MBO Partners is Recognized as Largest Provider of U.S. Independent Contractor Compliance and Engagement Services
In a multi-billion dollar market, MBO Partners leads the industry in the U.S., affirming the need for a strong, credible infrastructure to support engaging independent contractor talent.
HERNDON, VA–(Marketwired – Dec 16, 2014) – For the second year in a row, Staffing Industry Analysts (SIA) has recognized MBO Partners as the largest provider of U.S. independent contractor (IC) compliance and engagement services. SIA's second annual “Contractor Payrolling and IC Evaluation and Compliance Landscape Report” provides a comprehensive review of companies providing payrolling, and independent contractor evaluation and engagement services. MBO Partners topped the U.S. Agent of Record category in terms of spend, and stands out as the only company providing services to both end-clients and independent workers.
“MBO Partners has long led the charge in delivering future of work solutions,” said Gene Zaino, President and CEO of MBO Partners. “SIA's recognition further validates our deeply held commitment to providing a robust and trusted infrastructure that makes it easy and safe for companies to leverage the ever-growing talent of independent workers.”
With the U.S. population of independent workers increasing to 40 million, companies are in even greater need of third-party services to engage these workers in a manner that complies with stringent misclassification regulations while still giving these workers the freedom and benefits of working independently. The 2014 SIA report identifies increased IC classification scrutiny as a key driver in the demand for both Agent of Record and Payrolling services. “MBO's position as the leading U.S. provider,” continues Zaino, “demonstrates the confidence that large enterprises — including over 50 of the world's largest companies — place in our expertise in engaging this valuable and growing extended workforce.”
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About MBO Partners
MBO Partners is the leading provider of management services for independent professionals and the clients that engage them. We deliver a complete Business Operating System that makes it easy for self-employed professionals and their clients to work together in a convenient, tax-efficient and legally compliant manner. For self-employed professionals, MBO Partners manages their entire business infrastructure. Our technology platform includes a proprietary process to handle billing and revenue cycle management, contract administration, business insurances, expense management, tax withholding, health and retirement benefits and more. We couple this with the benefits of direct vendor access into enterprises and the “white glove” attention of a dedicated business manager. For organizations that use contract talent, MBO Partners provides a complete independent contractor aggregation and engagement offering, including compliance and payment solutions for 1099s, sole proprietors and micro-businesses. To learn more, visit www.mbopartners.com.