Remove 2012 Remove Operational Costs Remove Payroll
article thumbnail

Types of Outsourcing: Which Is Right for Your Business?

Magellan Solutions

According to a study by the National Association of Professional Employer Organizations (NAPEO), companies that outsource their HR functions can see an average cost savings of 27.2% – a significant return on investment! But this startup had its sights set on massive growth.

article thumbnail

Everything You Need to Know About the Philippine Call Center Industry

Magellan Solutions

2012 : The revenue of the BPO industry comprised 5.4% Cheaper labor and operational costs. The Philippines offers top-notch voice-enabled services at a lower cost as compared to the ones provided by other countries. In fact, the cost of labor in the Philippines is almost half of that in the US or UK.

article thumbnail

10 Examples of Bad Outsourcing and How to Avoid Them

Magellan Solutions

The Queensland government hired IBM in December 2007 to create a payroll system for the Queensland Health Department. Later, the project had delays and grew to cost $1.2 Moreover, the payroll system never performed flawlessly, resulting in thousands of employees receiving incorrect paychecks. CASE STUDY.