Break The Five Most Common Outsourcing Reform Myths

Break the five most common outsourcing reform myths

With 41 days to comply with the new regulation on Outsourcing, which comes into force on July 24, five myths prevail among Mexican companies. The new regulatory framework applies to companies of all sizes, however, SMEs are under more pressure because they do not have great internal support or consulting firms to carry out this transition.

In addition to the rush to comply with the new regulations, it must be taken into account that there is some confusion about the functions that can continue to be contracted through outsourcing. For SMEs, companies from 10 to 200 or 300 employees, internalizing the functions that were traditionally handled in outsourcing is complex and represents a challenge. Automation and support are key to successfully undergo this transformation and avoid the associated fines.

To dispel the main myths that exist regarding the new regulation, Business Republic organized a webinar to offer real facts and advice for the new regulation. At the event, Carlos Marina COO of Worky , Lorena Atondo and Gabriel Fernández, both from Reynoso & Atondo, Abogados, SC, agreed that this situation is significant, since it impacts more than 4.7 million workers, 17% of the formal jobs in the country.

And it is that urban myths and fake news abound that cause uncertainty and concern among clients and prospects, Carlos Marina warned.

The myths:

  1. “I can continue with my current outsourcing scheme, since the authority does not have the resources to detect it.”
  2. “I can avoid the new regulations by passing my collaborators to schemes of incorporation into the tax regime, fees, cooperatives or unions.”
  3. “We can pay a minimal amount in cash and the rest of the compensation can be handled through bonuses, commissions and vouchers.”
  4. “I don’t worry about the compensation schemes of the past, as there are no retroactive effects.”
  5. “The internalization of the payroll is too expensive, I better risk possible fines”

Each of these statements are not only false but risky. The specialists clarified that the new regulations are designed to improve the conditions of the workers and that in that spirit, the authority has organized itself to avoid precisely any act of simulation. At this juncture, solution providers have emerged that seem miraculous, but in reality only expose the company and its human capital to unnecessary risks.

Advice

“My advice to all employers is to take preventive measures to comply in a timely manner and to focus on the positive aspects that the internalization of staff brings in terms of employee satisfaction, loyalty, and company productivity,” commented Lorenia Atondo .

For his part, Gabriel Fernández, added that the sanctions are structured to promote broader compliance, since they range from 178,000 pesos to more than 4 million and even criminal sanctions are contemplated. It states, “The authority has full visibility of these myths and others, and is organized to detect and punish through mechanisms of collaboration between institutions and information exchange.”

The internalization of workers represents a change of capital dimensions for companies that currently depend on outsourcing for the management of their human resources. “For small and medium-sized companies, which do not have specialized departments or the support of consultants and law firms, this transition becomes even more delicate,” commented Marina, highlighting that Worky is dedicated precisely to companies with 20 and up to 200 employees for whom offers support throughout the internalization process with a 100% Mexican management platform designed to be affordable and relevant for this segment.

Hanz Dieter Schietekat, CEO of Business Republic and who moderated the event, ended the session by urging attendees to act promptly. “I hope it has become very clear that compliance with the new outsourcing standard is imminent and mandatory. Remember that if a solution sounds too good to be true, it probably is. With less than a month and a half remaining for compliance, it is imperative to have the right tools and advice. ”

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Source: Break the five most common outsourcing reform myths

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Critics:

Outsourcing is an agreement in which one company contracts a service bureau to be responsible for a planned or existing activity that is or could be done internally, and sometimes involves transferring employees and assets from one firm to another.

The term outsourcing, which came from the phrase outside resourcing, originated no later than 1981. The concept, which The Economist says has “made its presence felt since the time of the Second World War”,often involves the contracting of a business process (e.g., payroll processing, claims processing), operational, and/or non-core functions, such as manufacturing, facility management, call center/call centre support).

The practice of handing over control of public services to private enterprises, even if on a short-term limited basis,[7] may also be described as “outsourcing”.

Outsourcing includes both foreign and domestic contracting,and sometimes includes offshoring (relocating a business function to a distant country) or nearshoring (transferring a business process to a nearby country).

Offshoring and outsourcing are not mutually inclusive: there can be one without the other. They can be intertwined (offshore outsourcing), and can be individually or jointly, partially or completely reversed,involving terms such as reshoring, inshoring, and insourcing.

