Staff augmentation is an outsourcing strategy that is used to staff a project and respond to the business objectives. The technique consists of evaluating the existing staff and then determining which additional skills are required. One possible advantage of this approach is that it may leverage existing resources as well as utilize outsourced services[1] and contract workers.[2]

The goal of the exercise is to handle staffing requirements with an existing set of talents. Numerous consulting companies offer staff augmentation services.[3] It has been estimated that staff augmentation as an industry will reach $45 billion in 2015.[4]

The trend in staff augmentation is occurring because of the abundance of IT resources, declining rates, and narrowing margins for companies that need these services.[5]

See also

References

  1. ↑ "What is Outsourcing and How Does it Work?". CIO. Retrieved 2023-02-20.
  2. ↑ Rosenberg, Rebecca (2021-12-16). "What Is a Contract Worker?". www.uschamber.com/co. Retrieved 2023-02-20.
  3. ↑ "10 Small Business Functions That Can Be Easily Outsourced". 10 Small Business Functions That Can Be Easily Outsourced. Retrieved 2023-02-20.
  4. ↑ Forecast: IT Staff Augmentation Services, North America, 2004-2010
  5. ↑ Trends 2005: IT Staff Augmentation by Robert McNeill - Forrester Research
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