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…

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Staying 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…

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How to Curate an Enterprise Talent Pool

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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How to Curate an Enterprise Talent Pool

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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Creatively Leveraging Direct Sourcing to Offset Pandemic Uncertainty

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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Recruitment and Talent Acquisition – What is the Difference?

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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What is an MSP?

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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What is the Gig Economy, and Should I Introduce it to My Organization?

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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Higher Education: Learning to Love Workforce Management Solutions – PT 1

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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