Workforce Engagement

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6 Best Practices for Creating a Virtual Talent Bench

By MBO Partners

A virtual talent bench—a group of independent talent who have already performed all onboarding steps prior to a role being offered—can help organizations remain flexible and competitive. Establishing a group of reliable talent allows for simplified, rapid deployment, minimizes the risk of worker misclassification, and helps attracts top talent with the prospect of getting to…

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Entrepreneur

How to Streamline Onboarding Independent Talent

By MBO Partners

There are many dynamics at play when it comes to managing the lifecycle of independent talent. This lifecycle can best be described by three phases: Acquisition, Enablement, and Management. In my last post, I focused on the acquisition phase of the lifecycle, and today we will dive into the next element: enablement. Using the financial capital parallel, enablement is the second…

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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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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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successful consultant

5 Easy Ways to Improve Contingent Workforce Program Adoption Now

By MBO Partners

At the last company I worked with, I was responsible for hiring freelance writers, editors, designers and, well, all things marketing related. I searched job boards and marketplaces to find the right talent, at the right cost, for the projects I had on the docket for the year. Then, I had to appeal to finance…

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How to Win the Great Realization: Adding Contingent Workers to Your Workforce Strategy

By MBO Partners

There has never been a better—or easier—time to engage contingent workers. More than 64.4 million Americans are now working as independents. That number is up 69% from 2020, and it makes sense. People who work independently report being happier, healthier, and wealthier than their traditionally-employed counterparts. What’s more, some 68% say they’re more financially secure…

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cyber security

Should Your Independent Contractors Have Cyber Insurance?

By MBO Partners

Cyber insurance helps protect your company from costly data breaches not covered by general or professional liability insurance. Learn the benefits of cyber insurance, what it protects, and why you should consider it if your company engages independent contractors.

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How to Increase Direct Sourcing Program Adoptio

From Great Resignation to Great Realization: Independent Work Numbers Surge in the Wake of COVID-19

By MBO Partners

In 2021, the number of independent workers grew to 51.1 million, up 34% from 2020. Welcome to the Great Realization.  Let’s face it, times are changing and the American workforce is rampantly becoming less and less like what you see in old 80’s and 90’s movies. You know, the ones where people drudge themselves to…

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5 Ways Client Testimonials Help Market Your Business

The Impact of Women in the Independent Workforce

By MBO Partners

Historically, pursuing a career as an independent professional has been a big draw for women. In 2018, nearly 20 million—47%—of independent workers were women. Working independently provides the flexibility to work your own hours, pursue projects you’re passionate about, and freedom to learn new skills, all of which are big draws for women. But the…

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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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