Outsourcing In The Workplace

The outsourcing of jobs is not by any means a new problem for the western hemisphere, as several big companies have had their reputation challenged with some of their less than ethical work environments abroad. The internet has innovated the channels and the means by which work and the economy fluctuates, but it is my firm belief that the internet is not the problem. Although the internet should still be considered a strong tool that could either combat or aid these economic discrepancies. There are key elements that are immediately apparent when thinking about the outsourcing of labor, and these elements are critical if one is to attempt to address the issue. One, the types of jobs being outsourced have traditionally been low-skill jobs but …show more content…
They will be replaced by automation and the faster we come to the realization the faster we can implement programs to ensure we have a strong future-ready workforce. A different issue is the offshoring of high-skilled labor that, perhaps, requires a formal education or intense training. The offshoring of high-skilled jobs is troubling as it may deter people from getting training and schooling, if upon graduation they are not employable and have forgone time in the process . This issue poses a threat to those pursuing careers in quickly outsourced job markets; it seems that the job market does not offer many options when one looks for high stability jobs. According to research from Jacob F. Kirkegaard a researcher for the Institute of International Economics the top four expected offshore occupations are management occupations, financial operations occupations, computer and mathematical occupations, and architecture and engineering occupations respectively. This is a complex issue that needs critical attention because it affects the lives of many and a plea of ignorance will not improve the future economic state of …show more content…
According to Anthony J. Delmonte and Richard V. McCarthy, research companies cut down their cost by as much as sixty-six percent by offshoring and that includes everything from shipping costs and wages. The ease of doing business is also a considerable incentive when companies look to offshoring. The remarkable fact is the US remains one of the best in terms of ease of business and that is an advantage we have in our effort to combat offshoring. With the top three countries that we offshore to being India, China, and Malaysia respectively it is imperative to analyze what their comparative advantages are, in order to stay completive and thoroughly resolve this issue. While they all have the advantage of low wages the major significant advantage we have is the overall ease of business is better in the US than the competing markets with the exception of Hoang Kong which comes extremely close to our ease of business according to doingbussiness.org. There are major disadvantages that job markets will face if they choose to offshore to these countries such as India’s poor infrastructure and the loose protection of intellectual property in both China and Malaysia. The US is still a viable choice for companies but it is up to both consumers and government intuitions to put economic pressure on job producers all while making the US a much more attractive job

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