Workforce Strategy

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6 Ways Millennial and Gen Z Talent are Changing the Independent Workforce

By MBO Partners

Millennials and Gen Z now outnumber the combined ranks of Baby Boomers and Generation X, making up 51 percent of the independent workforce. Independents fill an important need for organizations today, providing much-needed skills, flexibility, and agility.     At the same time, these two generations have found a welcome place in the independent workforce. They can…

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virtual talent

3 Benefits of Creating a Virtual Talent Bench

By MBO Partners

A virtual talent bench allows companies to dynamically respond to ever-changing business needs. In order to remain agile and competitive in today’s fast-changing world of business, enterprises increasingly need easy access to skill-based workers.   For many, this means reshaping the conventional idea of a workforce into one that is composed of both full-time and independent…

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Contingent Workforce Management: What You Need to Know

By MBO Partners

Finding, engaging, and retaining skilled talent can be difficult in today’s work environment. There are many more job openings available than job seekers so where can companies find the people they need?  We believe the answer is self-employed professionals, a population that brings highly specialized services to the workforce. The number of self-employed individuals is…

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De-Risk with Confidence: 3 Ways to Reduce Misclassification Risk

By MBO Partners

Your ability to achieve workforce optimization is only as good as your staff’s abilities and bandwidth. When specific project needs arise—that may be highly technical or involve in-demand skills not found in your FTE population—partner with trusted, compliant, and vetted independent talent.  In order to effectively source independent talent end-to-end, it is important to establish…

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10 Myths about Hiring Independent Contractors

By MBO Partners

Deciding to hire independent contractors can raise a lot of questions—especially if this is new territory for your company. There are many common misconceptions about the independent workforce, a 51-million strong talent pool.  One important distinction to note is that independent professionals don’t just make up the on-demand economy. Rather, this segment of the independent…

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misclassification audit

Tech Layoffs Shed Light on Need for Workforce Optimization

By Leslie Hernandez

Recent increase in tech layoffs and hiring freezes paint an interesting—yet somewhat inaccurate—picture of the current workforce environment. High-profile companies including Netflix, MasterClass, Tesla, Twitter and more have slowed down hiring and laid off thousands of employees due to fears of a recession, rising inflation, tightening of budgets, and big swings in the crypto currency market, among…

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4 Ways to Build Long Term Relationships with Contingent Workers

By MBO Partners

Building long-term relationships with contingent workers is a key component of a long-term workforce optimization strategy. The COVID-19 pandemic has caused many changes and adaptations to the way we work. Many organizations are allowing for remote working arrangements and as reopening continues, companies are adjusting how they manage their workforces moving forward. Companies that already…

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5 Benefits of Project Based Hiring

By MBO Partners

The modern business model is changing as the job market remains competitive. It is increasingly difficult for enterprises to fill open positions and find skilled talent. As a result, many companies are turning towards project-based staffing to remain agile and competitive.  What is Project-Based Hiring?  Project-based hiring is when a company engages independent contractors for…

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4 Contingent Workforce Engagement Strategies

By MBO Partners

When enterprises engage independent contractors, they can choose to implement a variety of strategies ranging from highly restrictive engagement processes to full engagement. How enterprises choose to engage independent workers can impact the willingness or preference of contractors to work with them. Over the past several years, the independent contractor-client relationship has seen some dramatic…

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8 Ways Direct Sourcing Reduces Staffing Costs

By MBO Partners

Direct sourcing helps companies easily access and seamlessly connect with top independent talent while significantly reducing costs. With direct sourcing, managers can source talent internally, rather than relying on a third-party gate-keeper or intermediary such as a consulting or staffing company to fill talent needs. At MBO, we believe direct sourcing is key to the…

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