Topics: Outsourced Staffing Services, Recruitment Process Outsourcing, staffing outsourcing
Posted on December 15, 2020
Written By Alok Kumar
Global market size of outsourced/offshore services from 2000 to 2017 has almost doubled from $45.6B to $88.9B, with a clear indication that businesses are keen on offshoring.
Additionally, India as the leading offshore business delivery center has considerably improved upon factors such as financial attractiveness, people skill, and availability by more than 1 point.
Another study reveals that since the Great Recession in the United States, the country had outsourced/offshored more than 2.4 million jobs. In fact, 57% of companies in the United States increased their use of outsourcing, while 34% significantly restructured outsourcing agreements.
On the similar lines, staffing industry in the US rely heavily on offshoring recruiting processes. Below is an Infographic highlighting 7 compelling factors for why you should offshore recruitment functions.
Originally published Dec 15, 2020 12:12:16, updated Nov 24 2021
Topics: Outsourced Staffing Services, Recruitment Process Outsourcing, staffing outsourcing