|The Growing Trend of Outsourcing|
|Written by Shawna Ruppert|
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Although many businesses have been outsourcing portions of their work for years, outsourcing is still growing more popular by the day. Type the word into any search engine and you will find a plethora of sites that offer outsourcing services. Freelancers from all walks of life are also available for such tasks as copywriting, web design, programming, photography, sales and marketing and even telemarketing. Of course, there are also several other fields that freelancers work within and all are just waiting for a business owner to contract their services.
So why is outsourcing so popular? Well, to be honest, I think that it has a lot to do with the high prices of union employees, the increased cost of company paid benefits, workman’s comp insurance, 401K matches and the sort. Many a small business owner is thankful to not have to come out of pocket for those additional costs and that is the main reason that outsourcing is King.
Let’s think about it for just a moment. How much does one employee cost a business owner? It may not seem like a great deal when it’s just one employee in a huge company; however, when it is one employee in a small company, the price is extravagant to say the least. Business owners will find that outsourced work is paid at a rate that is comparable to the hourly pay of an employee but without the additional cost of any benefits. This could save the business hundreds, if not thousands of dollars, on a monthly basis. Of course, this is dependent upon the amount of work that a business actually chooses to outsource.