Everything You Need to Know: The Pros and Cons of Becoming an Independent Contractor

Everything You Need to Know: The Pros and Cons of Becoming an Independent Contractor

ByAmanda Cole

Up to 32 percent of the current workforce are independent contractors, and this rate has been steadily rising for years. When you consider diversified workers, those who mix traditional and independent employment status, it includes over half of all current working Americans. This surge can be attributed to the rise of remote work in the…

myBasePay Raises $60M In Private Equity Round

myBasePay Raises $60M In Private Equity Round

ByAmanda Cole

myBasePay just closed a $60 million funding round to help enterprises, suppliers, and contingent workers thrive.  As advocates for contingent workers worldwide, this is a huge win for our team. With this funding, we’ll be able to provide better resources and tools to enhance the overall lifecycle of contingent workers.  This also solidifies our position…

shark tank gige conference

How MyBasePay Will Get the ‘Shark Tank Treatment’ at the 2021 Collaboration In the Gig Economy Conference

ByAmanda Cole

There is something special about making face-to-face connections at conferences and conventions in the B2B world. While such events have been kept on hold for a while due to the coronavirus pandemic, things are starting to change — and MyBasePay is getting right into the action. We’re excited to attend the upcoming Collaboration in the…

Tried and True: 5 Things You MUST Know When Starting Your Own Staffing Agency

Tried and True: 5 Things You MUST Know When Starting Your Own Staffing Agency

ByAmanda Cole

It’s estimated that 70 percent of staffing startups fail. While that is a grim-sounding number, there are still over 25,000 independent agencies in the United States alone. A competitive industry with a highly saturated market may seem like an easy source of blame for the high startup failure rate, but this only scratches the surface….

Why On-Demand and Independent Workers Make for a More Agile Workforce (and Why It Matters)
|

Why On-Demand and Independent Workers Make for a More Agile Workforce (and Why It Matters)

ByAmanda Cole

For years, the idea of the workforce was that individuals would dedicate their entire career to the same organization. They would work for the same company for decades, rising through the ranks before collecting their 401k and possibly even a pension when the time came to retire. Nowadays, hiring managers need to take everything they…

Employer of Record: What It Is, Why It Matters and How You Stand to Benefit (If You Do Things Right)

Employer of Record: What It Is, Why It Matters and How You Stand to Benefit (If You Do Things Right)

ByAmanda Cole

Today’s hiring world is more complicated than ever. Companies are no longer merely dealing with full-time and part-time workers. Many now utilize freelancers and independent contractors from across the country — and sometimes, from the other side of the globe.    Navigating employee classifications and associated responsibilities with onboarding, insurance requirements, and benefits can create a…