iTelescope

Jargon: Farm-shoring

by Prasad on Oct.21, 2009, under Culture

Farmshoring refers to a specific variety of outsourcing where, apart from services being sourced outside of the contracting company, they are outsourced from urban to rural locations. Governments, especially in the US, offer incentives for shifting employment from offshore to rural communities. It is conceptually similar to onshoring (also referred to as domestic outsourcing).

Farmshoring also offers a low-cost, lower-risk, high quality living alternative to metro areas by reducing expenses, issues with traffic & congestion giving more time for life & recreational activities. It yields the cost benefits associated with outsourcing jobs to low-cost areas, without the risks associated with hiring foreign workers.

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