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For Enterprises
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Following on my introduction to this series, this first installment focuses on the critical importance of correctly classifying the members of your independent workforce. In the past, the onus was on independent contractors to make sure they were set up correctly, paying the right taxes – the IRS would audit them directly. That has…
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As the independent workforce continues to grow, so do the issues of worker compliance and misclassification. It is important for enterprises to remain informed about the latest laws, regulations, and developments surrounding these topics. Each month, we’ll bring you the latest news stories from around the web. Commissioner of Federal Trade Commission (FTC) Argues Misclassification…
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Over 72 million Americans worked independently in 2023. As more enterprises turn to the independent workforce for staffing flexibility, in-demand skills, and cost savings, direct sourcing is steadily evolving as the leading way to engage this group of talent. Direct sourcing gives enterprises access to a pool of vetted talent, saves time and costs, increases…
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The future. It’s always out on the horizon. How will things look in 5, 10, 20 years? And how can we prepare ourselves today for the most likely scenario? The” future of work” has become a buzz phrase. What does it actually mean? The world of work has always shifted and changed in response to…
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Direct sourcing—the process by which a company leverages independent contractors—has seen rapid advancement in recent years. As the market shifts to increased use of independent talent, direct sourcing will become even more important to enterprises that want to optimize their workforces The Evolution of Direct Sourcing Basic direct sourcing can take the form of finding…
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GUIDE | 10 MIN READ
As the project-based economy continues to evolve, proper management of independent contractor talent will prove to be critical.
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Digital content creators are a unique group of independent professionals. Combining interesting content with technical prowess, they have become an integral part of the digital environment. Primarily monetizing their businesses through a mix of advertising revenue, sponsorships, subscriptions, and product sales, creators in the US now number around 8 million people. According to our research,…
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The use of direct sourcing to leverage independent workers from an internally developed pool of talent has rapidly grown in the past few years. As of early 2023, nearly 80% of large organizations either have a direct sourcing program in place or expect to explore the approach within the next two years. Finding the ideal…
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When engaging independent workers, enterprises have options when considering their level of compliance ranging from light compliance which is open to risk to enterprise-grade or enterprise-appropriate compliance. Determining which to use depends on how you intend to integrate independent talent into your workforce mix. There are currently nearly 72.1 million people working independently in the…
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As the independent workforce continues to grow, so do the issues of worker compliance and misclassification. It is important for enterprises to remain informed about the latest laws, regulations, and developments surrounding these topics. Each month, we’ll bring you the latest news stories from around the web. U.S. Department of Labor Announces New Worker Classification…
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