools that are embedded in the workplace. Now there are clouds, web-based collaboration spaces,…
Read MoreWho’s an independent contractor? Who’s an employee? We’re about to find out. Again | Opinion
According to MBO Partners, full-time, part-time and occasional “independents” now number 71.2 million and in five years will make up 33% of the workforce.
Read MoreProject Management Tips for Independent Contractors
Project management is an important part of every independent contractor’s business. How you handle a project from start to finish will have an impact on your reputation, and influence whether or not your client will want to work with you again. Project management can be tricky—even if you’re organized and it comes somewhat easily to…
Read MoreUnexpected Reduced Tax Refund? Here’s What You Might Be Missing
It’s no secret that contract work has seen immense growth over the past few years (in fact, according to a recent survey from MBO Partners, occasional independent work increased by 132% from 2020 to 2023, and independent work as a whole increased 89% during that time.)
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