To outsource or not?
With the world in the midst of a financial crisis, it is hardly surprising that people are beginning to see the value of outsourcing.
In fact, you would have to be living under a rock if you didn’t notice many large corporations beginning to outsource their services to foreign countries, where they could receive the same services for only a fraction of what they were paying in their home country! You only have to call one of these companies after hours before you realise you are not talking to someone local!
Typically, when we work for a boss, we are hired to show up at work for a specific number of hours each day. We are paid for these hours regardless of the amount of work we produced. This is the way traditional businesses have done things for many years.
But what if you could pay someone only for what they produce?
In any organisation, allowances are made for non-productive time when the costs of each employee are determined. This is because it is physically impossible for a person to be 100% productive for an entire 8 hour day. And to expect this from an employee is nothing short of slave labour!
But what if you outsourced your work?
I am going to use article writing as an example, because that is what this website is all about – articles!
Ok, so what if you were to pay someone to write articles for your website every day? You have two choices:
- Pay someone to come in for a set number of hours each day
- Outsource this work to someone who specialises in this type of work
Obviously with option 1, you will pay that person for their hours worked, if they produce 1, 2 or 10 articles.
But with option 2, you can agree to pay someone per article written. So for example, if they produce one article, then you pay for only one! If they write 10, you will pay for 10.
As businesses begin to tighten the purse strings, it is easy to see why they are beginning to look to outsourcers to get work done. It saves them time and effort, and of course money, and that is a crucial consideration in these tough times.