A VMS or Vendor Management System is a web-based software application designed to support the procurement and management of staffing services – including temp staff, outside contract or contingent labor – for mid-sized to large businesses and other organizations. VMS solutions enable the effective management of contingent workforce hiring processes from one, easy-to-use platform. A…

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Part Three of a four-part series on the future of work and the developments impacting contingent workforce management focuses on economic trends. This series continues to identify select perspectives contained in the comprehensive “2020 Report – 20 Trends that Will Shape the Next Decade” and other corroborating sources. “Industrializing Countries Emerge as the New Engine…

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Contingent labor as a spend category continues to grow and today represents a significant percentage of overall indirect spend for many organizations. According to Deloitte, some large enterprise organizations report spend focused on contingent workers equals the rest of their entire procurement spend! Many enterprise organizations have already determined that an MSP/VMS solution is critical…

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  With increasing frequency over the last decade, large employers have been inserting clauses into their employment contracts requiring new hires to waive their right to file suit against the employer for any reason. Instead, these agreements required as a condition of employment, that any claims arising within the workplace be instead adjudicated through arbitration…

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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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The National Center for the Middle Market report at the close of the third quarter revealed some interesting perspectives on what SMBs have to look forward to in 2019. This post will digest the key themes and ideas articulated by the report and provide some commentary on the implications. The document reports that, “By every current…

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As reported in Part I of this two-part series, the National Center for the Mid-Market’s Q3 market review trumpeted “strong growth, confidence and optimism” among mid-market organizations of all kinds. With 7.0%, year-over-year revenue growth remaining steady and a well-above average 6.4% growth in employment rates, we suggested that now would be an excellent time…

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“Strong growth, confidence and optimism” screams the headline of a Q3 market review published by the National Center for the Mid-Market. With this positive outlook, there has never been a better time for mid-market organizations to adopt the highly effective workforce management strategies that their larger counterparts are already using. Here is a closer look…

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