Frequently when responding to requests for proposals (RFP) for nextSource’s managed service program offerings, we encounter questions about “sustainability”. Typically, sustainability questions address the traditional notion of environmental issues/impacts, which are somewhat irrelevant when the offering is a service like managed services programs for sourcing human capital. However, there is a discussion to be had about the sustainability of labor MSP sourcing practices; one that involves examination of the “social conscience” of an organization and the extent to which a service provider delivers equitable sourcing methodologies and other interactions with the communities it serves. Here is what to look for when seeking an MSP partner with strong social conscience.
Jan 16, 2020 4:08:21 PM
Jan 10, 2020 1:02:39 PM
The New Year and new decade bring new changes to Labor Laws at both the Federal and individual states’ levels. For the busy contingent workforce manager, the changes can be very easy to miss, but the price for failing to stay abreast of laws and regulations makes it critical that they’re observed and understood. Today’s post will highlight a number of the more high-profile changes and underscore the benefits of partnering with a knowledgeable provider of effective supplier management and contingent workforce management solutions.
Jan 6, 2020 12:43:43 PM
“In 2019, an intensifying combination of economic, social, and political issues is forcing HR and business leaders to learn to lead the social enterprise—and reinvent their organizations around a human focus.” So begins the introduction to Deloitte’s “2019 Global Human Capital Trends Report”. Forbes magazine says, “businesses today are entering a whole new paradigm for management: one which considers a business less as a “company” and more as an “institution,” integrated into the social fabric of society.” How can workforce management support the idea of “the Social Enterprise” to achieve increased success in today’s changing workforce environment?
Dec 31, 2019 11:14:05 AM
As the decade draws to a close, workforce management professionals are bracing for what promises to be another “roaring twenties” as the global workforce continues to undergo rapid change and evolution. nextSource experts have been reviewing dozens of sources of data and opinion on what the New Year and the new decade have in store. There seems to be one, prevalent theme wending its way through contemporary thought regarding the seismic changes in labor markets: Employee Experience. Here is the evidence supporting the idea that 2020 is going to be the year of employee experience.
Dec 17, 2019 2:24:56 PM
The misclassification of employees as independent contractors is a hot topic. The U.S. Department of Labor describes independent contractor misclassification as “one of the most serious problems facing workers, employers and the entire economy.”
Oct 11, 2019 1:41:32 PM
Tail spend is defined as the roughly 20% of a procurement department's spend allocated to non-core transactions. Typically, this is spend on items not significant enough to be run through a procurement process, typically due to a high volume of small suppliers and limited in-house resources available to manage them. For most organizations engaging niche suppliers to accommodate specialized contingent staffing needs, this type of niche spend often falls into the “tail spend” category. While spend in this bucket may be small overall, the risks associated with workforce procurement may represent outsized risks and as such, it warrants increased attention to avoid potentially costly problems. Here’s what you need to know.
Sep 27, 2019 12:31:38 PM
The nextSource Blog has been covering the ongoing saga of gig economy pioneers like Uber for at least the last five years in posts like this from 2015 and this from earlier this summer. Companies like Uber, Lyft and scores of other gig economy organizations continue testing the boundaries of labor laws, tax regulations, and the very nature of the employer/employee relationship. They represent significant evolution in the nature of workforce management and keeping abreast of the changes wrought by these disruptive models is imperative to all organizations leveraging human cloud, gig economy and other emerging worker types. These two recent developments in the ongoing Uber story suggest the pendulum is swinging back toward favoring the “Uber model” for worker classification.
Sep 20, 2019 3:27:25 PM
If a staffing company, payroller, EOR or other workforce management service provider serving your programs were to wind up in trouble with the law or suddenly become insolvent, it could spell big trouble for your operations. The most recent example of this catastrophic occurrence has affected numerous unfortunate organizations and reveals a risk to organizations relying on these provider/partners. Read on for details about this most recent example, along with a rundown of associated risks and what you can do to protect your contingent workforce management program from becoming a victim.