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Risk And Compliance When Direct Sourcing (This is Non-Negotiable!)

CMMA Blog

Using your own talent pool can be a wonderful way for businesses to meet their contingent workforce needs. Direct sourcing is the practice of finding and recruiting talent and then building, nurturing, and drawing from an internal network rather than enlisting a third-party. It’s an increasingly popular (and feasible) option and it has many benefits. Still, there’s one aspect of the practice that businesses must be absolutely sure to get right: risk and compliance!

Benefits of Direct Sourcing

Direct Sourcing allows businesses to place workers on a temporary basis, while keeping the best workers in the pipeline between projects. Building and nurturing an internal network means companies can draw from their own well, so to speak. There is no third party that will ever know a company and its needs better and cutting out the middle man can make the process quicker and more economical.

Risk And Compliance When Direct Sourcing

While finding your own talent and building your own network has many benefits, businesses need to be in position to do it in a way that protects them from liability. It’s not the glamorous part, but one of the most important parts to get right when direct sourcing is anything associated with risk, compliance, and payroll. Mitigating risk requires specialized skills, a great depth of knowledge, and a department with enough bandwidth to understand and follow rules on a state and federal level.

What’s at Stake?

You know who’s paying a lot of attention to all things risk and compliance? The government. As such, errors can be incredibly costly. In addition to heavy fines, offending businesses face damage to reputation and loss of resources–both financially and otherwise. The rules around classification and payroll vary from state to state and on a federal level as well. Regulations change frequently as well and hiring organizations must do due diligence to make sure they keep their practices compliant and their businesses in good standing. Any company using direct sourcing simply must also include effective independent contractor classification and payrolling services as a part of its plan.

Does Engaging a Partner Make Sense?

If there are any gaps in knowledge or capacity when it comes to risk compliance, worker classification, and payroll, engaging a partner makes good business sense.  In most cases, any company that doesn’t have a specific department to fill these roles will benefit greatly from engaging a partner with the appropriate bandwidth and skills. The best partner will be able to handle every worker type a business employs and will be equipped to handle everything related to risk, compliance, worker classification, and payroll for a contingent workforce.

When direct sourcing talent, many businesses find an Employer of Record (EOR) that takes care of all the administrative details of managing a contingent workforce is an indispensable part of their team.

If you’re considering whether an EOR would be helpful to your business, contact us ! This is our jam.  

The post Risk And Compliance When Direct Sourcing (This is Non-Negotiable!) appeared first on PayReel .

To view our Partner blog, click here

Do You Need Payroll Services? This 2-Minute Quiz Will Help You Decide

CMMA Blog

Time is money. And when you have a tendency to get buried under onboarding, vendor payment, classifying temporary employees, and other hiring details, time is priceless.

10 Questions to Determine Whether to Hire Someone to Handle Your Payroll

  1. Do you regularly hire independent contractors and/or temporary employees?
  2. Is hiring and onboarding one of the most time-consuming parts of your role?
  3. Do your payment processes or corporate legal concerns cause frustrating bottlenecks?
  4. Is your desk/desktop cluttered with binders, folders, and paperwork?
  5. Have you ever made a bad hire due to a time crunch?
  6. Do you get pulled into fighting payrolling fires more than once a quarter?
  7. Would a high level of service free you up to focus on other aspects of the business?
  8. Do concerns about compliance, worker classification, IRS audits, and workforce headcount keep you up at night?
  9. Have you ever lost favor with one of your best contractors by paying late?
  10. Do you have a reputation among contractors for paying late?

1-4 Yeses: Not everyone needs a service like PayReel. Startups and small businesses can often handle their own payroll.

5-8 Yeses: Hiring a payroll service would take a load off your plate and free you up for the parts of your business you do best. Give us a call to identify your biggest challenges and how a payroll service could address them.

8-10 Yeses: We need to talk. Today. Your blood pressure probably went up as you read the list above. For those who need quick/frequent access to qualified contractors or who want to take all the risk out of dealing with the independent workforce, PayReel is a headache free solution. PayReel’s independent workforce engagement solutions make classifying, onboarding, and paying your freelancers painless, paperless, and personalized.

If you think you’d benefit from a payroll service, contact us . It’s about time.

The post Do You Need Payroll Services? This 2-Minute Quiz Will Help You Decide appeared first on PayReel .

To view our Partner blog, click here

Most Common Behavioral Interview Questions

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The most common behavioral interview questions are designed to assess your ability to handle various types of challenges and situations that may come up in the workplace . They are typically asked in addition to, or instead of, more traditional questions about your qualifications and experience.

While there is no right or wrong answer to behavioral interview questions, it is important to be prepared to answer them in a way that highlights your skills and abilities. Here are some tips:

  • Be prepared to talk about specific examples of times when you have faced challenges or difficult situations in the workplace.
  • When answering behavioral interview questions, focus on how you coped with the situation and what you learned from it.
  • Be honest about your answer. The interviewer is not looking for you to have handled the situation perfectly but rather wants to see how you coped with it and what you learned from the experience.
  • Practice your answers to behavioral interview questions ahead of time so that you feel confident and prepared when the time comes to answer them.

