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 it time to start rehiring some of the workforce resources your organization may have furloughed or laid off due to COVID-19? Many hiring managers are grappling with the decision as great uncertainty remains regarding the tentative resumption of regular business activity. Here is a great way to approach the decision within your own operation…

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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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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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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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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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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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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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There are a myriad of challenges facing organizations with respect to workforce planning in a labor environment growing more complex by the year. This is why so many small and mid-sized businesses (SMBs) are following the lead of large enterprises in engaging third-party solutions to address problems such as talent gaps, worker classification, tax filings,…

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Have you ever wondered why companies partner with EOR firms to payroll pre-identified candidates? It’s all about the cost savings, efficiency and expertise an EOR firm can provide to organizations to help them save time and money. Employers of record or “EOR” firms act as a surrogate employer for their customers. EORs fulfill the legal…

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