  • Offshoring is moving the work to a distant country. If the distant workplace is a foreign subsidiary/owned by the company, then the offshore operation is a captive, sometimes referred to as in-house offshore.
  • Offshore outsourcing is the practice of hiring an external organization to perform some business functions (“Outsourcing”) in a far-off country other than the one where the products or services are actually performed, developed or manufactured (“Offshore”).
  • Insourcing entails bringing processes handled by third-party firms in-house, and is sometimes accomplished via vertical integration.
  • Nearshoring refers to outsource to a nearby country.
  • Farmshoring refers to outsourcing to companies in more rural locations within the same country.
  • Homeshoring (also known as Homesourcing) is a form of IT-enabled “transfer of service industry employment from offices to home-based … with appropriate telephone and Internet facilities”.[16][17] These telecommuting positions may be customer-facing or back-office,and the workers may be employees or independent contractors.
  • In-housing refers to hiring employees.
  • An Intermediary is when a business provides a contract service to another organization while contracting out that same service.

See also

Facebook Launches a Free Online Course For SMEs Throughout Latin America

Do you need to take your business to the next level? Facebook presents Connection: Reinventing Business , a digital training event for entrepreneurs and owners of Small and Medium Enterprises ( SMEs ).

This event in collaboration with the Association of Entrepreneurs of Mexico (ASEM) and Victoria 147 will be held on October 28 and 29 . You can find workshops and content to reinvent the way they do business and find and satisfy their customers in the digital space.

Likewise, Facebook partnered with Endeavor in Colombia and with the Association of Entrepreneurs of Argentina (ASEA) in that country, making Conexion a regional effort.

According to figures from the most recent Global Report on the State of Small Businesses , carried out by Facebook in collaboration with the OECD and the World Bank, 51% of the Mexican businesses surveyed said that 25% or more of their sales originated on digital platforms. during the last month, which highlights the importance that businesses, on their way to reopening, recovery and to meet new consumer habits, acquire or reinforce their digital skills.

Digital tools have helped small and medium-sized businesses face the challenges of the unprecedented business disruption facing Mexico and the world. Businesses that manage to build a strong presence and digital services could emerge stronger from the crisis.

In this way, Facebook wants to support SMEs to maintain contact with their customers through online resources at no cost, easy to implement and use, and that can become the tools that local businesses need.

The trainings will provide SMEs with inspiration through other success stories and knowledge to grow their business and adapt their use of the different tools according to what is best for their type of business. The modules will be presented by Priscila Arias , entrepreneur, activist and influencer, who will help participants navigate through the content.

Sessions will be led by program partners to provide training on leadership and gender inclusion (Victoria 147), sales and business model (ASEM), innovation during crises (ASEA) and how to present the business to investors (Endeavor).

Market experts and entrepreneurs will be invited to help participants learn from real life experiences. Each one in a different specialty:

  • Basic Concepts of Finance , by Angélica Castellanos, Konfío Chief Operating Officer
  • Human Resources and Payroll , by Courtney McColgan, Founder of Runa
  • Negotiation skills , Victor Kong, CEO of Cisneros Interactive

To participate for free you just have to register on the site of Connection: Reinventing Business or the Facebook Page for Companies .

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Delivering an online course doesn’t have to require expensive or complicated software and services. You can quickly deliver your online course using the Social Learning type of Facebook Group. It’s easy to organize content into Units, add in a variety of media, livestream, run interactive discussions, and more. This video walks you through the basics and you can read and see screenshots in the following blog post: https://contentsparks.com/80875/ You don’t even need to create your own content for your course from scratch! We have a wide selection of brandable, ready-to-teach courses at Content Sparks. They’re easy to edit, repurpose into different media, rebrand, and deliver as your own. Check out all the topics currently available here: https://links.contentsparks.com/shop

More Than 50 Thousand SMEs Receive Loans To Sustain Their Businesses During The Pandemic

This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process.

  • More than 50,000 SMEs have received working capital loans, with an average of 125,000 pesos each. And each venture has requested, on average, up to 2.5 credits.

Since the beginning of the pandemic, more than 15 thousand small and medium-sized companies (SMEs) found an option in Mercado Pago to keep their businesses running and 7 out of 10 who applied for a loan did so through Mercado Crédito.

The foregoing, according to a survey of 1,160 SMEs nationwide conducted by Trendsity, at the request of Mercado Pago. According to the survey, most of the resources obtained through Mercado Crédito allowed these business units to increase inventories (51%) and use it as working capital, which includes equipment and operating expenses, among others (46%).

So far, more than 50,000 SMEs have received working capital loans, with an average of 125,000 pesos each. And each venture has requested, on average, up to 2.5 credits.

