New PayDynamics white paper examines offshoring/nearshoring trends for recruiters

Outsourcing, offshoring, nearshoring, smartsourcing or offsourcing? These are some of the many options that recruiters are grappling with when looking to make economies during recessionary times. Now there is a white paper to help recruitment companies better understand the issues and make informed decisions, from back office services provider PayDynamics. The paper is called ìNearsourcing: Maintaining the balance between quality of service and operational costsî, it is free and downloadable at www.paydynamics.com/assets/docs/offvsnear.pdf

ìIn recessionary times offshoring and nearshoring are becoming increasingly popular as effective ways to reduce operational costs and add value to the bottomline,î said Sandra Robertson, Group Operations Director for PayDynamics. ìOur white paper examines the nearsouring vs offshoring debate and provides advice on the best way to maintain standards while reducing costs.î

Many smaller recruitment companies are being particularly hard-hit during the current tough economic times. The white paper examines how smaller firms can gain the benefits that offshore outsourcing offers to the big boys - cost savings, greater efficiency and an increased skills base, and how to avoid the cultural differences, language barriers and loss of control.

The paper reviews the offshore outsourcing trend and investigates the possibilities of nearshore outsourcing. It examines current thinking - supported by relevant stats and facts - and highlights the benefits and drawbacks of the outsourcing options available to recruiters. The conclusions drawn will help recruiters understand the outsourcing options and make an educated and informed choice when it comes to payroll, factoring and back office service delivery.

ìApart from the downturn, there are additional considerations, not least of which is security, when considering offshoring destinations. Civil and political unrest can bubble up seemingly without warning, putting company assets and personnel at risk, said Sandra Robertson. Nearsourcing offers reassurance in terms of proximity and cultural familiarity to recruiters during this time of uncertainty, allowing them to relax and focus on core business.

ìNearsourcing: How recruitment companies can maintain the balance between quality of service and operational costsî is available to download, free of charge, at www.paydynamics.com.