11/06/2022
Outsourcing is the bad boy of business. Blamed for poor quality, unethical salaries, inhumane conditions, and even the ruination of the industrialized economies. Yet, Apple, Google, JP Morgan, and almost every Fortune 500 company outsources, and the industry is growing at breakneck speed.
Hiring an offshore team can save a company 70% on its staffing costs, and offer previously unimaginable access to a near-infinite pool of 2 billion highly-qualified professionals. There are many millions of people who speak fantastic English, have a college degree, and will gladly work for a salary of $500 per month. It’s a game-changing proposition for businesses.
For three decades, the outsourcing industry was a sleeping giant, generating $100 billion annually, and employing tens of millions of people, but mostly invisible to the traditional economy. Now, the giant is waking.
https://www.amazon.com/Inside-Outsourcing-Offshoring-Employment-Changing-ebook/dp/B0B1YSBJ4H/
Inside Outsourcing: How Remote Work, Offshoring & Global Employment is Changing the World