Outsourcing Software Jobs Overseas Essay -- Employment Work Technology

Outsourcing Softw are Jobs Overseas Information Technology (IT) Outsourcing overseas in which a company hires another company abroad to take over some of its software related tasks like managing data center, handling technical support and software maintenance has become a growing turn out today. American technological corporations desperate to put down costs are outsourcing jobs to the create countries with large talented human resource pool for significantly lesser wages. IT market research firm Gartner Dataquest 1 says that companies outsourcing their software jobs see depress cost foreign labor as a key to maturation in 2003 because of large pool of highly educated English speak workers in countries like India and Philippines who get relatively low wages. As of year-end 2002, there were at least 14 mega deals worth a natural of $28.4 billion compared with nine mega deals in 2001 worth a total of $15.1 billion. Companies are lured towards the savings obtained by hiring a p rogrammer in India who would be give $2500 per year whereas the same job would require a wage of at least $45000 in US. According to Forrester Research2, the pctage of offshore outsourcing for U.S. IT budgets took a leaping from 12 percent in 2000 to 28 percent in 2003. It overly says that around 3.3 million U.S. services jobs will move offshore during the contiguous 15 years, led by the IT industry and also estimates that companies can drop a line up to 50% by outsourcing abroad. Coca-Cola, for example, already outsources about 15 percent of its information technology work and plans to do even more to cut costs. The migration began in the early 1990s when some of the technology sectors heavyweights like prophesier Corp., IBM, Sun Microsystems, Cisco Systems Inc., and... ...pursue offshore outsourcing if it means U.S. jobs ? InformationWeek.com , 2003, June 6 2003, < http//www.informationweek.com/story/showArticle.jhtml?articleID=8700190&pgno=1 8 Rayen,Ranjeet Indian outso urcing unscathed by US outcry CIOL ,2003, whitethorn 28 2003, <http//www.ciol.com/content/news/trends/103030501.asp 9,13Roberts,Paul Craig Notes for free traders Townhall.com , 2003, June 4 2003, < http//www.townhall.com/columnists/paulcraigroberts/pcr20030305.shtml 10 Mill,John Stuart Utilitarianism Utilitarianism < http//www.utilitarianism.com/mill1.htm 11 John Locke < http//www.blupete.com/Literature/Biographies/Philosophy/Locke.htm 12 THIBODEAU,PATRICK Outsourcing growth predicted, but shock on workers may be uneven IDG.Net , 2003, June 8 2003, < http//www.idg.net/ic_1273426_9735_1-5082.html