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The Negative Impact Of Outsourcing Jobs

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1.) OUTSOURCING JOBS AND ITS IMPACTS Outsourcing jobs from developed countries to undeveloped or developing countries is on the rise. Outsourcing is a very controversial topic and its impacts are large, varying from business to business. Logistics management, software development to design everything these days is being outsourced to countries like India, China mainly due to cheap labor and cost cutting being the prime reasons behind it. Outsourcing however as it may seem as a loss of opportunities in the countries outsourcing the jobs, it is incredibly beneficial to the countries the jobs are outsourced to. The positive impact of outsourcing outweighs the negative impacts of it. How is it positive and why is it necessary? In …show more content…

This group of unemployed skilled labor although considered cheap to hire by these countries are benefited by the boom of opportunities provided by the outsourcing nations. Necessity of jobs or employment is cut short in India and China and the decreasing number of unemployment directly impacts the growth of the nation. The skill sets are properly utilized and people are provided with an opportunity to grow out and explore and expand. Expansion may vary from their skills to their very lifestyle and livelihood. Beneficiaries of outsourcing. Is it beneficial to both the nations? Considering the positive aspects outweighing the negative aspects, it is beneficial. In countries where even meager jobs provide a pretty good standard of living, countries like India and China are in dire need of proper means of livelihood. Comparing IT professionals, even though they are provided with one third of the salaries of what they might be paid in the U.S they still turn out to be paid enough to provide them with a good means of livelihood and an opportunity to explore themselves. Prospects like, onsite visits and deployment also boost their moral to work hard and expand on their skills to brighten their future. One outsourced job can provide …show more content…

Apart from the factor of money, the companies and organizations outsourcing the jobs are also in charge of the welfare and safety of the people they employ, thus providing them with a safeguard. Conclusion Outsourcing work has benefitted both ways, countries like U.S and U.K get cheaper labor compared to what they might have to pay in their own country, leading to cost cutting. Items from a simple DVD player to maintaining an aircraft has gone down. Unemployment rates slashed and people provided with a safety of their future in India and China like countries. Thus, positive aspects outweighing the negative aspects. Moreover it is a business strategy used by companies to counter-act the lack of expertise present locally. In the end the future of outsourcing seems bright and moving in the positive direction. In the near future more and more organizations seem to adopt to the idea of outsourcing clearly showing bright signs in the outsourcing industry. 2.) AGRICULTURE TO MANUFACTURING AND SERVICES TRANSFORMATION The boom in the manufacturing and services society in today’s time is alarming. With the evident supply of raw goods from developing countries at cheaper rates the focus has shifted

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