Workforce Engagement

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4 Ways an American Bank Saved $13.2M through Direct Sourcing (Case Study)

By MBO Partners

CASE STUDY Vertical: Financial Services | Type: Workforce Management Organizations that engage independent professionals as part of their workforce are increasingly doing so via direct sourcing. By identifying candidates for available opportunities using internal resources rather than relying on a third-party intermediary, enterprises can avoid costly markups and get talent to work faster. As great…

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Entrepreneur

Contingent Workforce Engagement: 3 Barriers to Success

By MBO Partners

Independent contractors provide businesses today with needed skills, specialized expertise, and on-demand talent. Building a centralized program that is designed to manage the engagement and compliance processes for independent contractors is an important part of incorporating contingent workers. An independent contractor engagement program helps minimize a company’s exposure to misclassification liability, and provides processes for…

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3 Workforce Planning Strategies to Scale Hiring

By MBO Partners

Developing a workforce planning model is an important part of building a high-functioning blended workforce. In today’s fast-moving, technology-driven world, a strategic workforce composed of both contingent and full-time talent is key to remaining both competitive and productive. This type of flexible workforce lets you respond quickly to project demands, meet budget constraints, and stay…

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consultant

6 Benefits of Implementing a Direct Sourcing Strategy

By MBO Partners

Direct sourcing is a viable way for companies to find qualified talent and cut costs. With unprecedented access to a pool of more than 51 million independent professionals, 61% of organizations say they expect to hire more contracting freelance or consulting workers in the next three years. However, despite these positive trends in both supply…

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Millennial consultant

How to Make Work Life Balance a Corporate Objective

By MBO Partners

As more people than ever before work remotely, work-life balance is an important corporate objective to consider. Working from home can be challenging. It can be hard to stop working at normal hours, there are distractions everywhere, and it can get lonely. Whether you are managing independent contractors who work remotely, or a group of…

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3 Trends Affecting the Next Generation FMS

By John Jantsch

The modern enterprise understands the glaring need – and associated pressures of – engaging the best independent contractor for your project. The systems by which the independent workforce is managed often referred to as a Freelancer Management System (FMS), has drastically evolved in recent years. Here are the key components that have led to this…

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How the Human Capital Market is Similar to the Financial Market

By John Dahlberg

Understanding the dynamics of the marketplace is helpful for any business seeking to develop strategies to maximize the value of independent contractors. To help describe the “human capital” market, a parallel can be drawn to financial markets and the basic elements of managing investments. Whether you’re building your personal portfolio or executing a strategic business…

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consultant

5 Contingent Workforce Market Trends

By Mark Stringer

I’ve not written any content for a while. It’s been extremely busy here and unintentionally this part of my responsibility has lapsed. Whilst I am far from a great creator of content—it always takes me longer than most to create it—I do actually quite enjoy the process. It forces me to take time and sit…

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Consultation

10 Do’s and Don’ts to Follow when Working with Independent Contractors

By MBO Partners

If you’re looking to engage a top independent contractor for your next project, there are a few tips and best practices to keep in mind. Follow these simple steps to ensure project success! DO THIS NOT THIS Develop job descriptions tailored to the independent contractor audience Market the project scope in addition to the desired…

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Presenting to decision makers

4 Ways to Increase Your Return on Investment Using Contractors

By John Dahlberg

More companies are incorporating independent contractors into their talent strategy and they do so because there is a significant return on investment for doing so. Here’s why. There are a variety of dynamics and nuances at play when it comes to managing the lifecycle of independent talent, but there three components that all investments share:…

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