Independent contractors
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 MoreWhat 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 MoreRundown 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…
Read MoreTop Five Benefits of Direct Sourcing for Contingent Workforce
Sometimes referred to as “self-sourcing” in the staffing industry, direct sourcing is the process by which a company develops and leverages its own candidate pool to engage as contract workers instead of relying solely on staffing providers. The company typically then turns to Employer of Record, Agent of Record, or Managed Service Provider firms to…
Read MoreThis Veteran’s Day nextSource Observes the Top 10 Reasons to Hire Those Who’ve Served
In observance of Veteran’s Day 2020, nextSource would like to take this opportunity to not only thank every single man and women (and the families supporting them) who have served with honor and dignity to protect our most cherished freedoms and ideals. Those who answer the higher calling to serve their country are an especially…
Read MoreCA Voters Pass Ballot Initiative Protecting Gig Platforms’ Worker Classification Practices
In what could be the final chapter in the “Uber Saga” (a title this blog has dubbed the ongoing legal wrangling between labor rights activists and the corporations behind Uber, Lyft and other gig-economy tech platforms), California’s Proposition 22 was passed on Election Day 2020. For those who may not have been following our coverage…
Read MoreIC 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…
Read MoreEverything You Wanted to Know About Contingent Workforce Definitions but Were Afraid to Ask
With apologies to Woody Allen and his famous movie of similar title, we’re dedicating this post to helping clarify misconceptions about contingent workforce elements that are commonly misunderstood. While not quite as titillating as the subject of sex, there are still a good number of terms, positions and ideas that contingent workforce professionals use, and…
Read MoreExploring Technology Options to Support Direct Sourcing Initiatives
In earlier blogs we discussed the emergence and benefits of direct sourcing. Direct sourcing is defined as the process by which a company develops and leverages its own candidate pool to engage as contract workers instead of relying solely on staffing providers. Earlier posts on this topic outlined the efforts needed to build a curated talent pool,…
Read MoreThe Importance of Talent Diversity (Not to be Confused with Supplier Diversity)
Why is talent diversity important to your workforce composition and is it the same as supplier diversity? This post will focus on the significant benefits of fielding diversity talent and help clear up confusion about the difference between diversity talent and the frequently mistaken benefits of supplier diversity. First, let us quickly define the tenets…
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