The “gig economy” is a topic we have been covering extensively here at the nextSource blog. The mushrooming growth of this new labor type represents a brave new world, both for individuals in the labor force as well as those professionals tasked with contingent workforce management. As with any new emerging business practice, it takes some time for legal and regulatory strictures to catch and come up to speed with the velocity of the changes wrought by disruptive innovations. In the interim, there is often increased risk for all who embrace the mantle of early adoption.
Jul 11, 2019 2:47:25 PM
VMS? MSP? Which Solution is Best for Me? Part Three of a Three Part Series | Which Solution Should Be Deployed First?
Jun 13, 2019 12:21:22 PM
This is something of a “chicken or the egg” scenario – deciding whether an organization should embark first on a project to implement a vendor management system (VMS) tech platform or engage a managed services program (MSP) partner. In this third and final installment of the series, after having explored the benefits and challenges of both solutions, we’ll provide some insight on the proper order of operations. MSP first or VMS?
Jun 6, 2019 1:53:37 PM
In part I, we examined how to determine whether your company/organization is a good candidate for a VMS solution. This installment will take a similar look at whether your company is a good match for a managed services program for contingent workforce management. Here are a number of crucial questions to ask about your existing operations before deciding to deploy an MSP solution.
May 30, 2019 2:04:53 PM
Back in March, we published a post on the Top Four Considerations for Successful VMS Implementations. In the wake of that article, we were peppered with questions from prospective customers regarding how they can be certain that a VMS-only solution (a solution that does not incorporate an MSP) is the right prescription for their organization to manage their contingent workforce. After all, it makes sense to be sure the VMS is the right action before you consider what’s required to ensure a successful implementation. So here is some valuable perspective on how to determine if your company/organization is a good candidate for VMS-only solutions.
Oct 25, 2018 3:33:37 PM
Often, the flexibility and freedom enabled by a well-designed contingent workforce compels innovation and change within an industry. Yet sometimes, as in the case of the higher education industry, pioneering changes drive the need for more smartly designed workforce management plans. Let’s examine the very interesting dynamics unfolding within higher education and how they’re driving growth and improvement in workforce planning practices.
May 10, 2018 12:08:12 PM
For many independent contractors, the following frustrating scenario is all too familiar: you’ve checked off all of the requirements of a contract for a fantastic gig and waiting for the final approval, only to be told you’ll need different levels of liability insurance to solidify the deal. For hiring managers, a similar scenario often unfolds: your on-site contingent workers are carefully selected ready to work, but must be turned away at the door because the staffing firm’s business insurance expired the day before. These are just two examples of the ways in which insurance requirements can become a barrier to accessing talent and advancing your business. In this blog, we take a closer look at how Bunker, a nextSource channel partner, is taking an innovative approach to help companies overcome insurance as a barrier by combining insurance and technology.
Mar 21, 2018 11:19:13 AM
In Part II of this two-part series, we’ll review the remaining four key staffing trends identified by the Staffing Industry Analysts (SIA). Their detailed report lists the following eight factors as key trends impacting the industry now and for the duration of this year: The Global Economy, Technology/Automation, Skills Shortages, Legislation, Gig Economy, Public Perception, Procurement Sophistication and the Rise of Asia. We pick up in Part II with review of the critical takeaway from each of the remaining four trends boiled down to their essence.
Mar 15, 2018 1:02:33 PM
You’re very busy handling the myriad responsibilities and initiatives involved in managing the workforce planning and execution for your organization. It’s no surprise that you have precious little time to spend on non-essential tasks like digging into industry reports and data to keep abreast of the latest trends, opportunities and threats facing the workforce management profession. That’s why the nextSource blog exists—to help digest this information and provide it to you in quick, easily understood synopses. If you didn’t have the time to peruse the Staffing Industry Analysts (SIA) February report, Staffing Trends in 2018, here’s the distilled info on each of the eight trends identified in this detailed report.