CHAT ROOM

Wednesday, February 24, 2010

Outsourcing

Outsourcing Creates New Jobs  Despite, the hue and cry over off-shoring of call centre and programming jobs, the backlash against outsourcing is far too exaggerated. Global Insight, a survey company hired by Information Technology Association of America concluded that the entire process of off-shoring / outsourcing created more jobs than those lost.A worldwide economy is bound to lead to globalisation leaving no industry safe from its effects, as off-shoring / outsourcing news proves every day. From online tutors coaching American children to lawyers outsourcing legal research / briefs for upcoming cases to India, it is a trend here for the long-term. As most companies do business overseas, what can be more natural than they employ people based in the country of their business interests? Low wages, high tech communication are just a few factors that provide enormous incentive to move operations overseas.

Criticism against outsourcing / off-shoring is misplaced as the Global Insight study reports. Rather than reducing US jobs, outsourcing / off-shoring has helped lower costs and create jobs as a result of a more efficient economy. According to the report, in the year 2003, 194,000 IT and non-IT jobs were created largely due to outsourcing / off-shoring. And, it is expected by 2008, that number may well exceed the 589,000 new jobs created mark.If outsourcing / off-shoring is generating so many new jobs, and at the same time lowering costs

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