Law.com Subscribers SAVE 30%

Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.

Trends In Outsourcing: How Suppliers Are Meeting Demands In a Challenging Talent Market

By Kate Post
December 01, 2024

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.

Read These Next
The DOJ's Corporate Enforcement Policy: One Year Later Image

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.

The DOJ's New Parameters for Evaluating Corporate Compliance Programs Image

The parameters set forth in the DOJ's memorandum have implications not only for the government's evaluation of compliance programs in the context of criminal charging decisions, but also for how defense counsel structure their conference-room advocacy seeking declinations or lesser sanctions in both criminal and civil investigations.

Use of Deferred Prosecution Agreements In White Collar Investigations Image

This article discusses the practical and policy reasons for the use of DPAs and NPAs in white-collar criminal investigations, and considers the NDAA's new reporting provision and its relationship with other efforts to enhance transparency in DOJ decision-making.

Bankruptcy Sales: Finding a Diamond In the Rough Image

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.

A Lawyer's System for Active Reading Image

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.