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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

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.

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

Recent Developments Seem to Favor Current Human Cloud IC Classification Model

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.

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Topics: Blog, Compliance Services, Best Practices, Workforce Management, Gig Economy, Independent contractors

When Provider/Partners Fail – How to Avoid Being Caught in the Aftermath

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.

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Topics: Blog, MSP/VMS, EOR Services, Best Practices, Workforce Management, Gig Economy

Business Leaders Must Partner with HR on Gig Economy Strategy

Sep 12, 2019 12:10:46 PM

With so many members of the American workforce migrating from the ranks of traditional W2 wage-earning positions toward the flexibility and autonomy of gig economy jobs, business leaders are responding to increasing calls from their HR management for approval to leverage gig economy labor in certain critical roles. The savvy business leader understands that contemporary organizations have much to lose by failing to harness the benefits of gig workers while their competition does. Here’s some of the steps needed to make an HR-driven gig economy practice come to life in your organization.

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Topics: Blog, Human Resources, Best Practices, Workforce Management, Gig Economy, Procurement

Brave New World, Broad New Lexicon

Jul 11, 2019 2:47:25 PM

The “gig economy” is a topic we have been covering extensively here at the nextSource blog. The mushrooming growth of this new labor type represents a brave new world, both for individuals in the labor force as well as those professionals tasked with contingent workforce management. As with any new emerging business practice, it takes some time for legal and regulatory strictures to catch and come up to speed with the velocity of the changes wrought by disruptive innovations. In the interim, there is often increased risk for all who embrace the mantle of early adoption.

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Topics: Blog, Best Practices, Technology, Gig Economy, Independent contractors

CA Law Aimed at Gig Economy Could be A Tragedy for Entertainment Industry

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.

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