Independent contractors
Gauging the Impact of COVID on Contingent Workforce Utilization Levels
The pandemic year of 2020 has wrought unimaginable changes across every facet of the global economy. Virtually overnight, entire industries have been decimated while others have experienced unprecedented spikes in demand for their products and/or services. Every employer has had to make on-the-fly corrections to their workforce management strategies to adapt to their new situations.…
Read MoreThe Current State of Labor Markets Reveals Ongoing Damage of COVID
Labor markets still face an extraordinary challenge in returning to anything resembling the healthy, low-unemployment environment that existed before the onset of the COVID-19 pandemic. While there are some bright spots in the latest workforce data, the fact is we’re a long way from a return to full employment levels. Here’s some of the latest…
Read MoreThis Year, Labor Day Holds Renewed Significance
Labor Day is upon us again and this year, the national holiday takes on a renewed sense of purpose. Labor Day was originated in 1894 to recognize the American Worker at a time when working conditions were severe and dangerous. Meant to honor and recognize the American labor movement and the works and contributions of…
Read MoreUber’s Temporary Reprieve Postpones Precedent-Setting IC Classification Court Ruling
In a case watched very closely by the contingent workforce management industry, an appeals court in California granted the request by ride-sharing leaders, Uber and Lyft to halt an order that would have compelled the two companies to classify their drivers as employees instead of independent contractors (ICs). The saga of Uber and other similar…
Read MoreOn the Legal Battle Over H-1B Visas Recently Revoked by Executive Order
The timing couldn’t be worse. With significant disruption to normal workforce management operations due to the pandemic, President Donald Trump has added another burden to workforce planning, issuing an executive order suspending the entry of H-1B visa holders into the US. Leveraged by IT companies, manufacturers and others, H-1B visas have been a critical talent…
Read More7 Ways to Support Working Families During a Pandemic
It’s been said the most valuable asset within any organization is its people. A strong, well-managed workforce is essential to the productivity and ultimately, the profitability of any enterprise. In today’s COVID-19 ravaged operating environment, the workforce is experiencing more stress and discomfort than at any other time in several generations. Those fortunate enough to…
Read MoreWhat’s the Difference Between Staff Augmentation and Staff Supplementation?
In Part One of this ongoing series, we examined the important distinctions between contractors and independent contractors in the contingent workforce management industry. Part Two examined the difference between a Payroller and an Employer of Record (EOR)? The third and final installment of this series examines the distinction between Staff Augmentation vs. Staff Supplementation. Aren’t they…
Read MoreA Lifeline Now Available to Unemployed Contractors During COVID-19
It has been noted, especially by those who are independent contractors, gig economy workers and freelancers, that the government assistance money provided by the Federal government to offset the economic/labor disruption caused by COVID-19, was not readily accessible to those who didn’t hold a W2 job. With the increased numbers of those workers who fall…
Read MoreWhat’s the Difference Between Contractor and Independent Contractor
One of the ways nextSource delivers value to its customers and to the broader workforce management industry is by helping educate customers and other practitioners alike in the sometimes complicated and rapidly changing business. There are numerous terms, practices, strategies and processes that fall under the aegis of contingent workforce management. Often the terminologies used…
Read MoreThoughts on the Global Economic Outlook and Impacts on Workforce Management
As individual nations and broader regions feel the effects of the Novel Coronavirus on their respective economies, each is experiencing its own set of consequences, unemployment rates, peaks and valleys of workforce supply and demand, and other impacts. This post will examine how economies outside the US are faring and how the radical changes wrought…
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