It is becoming increasingly clear that the talent shortage we experienced prior to the recession is back. A recent report from Staffing Industry Analysts reports that there was a 16% increase in contingent workforce staffing in 2012 – with a 30% increase in the use of independent contractors.
I recently found myself in front of the TV unable to turn off King Kong. Not the jittery original version or the tedious high-tech bust from a few years ago, but that semi-appealing 70s melodrama that spawned a generation of cheesy pajamas, lunchboxes, and Halloween costumes.
Jay Lash, VP of Market Strategies at MBO, recently asked me what my big “takeaway” was from the conferences, dinners, and meetings I attended in the summer of 2013. After speaking with leaders in the business community, self-employed workers and the heads of Federal agencies, I saw that there was more going on than what could be expressed in one sound bite.
In case you haven’t seen it, MBO Partners released the third annual State of Independence in America workforce research report. The report contains a wealth of information about this important, and growing, segment of the workforce. You can view the report and associated infographics here.
I have been attending SIA conferences for as long as they’ve existed. I can say that in 2013, new ground was broken spreading awareness of the significant shifts in the staffing industry. With more interaction between the experienced professionals and the new faces in the industry, this year’s conference created a perfect atmosphere for the exchange of new ideas.
The Enterprise Solutions Team at MBO Partners is invested in the Staffing Industry – we devote time, money and energy into establishing our expertise in the field. Many consultants tell us that in order to take on an assignment at one of their clients, they have to go through a staffing firm or a Managed Services Provider.
In mid-August, Las Vegas will welcome the foremost experts in American start-ups, business research, and investing to a conference set to turn conventional workforce ideas upside-down – and you better believe MBO will be there.
The standards for determining whether an individual is an Employee or an Independent Contractor differ between Federal agencies, such as the Department of Labor and the IRS, and also in numerous states pursuant to their laws. The various federal agencies and states each have different reasons for the determination.