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Posts Tagged ‘Offshore staff leasing’

Outsourcing Global Statistics

Posted on: February 1st, 2011 by admin 2 Comments
tgu 221x300 Outsourcing Global Statistics

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By now it should be obvious that outsourcing saves corporations time and money. However, it is helpful to examine global trends and statistics regarding outsourcing. Despite the recent global recession, outsourcing has grown by 4% in 2009, with an average annual growth of 9.7% since 2005. Not only is the industry growing rapidly, but the market value is over $580 billion.

Outsourcing is divided into three categories: Information Technology Outsourcing (ITO), Business process outsourcing (BPO), and Electronic Data Processing. ITO makes up almost 50% of the market, BPO makes up about 43% of the market, and EDP makes up the remaining 7%.

The outsourcing outlook for the coming years looks promising. As the world emerges out of the global recession, the outsourcing industry will return to higher growth rates. According to Datamonitor, the market will grow 5.4% in 2010, and 7.2% in 2011 with $660 billion in revenue by the end of 2011. By 2014 it is expected that the market value will be around $875 billion with 10% growth!

A great majority of industries have experienced declines in market growth due to the current global recession. Outsourcing has not been immune to the economic downturn we have been facing, but it has not stopped companies from implementing outsourced processes into their business. Because of the significant savings that outsourcing offers, companies are able to stay in business by outsourcing.

If your company is considering business process outsourcing services of any kind, including information technology, consider this; the outsourcing services industry is not showing any signs of slowing down. Many other corporations are outsourcing to save money and improve the bottom line, so why shouldn’t you do the same? Whether you are a small, medium, or large corporation, contemplate the pros and cons of outsourcing and give it a try.

Why Offshore Staff Leasing?

Posted on: August 16th, 2010 by admin 2 Comments
sscreations5 300x225 Why Offshore Staff Leasing?

With the global marketplace becoming more and more integrated, companies of all sizes are competing for customers and market share.To compete with large corporations, small and medium sized businesses need access to the talent pool and cost savings provided by the global offshore workforce. These businesses can turn to traditional Business/Knowledge Processing Outsourcing (BPO & KPO), but these options are often limited to larger companies and don’t give businesses control over their work product. Offshore staff leasing is an attractive model for businesses that want the cost savings of offshore labor and still retain control of their work product. A few advantages of Offshore Staff Leasing include:

Cost Savings:

For highly skilled positions like programmers, designers, developers, and internet marketers savings can be as high as 80%. Savings on more basic positions like live chat, customer service, tech support, virtual assistants, writers, and researchers savings can reach 50% compared to domestic rates.

Simplicity:

Offshore staff leasing takes the pain, hassle, and cost out of hiring an offshore employee. The offshore employee is the legal employee of the staff leasing firm and leased to clients on a full-time basis. This means that the staffing company takes care of hiring, benefits, taxes, workstation, computer, technology and client can focus on maximizing the work product of their offshore employees.

Quality/Control:

In the staff leasing model, clients manage the work product of their offshore employees giving them control of the timing and quality of their work product. Clients are incentivized to invest time and resources to train and manage their dedicated offshore employees to maximize the quality of work product and long term development of their offshore team.

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