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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

Sentiment High Among Americans Regarding Labor Market in 2019

Dec 18, 2018 9:00:00 AM

To provide a counterpoint to our recent post titled, “2019 Employment is “All Good” (Until It Isn’t),” we thought it would be fair to provide a positive take on the current economy and its impact on workforce planning. So, we present to you a Harris Poll produced in November on behalf of the American Staffing Association (ASA). The poll reflects the broad public perception of the employment picture following the recent mid-term elections. In short, there is consensus that the results of the election will exert a positive influence over employment trends.

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Topics: Blog, Human Resources, Workforce Management

2019 Employment is “All Good” (Until It Isn’t)

Dec 12, 2018 1:07:06 PM

 

 

By all metrics, the projections for employment prospects in the coming New Year are excellent. Unemployment is at near-record lows. With hiring demand high and wages rising in response, hiring organizations are busily engaging practices and technologies to help increase access to in-demand talent amidst short supply of qualified candidates. Yet, at the risk of being a holiday “buzz kill,” we’re making a contrarian recommendation: be prepared for an unexpected and dramatic reversal of today’s robust labor landscape.

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Topics: Blog, Cost savings, Human Resources, Workforce Management

“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.

Online Education Driving Higher Ed Contingent Workforce

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.

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Topics: Blog, Workforce Management, Technology, Gig Economy, Higher Education

The Financial Costs of Increasing Worker Pay

Oct 18, 2018 1:30:33 PM

 

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

ASA's 50-State Data Aides in Selecting Locations for Contingent Operations

Oct 12, 2018 3:20:25 PM

 

Deciding where to set up operations for a contingent workforce can be a daunting challenge. In today’s highly competitive environment, it may not always make sense to situate your contingent workforce in the same locale as its full-time counterpart. The ease with which many types of work can be done by remote or electronically makes it easier than ever to locate your contract workforce wherever it is determined to be most effective in terms of cost and accessibility of talent. Here are some broad considerations regarding where to elect to deploy any new offices or facilities intended to be staffed with contingent labor.

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Topics: Blog, Cost avoidance, Best Practices, Workforce Management, Independent contractors, Strategic sourcing.

Remaining Relevant, Sourcing Millennial Talent for Healthcare Roles

Sep 25, 2018 1:49:40 PM

The good news is the once acute shortage of nurses plaguing the healthcare field has been mitigated thanks to the record numbers of Millennial generation men and women electing to embrace nursing as a career. The bad news (for workforce planners tasked with recruiting talent into healthcare organizations at least) is that the game has changed significantly regarding how to effectively tap source and retain these critical assets. What’s changed and how can you harness the new paradigm if you’re in charge of attracting fresh talent to healthcare organizations?

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