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Workforce Trends
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The future of work is far from set. New models are nascent as the business landscape changes. Players in some industries (for example, the federal space) have consolidated, while other industries are achieving significant growth through acquisition (e.g., healthcare, technology) and new entrants (e.g., technology). We don’t know yet how these actions will ultimately affect…
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The modern independent workforce runs businesses from anywhere in the world, increasingly works together in teams, and finds new projects using online marketplaces. These workers are finding their place in America’s larger workforce, bringing skilled expertise to fill critical job openings while enjoying the flexibility and lifestyle independent work offers. Enterprises are increasingly recognizing the…
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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. 2022 was a fascinating year for independent contractor compliance. Here’s a look at some top stories. 1. U.S. Department of Labor…
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When incorporating independent talent into your workforce, there are many steps involved. Enterprise managers must find the right talent to fit their needs. Those independent contractors must be engaged in a legally compliant manner. It’s important to manage working with independent professionals in a way that helps your business achieve its goals. By understanding this…
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Open innovation can help companies solve problems that would otherwise remain left behind by any department. Whether implemented at a large or small company, crowdsourcing can help thrust productivity forward. It is important to use problem-solvers who are naturally curious, confident lifelong learners. After selecting problem solvers, a company can learn from the solutions provided….
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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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