Workforce Management

Artificial Intelligence for Contingent Labor: Benefits and Challenges

By MBO Partners

Artificial intelligence (AI) can have a significant impact on companies that use independent contractor talent—from finding and sourcing contractors to engaging and onboarding them. AI tools can effectively source prospective independents, assess them without bias, and onboard them efficiently. With more companies drawing on contingent labor to build optimized or blended workforces, AI tools can be…

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8 Ways to Offer Wellness Benefits to Independent Professionals

By MBO Partners

Being a Client of Choice is critical for any enterprise competing for independent professionals with in-demand skills. Our research shows an annual increase in the percentage of independents saying they are able to choose the clients with whom they work. This choice goes beyond money into areas like ease of engagement, the quality of working…

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Creating an Effective Contingent Labor Program: Introduction 

By Jessica Soler

Unsurprisingly, companies are increasingly recognizing the need for agility and flexibility within their workforce. Recent layoffs among traditional W2 employees have prompted a reevaluation of conventional employment models. As organizations navigate economic uncertainties and rapid technological advancements, the spotlight increasingly turns towards the strategic integration of independent contractors & a contingent workforce. This shift not…

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Managing the Pressure Cooker of Microstress for Enterprises and Independents

By MBO Partners

In today’s fast-paced workplace, people often find themselves grappling with a subtle form of pressure: microstress. Unlike the obvious stress that can arise from major life events, microstress comprises small daily stressors that add up over time. Because of the “smallness” of microstressors, they may be hard to identify. Their cumulative effects, though, can be…

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5 Tips for Building Stronger Contractor Relationships in 2024

By MBO Partners

Building strong relationships with independent talent will be important for businesses in the coming year as more enterprises seek to use independents as part of their staffing strategy. Top independent talent—who have the skills companies seek—have the luxury of picking the clients they work with. Those who purposely find ways to prioritize contractor satisfaction and…

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Compliance Risk Assessment Tool for Independent Workforce Engagement

By MBO Partners

Because there is risk associated with hiring independent contractors, preparation is key. Often, misclassification can be unintentional because businesses simply do not have a full understanding of the laws regarding how to classify their workers. However, it can also be done intentionally to reduce labor costs or avoid payroll taxes. Regardless of why misclassification occurs, it…

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9 Ways to Include AI in Your Workforce

By MBO Partners

Workforce optimization—establishing a strategic mix of employees and contractors—will likely be redefined in the next few years. With AI coming on the scene in a big way, speculations swirl in the business community about how it will change the way work is done. Will it cause jobs to be lost as it takes on roles…

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How to Integrate Independent Contractors into Your Business in 2024

By MBO Partners

Independent contractors are the solution for many organizations when faced with disruption, competition, and labor and skill shortages. The average company reports that contingent labor makes up 28% of their workforce, and this proportion is expected to grow to 38% by the end of 2027. As this sector of the workforce increases, it is worth…

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In-Demand Skill Sets for Today’s Workforce

By MBO Partners

As the business world enters a new digital reality dominated by AI, the skills needed in the workforce are changing. As a result, skills that were once nice to have or useful in special circumstances are in ever-higher demand. Soft Skills Become Power Skills In the past, enterprises considered roles in the context of “technical…

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How to Achieve Corporate Agility by Leveraging Independent Talent

By MBO Partners

Enterprises today are increasingly using workforces composed of full-time, independent, and offshore talent. By shifting to project-based workflows that align with this mix of talent, companies can be more flexible in creative in how work gets done. Many have transitioned to remote work, or partially remote work as a new way of operating. To remain…

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