Procurement
Market Dynamics Driving Talent Scarcity
We’ve entered a time when there are simply not enough workers to manage and grow our companies. At the same time, unprecedented levels of social, political and economic change are redrawing the boundaries and dynamics of the global workforce. The net result is currently manifested in growing scarcity of talent and those responsible for workforce…
Read MoreStaying Ahead of Turbulent Times in Workforce Management
The BLS reported a notable drop in unemployment rates in the US in July, down to 5.4%. The total number of unemployed now sits at 8.7 million, while the number of long-term unemployed (those searching for jobs for 27 weeks or more) fell to 3.4 million. Though elevated compared to accepted “full employment” figures, any hiring organization…
Read MoreWhat’s Driving Post-COVID Hiring – Minimum Age or Minimum Wage?
Without a doubt, the pandemic has turned a lot of the established workforce planning orthodoxy on its head. “Things will never be the same” say pundits as we return to a new normal. Many changes wrought by the rapid onset of the pandemic are likely to remain. Work from home options will likely remain at…
Read MoreJob Growth Is Returning – Where It May Be Felt Most
A return to something approaching normal seems to be on the horizon and the American workforce is expressing increasing levels of confidence as vaccination efforts gain traction. This week, the Forbes Advisor-Ipsos Consumer Confidence Weekly Tracker turned in a week-over-week increase of 3.7%, rising to a confidence level of 65.5 out of a possible 1000.…
Read MoreEverything You Need to Know About Direct Sourcing
We all know that hiring, onboarding and training of the workforce is both time consuming and costly. That’s why it is so painful for many organizations during the pandemic. Sharp drops in demand across numerous industries have forced many to shed headcount. As recovery may occur in unpredictable ways, hiring authorities face an excessive burden…
Read MoreBuilding a Diverse Workforce Management Program
What happens when your commitment to building a diverse workforce is compromised by your need to rapidly source highly sought-after IT talent? By retaining the services of a woman-or minority-owned Managed Services Provider, 100% of all spend flowing through the program would qualify as diversity spend. However, if you are committed to building a truly…
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 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 MoreHow Will Growth of Online Learning Influence Contingent Labor in Higher Education?
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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