“As part of the economic reactivation, credit has become essential to encourage the economic development of entrepreneurs. For that reason, we increase our offer every month and have placed more than 3,500 million pesos among SMEs so that they can get ahead in this difficult time, “said Jonathan Sarmina, director of Mercado Crédito México.

More online payments to keep trading

“50% of the SMEs that joined Mercado Pago do not have a physical store, so 65% of them chose to reinforce online sales and 55% to offer more payment options,” said Sergio Dueñas, director of Payment Market.

Among the payment methods preferred by SMEs, the Payment Link stands out (82%), followed by the payment through Mercado Pago with its own website (72%); the Point Blue card terminal (62%) and QR code payments in (49%).

He explained that, according to the results of the study, 92% of those consulted understand that offering a greater number of payment options allows them to reach more potential customers and the same percentage declares that they will continue to use Mercado Pago in a world without a pandemic.

By:Entrepreneur en Español

Trish Regan and Adam Johnson provide actionable insight on the capital markets daily with regular segments such as “Chart Attack,” depicting likely market moves before they happen, and “Insight & Action” which explains original trading ideas that can make you money. In addition, “Street Smart” is filled with breaking news, political analysis, and market-moving interviews with exclusive guests such billionaire investor Carl Icahn, hedge fund titan Bill Ackman, automaker Elon Musk and more. “Street Smart” broadcasts at 3-5pm ET/12-2pm PT. For a complete compilation of Street Smart videos, visit: http://www.bloomberg.com/video/street… Watch “Street Smart” on TV, on the Bloomberg smartphone app, on the Bloomberg TV + iPad app or on the web: http://bloomberg.com/tv Bloomberg Television offers extensive coverage and analysis of international business news and stories of global importance. It is available in more than 310 million households worldwide and reaches the most affluent and influential viewers in terms of household income, asset value and education levels. With production hubs in London, New York and Hong Kong, the network provides 24-hour continuous coverage of the people, companies and ideas that move the markets.

6 Essential Content Creation Tips For eLearning Success – Shift

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You’ve been tasked with developing your first eLearning course. Now what?

Let us help you get with it and nail each aspect of the content development process.

Probably you are wondering if there is one perfect roadmap for relevant and engaging eLearning content. However, given that the variables of each project make each session unique, it is difficult to box elements into one plan.

Varying factors include:

  • The size of your team
  • Amount of content
  • The subject at hand and ideal delivery content
  • The audience’s knowledge or understanding of the course
  • Your business goals

These differences will affect the direction of the course. That said, rest assured there is a silver lining. Although the intricacies of the roadmap are not standard, several guidelines can provide the foundation for compelling content and a well-structured course.

Tip #1- Setting the Bulls’ Eye: Forming Your Learning Objectives

By definition, objectives are basic tools that underlie all planning and strategic activities.To accurately guide you through the stages of content development, your learning objective needs to be defined early on and must be crystal clear. Mainly, it’s going to come down to identifying the performance or skill that the learner needs to achieve to be competent in their role.

This statement will serve as the foundation for instructional material. This frame will provide your team with the direction to select and organize content without hesitation. When the outcome is clear, it’s easier to determine the ingredients you’ll need.

Some tips for writing your learning objectives:

  • Use simple language and measurable verbs.

  • Remember to be clear about the knowledge or skill gap that you are hoping to fill. List specific and measurable elements that the learner will have to master upon completion.

  • Make sure you are clear about what will they gain by taking this course.

  • Important! Keep the learning outcomes in mind at all stages of designing a course. Whether you are chunking content, designing activities, planning assessments, or choosing images, you have to remember that every element in your course should align with the learning outcomes.

Tip #2- Consulting the Crowd: Pinpointing Gaps

Questions, assessment, and focus groups often reveal insightful information. You can also survey your audience to learn more about their backgrounds and experience levels. Having your learners take a pre-assessment can inform you that most of your online learners share a skill gap.

Knowing this can allow you to supply additional information or resources to specific areas for improvement. Why?

  • Not all learners start from the same place. This will help you determine where those gaps are.
  • Not all learners will acquire information the same way. You may acquire insights to how to deliver the knowledge that they lack.

 

Pre-assessments help you identify what learners already know, need to know, and how you should deliver the information. After reviewing your objectives, your team should focus on researching the audience’s needs as a priority. These insights coupled with your learning objectives will formulate the strategy for success.

Tip #3- Planning is key

If you are just back from a session with the SME, you are possibly armed with a lot of information that he or she thinks is crucial to learn about the subject. Think twice before dumping it all on the learner. Your SME is undoubtedly an authority on the subject, but you are the training expert. You know the learning outcomes of your course. Best, you know the expectations of your learners.

