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Blog

Business Leaders Must Partner with HR on Gig Economy Strategy

Sep 12, 2019 12:10:46 PM

With so many members of the American workforce migrating from the ranks of traditional W2 wage-earning positions toward the flexibility and autonomy of gig economy jobs, business leaders are responding to increasing calls from their HR management for approval to leverage gig economy labor in certain critical roles. The savvy business leader understands that contemporary organizations have much to lose by failing to harness the benefits of gig workers while their competition does. Here’s some of the steps needed to make an HR-driven gig economy practice come to life in your organization.

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Topics: Blog, Human Resources, Best Practices, Workforce Management, Gig Economy, Procurement

Help on the Way for Harried Talent Acquisition Professionals

Sep 9, 2019 3:17:51 PM

The rapid growth in adoption of contingent labor among all kinds of organizations has become a burden on the talent acquisition community. Talent acquisition professionals are busy enough grappling with sourcing in a historically low unemployment environment where finding not just bodies to fill seats, but talent that can be developed for longer-term and temp-to-hire positions is already a heavy lift. Executing the steps needed to succeed – such as defining employer brand, building positive culture, workforce planning, sourcing and measuring performance analytics – can seem beyond the ability of TA pros to achieve.  Luckily, there are resources out there to help.

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Topics: Blog, Human Resources, Best Practices, Workforce Management, Procurement

Critical Takeaways from Staffing Industry’s 2019 Temporary Worker Survey

Aug 29, 2019 11:19:59 AM

Sometimes in life, we get the exact opposite of what we want. For the preponderance of workers responding to the SIA’s 2019 Temporary Worker Survey, a full-time job to replace temp work is what workers are wanting for. Yet, in today’s low-unemployment environment, there are still many who haven’t been able to join the ranks of the full-time employed. With the economy flashing recessionary warnings, it seems poised to get more difficult, not less difficult for those contingents yearning for full time roles. For employers and their staffing agencies however, some preventative planning can help make life as a contingent more rewarding than before which will be welcome when the economy cools and full-time jobs grow more scarce. Here’s some advice in that regard.

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Topics: Blog, Human Resources, Best Practices, Workforce Management, temporary staffing, Independent contractors

Famous Last Words – Getting Workforce Management Ready for the Coming Economic Shock

Aug 1, 2019 12:46:43 PM

“No one could have predicted…” This laughably obtuse statement is always uttered by those who should have known better, in the wake of catastrophes that could have been easily avoided if those same people had paid heed to the obvious warning signs leading up to the disaster. Today, the US likely stands at the precipice of a major economic downturn according to the people whose job it is to watch the cycles and patterns in economic activity and smart organizations are paying heed to these warnings by preparing talent strategies to weather the coming storm. Here’s the evidence offered in support of this dire prediction and some of the strategies being prepared to weather it.

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Topics: Blog, MSP/VMS, Workforce Management

Happy Birthday to America – A Land Built by Diversity Then and Now

Jul 2, 2019 2:22:52 PM

As we pause to observe the blessings of American Independence and the freedoms, opportunity and common objectives we all share this Fourth of July, nextSource would like to recognize the role played by workforce diversity in the history and future of our great nation. We wouldn’t be who we are as Americans without the multifaceted contributions, sacrifices, blood, sweat and tears of patriotic peoples of all color, race, creed and orientation. We’ll also share some data pointing to the accelerating pace of expansion in the diversity workforce.

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Topics: Blog, Workforce Management, Independent contractors, Procurement

CA Law Aimed at Gig Economy Could be A Tragedy for Entertainment Industry

Jun 28, 2019 4:55:37 PM

The regulatory fight over the laws governing the “gig economy” has gone Hollywood. But not in the good way and not in a way that Hollywood entertainment industry may regard as the typical happy movie ending. A longstanding business practice heavily utilized in the entertainment industry is at risk of being rendered illegal by pending legislation in California designed to govern worker classification practices called into question by high profile gig economy companies like Uber and others wholly unrelated to movies, TV and music performances. Here’s the story and possible implications for Tinseltown.

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Topics: Blog, Compliance Services, Human Resources, Workforce Management, Gig Economy, Independent contractors

Dept of Labor to More Broadly Recognize Gig Economy Worker Classifications

Jun 18, 2019 11:57:50 AM

The Wage and Hour division of the US Department of Labor (WHD) recently issued a letter that seemingly reverses the DOL’s position on the nature of gig economy workers and their classification as independent contractors. Here’s the latest on this issue which is of great import as the number of virtual marketplace companies (VMCs) continues to grow fueling the gig economy and attracting more workers to independent contractor status.

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Topics: Blog, EOR Services, Human Resources, Workforce Management, Gig Economy, Independent contractors

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?

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