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Blog

What is an MSP and Who Needs One?

Dec 13, 2019 11:00:00 AM

Following our recent articles on “What is an EOR” and “What is and AOR”, it seemed relevant to produce this article to help define another contingent workforce management solution with an acronym name. This time, we’ll examine the general definition of the managed service program (MSP) provider, what MSP solutions are intended to address and what drives the need within an organization for MSP solutions.

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

nextSource Blog Retrospective for October and November

Dec 6, 2019 10:12:44 AM

The nextSource Blog is your one-stop shop for incisive industry perspectives, best practices, innovative ideas and overall thought leadership on all things relevant to workforce management.  Today’s post will look back over the last few months of posts to provide a brief synopsis of all the hard-hitting and valuable content this blog has been producing consistently for years. 

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Topics: Blog, Statement of Work, MSP/VMS, Procurement Services, Workforce Management, Technology, Retail, Gig Economy, Retrospective

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.

The Staffing Industry Appreciates US Military Veterans’ Service

Nov 13, 2019 2:40:52 PM

At nextSource and among the staffing industry at large, personal achievement is taken very seriously. It’s why we work diligently to help organizations achieve a well-balanced workforce; at the same time, we help workers to achieve their career goals. On this Veteran’s Day, we turn our attention to the men and women who serve in America’s Armed Forces and who personify personal achievement.

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Topics: Blog, Human Resources, Workforce Management, temporary staffing

Staffing Industry and Hiring Organizations Brace for New Industry Reporting to be Required by SEC

Nov 7, 2019 10:32:37 AM

The Securities and Exchange Commission (SEC) has proposed new regulations for publicly traded companies that would require reporting on the size and composition of the workforce. This is likely a reflection of the significant evolution of the American workforce over recent decades. Clearly, the SEC and investors believe there is actionable investment information to be gained from knowing more about a company’s labor force, its composition and utilization. So, what might new reporting rules involve and how might they affect the staffing industry and workforce management planning at all kinds of companies?

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

Is it Time to Consider a Procurement Services Provider for Contingent Labor?

Oct 31, 2019 12:05:44 PM

Your procurement department is probably well-equipped to source the goods your organization needs. From raw materials needed to produce products to office supplies, they’ve got it well in hand. However, services procurement – that is buying services such as contingent labor of all varieties like temp labor, project workers, and independent contractors – is a completely different kind of purchasing. For these more complex procurement needs, many organizations turn to a procurement services provider or ‘PSP’. What is a procurement services provider and is it time to consider engaging one to support your contingent workforce management sourcing needs?

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Topics: Blog, Procurement Services, temporary staffing, Independent contractors

What is a SOW and Who Needs One?

Oct 27, 2019 1:47:33 PM

What is a SOW or “Statement of Work” and why should those responsible for contingent workforce management be aware of this particular type of engagement? This article will provide a brief primer on the SOW, including what it is, how it works and how it can be a very effective arrow in your contingent workforce management quiver.

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Topics: Blog, Statement of Work, Procurement Services, temporary staffing, Independent contractors