Workforce Management
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Improve independent contractor program adoption, increase talent retention rates, and mitigate misclassification risk with these three best practices for independent contractor engagement.
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GUIDE | 15 MIN READ
This guide covers best practices for a company and its managers to set up their independent talent for success in 2023. These practices are part of building an optimized workforce. It also includes self-assessments that help determine what’s working and where improvement is needed.
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Direct sourcing improves the ability of firms to find and engage contingent workers with the skills they need by: Creating a curated talent pool with contingent workers. Quickly accessing independent professionals with the skills you need. Re-engaging contingent labor, which increases work quality, decreases time to fill roles, and improves the culture fit with the…
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The modern independent workforce runs businesses from anywhere in the world, increasingly works together in teams, and finds new projects using online marketplaces. These workers are finding their place in America’s larger workforce, bringing skilled expertise to fill critical job openings while enjoying the flexibility and lifestyle independent work offers. Enterprises are increasingly recognizing the…
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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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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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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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In conducting the research that informs our annual State of Independence report, we noticed a trend in the late 2010s that prompted us to include a new set of questions in our surveys. The focus of these questions is on how and why independent professionals form teams with other independents or microbusinesses. We began reporting…
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Independent labor has become mainstream in the American workforce. According to MBO’s 12th Annual State of Independence Report, 2022 was another year of big growth for this market segment as the total population increased to 64.4 million, one-third of which are Full-Time Independents. As more and more companies move toward a blended or optimized workforce—a…
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Best practices and industry standards for engaging and paying independent contractors.
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