Employment Figures Peaks Thanks To Outsourcing
Outsourcing is the concept whereby companies and individuals can outsource their
workload to third parties, with an aim of cutting costs and reducing their own workloads. With many websites offering this type of service, and many companies sharing out tasks in this way, its no surprise that employment figures are slowly starting to peak again. Could this be the working way of the future?
Companies generally outsource work to save money, but of course the pros of the concept are so much more than just this. Outsourcing allows companies to expand and take on more work, without the need to invest in the company some more. For example, the freelancer or outsourcing company is simply paid for the work they complete, on a pay-as-you-go basis, going some way to ensure that only the time spent on the task is paid for.
Another great benefit of outsourcing is the increase seen in productivity. When given tasks one at a time, being paid after each task, this is a perk in itself, and freelancers can often concentrate on the task is hand completely rather than half-heartedly, as they may do so if theres a heavy workload waiting for them. This way of outsourcing allows companies to extend their working hours, whilst also allowing their completed workload to increase at the same time, often for a significantly lower cost than that found on the high street. For example, in nine out of ten cases, its cheaper to outsource work to a freelancer than to approach a large business for the same service.
With good management, outsourcing can be a huge benefit for companies. Providing a good relationship is maintained between the third party and those who directly mange the business, then the working relationship can be one thats very successful. Some companies go wrong with outsourcing by not keeping on top of what it actually is that the freelancer or outsourcing company is working on, and this is crucial. Business must always keep in contact with the third party, just as they would with their own employees, to ensure the desired outcome is achieved.
Although at first understanding of the concept it may seem as though outsourcing sends many jobs overseas, it actually creates a significant amount at home, too. Whether its for students or those who are unable to attend work, or even those currently between jobs, outsourcing is a fantastic way to boost someones career and help a number of companies.
by: Tim Bisley
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