Small Business Labs

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HBR on Why Companies Need Digital Nomad Programs and Policies

Small Business Labs

The second reason is that having digital nomads on the payroll can leave firms open to a variety of regulatory and legal risks. firms have digital nomads on their payroll, whether they know it or not. " As the digital nomad study chart below shows (click to enlarge), 10.9 million workers report being digital nomads. 

Policies 149
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The Stimulus Programs Gig Workers and Freelancers Qualify For

Small Business Labs

The Paycheck Protection Program is designed to provide a direct incentive for small businesses to keep their workers on payroll by providing each small business a loan up to $10 million for payroll and certain other expenses.  Up to 100 percent of the loan is forgivable.

Payroll 152
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U.S. Census Pulse Survey Finds Small Businesses Getting Slammed

Small Business Labs

of small businesses applied for loans from the Payroll Protection Program (PPP).  Healthcare and social assistance - 70%. Retail trade - 53%. Transportation and warehousing - 52%. The data also shows that 74.9%   However, only about half (38%) received funding from the program. 

Payroll 187
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MBO Partners 10 Future of Work Predictions for 2021

Small Business Labs

With the advent of new work platforms that enable real-time teaming between independents, we’re predicting a rise in the virtual, just-in-time organization – where talented individuals come together to deliver work and then disband until the next project arrangement.

2021 199
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Fiverr Buys And Co; ADP Buys Work Market; Expect More Gig Economy Acquisitions

Small Business Labs

Also last week payroll giant  ADP announced they were acquiring WorkMarket.    ADP manages the payrolling process for about 1 out of every 6 American employees. Expect to see more acquisitions and partnership announcements from Fiverr in the near future.

Payroll 155
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The Rise of Career Nomadism

Small Business Labs

For an increasing number of workers, it’s not simply a matter of having a traditional payroll job or working independently.  .  Work is becoming more team and project-oriented, and the barriers separating traditional and independent work continue to erode.

Payroll 130
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Paycheck Protection Program Loans Now Available for Independent Workers

Small Business Labs

  The loans allow independent workers to access to up to $10,000 in forgivable loans to cover payroll or wages they pay themselves over the eight weeks following the signing date. Starting today, April 10th, independent workers (self-employed, freelancers, independent contractors, etc.)