Cost savings and specialized expertise are reasons to recommend which staffing strategy?

Co-sourcing is a staffing strategy that blends internal staff with external expertise to enhance operational efficiency while maintaining cost-effectiveness. By leveraging co-sourcing, companies can achieve significant cost savings as they only pay for the external services when needed, rather than maintaining a large full-time staff.

The specialized expertise gained through co-sourcing is another key advantage. External providers often bring a level of specialization that may not exist within the organization, enabling better quality services, innovative solutions, and access to the latest industry practices without the overhead of hiring full-time experts.

This strategy allows organizations to remain agile and responsive to changes in demand while taking advantage of the specialized skills offered by external partners. In contrast, other staffing strategies, such as temporary workers, professional employer organizations, or part-time workers, do not necessarily combine both cost savings and specialized expertise to the same extent as co-sourcing does.