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Home Posts tagged "Offshore Outsourcing"

Tag: Offshore Outsourcing

There are different views on the impact of offshore outsourcing on the various societies affected, which reflects the attitude of Protectionism versus Free Trade. Some see it as a potential threat to the domestic job market in the developed world and ask for government protective measures (or at least closer scrutiny of existing trade practices), while others, including the countries who receive the work, see it as an opportunity. In fact, offshore outsourcing has led to Domestic factories and companies closing down leaving tens of thousands of U.S. workers jobless while underdeveloped countries such as Brazil, Turkey, etc. begin to flourish. Free-trade advocates suggest economies as a whole will obtain a net benefit from labor offshoring, but it is unclear if the displaced receive a net benefit.

Many companies offshore outsource because the wages are cheaper in other areas. This is beginning to create a conflict because many wages overseas are raising. For example, a study by the U.S. Bureau of Labor Statistics found that Chinese wages were almost tripled in the seven years following 2002. The wage increases could change the set up of offshore outsourcing in years to come.

One issue offshoring of technical services has brought more attention to is the value of education as an alleged solution to trade-related displacements. Education may no longer be a comparative advantage of high-wage nations because the cost of education may be lower in the nations involved in the controversy. While it is true that education is usually considered helpful to competitiveness in general, an “education arms race” with low-wage nations may not pay off.

Articles about "Offshore Outsourcing"

outsourcing

The A to Z of OUTSOURCING

By Camille Denise Rellosa | Blog, Outsourcing | 26 April, 2019 |

A Accounting is usually one of the first departments small business outsource because hiring and training new employees are more tedious than having a licensed accountant take care of your finances. C Customer Service maybe the number one job outsourced by companies for it requires special training and the right attitude to deal with theExplore Now

Secrets to Starting a Successful Offshore Outsourcing Company for Non-Business Graduates

By Camille Denise Rellosa | Blog, Outsourcing | 29 August, 2018 |

Treat your journey as a conversation. Explore and analyse before you talk, and listen to others, especially to what is happening around you. Having gone through College courses to study business management is necessary to create a successful business. But what if you don’t have a formal business background, but you are still passionate aboutExplore Now

What To Look For in A Virtual Assistant

By Camille Denise Rellosa | Blog, Outsourcing, Virtual Assistant | 2 August, 2018 |

There are various reasons why an individual or a business owner would need to hire a Virtual Assistant (VA). Some of the most common objectives are for administrative support, creative or technical assistance, document and data management, data entry and research. But no matter what purpose you have in hiring a VA, you need toExplore Now

outsourcing customer service

Benefits of outsourcing customer service for your small business

By Emy Bautista | Business advice, Customer service, Outsourcing | 19 January, 2017 |

When somebody mentions outsourcing customer service, the image of those huge call centres from a scene in Outsourced or The Best Exotic Marigold Hotel often comes to mind. For most people, customer service outsourcing is a strategy reserved only for Fortune 500 companies. That is no longer the case today. Outsourcing customer service is aExplore Now

Social Media Tips

Social Media Guide: Best Time to Post

By design@bureauserv.com | Digital marketing, Online marketing, Outsourcing, SEO, Social Media | 28 December, 2016 |

Digital Marketing has become an important part of a company’s overall marketing strategy. The internet offers a huge opportunity for turning potential market into sales. Digital marketing is a broad concept, involving everything from website, blog, social media, forums, SEO and many more. Perhaps one of the easiest and most popular option used by manyExplore Now

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