According to Linkedin, small and midsized businesses (SMBs) have a turnover rate of 12.0% – significantly higher than the overall average rate of 10.6%. And one of the most common reasons for employees leaving the company is burnout.
Employee burnout is a problem that startup businesses are particularly prone to due to limited resources and frequently heavy workloads. Employees in small organizations could be overburdened with duties because they usually work with lean teams. By outsourcing non-core processes to a third-party provider, startups can free up some of their employees’ workloads, allowing them to focus on essential tasks and initiatives while reducing the risk of burnout from excessive multitasking and time constraints.
Business process outsourcing services help small companies foster a healthier and happier workforce by reducing workloads, optimizing workflows, and promoting work-life balance. This leads to increased productivity, improved employee retention, and a positive workplace culture.
There are several compelling reasons startups should consider using a BPO firm’s service. Startups can gain a competitive advantage, boost productivity, lower operating costs, and concentrate on their key business functions by outsourcing non-core tasks to specialized service providers. BPO companies offer expertise and flexibility, which are essential for startups in their early stages.
It’s undeniable that when done correctly, startup outsourcing can benefit all parties involved. By combining the strengths of the in-house team with the help of BPO partners, startups may efficiently improve their operations and promote business growth.