Here are some of the most common behavioral interview questions you could encounter in a job interview.

  1. What is your greatest strength?
  2. What is your greatest weakness ?
  3. Tell me about a time when you had to overcome a challenge.
  4. Tell me about a time when you had to deal with a difficult customer or co-worker.
  5. Tell me about a time when you had to go above and beyond what was expected of you.
  6. Tell me about a time when you had to make a tough decision.
  7. Tell me about a time when you had to deal with a difficult situation.
  8. What are some of the most difficult challenges you have faced in your career?
  9. What are some of the biggest accomplishments you have achieved in your career?
  10. How have you handled difficult situations in your career?

There are several advantages to behavioral questions. They can help assess your ability to handle various types of challenges and situations, which can be helpful for employers in determining if you would be a good fit for the job. Additionally, behavioral questions can help you stand out from other candidates by giving you an opportunity to highlight your skills and abilities. Finally, preparing for behavioral questions ahead of time can help you feel more confident and prepared during your interview.

Answering these most common behavioral interview questions honestly and focusing on what you learned from the experience can help you impress potential employers and land the job you want. Practice your answers ahead of time so that you feel confident and prepared when it comes time to interview.

The post Most Common Behavioral Interview Questions appeared first on Maslow Media.

To view our Partner blog, click here

Beefing Up the Mid-Range – Introducing the ActiveScale P200 Platform

ActiveScale

With the addition of the new mid-range ActiveScale P200, we have completed the platform refresh across the entire ActiveScale portfolio, providing significantly enhanced performance and density across all price points. To meet the increasing need for object storage, ActiveScale cost-effectively scales from terabytes to exabytes and is the only object storage platform architected for both active and cold data.

p200
The ActiveScale P200 Object Storage Platform

The P200 – Start Small, Grow Big

The P200 is our new mid-range solution, based on a simple, converged architecture that consolidates computing, networking, and storage into a simple 3U building block for easy deployment and expansion. The ActiveScale P200 easily grows by adding multiple P200s together for unlimited scalability of capacity, performance, and object count to start small and grow big. Even as a 3U 3-node configuration, the P200 packs a lot of power in a dense package. Compared to the ActiveScale P100, on a per rack basis, the P200 provides:

  • 1.9X more capacity
  • 2.4X greater PUT performance
  • 2.7X greater GET performance
  • 6.25X more objects

In a 36U rack, a 12-node P200 scale-out cluster packs a lot of punch:

  • 7.8 petabytes of Active Class storage
  • 15 billion objects
  • Measured performance up to 37.8 GB/sec GETs and 31.9 GB/sec PUTs

The P200 replaces the P100 in the ActiveScale product line. But rest assured, no man (or node) gets left behind. Existing P100 customers preserve their pre-existing investment in P100s with the ability to expand their P100 clusters with P200 platforms, not only maximizing their investments in P100, but also capitalizing on new levels of capability and density of the P200.

The Foundation for the Next Evolution in Object Storage

In addition to being a powerful platform for any object storage need, the P200 is an ideal choice upon which to build your unstructured data management strategy. Undoubtedly, data is well recognized today as a strategic asset. Entire industries are digitally transforming with the opportunity to extract significant value from a wide variety of digital data sources. Whether you are producing petabytes of data through gene sequencing, satellites, user activities, or market data, the need to store, analyze, protect, and archive, more and more data is growing unabated.

As the only object storage platform that supports Active and Cold Storage Classes, the P200 allows you to keep more data at lower cost and access that data whenever you need to without expensive fees or complex recovery procedures.

ActiveScale P200 3GEO with Active and Cold Data

3geo
Self-protecting and disaster-tolerant expansion at up to 80% less cost using ActiveScale Cold Storage

The requirements for the next generation of massive data stores are not only that they be self-protecting and disaster-tolerant, but also that they scale cost-effectively. P200 meets this need as a powerful disaster-tolerant solution through its ability to deploy across multiple data centers with full redundancy and non-stop access even in the case of a site failure. Using three P200s, a petabyte scale cluster can be geospread across three data centers.

As data needs grow, requirements may be met by adding P200’s for active data. But moreover, as content ages, many organizations are best served by adding cold data resources at lower cost, by deploying ActiveScale cold storage , based on Two Dimensional Erasure Coding (2D EC) and the Quantum RAIL architecture. By adding just one tape library at each site, long term cold storage costs can be reduced by up to 80%.

A Powerful Platform Portfolio

The addition of the ActiveScale P200 platform completes an aggressive plan to upgrade the entire ActiveScale portfolio based on a common converged architecture. With scalability from terabytes to exabytes, ActiveScale meets the need for simple, secure, protected data platforms for backup, recovery, and content management in small commercial enterprises to the unstructured data needs of the most demanding and complex IT environments. ActiveScale provides scalable, cost effective, no compromise solutions to meet the growing demand to extract more value from these growing data stores.

ActiveScale Object Storage Platform Portfolio

ASCS Portfolio

For more information, you can download the ActiveScale datasheet here .  

The post Beefing Up the Mid-Range – Introducing the ActiveScale P200 Platform appeared first on Quantum Blog .

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