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Turning Economic Challenges into Employment Opportunities

hrQ

That’s unlike how most companies think about recessions and recession planning, Mr. Wilkerson said. In the coming year, workforces will increasingly be comprised of different combinations of insourced and outsourced talent. Developing a flexible and cost-effective labor strategy should be a priority. Consider labor automation.

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Navigating the Complexities of HR: Why Outsourcing Is the Way to Go

Hppy

While it may seem counter-intuitive, outsourcing in the Philippines , India, Singapore, Malaysia, Vietnam, Sri Lanka and other countries nearshore and offshore can help enterprises provide their employees with the best employee experiences. There is a thriving global human resources outsourcing market. billion in 2021.

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The “People Supply Chain:” How to Get Work Done Despite Shortages, Scarcity and Rising Costs

hrQ

As organizations plan for 2023 and beyond, they must grapple with talent shortages, rising costs, supply scarcity and a host of other issues that require a new type of strategic plan – one that is agile and resilient. Implement an agile workforce planning process. Do: diversify suppliers and have backup plans.