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…
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…
In recent years, there’s been a significant shift in the way companies hire employees for their workforce. The traditional methods of conducting business through brick-and-mortar offices full of permanent employees are gone. Now, contractors, freelancers, consultants, and other contingent workers have experienced a rapid increase in demand. These types of workers are typically hired on…
As we enter into 2023, let’s take a moment to assess what this past year had to offer. With great advancements in technology, communication in the business world has become more diverse than ever. Organizations and employees have finally settled into the remote work model. This convenience of telecommuting has led to a rise in…
As much as 30% of the global working population is performing some kind of remote or independent work. Among these, contingent workers have become strategic pillars in various global industries, including manufacturing, automotive, logistics, and information technology fields. Several reports indicate that this trend is only expected to increase, as more companies turn to the…
As companies look for ways to stay agile in a highly-competitive and changing market, demands for contingent workforces increase each year. The year 2020 already sent shockwaves through the global workforce, affecting workplace trends, business demands, and recruitment strategies. Now, as the world attempts to recover from the pandemic and its resulting new reality, companies…
Becoming an independent contractor comes with its fair share of pros and cons. One of the biggest considerations is ensuring that you are able to negotiate favorable contracts for the work you perform for your clients. Without a fixed, full-time salary, independent contractors have greater freedom to negotiate how much they are paid — as…
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