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Workforce Trends
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MBO’s Annual State of Independence in America Report, a yearly pulse check of the independent workforce as a part of the future of work, reveals a vast workforce whose shape and focus are constantly changing. Over 12 years of researching this labor segment, we have seen enabling factors building toward a solid support structure for…
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Digital nomadism, the “have internet, will travel” work style that was once only a dream for many people, is becoming part of the mainstream. Our research has revealed that the population of American workers self-describing as digital nomads has steadily risen, from 7.3 million in 2019 to a whopping 16.9 million in 2022. This is…
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The ancient Romans taught us that “repetition is the mother of learning.” They knew the best way to learn was to hear, read, or do something over and over again. Everyone understands that practice is necessary to learn a sport, an instrument, a language, or a skill. Without repetition, a person is bound to be…
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The US is one of the most rapidly changing labor markets – and unless you are actively hunting for a new job, you may not know much about it. Although we now live in a world where information is instantly available, we can sometimes miss the overall trends because we are constantly being informed of…
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Open innovation, or the use of external participants to help a company solve core problems, or challenges, has grown in popularity in recent years. While organizations do not specifically rely on one generation or another to solve challenges when using open innovation, often also referred to as “crowdsourcing,” platforms supporting this type of work most…
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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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Modern workforces are fueled by contingent labor. The COVID-19 health crisis and surrounding economic uncertainties lit the match thrown into enterprises desperate for optimized business models. Companies plan to increase this sector to gain relevant skillsets and diverse mindsets to keep in step with an ever-changing pivot away from corporate stability to labor agility. In…
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More workers than ever before are choosing to work remotely. Millions of these workers are independent contractors who describe themselves as digital nomads: workers who have chosen to embrace a location-independent, technology-enabled lifestyle that enables them to travel and work remotely, anywhere in the world. The ability to work remotely is certainly one of the…
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Direct sourcing is a way to connect directly with independent contractors. Rather than using an expensive third party like a staffing or consulting firm to find talent, companies can source talent internally using their own resources. If your organization is looking to incorporate a direct sourcing strategy to engage independent talent, here are three steps…
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As the independent workforce continues to grow, so do the issues of worker compliance and misclassification. It is important for enterprises to remain informed about the latest laws, regulations, and developments surrounding these topics. 2021 was a fascinating year for independent contractor compliance. Here’s a look at some top stories. 1. Trump DOL announced new…
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