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Blog

Recruitment and Talent Acquisition – What is the Difference?

Feb 13, 2020 10:40:36 AM

Think of it this way, all recruiting is talent acquisition, but not all talent acquisition is focused on recruiting. Talent acquisition describes the long-term process of planning the overall composition of the workforce and the best practices for delivering the goals set forth. Recruitment is the short-term process of filling a role with the right talent. Talent acquisition in a strategic sense, builds on the talent sourced during the recruitment process and leverages it to fill similar positions over time.

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

What is an MSP?

Dec 13, 2019 11:00:00 AM

An MSP or Managed Services Program is a service that enables customer organizations to outsource the responsibility for maintaining a range of business processes and operational functions in order to deliver the benefit of technology solutions and services instead of managing said processes internally. MSPs typically manage services procurement, staffing supplier relationships, and other talent sourcing and administration functions using relevant technologies like Vendor Management System (VMS) platforms and other tech tools.

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Topics: Blog, MSP/VMS, Human Resources, Workforce Management, Supplier Management, Technology, Strategic sourcing.

The Implications of AI in Candidate Interviews and Other Workforce Activities

Nov 27, 2019 1:17:43 PM

It is a brave new world out there. The latest giant leap for mankind as it relates to the human capital world is the application of artificial intelligence or “AI” to the process of candidate interviews. If you find it unpleasant to speak to the automated voice used by increasing numbers of customer service call centers, you’ll probably hate this. But AI has grown sophisticated enough to be effective at candidate screening and the cost benefits of automating this process will likely be too enticing to pass for larger hiring organizations. Take heart though, there are still rules and ways to avoid the worst downsides of this new development.

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

What is the Gig Economy, and Should I Introduce it to My Organization?

Nov 20, 2019 11:16:31 AM

nextSource recently had the opportunity to address the HR Alliance in Washington DC. The topic that was on the minds of many in the audience was the Gig Economy. The audience was seeking to understand this mushrooming new labor channel.

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Topics: Blog, Human Resources, Workforce Management, temporary staffing, Technology, Gig Economy, Strategic sourcing.

Higher Education: Learning to Love Workforce Management Solutions – PT 2

Feb 20, 2019 2:09:45 PM

 

In Part 1 of this two-part blog, we discussed the challenges facing higher education organizations and how solutions like employer of record (EOR) services can contain costs and increase operational efficiency when integrated into a comprehensive, workforce management program.

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Topics: Blog, MSP/VMS, Procurement Services, seasonal staffing, Independent contractors, Strategic sourcing.

Higher Education: Learning to Love Workforce Management Solutions – PT 1

Feb 13, 2019 11:04:00 AM

 

A broad and growing array of services and tech solutions for managing contingent is being embraced and adopted by industries of every kind. Historically, in the higher education vertical, the need for such solutions hasn’t been pressing until recently. Growing interest is due to developments which make non-employee workforce elements more necessary and attractive to colleges and universities. This two-part blog will explore the emerging challenges behind the increased interest in workforce management solutions among higher education institutions, how to sort through the array of solution options, and the type of results driven by their successful implementation.

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Topics: Blog, Procurement Services, EOR Services, Workforce Management, seasonal staffing, Independent contractors, Strategic sourcing.

Year in Review - nextSource Blog 2018 Highlights

Dec 27, 2018 10:00:00 AM

As has been our tradition here at the nextSource blog, we’re once again looking back over the last four quarters of content we’ve produced on a wide range of topics relevant to workforce planning and management. It is always interesting to make this review as it provides a tidy summation of the state of our industry and helps keep us focused on the subjects most relevant to workforce management professionals seeking to remain at the bleeding edge of developments and trends affecting their respective organizations. So, without further ado, here’s the recap of the road we’ve all traveled in 2018.

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Topics: Blog, MSP/VMS, Procurement Services, Cost avoidance, Cost savings, Human Resources, Best Practices, Workforce Management, Gig Economy, VMS, Strategic sourcing., Procurement

“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, Human Resources, Workforce Management, Strategic sourcing.