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The term outsourcing, which came from the phrase outside resourcing, originated no later than 1981 at a time when industrial jobs in the United States were being moved overseas, contributing to the economic and cultural collapse of small, industrial towns. [4] [5] [6] In some contexts, the term smartsourcing is also used. [7]
A 2007 article in DM Review [5] pointed out that there was still a need for specialized outsourcing relationship managers and cited this as a career opportunity. Carnegie Mellon University developed a Sourcing Capability Model to measure the maturity and skills required for effective outsourcing relationship management. [6]
Evidence from Europe also supports such a job multiplier effect, showing local high-tech jobs could create five additional low-tech jobs. [136] Many economists pessimistic about technological unemployment accept that compensation effects did largely operate as the optimists claimed through most of the 19th and 20th century.
If there's one position that both presidential candidates can agree on, and it may be the only one, it's that outsourcing jobs overseas, or "offshoring," is absolutely terrible for American workers.
Human resources outsourcing (HRO) and payroll providers like Gusto or OnPay may provide new-hire reporting, onboarding tools, or other basic HR services. Some also assist with benefits administration.
Mahajan's study also found that for some companies, hiring a foreign worker on an H-1B visa eventually created jobs for American-born workers because the person's skills can help the company grow.
On-demand outsourcing is a trend in outsourcing wherein major internal operations processes of a company are being shifted to a provider that is paid for by the number of transactions involved. The business transferring the services pays for the quality, special skills and the competence of the service provider's employees.
The growing options for outsourcing meal planning, grocery shopping and cooking can be called time-saving blessings or culture-destroying curses. An ever-expanding list of meal kit services ...