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Trends In Outsourcing: How Suppliers Are Meeting Demands In a Challenging Talent Market
In an era where skilled professionals are in high demand and hard to find, companies across industries are increasingly turning to outsourcing partners to fill critical roles. The outsourcing landscape has evolved significantly, shifting from a cost-saving measure to a strategic partnership that helps organizations meet their talent acquisition goals.
In 2023, nearly 70% of businesses reported an increased reliance on outsourcing to navigate the competitive job market, according to a recent report by the Society for Human Resource Management (SHRM). Today, we explore the trends shaping the outsourcing industry and how providers are innovating to meet the demands of this challenging market.
Executive Search Expertise In Outsourcing
Outsourcing providers are moving beyond traditional staffing methods by incorporating executive search principles into their recruitment strategies. Historically reserved for C-suite and senior roles, executive search methods are now applied across all levels, allowing outsourcing suppliers to ensure candidates align both technically and culturally with client organizations.
Providers are investing time in understanding each client’s organizational culture, values, and specific job needs before beginning their search. By tailoring sourcing strategies — such as targeting hospitality backgrounds for customer service roles — outsourcing partners improve the quality of their placements and increase long-term success. This approach has led to better job matches, improved retention rates, and enhanced client satisfaction.
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Why So Many Great Lawyers Stink at Business Development and What Law Firms Are Doing About It
Why is it that those who are best skilled at advocating for others are ill-equipped at advocating for their own skills and what to do about it?
Bankruptcy Sales: Finding a Diamond In the Rough
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
The DOJ's Corporate Enforcement Policy: One Year Later
The DOJ's Criminal Division issued three declinations since the issuance of the revised CEP a year ago. Review of these cases gives insight into DOJ's implementation of the new policy in practice.
A Lawyer's System for Active Reading
Active reading comprises many daily tasks lawyers engage in, including highlighting, annotating, note taking, comparing and searching texts. It demands more than flipping or turning pages.
Blockchain Domains: New Developments for Brand Owners
Blockchain domain names offer decentralized alternatives to traditional DNS-based domain names, promising enhanced security, privacy and censorship resistance. However, these benefits come with significant challenges, particularly for brand owners seeking to protect their trademarks in these new digital spaces.