Definition, Meaning & Synonyms

homesourcing

Noun

/ˈhoʊmˌsɔːrsɪŋ/

Definition

The practice of outsourcing work or services to employees or contractors working from their own homes.

Examples

Many companies are adopting homesourcing to improve employee satisfaction and reduce expenses.
With the rise of technology, homesourcing has become a viable alternative to conventional outsourcing.

Meaning

Homesourcing refers to the trend where companies employ individuals to complete work outside of a traditional office environment, often tapping into a wider talent pool and reducing overhead costs.