Compliance Solutions

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4 Ways a Leading Cloud-Based Software Company Optimized their Workforce (Case Study)

By MBO Partners

CASE STUDY Vertical: Technology | Type: Workforce Management Many businesses today are embracing an increasingly independent labor force that is a strategic mix of full-time, independent, and offshore talent. A blended workforce offers enterprises the ability to scale work up and down depending on market needs. This approach not only gives businesses ready access to…

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4 Ways to Reduce Worker Misclassification Risk

By MBO Partners

Worker misclassification is a complex topic. It does not always have a straightforward solution. 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…

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How a Fortune 500 Retail Company Mitigated Misclassification Risk (Case Study)

By MBO Partners

CASE STUDY Vertical: Specialty Industries | Type: Misclassification and Compliance Compliance, at its core, takes many forms—preventing harassment and discrimination, safeguarding sensitive data, and ensuring workplace safety, just to name a few. When an enterprise engages independent talent such as freelancers, consultants, or contractors, they must abide by compliance regulations specific to these types of…

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Recruiting Contractors vs Employees: What’s the Difference?

By MBO Partners

Independent contractors and employees are two very different pools of talent. That means there are big differences when it comes to recruiting each type of talent. In order to successfully attract, retain, and re-engage independent workers, it’s important to focus on building a recruiting strategy that is specifically designed to meet the needs of these…

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Why Worker Classification is Important to Independent Professionals

By MBO Partners

The cost of employee misclassification on independent contractors and what organizations can do to minimize risk.

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3 Ways Employee Misclassification Puts Your Business at Risk

By MBO Partners

Many organizations today incorporate independent professional talent into their fulltime workforce, making it increasingly important to put measures in place to help correctly classify talent as either traditional employees—recipients of a W-2 Wage and Tax Statement—or independent contractors—recipients of form 1099-MISC, Miscellaneous Income. Failure to correctly classify a worker can have long-term, expensive consequences. If…

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Financial Services Leader Uses Direct Sourcing to Cut Costs, Mitigate Risk (Case Study)

By MBO Partners

CASE STUDY Vertical: Financial Services | Type: Direct Sourcing Today’s talent comes in all shapes and sizes from traditional W-2 workers to contractors, freelancers, consultants, temporary workers and more. Whether your organization is just beginning to engage contingent workers or has been incorporating this segment of the workforce for some time, you’ve likely heard the…

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How Technology Is Changing the Way Companies Find Top Independent Talent

By MBO Partners

Our current workforce demands a broad talent management plan that integrates a dynamic mix of temporary and full-time workers. A key component of this talent management plan is integrating independent professionals into contemporary workforce programs. Technology is leading the charge in this shift. Traditionally, workforce programs focused on independent talent are managed either in-house or…

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Leading Healthcare Company Implements Workforce Optimization Program (Case Study)

By MBO Partners

CASE STUDY Vertical: Healthcare | Type: Workforce Management Today’s labor force is increasingly composed of independent talent—people who work independently to build businesses, develop their careers, pursue passions, and supplement their incomes. Independent talent give companies the ability to respond quickly to project demands, exert greater control over employment costs, and realize access to in-demand…

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Why Does the IRS Care About Worker Classification?

By MBO Partners

Contingent workers are a growing and increasingly prominent part of our workforce today. As more people choose independent work as a career path, the issue of worker misclassification is growing as well. The IRS estimates that millions of workers have been misclassified, and according to state-level studies, 10-20% of employers misclassify at least one worker…

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