Freelancing

Uber CEO Eyes ‘Portable Benefits’ For Drivers 

Uber X from the backseat

  PYMNTS.com reports that Uber is considering offering portable benefits to its drivers: Uber’s CEO revealed that the company is looking into offering its drivers health insurance and other benefits through a “portable” system that would cover contractors from job to job. “For the first time, I think we are now listening to our drivers, and we…

Senator Warren, Give Freelancers A Voice In The Accountable Capitalism Act

Senator Elizabeth Warren

  From Forbes, Jon Younger makes an argument that freelancers should be given a seat at the table if/when corporate boards are required to provide for employee representations. Jon writes: Whether you are for or against Senator Elizabeth Warren’s new bill, the “Accountable Capitalism Act,” it includes an interesting proposal.  Taking a page from the European workers’ movement…

Independent workforce continues to grow, generating $1.3T in revenue 

independent workers economic contribution

  From HRDive, Valerie Bolden-Barrett discusses the recent report from MBO Partners that shows independent workers contributed $1.3 trillion to the economy in 2017. Valerie writes: Independent workers, also known as contingent or gig workers, have garnered a great deal of attention as of late. Some reports predicted that independent workers will outnumber those in traditional jobs by…

New Data: Six-Figure Freelancing Is On The Rise

More High earning independents

  From Forbes, Elaine Pofeldt discusses the increase in the number of independent workers earning more than $100,000 reported in MBO Partners State of Independence in America.  Elaine writes: A growing number of free agents are bringing in six-figure revenue, according to new research by MBO Partners, which studies the independent workforce. There were 3.3…

Are independent contractors a smaller percentage of workers? BLS data in context

staffing industry analysts logo

  Staffing Industry Analysts (SIA) provides excellent comments about the Bureau of Labor Statistics’ (BLS) recent data that shows that 6.9% of the workforce were independent contractors. In 2014, Justin Fox reviewed the challenges of the various of measuring the independent workforce in Where Are All the Self-Employed Workers? including the challenge of multiple definitions for what it…

1 In 10 Workers Is An Independent Contractor, Labor Department Says 

Man with laptop coffee shop outside

  From NPR, Yuki Noguchi reports on recent U.S. Department of Labor statistics on independent workers. Yuki writes: For years, various reports have indicated that the contract workforce is growing rapidly in the U.S. On Thursday, the Labor Department poured a bucket of cold water on that notion. It released a report showing contract workers make up a slightly…

What is professional indemnity insurance?

business insurance and chart

  SCMS (Skillbase Contractor Management Services Ltd) offers an overview of professional indemnity insurance (sometimes called professional liability insurance or errors and omissions insurance). Independent contractors should carry professional liability insurance for several reasons: it shows that they are truly an independent business and it protects their assets and their clients in the event of a…

U.S. Contractor Abroad Tax Guide

From Taxes for Expats, Ines Zemelman has created a guide for contractors working abroad.  They provide helpful adivce such as the following: 1.   CAN CONTRACTORS UTILIZE THE FOREIGN EARNED INCOME EXCLUSION (FEIE) TO EXCLUDE UP TO $100K OF INCOME? Yes – contractors can certainly qualify for the Foreign Earned Income Exclusion (FEIE). However, in general, the nature…