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Why Do You Need to Outsource Customer Service Solutions to a BPO with Low Attrition Rate?

Magellan Solutions

While pricing and services are important factors, you should also consider the attrition or turnover rate of the BPO company. This will give you an idea how long an agent can work for your business. Here’s the average attrition rate of the BPO industry in the past decade: Year. Average Attrition Rate for the BPO Industry.

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Is Outsourcing Offshore Right for You? Pros and Cons

Magellan Solutions

The global BPO market is projected to reach $525 billion by 2030 , growing at over 9% annually. Google started offshoring in 2011 when it sent 1,000 customer support jobs for its AdWords product to contact centers worldwide. For its software development work, Google partnered with Cognizant, which has offices in the US and India.

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Top Outsourcing Destinations in the World

Magellan Solutions

While anyone can hire outsource services, it’s a challenge to find a reliable and proven BPO company as everyone claims to be ‘the best’ or ‘the top’. . Countries are competing to maximize this huge potential to provide quality jobs to its people through outsourcing. Million people working in the BPO sector. They have about 1.1

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Back Office Outsourcing In The Highly-Competitive Marketplace

Magellan Solutions

A 2015 Business Development Bank of Canada research paper entitled, “SMEs and Growth: Challenges and Winning Strategies” also found out from their survey findings that 64 percent consider rising operating costs as a major challenge facing SMEs’ growth. How much can business owners save through outsourcing?