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1in; direction: ltr; line-height: 120%; text-align: left; }a:link { }Investmentsin training and development are essential for improving employeeperformance becausethey increaseproductivity,effectiveness, social competence andenableto gaincompetitive advantage. (bridgeparagraph?) Opponentsclaim thathiring new employeesor the methodof outsourcing addsnew knowledge and skills.Anew recruited candidate may haveexperiencewith new ways to operate or a new perspective, whichaninternalemployeedoesnot have.Itis found that companies use those strategies to gain staff, withahigh process relatedknowledge.Asa consequence outsourcinghas become a growing trend, whichcan be confirmed throughthe annualrevenueof76.9billion U.

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S. dollars of theglobal outsourcemarket.Figure1. Outsourcingstatistics for global market sizeSource:(Outsourcinginsight, 2017)Figure1showsthe global outsourcing market size from 2000 to 2016. Toa limited extentthe revenuehas beenunsteady recently,however,the amount clearlyincreasedcompared with the early21stcentury. Consideringthe substantial total value of 76.

9billion U.S. dollars,figure1 impliesan outsourcing policy is likelyto be followedby a remarkablenumber of companies all over the world. Inaddition,thereis anexpanding number of opportunities to hire employees over theinternet. “Thereare a variety of platforms that serve freelancers and employers.

Forinstance, Upwork,PeoplePerHour, or Fiverr can be useful for finding a quick,reliable solution” (“TrainingNew Staff versus Outsourcing,” 2016). Afurther common criticism arguesthat thebenefits of investmentsin trainingand development materializelateandmight resultinfinancial difficulties.Themaindisadvantage oftraining is that theprofits emergelate, whileits realizationconsumes time and money immediately.Accordingto the Associationfor Talent Development (2016),theaverage training cost per employee was$1,252. For smallercompanies with lessthan500 workers, that expenseis even higher. Moreover,the trainingcost can turn into a major expense, for some companies.

Forexample,an economic crisis or high turnovers have aninfluenceon a company’sfinancial situation, as aconsequence trainingbudgetsare oftenreduced.