Advantages of Outsourcing – how it can help your company

Outsourcing lets small to medium-sized businesses have access to experts with less risk to them in their early stages of growth. Another shift that we are seeing is that traditionally larger companies would not need to use outsourcing services, however, this is changing as they explore new markets and sectors. Outsourcing gives them access to experts without the need to take on permanent staff.

Continue ReadingAdvantages of Outsourcing – how it can help your company

How outsourcing can help your company’s efficiency

According to the survey, the total working-age population's unemployment rate (Saudis and non-Saudis 15 years of age and older) decreased from 7.4% in the last quarter of 2020 to 6.5% in the first quarter of 2021. Furthermore, the Saudi unemployment rate (males and females 15 years and above) decreased to 11.7% in the first quarter of 2021, from 12.6% in the fourth quarter of 2020. Saudi Arabia's total unemployment rate is 0.1% lower than in the same period last year, which is below its pre-COVID level.  The report further shows that during the first quarter of 2021, the unemployment rate for the total male population of Saudi Arabia dropped to 3.7%, compared to 4.0% in the previous quarter. Overall, the female unemployment rate declined from 20.2% in the fourth quarter of 2020 to 16.1% in the first quarter of 2021.  According to Labor Force Survey estimates, the unemployment rate for Saudi males was 7.2% in the first quarter of 2021, compared to 7.1% in the fourth quarter of 2020, while the unemployment rate for Saudi females was 21.2% in the first quarter of 2021, compared to 24.4% in the previous quarter. The overall Saudi unemployment rate dropped to 11.7% in the first quarter of 2021, from 12.6% in 2020 Q4. It is now below pre-pandemic levels. 

Continue ReadingHow outsourcing can help your company’s efficiency