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Nearly Half of HRO Transactions Have Offshore Component; Healthcare, Energy Sectors are Highest HRO Offshore Adopters, Followed by Manufacturing, Telecom
Human resources functions, led by benefits, payroll, employee data management and HR information technology, are increasingly moving offshore, according to Everest Research Institute's HRO Market Update -- Offshore Adoption. The new report, which focuses on offshore adoption trends among buyers and suppliers of HR outsourcing services, found that almost half (44 percent) of the more than 70 major HRO transactions currently in force have an offshore component. This number is expected to increase as HRO suppliers continue to invest in their offshore capabilities.
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