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5 Most Commonly Outsourced Jobs
Outsourcing, also known as subcontracting, is the process of delegating peripheral and surplus activities of a business to an external third-party company. This is done majorly to reduce operating costs. Other than this, firms outsource to free up their resources i.e. money, time and manpower so that these could be better invested in core areas of business.
Nowadays, outsourcing has become a common practice for SMEs to expand their business. According to Deloitte’s 2016 Global outsourcing survey, spending on outsourced services in the global market has almost doubled over the last two decades, from $45.6 billion in 2000 to US $86.6 billion in 2018. And it keeps on increasing. Now around 78% of businesses worldwide feel positive about their relationship with their outsourcing company. As a result, 57% of US companies increased their use of outsourcing.
5 Most Commonly Outsourced Jobs
Outsourcing, also known as subcontracting, is the process of delegating peripheral and surplus activities of a business to an external third-party company. This is done majorly to reduce operating costs. Other than this, firms outsource to free up their resources i.e. money, time and manpower so that these could be better invested in core areas of business.
Nowadays, outsourcing has become a common practice for SMEs to expand their business. According to Deloitte’s 2016 Global outsourcing survey, spending on outsourced services in the global market has almost doubled over the last two decades, from $45.6 billion in 2000 to US $86.6 billion in 2018. And it keeps on increasing. Now around 78% of businesses worldwide feel positive about their relationship with their outsourcing company. As a result, 57% of US companies increased their use of outsourcing.