Job outsourcing is now a growing trend
For most, outsourcing carries a negative connotation — the term is associated with job loss in the U.S. and moving employment opportunities to countries to pay cheaper wages.
But the reality is, with a flailing economy, outsourcing has emerged as a necessity, and the numbers don’t lie.
According to a research study conducted by KPMG, outsourcing is not going away anytime soon. Eighty-nine percent of companies that use these services claim that they will continue to do so in the future.
Some other statistics to consider:
- 47 percent of companies that outsource employment feel it creates new opportunities that would not be possible otherwise;
- 42 percent claim that outsourcing has benefitted their company financially;
- 27 percent feel outsourcing has elevated their company to a more competitive level.
