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As Enterprises Scale Their Contingent Workforce, Vendor Management System (VMS) Market Will See 7-10% Growth by 2023 | Press Release

Everest Group

Following a year of stagnation in 2020 (declining 3%), the market for Vendor Management Systems (VMSs) is expected to bounce back and grow at a faster pace (approximately 7 to 11% by 2023) than in pre-COVID times, according to Everest Group. Engineers/IT and blue-collar job roles together account for more than 70% of market share.

Marketing 130
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Accounting AI’s Inherent Problems and How BPO Solves Them

Magellan Solutions

The Problem with Accounting AI and the Role of BPOs. Over 70% of leaders in finance and accounting, advisory and tax services, think that Artificial Intelligence (AI) will affect data-driven insights, according to the EY 2020 Global Tax and Transformation survey. The need for AI specialists and accountants is growing.

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Women in the Workforce 2022 – the Female Labor Crisis

Premier BPO

Women accounted for 55% of the 20.5 million jobs lost ( NY Times ), with higher unemployment rates for women of color (Black women 16.4%, Hispanic – 20.2 %). This crisis has set women back a decade from the jobs and roles they had gained over time – NY Times. among others. Supporting women returning to work.

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The Rise of Retail Investors in Global Capital Markets | Blog

Everest Group

Driven by the pandemic, total equity issuance increased significantly starting in the third quarter of 2020 and remained high until the fourth quarter of 2021, resulting from regulatory support, major rate cuts, and gradual liquidity pumped into the markets by governments across the world.

Retail 130
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A Complete Guide to Hiring Remote Software Developer

Groove Technology

Today’s job market is far from ideal. In 2021, Hired tracked 224,367 interview requests for software engineering roles, up from 106,101 in the heavily pandemic-affected 2020. Remote jobs are almost entirely virtual, with little emphasis on physical, face-to-face interaction. Let’s get started. Remote Developer Types.

Software 130
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Battling Turnover, Attrition, And Minimum Wage Increases with Outsourcing

Premier BPO

An average of 54% in 2020 – 2021. Added unemployment benefits may serve as an incentive to not return to work, completely defeating the purpose of restoring jobs later on. It’s no wonder why some would choose to stay unemployed rather than earn lesser by actually working a job. 45% in 2019. Outsourcing Poised Even Better.

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The 12 Most Important eCommerce Trends for 2022 and Beyond

Groove Technology

As the pandemic subsides, we may see eCommerce penetration decline compared to 2020. Before 2020, online shopping was booming. By 2022, China is predicted to account for roughly a quarter of global retail sales generated by the 60 largest markets, more than twice the amount generated by the US. Challenges from one-time buyers.