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outsourcing
(redirected from Labor arbitrage)

   Also found in: Financial, Encyclopedia, Wikipedia, Hutchinson 0.01 sec.
outsourcing verb contracting with outside sources, disposing of, eliminating work, eliminating workers, going outside, hiring outside sources, retaining others, retaining outside sources, subcontracting


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More often than not, the business case for business-process outsourcing is built almost exclusively on expense reduction through labor arbitrage.
We're really all about a labor arbitrage play," said Cadforce President and Chief Executive Robert Vanech.
Suppliers that fail to fully exploit the labor arbitrage of low-cost labor markets, as well as new technologies, will become the dinosaurs in this new era of high-value outsourcing," Bendor-Samuel added.
 
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