Posts by MBO Partners

Three Ways Millennials are Leading a New Era of Independent Work

There are a number of factors that contribute to the growing independent workforce—the 41 million adult Americans who work as freelancers, consultants, contractors, solopreneurs and more. For many, independence offers the potential for greater work/life flexibility, the chance to pursue a passion, or the opportunity to leave the corporate world behind and build their own…

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California to Eliminate Independent Work

California legislature passed controversial legislation that would prohibit companies from doing business with independent contractors and restrict individuals’ ability to earn a living as an independent contractor. This article explores this new legislation, citing MBO Partners’ research on the average income of independent professionals.

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How to Avoid a Tax Audit as a Self-Employed Professional

Independent professionals have additional tax responsibilities above and beyond those of conventional employees. With extra forms and numerous potential deductions, it can be easy to overlook small details or miscalculate. While there’s no way to completely protect yourself from the dreaded tax audit, you can reduce your odds of being singled out by eliminating poor…

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Determining the Cost of Your Independent Contractor Engagement Program

Independent professionals help organizations realize a competitive advantage among their peers by providing access to specialized, in-demand talent, staffing flexibility, and better control over employment costs. In fact, in today’s project-driven economy, more businesses than ever before are turning to independent talent to fill workforce needs—nearly two-thirds (65%) of senior executives say their external workforce…

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Direct Sourcing: Four Tips to Grow a Successful Program

Direct sourcing is a strategy many organizations today are incorporating to engage top independent talent without having to go through a third-party staffing agency or consulting firm. With direct sourcing, companies can avoid costly staffing markups and decrease overhead costs by building a more flexible workforce. But in order for direct sourcing to be successful,…

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The Weekly Independent: September 9, 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. • Staffing…

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The Value of Mentors in Independent Consulting

Now a practice relegated to specific industries, apprenticeships were once the norm in the business and professional world. Internships, which have largely taken their place, are designed for the purpose of exposing an aspiring professional to their chosen industry. Yet internships often lack the aspects of personal connection and tutelage so important to an apprentice…

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Contingent by Design

Bryan Peña, Chief of Market Strategy at MBO Partners, discusses the effects of technology and market forces on the independent workforce, and how the game changers of tomorrow fit in.

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