The way we work has changed. What once seemed like temporary adjustments, remote work, flexible schedules, global teams, has now become the standard for many companies. But is this change here to stay, or are we simply in a transition phase toward the next big workplace norm? At myBasePay, we’ve seen firsthand how businesses are…
Companies are no longer confined by geography when building their teams. As technology advances and workforce expectations shift, businesses are embracing distributed models to tap into global talent and drive innovation. This change isn’t just about remote work, it’s about becoming a truly global organization with the ability to compete at an international level. At…
As businesses face rapid market changes and increasing competition, the ability to reinvent and adapt has become crucial. A flexible global talent strategy is central to this transformation, enabling organizations to meet short and long-term objectives through a dynamic workforce. Here’s how MyBasePay is helping redefine the approach to global talent management. Understanding the Role…
Understanding and Preparing for the Shift In an era where technology continuously reshapes how we work, AI stands out as a particularly transformative tool. Many HR teams are enthusiastic about the potential of AI to streamline operations and enhance efficiency. However, the rush to adopt this technology can often outpace the actual readiness to implement…
The workplace is on the cusp of a technological revolution, with artificial intelligence (AI) and automation leading the charge. These innovations are not just trends; they’re becoming essential tools for businesses looking to optimize workforce planning, enhance decision-making, and stay competitive in a rapidly evolving market. The Power of AI and Automation in Workforce Optimization …
An employer of record (EOR) plays a valuable role in today’s hiring environment. By serving as the designated employer for contingent workers, the EOR assumes the liabilities and responsibilities of employment, including payroll processing, tax withholding, benefits administration and more. As the contingent workforce continues to grow and companies increasingly rely on a globally diverse…
When addressing your organization’s hiring needs, two of the most common options are an MSP (managed service provider) and EOR (employer of record). Of the 5 trillion global gig workforce, around 70% consists of independent contractors (IC) and digital workforce management, while direct sourcing and SOW account for 20%. Less than 2% of global…
In today’s business environment, contingent workers have become an essential part of many companies’ workforces. In fact, a survey by Staffing Industry Analysts found that 65% of companies planned to increase their use of contingent workers in 2024 and 2025 — and that 80% already used contingent workers in some capacity. Despite the increased usage…
To say that 2024’s labor market has been turbulent feels like an understatement. From turmoil on Wall Street and the uncertainty that always surrounds a presidential election year to the headline-grabbing layoffs in tech, it is understandable for there to be concern surrounding the economy and the state of labor in general. Despite the year’s…
Contracts are an essential part of every business. These legally binding agreements influence everything from which service providers you use to how you deliver your own products or services to your own clients. Contracts may be important with clients and suppliers, but they are even more crucial for your workforce, particularly if you use many…
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