To begin, create a list of significant topics and sub-points. Still amiss about what to include, here are some points you must enlist too:

  • A list of “Must Know” content (critical to achieve the learning outcomes).
  • “Should Know” content which is concepts that the learner needs to understand as a core part of the training course  (important background information that you can give away as handouts)
  • A list of “Nice To Know” content which adds value to the understanding of the subject, but the learner can do without these points.

Listing out topics is an essential way to help your team visualize and scope each lesson. Be as detailed as possible about your main ideas when creating this list of topics so that it highlights all of the key aspects of your course. Be sure to include an estimate of slides, screens, and interactive elements you’d like to incorporate into the course. Integrating each of these points will help your team avoid redundancies and irrelevancies.

HOT TIP! During this stage, experts advise that you gather your team and stakeholders to review and evaluate the relevant topics. This step will be instrumental in identifying which content is missing.

Here are some tips on how to draft your course outline:

  • Think about the topic and all it conveys. Once you’ve created a list that is thorough you can start grouping like steps into sections or modules.
  • Break your course topic down to steps.
  • Then, you’ll need to buff each individual step out further. Basically, turn the goals established in point one into subtopics/sections. Create at least 3, but no more than 8 titles that make up the “modules” or sections of the course.
  • Decide how you’ll present your content. As you fill out the steps, decide whether you’d rather create a screen with bullet–points or a talking head video that shows your audience what you’re trying to teach them.
  • Plan your intro carefully too. The first minutes of your course are key to grab attention!
    Plan practice activities and assessments.
  • With each proposed lesson, refer back to the learning objectives; say true to what your learner needs to know.

Also read: The Art of Creating Short but Effective eLearning Courses 

Tip #4- Always Conduct a Content Inventory

It makes perfect sense to know exactly what you have in the inventory, regarding existing content, before starting out on any new project. The opportunities for reusing and repurposing existing content, text, images, and video are endless, once you know exactly what you currently hold in your repository.

Go down your list and check off the items you have available in your company and highlight the ones that are missing. Why should you do this? The benefits are obvious, but we will list them out happily:

  • Reviewing the material you already have ( it can be PDFs, Powerpoint presentations or any other material available)  and identifying what needs to be created will provide your team with some direction.
  • When you realize how much information you already have at your disposal, you will have a better idea of how much development time you saved.

Once you have certain content available, here are some questions that you can run this material by:

  • Is this material outdated, incomplete, inaccurate or un-engaging?
  • Is there any feedback available on how it performed?
  • What isn’t working with the current program?
  • What was missing from this content?

Separately, some questions that you can run this material by can include:

  • What don’t employees know that they should?
  • Without letting the existing content dictate the new material, how can this new content be coupled with the previous information?

Read more: The Step-by-Step Guide to Conducting a Content Inventory for eLearning

Tip #5 – Working Smoothly with SME’s to Translate their Knowledge into Engaging Content

Working with an SME (Subject Matter Expert) is vital to get the right information down. Working together, you can collect the most crucial information needed to align with all the objectives and points listed above.

The thing to keep in mind when working with SMEs is being particular about what you want. This detailed communication is essential to have before meeting with the SMEs.

You can do this by providing a questionnaire, that way everyone can provide insights and feedback.

This post highlights an actionable roadmap for engaging SMEs and collecting their require information so that you can develop quality content on time and within budget.

Here are some amazing tips for working effectively with SME’s.

The Essential Guide to Better SME Kickoff Meetings

Tip #6 – Design Last, Storyboard First

To avoid overloading your audience with irrelevant content, it’s imperative to organize your content. Use storyboarding to determine the direction of content, without trying to load too many concepts into one course. With a storyboard, you can maintain an outline while you create your course. This level of organization ensures you include all main points without venturing into less important topics.

Storyboarding brings all the elements that will make up the elearning course together. Much like a story, each element contribute to the understanding of the next, creating an narration for a lesson or feeling of resolve in the end.

With the use of Powerpoint or your own storyboarding tool, your process can go a little like this:

  • Write your course title; make this brief, but descriptive.
  • Write your course overview, here you’ll want to list key points from your learning objectives
  • Use the text and images in your screens. Make sure any visuals you include add impact.
  • How-To’s need to be done right. Make sure that each sequence is clear and provide additional resources in case the learner is interested in reading more.
  • Use real life scenarios and brief examples to illustrate application of the skills being learned.

 

 

 

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