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4 Ways PEOs Can Maintain Profitability Even in an Uncertain Economy

Prism HR

2: Lower-cost offshore or nearshore resources for back office activities can help offset rising costs of recruiting new talent. Wendy Katz Questco No. While we are not advocating for eliminating U.S. Ray Dile Pathway Strategies No.

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The “People Supply Chain:” How to Get Work Done Despite Shortages, Scarcity and Rising Costs

hrQ

A better strategy is to procure labor from a combination of sources — just as companies obtain materials from a mix of onshore, nearshore and offshore. Whether seeking the fastest, the cheapest or the most reliable method of sourcing labor, think about which metric you want to optimize. Record metrics and guideposts. Is it cost?

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What is Offshore Outsourcing? A Complete Guide

HR Lineup

Mexico, Brazil): Proximity to North America makes it an attractive choice for nearshoring. Continuous Monitoring: Regularly review performance metrics to ensure quality and efficiency. Hybrid Outsourcing Models: Combining offshore and nearshore outsourcing for greater flexibility. Eastern Europe (e.g., Latin America (e.g.,

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Why So Many HR Shared Services Initiatives Leave Money on the Table

Intrepid NOW

But to comprehend the full breadth of causes, I will place shared services models in three categories: Waste-for-Less models focus on performing current activities cheaper, usually through a combination of labor consolidation and geographical relocation of activities (offshoring, nearshoring, “ruralshoring,” etc.).