Risk Mitigation

consultants working in office

Should I Hire a Contractor or Employee? 6 Questions to Ask

By MBO Partners

By engaging independent contractors, organizations can realize many benefits—from significant financial savings and staffing flexibility, to access to specialized skills and expertise. Independent talent can be a great way to test out new services, lay the foundation for a new business unit, or implement a new technology system. But in order to avoid risk, ensure…

Read More...
group of professional consultants working in office

Hiring 1099 vs W-2 Employee: Pros and Cons

By MBO Partners

The differences between 1099 and W-2 tax forms, and considerations to take into account when making hiring decisions for your organization.

Read More...
people talking at desk in office

What Does Independent Contractor Compliance Mean?

By MBO Partners

When engaging independent contractors, businesses must abide by laws and regulations specific to these workers. Learn the importance of independent contractor compliance, and how to minimize risk for your company.

Read More...
consultants working in office

15 Best Practices for Classifying Workers and Avoiding an Audit

By MBO Partners

Misclassifying employees as independent contractors may often seem like a far-off concept—something that only happens to very large companies that you read about in the news. After all, does the government really care about the details of how a small business engages freelance writers for website copy? The truth is, because audits are private, you…

Read More...
professional consultants in group working at desk

How to Avoid Independent Contractor Reclassification

By MBO Partners

Follow these best practices for managing your independent contractor workforce to avoid costly reclassification issues.

Read More...
men looking at document

Four Ways to Minimize Worker Misclassification

By MBO Partners

Worker misclassification will always be an inherent risk when engaging independent contractors. Businesses today must decide how to handle differing worker classification laws from federal, state, and local government agencies. Because laws and regulations that dictate worker classification and use of independent contractors are ambiguous and frequently change, legal compliance is challenging. That said, companies…

Read More...
consultants working in office

9 Signs of Increased Employee Misclassification Risk

By MBO Partners

Is your company aware of the risks that independent contractor misclassification can pose? Find out what exactly they are and how to avoid them.

Read More...
consultants working in office

What Causes Independent Contractor Engagement Risk?

By MBO Partners

Realize the competitive advantage of making independent talent part of your workforce strategy by creating a compliance program that manages legal risk and brings top talent to your doorstep.

Read More...
woman making presentation

3 Reasons to Use a Written Contract for Consultants

By MBO Partners

Why Should You Use a Written Contract When Engaging Independent Talent? If your business decides to engage the services of an independent contractor, it can be tempting to review the work you need done, come to an understanding, and get started as quickly as possible. However, oral agreements can be dangerous and lead to legal…

Read More...
consultant contract and pen

How to Write an RFP for Consulting Services: 7 Tips

By MBO Partners

Requests for Proposal (RFP) and contracts are vital communication tools when it comes to finding and engaging top independent professional talent. Often, these documents are created as standardized templates that have already been approved by key stakeholders such as legal, compliance, procurement, or human resources. As a result, they may serve your internal requirements but…

Read More...