<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=1825486384374931&amp;ev=PageView&amp;noscript=1">

Blog

Why do Companies Partner with Employer of Record Firms?

Aug 22, 2018 2:28:51 PM

Have you ever wondered why companies partner with EOR firms to payroll pre-identified candidates? It’s all about the cost savings, efficiency and expertise an EOR firm can provide to organizations to help them save time and money.

Read More »

Topics: Blog, Workforce Management, Cost savings, EOR Services, MSP/VMS

Latest in Uber Litigation Saga Underscores the Value of Workforce Management Solutions

Aug 8, 2018 11:14:16 AM

 

One of these days, there will be a definitive higher court ruling on whether Uber must treat its drivers as employees or independent contractors. At that time, the precedent will be firmly established regarding whether Uber drivers should be considered “employees” or “contractors.” The latest chapter in the ongoing saga of Uber and drivers seeking redress for what they claim are abuses of worker classification regulations played out in a New York State courtroom recently. Here’s what the latest ruling means and some possible ramifications of the ruling.

Read More »

Topics: Blog, MSP/VMS, Workforce Management, Independent contractors, EOR Services, Compliance Services

M&A Activity and Market Gyrations Force Focus on Staffing Supplier Readiness

Aug 3, 2018 2:57:05 PM

How well can your existing supplier base scale with your business, particularly should your company be involved in a merger or acquisition? While your organization may not currently be an M&A target, the chances it may soon become one are increasing at precisely the same time as the staffing supply industry is experiencing a fragmentation into so many highly specialized but smaller provider organizations. If M&A action is initiated within your organization, or even simply in response to market fluctuations made more likely by the expanding trade war, we ask, “how well equipped is your supplier base to flex and ramp up to meet the challenge?”

Read More »

Topics: Blog, MSP/VMS, Workforce Management, Supplier Management

Applying the Iron Triangle Model to Contingent Labor Pricing Models

Jul 26, 2018 4:25:45 PM

My brother-in-law is a general contractor. When customers ask him for pricing quotes on home improvement projects, he often points to a sign in his office that states, “We do work properly, quickly, cheaply—pick 2.” The implication is, if done quickly and cheaply, proper process is not likely to be observed. If work is done properly, but cheaply, it may take longer to accomplish, and if you want it done properly and quickly, it will cost a premium. This triad model is sometimes referred to in a more serious business environment as the Iron Triangle, and here’s how you can apply its wisdom to contingent labor pricing models.

Read More »

Topics: Blog, MSP/VMS, Workforce Management

Why Cultural Fit is an Important Part of Selecting an MSP Partner

Jul 19, 2018 11:45:00 AM

Famous management consultant/guru, Peter Drucker is credited with saying “Culture eats strategy for lunch.” What he meant was that in any given business organization, even if the business strategy is a sound one, the enterprise will still fail to achieve its goals if the organizational culture is weak or otherwise unhealthy. In fact, of the three pillars of success in corporate structure—strategy, capability, and culture—culture is the most important and critical to achieve. That is why we urge customers to not overlook the culture of an MSP (managed services provider) with which they’re considering engagement.

Read More »

Topics: Blog, MSP/VMS, Workforce Management, Human Resources

Truth in Advertising: Tips for Properly Vetting New Staffing Suppliers

Jul 13, 2018 12:24:20 PM

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.

Read More »

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

Weird Graduation Season Calls for Professional Workforce Management Help

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.

Read More »

Topics: Blog, MSP/VMS, Workforce Management, seasonal staffing

Why the MSP for External Workforce Management Has Become a Standard Business Practice

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.

Read More »

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