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Blog

“Double Shot” of Low Unemployment and Rising Wages Tests Workforce Plans

Sep 19, 2018 2:14:11 PM

Unemployment remains low and the rate is about as stable as it can be for this often-volatile metric. A byproduct of broad employment, wages tend to rise as competition for finite labor capacity drives pay rates higher. This double shot of good news for workers spells challenge for employers and their workforce management plans. Here’s the latest data followed by some recommendations for hiring organizations seeking to mitigate these challenges.

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

The Six critical Components of a Strategic Sourcing Initiative

Feb 26, 2018 2:01:35 PM

Recently, nextSource produced webinar together with Azul Partners and Jason Busch of Spend Matters titled, “The Strategic Sourcing of Talent in 2020: Balancing Cost, Compliance and Agility.” It was chock full of high impact ideas and actionable strategies. One of the most interesting segments of the webinar (which you can review here) examined the six critical components of a strategic sourcing initiative. We thought this list would be valuable to our readers, so here is the synopsis.

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Topics: Blog, Procurement Services, Supplier Management, Strategic sourcing.