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The concept of offshoring has been subject to an industry-wide discourse with stakeholders divided on the rightfulness of employing workers overseas. On one side are the critics who have cited the exploitative tendencies and possible abuse of offshore employees. However, these concerns are allayed if the correct ethics of offshoring are established and adhered to.
On the other side are the proponents of offshoring, who have cited increased efficiency, scalability, access to skilled labor, etc. While the latter argument seems more beneficial to the companies, it is important to address important questions about the employees to find out their perspectives on offshoring.
As the practice of offshore expands, there is a growing desire for answers to problems about the ethics of offshoring. In this exposition, we’ll take you on a journey to find these answers in this article. Read on.
Why do companies go offshore?
An illustrative matrix of insourcing, outsourcing and offshoring.
The trend of business owners wondering, “How can I find and hire app developers near me?” is fading. Instead, an increasing number of businesses are looking abroad to fill labor shortages. One of the reasons offshore outsourcing started was because companies sought a way to reduce their expenditures through cheap skilled labor. By employing labor from countries with a lower standard of living and lower tax rates, more companies want to save money while retaining their earning capacity.
Another reason might be the business environment abroad. For instance, if a company finds out that the government of the country has less stringent policies that limit business growth relative to their local country of operation, they might consider offshoring.
It’s even more appealing to realize that most companies can achieve these without incurring additional costs for infrastructure.
So, it’s not surprising that the market size of the…
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