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Businesses in nations like the United States, United Kingdom, Canada, and Australia may undoubtedly save a lot of money by employing offshore workers in the Philippines as opposed to hiring full- or part-time workers domestically. The BPO industry in the nation now accounts for 10% of the global market, a threefold rise since 2004.
To understand what nearshoring is, first it’s necessary to understand what offshoring is. Offshoring is a common practice nowadays. Onshoring, offshoring, and nearshoring are all types of outsourcing. Nearshoring vs OffshoringOffshoring and nearshoring are very similar in many ways. This gap keeps getting bigger.
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