Access in-depth guides on workforce management
Independent contractors are playing a vital role in the workforce strategies of modern organizations. In order for this talent pool to give your company a competitive advantage and help accelerate innovation, it’s first important to understand and mitigate the risks of independent contractor engagement. Worker misclassification is one of the biggest risks of integrating independent talent into your workforce.
GATE
9 MIN
Hiring offshore workers can provide many benefits for U.S. enterprises. For example, offshore workers can bring invaluable expertise, help reduce costs, and enable businesses to reach broader audiences across various countries and regions.
However, the unknowns associated with international compliance when hiring or engaging offshore workers can cause anxiety and resistance. Understanding the factors involved in hiring offshore workers is crucial to overcoming these challenges.
Here are five key best practices to help your enterprise navigate the process of hiring or engaging offshore workers compliantly.
GATE
10 MIN
The demand for independent professional talent is continuing to grow year over year—72.7 million Americans work independently according to our latest research. As a result, businesses are actively seeking ways to find, engage, and retain relationships with these professionals. At the same time, they must also evaluate their contingent workforce management programs holistically to ensure they are truly meeting their core objectives. These include reducing the amount of time enterprise managers spend on oversight, streamlining processes, minimizing misclassification risks, lowering costs, and enhancing independent contractor satisfaction.
GATE
Not all independent contractor engagement practices—new or legacy—are created equal. Some businesses, in fact, are pursuing or holding onto independent contractor programs that increase the risk of misclassification or alienating valuable independent talent. It’s critical for today’s business leaders to pursue engagement solutions that not only mitigate compliance risks but also improve program adoption and independent talent re-engagement.
Independent workers range from highly experienced professional services providers to more commoditized temporary workers. As shown in Figure 1 below, they often range significantly in terms of their compliance status.
Figure 1 shows the spectrum across which the typical independent worker may comply with federal and state rules for worker classification.
8 MIN
Get expert tips on growing a small business
Many factors can influence your decision to grow your business, including regulatory changes or financial constraints that impact the timing of expansion. And there are many ways to grow: working with others as a team, hiring other consultants or part-time workers, or finding new work for yourself. In our guide, we’ll walk you through the key considerations on how to help you grow your business effectively. Find out how to figure out if it’s the right time to grow your business and what you should keep in mind when crafting a growth strategy.
8 MIN
Once you secure your first consulting project, there are a few things to consider to ensure your success. This guide will walk you through how to execute your project successfully, collaborate effectively with your client, and build a strong relationship that positions you for future business opportunities.
GATE
15 MIN
Knowing how to deliver a stellar presentation is crucial in any role, especially when you own your own business and are pitching or presenting information to a client. Organizing your content and supporting it with visuals can greatly enhance your audience’s understanding of the topic. Additionally, being a good presenter can impress your clients and establish you as a subject matter expert in your field.
GATE
10 MIN
Read our latest research on the independent workforce
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From talent access to contingent workforce management, 700+ global companies trust MBO Partners to navigate the future of work.
