We propose redefining your approach to your contingent workforce population with the utilization of Talent Pool. Talent Pool allows your company to break down rigid job constraints by matching the current needs of tasks and projects with previously engaged talent. It houses a robust repository of your talent to allow for easy access and instant click-to-engage work. Below are three benefits your company will experience with Talent Pool:

1. Cost Savings

By having access to mobilize talent quickly, organizations can quickly backfill sick employees, find talent for critical projects, and reduce reliance on staffing agencies. This helps the bottom line with the reduction of time spent searching for talent and the elimination of staffing markups.

2. Scale Faster

The ability to search for candidates who meet the requirements for your open positions in real-time increases efficiency and productivity for your organization. Talent Pool allows your company to filter through talent based on skillset, location, and past engagement ratings to find the perfect fit at a moment’s notice.

3. Maintain Compliance

With ever-changing legislation surrounding 1099 compliance, local laws, and legal documentation, companies are becoming overwhelmed to stay compliant. Talent Pool allows your company to stay GDPR compliant with complimentary compliance checks across markets for all of your workers.

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“Being recognized as an Award-Winning Contingent Workforce Company is such an honor,” says Robyn Ise, CTO of TargetCW. A panel of judges made up of prominent editors and reporters from top-tier publications in North America such as Accounting Today, AdWeek, Associated Press, Baron’s, Consumer Affairs, USA Today, and Wired, among others, looked at over 700 entries and hand-picked StaffingNation as a winner in the Enterprise Category. “It seems to get harder each year to select the best of the best in Best in Biz Awards. As a consumer reporter, it is particularly gratifying to me to see so many businesses striving to enhance the customer experience,” says Mark Huffman, Consumer Affairs.

The EU’s privacy watchdog is predicting that the first enforcement actions under the General Data Protection Regulation (GDPR) will be announced in the coming months. Violations can carry hefty fines up to 4 percent of a company’s global revenue or about $23 million, whichever is higher. Regulators may also temporarily ban companies over violations.

Giovanni Buttarelli, the European Data Protection Supervisor, told Reuters in an interview on Tuesday that regulators have received a flood of complaints about privacy violations since the GDPR went into effect on May 25.

“I expect first GDPR fines for some cases by the end of the year. Not necessarily fines but also decisions to admonish the controllers, to impose a preliminary ban, a temporary ban, or to give them an ultimatum,” Buttarelli told Reuters.

“The fine is relevant for the company and important for the public opinion, for consumer trust. But from an administrative viewpoint, this is just one element of the global enforcement,” Buttarelli said, though he declined to give any hints about which companies were going to see penalties.

GDPR laws also make companies liable for any third-party vendors you contract with and release employee or customer information to. TargetCW has been at the forefront of protecting its clients from unnecessary lawsuits by being one of the first to implement comprehensive GDPR compliance across their organization. If you are currently using an employer of record or staffing agency, you need to ensure they are also GDPR compliant. We put together a helpful website for our clients to vet our compliance. Check it out at www.tcwprivacy.com and see if your current vendors have taken the required steps to prevent a lawsuit.

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source: thehill.com