Access Valuable Guides on Key Topics and Trends

Direct and Indirect Costs of Independent Contractor Engagement Methods

GUIDE | 10 MIN READ

How to Engage Independent Contractors (Guide): Costs and Methods

By MBO Partners

Learn how to engage contractors using best practices that reduce costs, attract top talent, and reduce misclassification risk.

Read More...
consultants working

Talent Network Management: Tips for Being the Client of Choice for Top Talent

By MBO Partners

Competition for top independent talent is getting fiercer in today’s workplace. With many in-demand skills and top performers only accessible through contract engagements, insightful enterprises have seen the importance of attracting independent professionals to their brands.   Once these professionals have been attracted and proven to be a good fit for the work and the company,…

Read More...
consultants working together

6 Steps to Creating a Contingent Workforce Management Strategy

By MBO Partners

When you engage independent workers, it is critical to have an independent workforce management strategy so that your program can be effective and successful. Whether you work with independent contractors, freelancers or consultants, contingent workers must be engaged and managed differently than traditional employees. There is a distinct level of compliance risk associated with this…

Read More...
Happy freelancer

6 Ways to Prepare Your Enterprise to Engage Top Independent Talent

By MBO Partners

The fractional or blended workforce, a mix of full-time employees and contingent labor, is fast becoming the new normal in the enterprise space. In fact, today, one in three workers in enterprises are contingent. When organizations leverage a strategic mix of independent labor, full-time employees, and even offshore talent, we refer to this as an…

Read More...
consultant at work

16 Benefits of Hiring Independent Contractors vs Employees

By MBO Partners

Hiring independent contractors over traditional employees comes with many benefits. Today, more than 51 million people have chosen to work independently rather than have a permanent, full-time job. And most independent contractors are very satisfied with the flexibility and creativity their career path affords. Most plan to remain independent and even build a larger business.   …

Read More...
consultants working together

3 Strategies for Hiring Independent Workers

By MBO Partners

There are direct and indirect costs that must be considered when engaging and hiring independent workers. 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. However, in order to make the best use of this valuable talent pool…

Read More...
consultant working

5 Challenges Independent Professionals Have with Your Enterprise (and how to solve them)

By MBO Partners

Working as an independent contractor isn’t always easy or straightforward. Although there are now 51 million independent professionals—and that number is expected to increase—many jobs are still created with traditional employees in mind. In order to take advantage of the independent professional labor market, it’s important for enterprises to learn where independents might be struggling…

Read More...
consultants working

What is Contingent Workforce Management?

By MBO Partners

Contingent workforce management involves finding, engaging, and managing contingent talent—people who work as independent contractors, consultants, freelancers, entrepreneurs, digital nomads, gig workers etc. In order to build a blended workforce that is a strategic mix of contingent and full-time talent, it is important to: engage talent quickly, cost-effectively, and compliantly, design and scale a contingent…

Read More...
consultant working with others

10 Tips to Drive Contingent Workforce Management Policy Adoption

By MBO Partners

Creating a contingent workforce management program is an important step in ensuring compliant engagement, but adoption of policies you have put into place is key to ensuring that the program you created is followed. One of the most valuable resources to organizations today are independent professionals. This component of your total workforce can bring in…

Read More...
consultants working at desk

5 Direct Sourcing Benefits That Can Help Overcome Challenges Using Independent Professionals

By MBO Partners

Spurred by the Great Realization, the independent talent population is steadily increasing. Fifty-one million professionals are currently working as independents and that number is expected to see 38% growth over the next five years. Even as this talent segment becomes a permanent part of the workforce and a component of competitive advantage, leaders are faced with…

Read More...