Magnit

In our ebook, “4 Contingent Employer of Record Trends Shaping the Future of Work,” you’ll learn about four emerging trends surrounding contingent workforce management and how organizations are turning to contingent EORs to overcome roadblocks. Topics include: - Payroll and compliance becoming complex as organizations expand globally - Friction points in on/offboarding entering the forefront in the war for talent - Contingent worker experience becoming a priority for the C-suite - Data, intelligence, and advisory services emerging in EOR solutions, and more Download the ebook now to gain valuable insights on contingent workforce management shifts and to learn how an innovative contingent EOR partner can help your organization thrive with the evolution of work. https://lnkd.in/g4HS9gtx #contingentworkforce #eor #wearemagnit

The future of hiring is skills-first, not degree-first! In today’s competitive labor market, 87% of companies face or expect skills gaps. AI is transforming the way organizations hire, and 90% of executives are now prioritizing skills over traditional qualifications. But how can companies effectively implement a skills-based strategy? Magnit's SVP of Strategic Advisory, Dustin Burgess, CCWP, breaks down three key steps:? - Build a skills taxonomy to guide your hiring journey.? - Expand talent requirements?beyond traditional credentials.? - Diversify sourcing channels to tap into a global talent pool. By adopting these steps, companies can create a more agile and inclusive workforce. Read more on how to close the skills gap and stay ahead in this HR Daily Advisor article.?https://lnkd.in/gvBPju7S #contingentworkforce #skillsbasedhiring #wearemagnit

Big changes are coming for UK workplaces with the unveiling of the Employment Rights Bill 2024! Key reforms that businesses need to understand include: ? 1???Day-One Rights: Protections like paternity leave and bereavement leave now start on day one.? 2???Extended Probation Periods: Up to nine months for better assessment of new hires. 3?? Zero-Hours Reform: Guaranteed hours after a specified period of employment. 4?? Flexible Working: Becomes the default option, supporting adaptable work environments. ? These changes and others aim to create a fairer, more flexible work environment but will also require businesses to adapt and plan ahead. Read the blog to learn more about the legislation and how your?organization?can best prepare for the changes. https://lnkd.in/gjjjf-yc #employmentrights #contingentworkforce #wearemagnit

In this composite case study, we follow a care home operator managing 14 facilities. Facing escalating recruitment costs, administrative burdens, and concerns about staff quality, the care home operator’s challenges are representative of the wider industry. Download to discover the six-step process care home operators can embark on to optimize their external workforce, and how – by partnering with Magnit – the following outcomes are achieved: - Cost savings: identify and eliminate inefficiencies by renegotiating agency rates and implementing standardized pricing - Enhanced visibility: obtain real-time insights into staffing and costs with an AI-powered VMS - Compliance assurance: rigorous checks to ensure all temporary staff meet required standards - Operation efficiency: streamline the staffing process and reduce administrative burden https://lnkd.in/gB6NvBBU #contingentworkforce #recruitment #wearemagnit

Thank you to our incredible clients for taking the time out of your busy schedules to join us at our Executive Client Summit! We were honored to have economist Gad Levanon engage in a thought-provoking discussion with Magnit CEO Teresa Carroll on critical issues such as wage growth, labor force participation, and global productivity. The inspiring conversations we had around market trends, innovation, and how the Magnit Platform can help clients transform their approach to contingent workforce management were invaluable. Together, we're leveling up the way we work! #contingentworkforce #levelupthewayyouwork #wearemagnit

Exciting news! Magnit has once again been recognized for its industry-leading innovation and functionality! In Staffing Industry Analysts’ (SIA) 2024 reports, Magnit earned top ratings for “Enhanced Functionality” and “Superior” capabilities across categories for both our Vendor Management System (VMS) and Managed Service Program (MSP). This marks the 4th consecutive year that Magnit has achieved outstanding ratings, reflecting our commitment to driving talent-forward strategies through our AI-powered Platform. Learn more here: https://lnkd.in/gxA2qPJ9 #contingentworkforce #levelupthewayyouwork #wearemagnit

Nurse retention is crucial for healthcare success! Our latest blog from Maria Luoni, President of RightSourcing by Magnit, highlights key strategies to reduce turnover in nursing, including: - Exploring flexibility in hiring - Improving organizational culture - Creating a supportive work environment - Providing essential benefits Discover how these approaches can boost nurse satisfaction and improve retention. https://lnkd.in/gtjyvFsP #healthcarestaffing #contingentworkforce #wearemagnit

Unlock the power of visibility and analytics for managing contingent shift workers! Our latest blog explores how data-driven insights can: - Improve decision-making and compliance - Boost operational efficiency - Enhance workforce flexibility and performance Learn how to navigate the complexities of shift-based workforce management with the right tools and strategies: https://lnkd.in/dDkG4ABP #contingentworkforce #workermanagement #wearemagnit

Dive into the future of sourcing with our GES24-Fall Innovation Hall Talks! Hear dynamic presentations on emerging technologies, strategic procurement transformations, and industry best practices. Our speakers: -Georg R?sch, VP, Direct Procurement Strategy at JAGGAER -Dustin Burgess, CCWP, SVP, Strategic Advisory at Magnit -Allison Hart, Product Marketing Manager at Agiloft -Pawana Burlakoti, Head of Product at S&P Global -David Starnes, CCWP, AVP-Sourcing Center of Excellence at Genpact -Shannon Kirk Nakamoto, Director, Legal Industry Solutions at Icertis -Ewan Rankin, GTM Product Solution Director at Samsung SDS America -Matt Power, Director of Customer Success at NPI -Jared Ridgley, Head of Sales North America at IntegrityNext -Bradley Killinger, CEO at Sapience -Bruce Starr, MBA, Strategic Sourcing Advisor at Sapience Find out more about these Talks here: https://lnkd.in/g74WkJue October 7-9, 2024 | Omni Rancho Las Palmas Resort & Spa, Rancho Mirage, CA Register here: https://lnkd.in/gTpB-DeS #sigsummit

Artificial Intelligence (AI) is poised to optimize efficiency, enhance accuracy and accelerate innovation across industries.?How do you see AI most impacting contingent workforce management in the next 5 years?