The top outsourced jobs
Outsourcing occurs when a company contracts out a portion of its
business to another company; these jobs would have traditionally been
done by in-house employees. It's important to make a distinction between
outsourcing and offshoring. Jobs can be outsourced to local companies
that specialize in that particular area. Offshoring, though still a form
of outsourcing, is when a company outsources portions of its work to be
done overseas. This is a growing trend as companies find that
outsourcing and offshoring lead to greater efficiency and cost savings
as they don't have to pay salaries and benefits to employees, and
instead pay contract fees for completion of duties. This also allows
companies to allocate greater resources to parts of the company that
they excel at.
By Janet Fowler | Investopedia
Gallery View:The top outsourced jobs
Wed 11 Jul, 2012 10:30 AM IST
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