Workforce Engagement

happy consultants

5 Tips for Hiring Independent Contractors

By MBO Partners

Engaging an independent contractor is a very different process from hiring a full-time employee. In general, full-time employees are the best option for ongoing business needs that are a core competency of your company. Independent contractors, on the other hand, offer flexible options for project-based work, or when you need to bring on specialized expertise…

Read More...

How to Unlock Efficiency with Direct Sourcing

By MBO Partners

Direct sourcing is a part of talent acquisition for many modern enterprises—our research found that as of early 2023, nearly 80% of large organizations either had a direct sourcing program in place or expected to explore the approach within the next two years. Direct sourcing involves sourcing independent contractor talent using internal resources rather than…

Read More...

Artificial Intelligence for Contingent Labor: Benefits and Challenges

By MBO Partners

Artificial intelligence (AI) can have a significant impact on companies that use independent contractor talent—from finding and sourcing contractors to engaging and onboarding them. AI tools can effectively source prospective independents, assess them without bias, and onboard them efficiently. With more companies drawing on contingent labor to build optimized or blended workforces, AI tools can be…

Read More...
consultant paperwork

Compliance Risk Assessment Tool for Independent Workforce Engagement

By MBO Partners

Because there is risk associated with hiring independent contractors, preparation is key. 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 misclassification occurs, it…

Read More...

How to Integrate Independent Contractors into Your Business in 2024

By MBO Partners

Independent contractors are the solution for many organizations when faced with disruption, competition, and labor and skill shortages. The average company reports that contingent labor makes up 28% of their workforce, and this proportion is expected to grow to 38% by the end of 2027. As this sector of the workforce increases, it is worth…

Read More...
consultant

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.

Read More...

How to Achieve Corporate Agility by Leveraging Independent Talent

By MBO Partners

Enterprises today are increasingly using workforces composed of full-time, independent, and offshore talent. By shifting to project-based workflows that align with this mix of talent, companies can be more flexible in creative in how work gets done. Many have transitioned to remote work, or partially remote work as a new way of operating. To remain…

Read More...

5 Essential Team Management Skills for 2024 and Beyond

By MBO Partners

Effective team management is a vital element of success in the future of work. As temporary teams take the place of the soon-to-be-outdated long-term team model, managers must be able to rally members around specific goals and provide the support and guidance needed to reach the desired outcome—and then rinse and repeat with new members…

Read More...

Contractor Engagement Strategies for the New Year

By MBO Partners

Organizations of all sizes are increasing their use of independent workers to maximize workforce agility and flexibility. The average company reports that contingent labor makes up 28% of their workforce and this proportion is expected to grow to 38% by the end of 2027. Independent work is becoming more popular and accessible, giving enterprises access…

Read More...

3 Ways to Make Direct Sourcing Part of Your Workforce Management Strategy

By MBO Partners

Direct sourcing is a way to connect directly with independent contractors and engage them for project-based work. Rather than using a third-party service like a staffing or consulting firm to find talent, companies can source talent internally using their own resources. This approach helps to save time, money, and resources while often resulting in sourcing…

Read More...