Part II – Important Considerations for Successfully Executing a Curated Talent Pool Strategy In Part I of this two-part series, we explored the definition of a curated talent pool for enterprise workforce management, the primary objectives of the strategy and how to embark on executing said strategy within your organization. In Part II we’ll examine some…

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Part I – What is a Curated Talent Pool and How to Build One It takes a multi-pronged approach to sourcing talent in today’s sprawling and segmented workforce management environment. Relying on outside sources like staffing agencies alone is simply not enough. That’s why the most successful workforce management operations are developing their own enterprise…

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The recent shift in workforce trends catalyzed by the pandemic has further strengthened the case for a flexible and robust external workforce to succeed during the difficult times. Trends already suggest an outsized role in contingent workforce utilization as a response to the new paradigm for work and workforce planning/composition. Post Covid-19 crisis, the dependency…

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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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An MSP or Managed Service Provider is a service that enables customer organizations to outsource the responsibility for maintaining a range of business processes and operational functions in order to deliver the benefit of technology solutions and services instead of managing said processes internally. MSPs typically manage services procurement, staffing supplier relationships, and other talent…

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nextSource recently had the opportunity to address the HR Alliance in Washington DC. The topic that was on the minds of many in the audience was the Gig Economy. The audience was seeking to understand this mushrooming new labor channel. The most obvious question is, “What is the Gig Economy?” The gig economy refers to…

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A broad and growing array of services and tech solutions for managing contingent is being embraced and adopted by industries of every kind. Historically, in the higher education vertical, the need for such solutions hasn’t been pressing until recently. Growing interest is due to developments which make non-employee workforce elements more necessary and attractive to…

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As we approach Veteran’s Day, many veterans will hear, “thank you for your service.” Kind words many patriotic Americans like to offer to veterans who’ve put their lives and time on the line to serve in our armed forces. While our service men and women returning from active duty surely appreciate the sentiment, it’s safe…

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It’s no surprise that hiring organizations are hesitant to increase their rates to attract in-demand talent. However, this may be a costly mistake and the organizations that understand why will reap significant cost savings on labor going forward. Here’s why. The Washington Post recently reported on the stagnation in labor pay rates afflicting the American…

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