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5 Reasons Contract Labor Thrives in Tough Economies 

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…

How nearshoring saves up to 70% in Workforce costs. myBasePay Blog
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How Nearshoring Saves Up to 70% in Workforce Costs?

Nearshoring: A Strategic Talent Solution Nearshore outsourcing has become a hot topic, offering companies a way to access top talent at a competitive cost. It’s more than just a passing trend; nearshoring is transforming the contingent workforce and attracting significant attention from companies of all sizes. The Numbers Tell the Story Latin America is currently…

Managed Service Providers: How the Traditional Supply-Base Model Has Evolved

Managed Service Providers: How the Traditional Supply-Base Model Has Evolved

It used to be that when a company needed additional talent to get a job done, they generally had two options: hire a new employee, or outsource the work to another company. The idea of using contingent talent (also known as freelancers) was practically a foreign concept. Yet nowadays, the traditional supply-base model for matching…

4 Reasons to Strongly Consider Hybrid Resourcing for Your Business

4 Reasons to Strongly Consider Hybrid Resourcing for Your Business

The world of work has undergone a dramatic transformation in the last few years. The COVID-19 pandemic and “Great Resignation” have caused millions of individuals to switch to new employers, leave the workforce entirely, or become independent contractors.  In fact, Americans For Prosperity reports that 36 percent of American workers freelance. This large, diverse group…

What Does It Mean to Be ‘Freelancer First,’ Exactly?
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What Does It Mean to Be ‘Freelancer First,’ Exactly?

With the number of freelancers in the United States alone expected to exceed 90 million by 2028, it should come as no surprise that countless platforms have arisen online to connect freelancers with clients. While many of these platforms have been able to do just that, not all of them have done so with a…

What Will the Future of Freelancing Look Like?
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What Will the Future of Freelancing Look Like?

Over the past two years, the labor market has experienced monumental shifts. Yet, one constant remains: freelancing. Prior to the early stages of the COVID-19 pandemic, a mere 12% of the U.S. workforce was freelancing. Now, as we near the end of 2022, freelance workers have contributed $1.3 trillion to the economy, and nearly 40%…

Can the Freelance Marketplace and Traditional Recruiters Coexist?
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Can the Freelance Marketplace and Traditional Recruiters Coexist?

The recruiting industry has long been primarily focused on matching workers to companies for temporary or full-time in-office employment. Generally speaking, the idea was that the company had a specific position that it needed filled, and recruiters did the heavy lifting of finding someone to fill it. Nowadays, however, recruiting isn’t so simple. The rise…

For Freelance Platforms, Which Matters Most: Better Talent or More Members?
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For Freelance Platforms, Which Matters Most: Better Talent or More Members?

These days, it seems that businesses have more resources available than ever to hire freelancers. Platforms like Upwork and Fiverr claim to offer access to millions of freelancers that organizations can use for a wide range of projects. But one challenge remains consistent, even as companies become more comfortable with the idea of hiring contingent…

5 Proven Talent Retention Strategies for Hybrid Workforces
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5 Proven Talent Retention Strategies for Hybrid Workforces

In the wake of the Great Resignation, talent retention has become a more important priority for staffing agencies and other business owners than ever before. 2021 saw a record-breaking 47.8 million workers quit their jobs in search of greener pastures. At the same time, increased interest in remote work has led many businesses to adopt…

Today: How Your Company Can Flourish In the Working World of ‘Tomorrow’

Today: How Your Company Can Flourish In the Working World of ‘Tomorrow’

While no one can fully predict what the future may hold, there is no ignoring the signs of the times. The working world is changing rapidly. Freelancers are expected to become the majority of the U.S. workforce by 2027. As of January 2022, 59 percent of workers who had jobs that could be performed remotely…