IC Compliance and Payrolling Services are ‘Must Haves’ When Direct Sourcing

nextSource has produced a number of recent blog posts discussing the benefits of direct sourcing as a contingent workforce management strategy. Said benefits include fostering rapid access to the right talent for special initiatives and the flexibility to release these resources once the need has been addressed. Other benefits involve the ability to stay engaged…

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How to Curate an Enterprise Talent Pool

Part II – Important Considerations for Successfully Executing a Curated Talent Pool Strategy In Part I of this two-part series, we explored the definition of a curated talent pool for enterprise workforce management, the primary objectives of the strategy and how to embark on executing said strategy within your organization. In Part II we’ll examine some…

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Creatively Leveraging Direct Sourcing to Offset Pandemic Uncertainty

The recent shift in workforce trends catalyzed by the pandemic has further strengthened the case for a flexible and robust external workforce to succeed during the difficult times. Trends already suggest an outsized role in contingent workforce utilization as a response to the new paradigm for work and workforce planning/composition. Post Covid-19 crisis, the dependency…

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Is a Payroller the Same as an Employer of Record?

In Part One of this ongoing series, we examined the important distinctions between contractors and independent contractors in the contingent workforce management industry. That post helped clarify labor types. Today’s post examines a pair of services/service providers used in contingent workforce management that are often mistaken for one another but are not the same, despite…

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PEO or EOR – Aren’t They the Same? Which Is Better for Your Organization?

Professional Employer Organizations or ‘PEOs’ provide a valuable service to business organizations interested in outsourcing their workforce management or human resources functions. This post will explain the basic definition of the PEO solution. It will also clarify some of the confusion around the difference between a PEO and the Employer of Record (EOR) solutions which…

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

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…

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Dept of Labor to More Broadly Recognize Gig Economy Worker Classifications

The Wage and Hour division of the US Department of Labor (WHD) recently issued a letter that seemingly reverses the DOL’s position on the nature of gig economy workers and their classification as independent contractors. Here’s the latest on this issue which is of great import as the number of virtual marketplace companies (VMCs) continues…

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Contingent Workforce 101 – Some Fundamentals

Here at the nextSource blog, we often focus on providing simplified, easy-to-digest explanations of some of the latest, advanced processes and technologies being adopted by innovators in the human capital management industry. Today, though, we’re going to return to basics, because we know not all organizations are advanced in their workforce management know-how and understanding.…

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Higher Education: Learning to Love Workforce Management Solutions – PT 1

A broad and growing array of services and tech solutions for managing contingent is being embraced and adopted by industries of every kind. Historically, in the higher education vertical, the need for such solutions hasn’t been pressing until recently. Growing interest is due to developments which make non-employee workforce elements more necessary and attractive to…

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