Wednesday, March 17, 2010

Will your job be OUTSOURCED or OFF-SHORED? The answer REALLY does matter!!

The technically correct word to use when companies shift jobs performed in the U.S. to another, presumably low-wage country, is "off-shoring" not "out-sourcing"---Most businesses out-source SOME of their daily  business functions, such as accounting, temps, material fabricaton, etc.  They do this because doing it "in-house" is not cost efficient.  Sending a job currently performed by someone here and transferring it to, say, India would be off-shoring.  This graph located HERE and linked from HERE gives the positives and negatives of off-shoring.  However, more prominence is given to the positives, so beware of that when viewing...

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