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…
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What 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…
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nextSource 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.…
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Best 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…
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Working 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 Now Working 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…
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Update 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…
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How nextSource Differentiates from Other Options in the Market
One of the questions most frequently posed to providers of workforce management services and solutions focuses on a simple notion: Why should the organization select one provider as opposed to any other? Beyond the nuts and bolts reasons to select a given workforce management solutions provider – cost, service offerings, technologies, reputation, etc. – there…
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How to Turn a Bad Work Week into a Good Work Week
Everyone is subject to good days and bad days. It is a fact of life. In business the same thing is true for anyone in a leadership role. For those responsible for workforce management, the bad days may be a bit more frequent lately given the upheaval and uncertainty injected into daily operations by the…
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Rundown of New Labor Laws Passed by Ballot Initiative in 2020 Elections
The election of 2020 is over and while the obvious headline stories are monopolizing the headlines, there were also scores of state level ballot initiatives passed – many affecting labor laws and regulations in the states of their origin. This blog recently reported on the passage of California’s AB22, the initiative impacting Uber and other…
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