Compliance Solutions

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Top 5 Employee Misclassification Penalties to Avoid

By MBO Partners

Worker misclassification can result in fines, penalties, lawsuits, and reputation damage. Here’s what you need to know about misclassification and compliance.

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3 Ways to Stay Compliant When Hiring Independent Contractors

By MBO Partners

Staying complaint when hiring independent contractors is a task many enterprises today face. More than 71 million Americans are currently working independently on a full- or part-time basis. This means that if you aren’t doing so already, you’ll likely be engaging some of this independent talent soon. But read carefully. That last sentence wasn’t an…

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Engaging Offshore Workers: 5 Best Practices for International Compliance

By MBO Partners

There are many benefits in hiring or engaging offshore workers to complete tasks and provide services for U.S. enterprises. For example, such workers may offer invaluable expertise; using offshore workers can help reduce costs which can lead to increases in profit; and using offshore workers can enable U.S. businesses to reach broader audiences across various…

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5 Worker Misclassification Mistakes to Avoid

By MBO Partners

When deciding how to classify workers, there are important factors that should be considered. Whether you classify someone as an employee or a contractor will dictate how you pay taxes as an employer, how the worker is paid, whether they are eligible for benefits, and how they are managed on a daily basis. Below, we…

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3 Ways to Ensure Success When Engaging Independent Contractors

By MBO Partners

Growing demand, enabling technology, and expanding supply are three key factors leading to the continuing growth of the independent workforce in America today. In 2023, just over 72 million people reported working independently. As more organizations incorporate independent talent as part of their workforce, it becomes increasingly important to be aware of the legal complexities…

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How to Ensure Compliance for Non-Traditional Independent Workers

By Cori McKee

As the way work gets done changes and companies continue to seek high-demand and often specialized skills, hiring managers are tapping workers from non-traditional talent pools. The most notable of these are digital nomads and members of the creator economy.   Engaging Digital Nomads Requires Extra Attention  While independent professionals pursuing a digital nomad work style…

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W-2 vs. 1099: 10 Differences for Employers

By MBO Partners

Employee misclassification can be detrimental to your business. Here are 10 key differences between 1099 independent contractors and W2 employees that you should know.

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The Legal Landscape: Navigating Compliance with Independent Contractors

By MBO Partners

Engaging independent contractors comes with many benefits: increased staffing flexibility, access to in-demand skills, cost savings, and a workforce for project-based work. But in exchange for these advantages, companies must be aware of how to navigate compliance in order to operate legally when engaging contingent workers. From a legal perspective, independent contractors fall under a…

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What Causes Independent Contractor Engagement Risk and How to Avoid It (Guide)

GUIDE | 9 MIN READ

What Causes Independent Contractor Engagement Risk and How to Avoid It (Guide)

By MBO Partners

Learn what causes independent contractor engagement risk and how to mitigate that risk.

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When to Classify a Worker as an Independent Contractor

By MBO Partners

Today’s workforce includes full-time employees, temporary workers to fill seasonal or short-term needs, and contingent workers such as freelancers, independent contractors, or consultants. Businesses benefit from this diversity of workers. Workforce diversity gives companies have more workforce flexibility, access to specialized skills on-demand, and the ability to form ready-made teams when a project need arises….

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