Use of Contract Labor by Sole Proprietors Surging
Small Business Labs
NOVEMBER 23, 2015
While looking through the data we were struck by the extent of the growth in the usage of contract labor - contingent workers such as freelancers, independent contractors, temps, etc. - by sole proprietors. As the chart below shows, sole proprietor contract labor expenses increased 38% between 2010 and 2013. Over the same period salary and wage expense increased only 10.7%.