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…

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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…

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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…

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Like so many other industries, the Higher Education industry is sailing through uncharted waters when it comes to the use and utilization of contingent labor resources in a pandemic age. Prior to the outbreak of COVID-19, Higher Ed had been working to strike the most effective balance between the stability of full-time, tenure-track faculty and…

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Think of it this way, all recruiting is talent acquisition, but not all talent acquisition is focused on recruiting. Talent acquisition describes the long-term process of planning the overall composition of the workforce and the best practices for delivering the goals set forth. Recruitment is the short-term process of filling a role with the right…

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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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Tail spend is defined as the roughly 20% of a procurement department’s spend allocated to non-core transactions. Typically, this is spend on items not significant enough to be run through a procurement process, typically due to a high volume of small suppliers and limited in-house resources available to manage them. For most organizations engaging niche…

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With so many members of the American workforce migrating from the ranks of traditional W2 wage-earning positions toward the flexibility and autonomy of gig economy jobs, business leaders are responding to increasing calls from their HR management for approval to leverage gig economy labor in certain critical roles. The savvy business leader understands that contemporary…

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The rapid growth in adoption of contingent labor among all kinds of organizations has become a burden on the talent acquisition community. Talent acquisition professionals are busy enough grappling with sourcing in a historically low unemployment environment where finding not just bodies to fill seats, but talent that can be developed for longer-term and temp-to-hire…

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As we pause to observe the blessings of American Independence and the freedoms, opportunity and common objectives we all share this Fourth of July, nextSource would like to recognize the role played by workforce diversity in the history and future of our great nation. We wouldn’t be who we are as Americans without the multifaceted…

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