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Blog

Selecting a Socially Responsible Workforce Managed Service Program Provider

Jan 16, 2020 4:08:21 PM

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.

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Topics: Blog, MSP/VMS, Human Resources, Best Practices, Workforce Management

New Year Brings Raft of Regulatory Changes Impacting Contingent Workforce Management

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.

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Topics: Blog, MSP/VMS, Best Practices, Workforce Management, Independent contractors

Reinventing the Workforce to Achieve a Social Enterprise

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?

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Topics: Blog, Best Practices, Workforce Management, Gig Economy

Projection 2020 – The Year of the “Employee Experience”

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.

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Topics: Blog, Best Practices, Workforce Management, Technology, Gig Economy

Independent Contractor Misclassification Is a High-Risk Game

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.”

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Topics: Blog, Cost avoidance, Human Resources, Best Practices, Workforce Management, Independent contractors

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 an 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.