Posts by Kyle
What is IC Management?
IC Management or Independent Contractor management is a process by which workforce management operations can safely, effectively leverage the benefits associated with the utilization of 1099 contract resources as opposed to W2 FTEs. IC management services manage the paperwork and the process of acquiring and managing independent contractor resources which requires different considerations. These include…
Read MoreWhat is an AOR (Agency of Record)?
An AOR, or “Agency of Record” is a third-party entity providing compliant workforce administration for independent contractors. An AOR company assumes responsibility for ensuring your contractors are paid compliantly with all applicable regulatory and tax considerations wherever they are assigned. Workforce management leaders leverage AORs to ensure thorough, ongoing IC compliance and to mitigate the…
Read MorenextSource Offering Defines Best Practices for 1099 Certification
The increasing embrace of Direct Sourcing strategies in the execution of a well-rounded contingent workforce management plan has revealed the need for robust 1099 certification processes. Best practices for 1099 Certification are critical to observe and are an important feature baked into the nextSource Direct Sourcing solution, designed to support talent pools and FMS platforms.…
Read MoreBest of the nextSource Blog – 2020 Edition
Welcome to the “Best of the nextSource Blog – 2020 Edition”. This post will look back at some of the most impactful, insightful and relevant posts of 2020 which was, to say the least, a very interesting year full of uncertainty and challenges for workforce management professionals. Moving backwards in time from the most recent…
Read MoreWorking Knowledge Digest Nov-Dec 2020 | Part II
Here’s Part II of our bi-monthly “Working Knowledge Digest” feature. Part I digested Market Developments highlighted in the Working Knowledge portion of the nextSource website. Part II contains synopsis of the technology advancements and other newsworthy notes from November and December 2020. Technology AdvancementsTwo recent surveys reveal HR Technology Investment Plans for 2021which indicate companies…
Read MoreWorking Knowledge Digest Nov-Dec 2020 | Part I
Welcome to the bi-monthly installment of nextSource’s “Working Knowledge” feature. This portion of the website delivers informative perspectives for practitioners of contingent workforce management, culled from trusted sources. Readers of this feature enjoy boiled-down information on specific tactics, legal/regulatory updates and other tactical information. Here’s part one from this two-part digest of Working Knowledge gathered…
Read MoreUpdate on 2021 Minimum Wage and Other Labor Law Changes
As always, the nextSource Blog provides timely updates on impending changes to laws across the US that may impact on the operations of contingent workforce management activities. As the end of 2020 draws near, multiple states are preparing to raise minimum wage requirements for workers. Others have new laws passed governing sick leave and other…
Read MoreDepartment of Labor issues opinion letters on COVID-related and other work challenges
The U.S. Department of Labor’s (“DOL”) Wage and Hour Division (“WHD”), which addresses the issue of compensable time under the Fair Labor Standards Act (“FLSA”), has issued opinion letters in an attempt to clarify the application of regulations in a COVID environment: Compensation of travel time for non-exempt employees – While the focus of FLSA…
Read More2020 Year-End Survey: Companies Adjust Staffing Plans
The continued impact of the Covid-19 pandemic is causing companies to modify their workforce plans, according to Challenger, Gray, & Christmas Inc. Return to the office – Twenty-one percent of companies said they plan to bring all workers back to the office in early 2021, 9% said mid-2021, 8% said as soon as there is…
Read MoreCompetency Development is Top Priority for 2021
A survey conducted by Gartner Inc. of more than 750 HR leaders found that 68% said building critical skills and competencies for their organizations was their top priority. Other top priorities included organizational design and change management, cited by 46%; current and future leadership bench, 44%; the future of work, 32%; and employee experience, 28%. …
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