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Blog

Why and How to Implement a Remote Talent Strategy

Apr 26, 2019 1:29:12 PM

Like most medium to large size organizations, you likely already have a contingent workforce strategy in place. For many, this strategy relies heavily on staff supplementation/temp labor to plug gaps and accommodate times of peak business volume. More robust practices may include other worker types in their contingent mix like onsite independent contractors, project workers and SOW teams. However, many services procurement pros seem to shy away from utilizing freelancers working 100% by remote. Avoiding this type of arrangement is becoming a growing liability as this classification of worker is growing and your competition may already be enjoying the competitive advantages of using them. Here’s what you need to know about remote talent use and utilization.

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Topics: Blog, MSP/VMS, Procurement Services, Workforce Management

Selecting the Right Tax Withholding Options

Apr 15, 2019 12:36:07 PM

Is your withholding allowance set to withhold the appropriate taxes, ensuring your paycheck is accurate? This is a hot topic, especially this time of year for the thousands of associates who work for our clients via our employer of record solution. Read more in this nextSource blog to ensure your 2019 withholding is correct. 

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Topics: Blog, EOR Services, Best Practices, Workforce Management

Contingent Workforce 101 – Some Fundamentals

Apr 11, 2019 12:03:38 PM

Here at the nextSource blog, we often focus on providing simplified, easy-to-digest explanations of some of the latest, advanced processes and technologies being adopted by innovators in the human capital management industry. Today, though, we’re going to return to basics, because we know not all organizations are advanced in their workforce management know-how and understanding. As more and more small and mid-sized businesses begin to embrace the strategies used by larger enterprises, there is a lot of educating we can be doing to help newer entrants understand fundamental industry terms, processes and practices. This post will focus on simple definitions of worker classifications and the services offered by solution providers to manage each worker type.

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Topics: Blog, MSP/VMS, Procurement Services, EOR Services, Workforce Management

AI Tech for Workforce Advances – But There’s No Substitute for the Human Touch

Apr 4, 2019 10:41:16 AM

Modern technology drives how we work and live. AI, industrial process automation, high speed internet, big data, cloud computing, blockchain, and scads of other emerging technologies are applied to challenges—business and otherwise—to theoretically improve on the results yielded by imperfect, human efforts. Much has been made of how artificial intelligence (AI) can help an organization govern staffing levels and identify the skill types needed (or not needed) to effectively compete. Before relinquishing direct control of your talent acquisition strategy to the robots, consider whether there aren’t serious limitations to what technology can do to assist in talent acquisition.

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Topics: Blog, MSP/VMS, Best Practices, Workforce Management

Energy: An Industry in Transition Relying Heavily on Cutting Edge Workforce Management

Mar 28, 2019 12:24:11 PM

Transitioning away from fossil fuels and toward renewable energy is a critical, global imperative and one that asks a lot of everyone involved. From producers to consumers and at every step between, there will be significant changes required to the long-standing ways in which we produce, transmit and consume energy. Nowhere will the change be felt more acutely than in the energy industry itself. In particular, the nature of how clean energy is produced will exert outsized influence over how the energy industry approaches its labor practices. Follow this logic.

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Topics: Blog, MSP/VMS, Best Practices, Workforce Management

The Top Four Considerations for Successful VMS Implementations

Mar 22, 2019 11:49:02 AM

In 2016, recognizing the rapid technological advancements in the industry, nextSource made the strategic decision to retire our proprietary VMS and move to a VMS agnostic delivery model. This decision allowed us to harness the power of the many great VMS tools available on the market today for the enrichment of our client programs. It also gave us the opportunity to be involved in the selection, configuration, and deployment of many of the industry’s leading VMS solutions. Since 2016, we have successfully completed dozens of VMS transitions for our clients. As a result of all this activity, we’ve become very knowledgeable about what makes for successful implementations and the healthy ROI that follows. This post shares the top four considerations for implementing a VMS to ensure success of such an initiative.

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Topics: Blog, MSP/VMS, Best Practices, Workforce Management

Shifting Cultural Values Influencing Arbitration Rules in US Companies

Mar 12, 2019 12:48:39 PM

 

 

With increasing frequency over the last decade, large employers have been inserting clauses into their employment contracts requiring new hires to waive their right to file suit against the employer for any reason. Instead, these agreements required as a condition of employment, that any claims arising within the workplace be instead adjudicated through arbitration instead of the courts. Arguably, this trend protects employers at the expense of labor rights. But this may be changing due to recent shifts in societal perspectives. Here’s the latest on this important labor rights issue.

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Topics: Blog, MSP/VMS, Workforce Management, Mid-market, Independent contractors

The Fall of Traditional Retail and the Role of Workforce Management Solutions

Mar 5, 2019 2:35:56 PM

 

Once a stalwart of the American labor force, retail as an industry has been experiencing an ongoing collapse. Similar to the precipitous demise of American manufacturing in the 1990s as entire career segments were washed away by a tide of offshoring to low-cost countries, retailers today are on the run. However, unlike the loss of manufacturing jobs which left a vacuum in employment, there is a silver lining for the American worker when it comes to retail. Here’s the story.

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Topics: Blog, Workforce Management, Retail, Gig Economy