When program managers are in the process of vetting new staffing suppliers to serve a contingent workforce program, there are several critical components they must pay careful attention to. Today, every supplier seems to offer a “we can do anything” support model, but it’s critical to dig a little deeper and ask the right questions to gain the foundation for a successful partnership. Here are some tips based on decades of experience in vetting staffing companies for our client MSP programs.
Jul 13, 2018 12:24:20 PM
Jul 3, 2018 10:52:15 AM
As we prepare to celebrate America’s birthday this Fourth of July, the entire staff at nextSource pauses to reflect on the all the ways in which the American workforce has been instrumental in building this great nation. More than any other factor, American labor has been the driving force for economic development, innovation, and achievement emulated by economies across the globe. On this Fourth of July, we want to shine a light on one of the key elements which continues to support the growth of the American economic engine—diversity.
Jun 26, 2018 10:00:00 AM
In Parts 1 and 2 of this series, we examined the Work Institute’s annual report on workforce retention was compiled from more than 234,000 exit interviews. Having uncovered the main reasons why employees decide to leave a job, this third and final installment looks at the financial impact of high employee turnover in the contingent arena and ways workforce management strategies can be leveraged to mitigate turnover.
Jun 19, 2018 3:07:01 PM
The Work Institute’s annual report on workforce retention was compiled from more than 234,000 exit interviews. It is the only report of its kind revealing the real reasons employees leave or intend to leave their jobs. The 40-page document is full of exceptional insights backed up by hard data. Although developed with full-time workers in mind, much of it is applicable to contingent workforces as well. In Part 1 of this series, we examined half of the top reasons why employees leave their jobs and how to develop retention strategies to prevent turnover. Part 2 will focus on the remaining reasons workers leave a job and how to keep them from leaving.
Jun 14, 2018 2:22:15 PM
With unemployment testing historic lows, every workforce manager is acutely aware that it is an employee’s job market. The ratio of unemployed persons to available jobs which was 7:1 in 2009 is back to parity at 1:1 today. So, it is more important than ever to focus on employee retention. Doing this requires in-depth understanding of the drivers of turnover. This three-part blog series will begin with Parts I and II, detailing the Top 10 categories of reasons why employees leave. Part III will discuss the financial impact of turnover and offer suggestions on how to develop effective retention strategies.
Jun 6, 2018 1:31:39 PM
Workforce management is a very complex business function and like most complex tasks, requires a strong focus on productivity in order to ensure successful execution. How can you, as a workforce management professional, better manage your precious time and ensure timely, effective completion of the myriad tasks under your purview? Take a page from one of American history’s most decorated figures, a wartime Supreme Commander and 34th president of the United States, Dwight D. Eisenhower.
Jun 1, 2018 10:45:56 AM
The late Hunter S. Thompson once said, “When the going gets weird, the weird turn pro.” And we really can’t remember a “graduation season” weirder than this year’s. The reports coming out about market conditions, unemployment, hiring, and pay are as offbeat as Thompson himself, but nextSource is ready to help you turn pro in these weird times with insight into how to attract top graduates. Here are some contrary facts and how you can use this information to your advantage this graduation season.
May 23, 2018 3:09:29 PM
A full 65% of executives responding to a survey by SAP Fieldglass say that the external workforce is essential to their organizations’ ability to operate at full capacity. Nearly half of respondents reported they’d be unable to conduct business as usual without it! If nothing else, these results underscore the extent to which the contingent workforce has become standard operating procedure for all modern businesses.