Everything You Need to Know About Direct Sourcing
We all know that hiring, onboarding and training of the workforce is both time consuming and costly. That’s why it is so painful for many organizations during the pandemic. Sharp drops in demand across numerous industries have forced many to shed headcount. As recovery may occur in unpredictable ways, hiring authorities face an excessive burden…
Read Now
Building a Diverse Workforce Management Program
What happens when your commitment to building a diverse workforce is compromised by your need to rapidly source highly sought-after IT talent? By retaining the services of a woman-or minority-owned Managed Services Provider, 100% of all spend flowing through the program would qualify as diversity spend. However, if you are committed to building a truly…
Read Now
Encore Performances From Great Talent
The COVID pandemic has accelerated a higher education trend expanding academic offerings to include online instruction, giving students the ability to pursue their degrees through a combination of traditional classroom experiences, eLearning programs, virtual seminars, and social learning programs. To develop and update hundreds of online courses that are offered each semester, universities are dependent…
Read Now
What is Workforce Planning & Consulting?
Workforce planning and consulting is a service delivered by expert workforce planning professionals/firms aimed at developing replicable processes for analyzing, forecasting and planning of supply and demand within the available universe of all types of workers and talent. This often involves assessing gaps in an organization’s workforce composition, establishing targets for talent management programs and…
Read Now
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 Now
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…
Read Now
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.…
Read Now
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…
Read Now
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…
Read Now