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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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Companies today are settling into new ways of managing their workforce. Many are relying more heavily on contingent workers, a pool of talent that has the flexibility and skillsets needed to fill key functions quickly and efficiently. Independent professionals are a growing group of talent, and their skills are in high demand. In order to…
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A well-rounded workforce today often includes a population of independent talent. Independent contractors offer numerous benefits such as helping companies minimize employment costs through staffing flexibility. Rather than adding to company payroll by hiring an employee, enterprise managers can engage an independent contractor who can bring a specific set of skills to a project. However,…
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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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When you set up a direct sourcing program, it is important to have buy-in from all relevant parts of your organization in order to ensure that the program and processes are followed. Direct sourcing can have a positive impact on your organization as it allows enterprise managers to source talent internally using their own resources…
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When you engage independent workers, it is critical to have an independent workforce management strategy so that your program can be effective and successful. Whether you work with independent contractors, freelancers or consultants, contingent workers must be engaged and managed differently than traditional employees. There is a distinct level of compliance risk associated with this…
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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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