Offshore Outsourcing is not that much a bad ideaSunday, April 02, 2006
Many times it is listened that process of sending the job work overseas is not good and because of this step of the company employees suffer. Because of this business process many times atmosphere gets heated in many companies between the employees and the management. The ultimate reason behind this issue is lose of the jobs. But Offshore Outsourcing is not that much a bad idea. Though it has a negative side, but also has lots of benefits along with that. Sending work overseas helps the companies in many ways. The fact thing is survey finds that Offshore Development process creates new jobs also. Many companies are there who are making lots of cost savings and plowing this amount into new business opportunities.
Issue of Offshore Outsourcing
Currently it is marked that lots of IT Outsourcing is taking place from many companies. IT workers in the country like America are facing unemployment problems. And issue of Offshore Outsourcing is very much the hot discussed one over there. But the survey finds that many companies globally, who are saving costs in IT industry also plow the amount into new business opportunities and generating lots of new IT jobs and employments. The fact is Offshore Outsourcing is expected to grow over the time period of next 5 to 10 years. And in this IT industry is predicted to be on the top of the list of the Industries. Day by day more and more IT companies are sending the development works to the countries like India and China where the labor cost is almost five times less. India, China and many other countries are there where such foreign countries find their IT problem solutions with best quality talents very easily. So lots of Offshore Development is taking place from these companies.
The survey suggests that many of the new jobs would come from the business organizations that they launch as they accomplish cost savings from the overseas services. It has also predicted that IT openings are anticipated to grow more in the IT areas and more and more IT job works will be available in the near future. Currently IT companies have started the programs of job campus in the best IT colleges and universities. They are hiring the young and talented students with very good salary packages directly from there. Many IT brand names like IBM, Microsoft, Satyam, TCS and many more are expanding their business day by day and hiring thousands of talents every month.
One thing is also true that the growth for the U.S. talent pool is critical and Offshore Outsourcing would continue to take place. For them job growth prospects could be fruitless if more young local talents would not enter the technical profession or jobs, survey suggest. Another thing is the price rate of the local talents is also high compared to the developers from the house of India and China. So they also want to think on that aspect also to maintain their position in the competitive market of Offshore Outsourcing. Their, this particular aspect only leads the local IT companies to go for IT Outsourcing to the countries like India and China. So they really need to think on that.
In short help of the overseas services by the companies are also helping to the talents of their own countries in some other ways. They have also started to reinvest the amount in some other growing areas and providing lots of opportunities to those who are suffering from Offshore Outsourcing.