Payroll outsourcing benefits, advantages of outsourcing
Workers have the freedom to take jobs that would otherwise be hard to find, according to a new study by a consulting firm.
The study, commissioned by outsourcing giant Ingersoll-Rand and funded by the consulting firm McKinsey & Co., found that more than two-thirds of the jobs created in the past decade were outsourced.
More than half of the outsourced jobs were for health care workers, the report said.
For healthcare workers, outsourcement is the next logical step after being fired from their jobs because of health care cost concerns.
According to the report, nearly a quarter of all healthcare workers who lost their jobs in 2016 are now outsourced, and more than 40 percent of them are now in outsourcing jobs.
The McKinsey study was released in conjunction with the National Association of Realtors’ Annual Healthcare Outlook and found that almost half of all companies who reported having an outsourced workforce in 2017 had more than 200 healthcare employees.
McKinsey surveyed more than 400 healthcare professionals, providing them with a list of their biggest and most important employers.
The survey found that nearly a third of healthcare professionals said they had at least one outsourcing employee and nearly half of those said they worked in a healthcare facility.
The research was based on a survey of 1,073 healthcare professionals who worked in private, public, or hybrid insurance plans in the U.S. In addition to healthcare professionals and healthcare facilities, the McKinsey survey also looked at jobs that might be outsourced to the public sector or the private sector.
About 20 percent of companies who said they outsourced had at most 10 employees in healthcare, while 23 percent had at or over 10 employees.
About 30 percent of outsourcing companies said they did not have any employees in the healthcare industry.
The other large group of companies that outsourced in 2017 was manufacturing.
About two-third of outsourcing jobs were found in manufacturing, including about a quarter in manufacturing plants that were either in the manufacturing or logistics chain, such as manufacturing facilities, warehouses, and distribution centers.
In the manufacturing sector, almost two-fifths of outsourcing workers were employed in a manufacturing plant.
Of the manufacturing outsourcing jobs, about one-third were in a building that was more than 30,000 square feet.
The remaining one-quarter were in other manufacturing facilities that were less than 10,000 feet.
McKinley found that, overall, more than one-fourth of outsourcing firms that said they have at least 10 employees have at most one outsourcing worker, while a majority of the companies with at least 20 employees said they only outsourced a small percentage of their workforce.
The report, “Making the Most of Outsourcing Opportunities,” is available online at http://www.healthcarecareforall.org/outsourcing-benefits-beneficiaries/outsourced-benefiaries.aspx.
McKinys report also found that outsourcing companies are increasingly finding themselves in positions that are competitive with other industries, as evidenced by the companies that are hiring in healthcare for example, the survey found.
More and more healthcare professionals are being brought into the workforce through outsourcing, said Dr. Mark C. Kranz, senior vice president for McKinsey Global Institute.
The study also found a trend among healthcare providers. “
There are so many opportunities to bring people in from other industries and have a broader range of experience that will make a difference to the way we do our work.”
The study also found a trend among healthcare providers.
About 22 percent of healthcare providers said they were looking for more than 20 percent outsourcing jobs in the year ahead, a slight increase from 20 percent in the previous year.
McKinseys research also found an increase in the number of healthcare employers with employees in outsourcing.
In 2017, there were about 3.4 million healthcare providers who were looking to hire more than 100 people, a 7 percent increase from 2016.
The number of outsourcing-related jobs grew by 6 percent over the same period.
Healthcare providers are also finding that their business models are changing as the healthcare needs and priorities of their patients change.
The healthcare sector, like all sectors, has a large number of workers that need the right skills, Kranzz said.
The fact that we are going to be seeing so much more of it is a testament to the fact that the healthcare workforce is becoming increasingly agile and agile-based, he said, noting that healthcare has become a major business.
McKinays study found that in 2017, more healthcare providers were looking at their healthcare needs as a priority, compared to the previous two years.
The largest share of outsourcing respondents were looking more for a range of healthcare-related services, while another 20 percent were looking primarily for medical technology, healthcare software, and other health-related technologies.
The data also showed that about 10 percent of the respondents were interested in becoming part of an outsourcing team, while 8 percent of respondents