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Blog

2019 Employment is “All Good” (Until It Isn’t)

Dec 12, 2018 1:07:06 PM

 

 

By all metrics, the projections for employment prospects in the coming New Year are excellent. Unemployment is at near-record lows. With hiring demand high and wages rising in response, hiring organizations are busily engaging practices and technologies to help increase access to in-demand talent amidst short supply of qualified candidates. Yet, at the risk of being a holiday “buzz kill,” we’re making a contrarian recommendation: be prepared for an unexpected and dramatic reversal of today’s robust labor landscape.

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Topics: Blog, Human Resources, Cost savings, Workforce Management

You’re Monitoring Minimum Wage, But What About Minimum Salary?

Nov 30, 2018 1:19:15 PM

 

Thorough workforce management professionals spend time monitoring minimum wage changes in the states and localities in which they have employees working, ensuring that pay rates for hourly wage earners (non-exempt employees) are set correctly in a VMS and for payroll purposes. Much less frequently examined are the minimum salary requirements in place for exempt (salaried) workers. Did you know that several states have weekly minimums in place for salaried employees that need to be reviewed?

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Topics: Blog, Human Resources, MSP/VMS, Compliance Services, Cost savings

Four Essential Functions to Seek When Selecting a Workforce Management Solution Provider

Nov 20, 2018 4:22:05 PM

 

There are a myriad of challenges facing organizations with respect to workforce planning in a labor environment growing more complex by the year. This is why so many small and mid-sized businesses (SMBs) are following the lead of large enterprises in engaging third-party solutions to address problems such as talent gaps, worker classification, tax filings, workers’ compensation, insurance, onboarding/off-boarding, and many others. Here are four key functions any quality solution provider must be able to address so that an organization can fully focus on core business instead of dealing with these labor-intensive and time-consuming tasks.

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Topics: Blog, Mid-market, Human Resources, MSP/VMS, EOR Services, Procurement Services, Statement of Work

Business Outlook Positive for SMBs Heading Into 2019

Nov 16, 2018 3:31:04 PM

 

The National Center for the Middle Market report at the close of the third quarter revealed some interesting perspectives on what SMBs have to look forward to in 2019. This post will digest the key themes and ideas articulated by the report and provide some commentary on the implications.

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Topics: Blog, Mid-market

“Thanks” is Nice but, “You’re Hired” Is Better

Nov 8, 2018 1:16:53 PM

As we approach Veteran’s Day, many veterans will hear, “thank you for your service.” Kind words many patriotic Americans like to offer to veterans who’ve put their lives and time on the line to serve in our armed forces. While our service men and women returning from active duty surely appreciate the sentiment, it’s safe to say they’d prefer to hear “you’re hired” instead upon their return. As we pause to reflect on Veteran’s Day this year, let’s look at the dynamics required to help our returning veterans achieve a smooth reentry into the civilian workforce.

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Topics: Blog, Strategic sourcing., Workforce Management, Human Resources

Steps to Becoming a Preferred nextSource Supplier Partner

Nov 2, 2018 1:39:37 PM

 

Last week, nextSource hosted its first Keystone Partner Summit which included the conferral of 2018’s Keystone Partner awards. The commonality between all four categories—the Keystone Partner Award, the Premier Partner Award, Emerging Partner Award, and the Fidelity Award—is excellence in partnership. After the event, we announced the winners in a press release, prompting other staffing companies to ask how they might become preferred partners too. This post outlines the steps an organization can take to become preferred supplier partners.

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Topics: Blog, Supplier Management

Online Education Driving Higher Ed Contingent Workforce

Oct 25, 2018 3:33:37 PM

Often, the flexibility and freedom enabled by a well-designed contingent workforce compels innovation and change within an industry. Yet sometimes, as in the case of the higher education industry, pioneering changes drive the need for more smartly designed workforce management plans. Let’s examine the very interesting dynamics unfolding within higher education and how they’re driving growth and improvement in workforce planning practices.

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Topics: Blog, Higher Education, Gig Economy, Technology, Workforce Management

The Financial Costs of Increasing Worker Pay

Oct 18, 2018 1:30:33 PM

 

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Topics: Blog, Strategic sourcing., Cost avoidance, Best Practices, Workforce Management