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?
Nov 7, 2019 10:32:37 AM
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.
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.
Feb 27, 2019 10:42:02 AM
Retail as an industry is navigating through a time of significant operational change and upheaval. The very nature of how consumers interact with retailers has been radically changed by advancements like ecommerce and the “Amazon-ization” of expectations regarding shipping and delivery. As a result, there has been a widespread shift in business requirements and priorities with respect to staffing practices for retailers. Here are some of the emerging dynamics impacting retail workforce design and management.
Nov 30, 2018 1:19:15 PM
Thorough workforce management professionals spend time monitoring minimum wage changes in the states and localities in which they have employees working, ensuring that pay rates for hourly wage earners (non-exempt employees) are set correctly in a VMS and for payroll purposes. Much less frequently examined are the minimum salary requirements in place for exempt (salaried) workers. Did you know that several states have weekly minimums in place for salaried employees that need to be reviewed?
Aug 29, 2018 2:32:41 PM
From the files marked, “The More Things Change, the More They Stay the Same,” we observe Labor Day this year with remembrance of the Pullman Railcar Strike of 1894 whose events led to the formalization of Labor Day as a federal holiday. We’ll then examine the cyclical nature of things and how prevailing labor practices of that time resemble those of today’s Gig Economy.
Aug 8, 2018 11:14:16 AM
One of these days, there will be a definitive higher court ruling on whether Uber must treat its drivers as employees or independent contractors. At that time, the precedent will be firmly established regarding whether Uber drivers should be considered “employees” or “contractors.” The latest chapter in the ongoing saga of Uber and drivers seeking redress for what they claim are abuses of worker classification regulations played out in a New York State courtroom recently. Here’s what the latest ruling means and some possible ramifications of the ruling.
May 23, 2018 3:09:29 PM
A full 65% of executives responding to a survey by SAP Fieldglass say that the external workforce is essential to their organizations’ ability to operate at full capacity. Nearly half of respondents reported they’d be unable to conduct business as usual without it! If nothing else, these results underscore the extent to which the contingent workforce has become standard operating procedure for all modern businesses.