The Conservative Cave
Current Events => Economics => Topic started by: bijou on May 24, 2011, 10:14:25 AM
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t's a frustration experienced by most people when they've made phone calls to large companies.
An unfamiliar voice answers the phone in a call centre hundreds of miles away where cheap labour is commonplace.
Large corporations that have boomed in India amid the country's nimble economy have been drawn to the U.S. where unemployment has soared.
Struggling residents desperate for work are paid between $12 and $14 a hour to be stationed in tiny cubicles for long shifts of telesales work.
Once the employees are established, many are offered the chance to be flown to India themselves - the same tactic Western countries have done in India.
Experts said that the phenomenon, which could become more widespread in the coming years, is partly due to Indian workers demanding higher wages and higher living standards.
'The U.S. became the fastest-growing location for us last year. We expect that to continue this year,' Genpact chief executive V.N. 'Tiger' Tyagarajan said.
Read more: http://www.dailymail.co.uk/news/article-1389963/Indian-firms-look-U-S-cheap-labour-outsourcing-goes-circle.html#ixzz1NHcTFNOD
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Obama is a success!!! At turning the US into a third world economy. :banghead:
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Japan started years ago.
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A few years ago, I recall a famous hobby manufacturer which had relocated its manufacturing to Mexico brought it back to the US due to quality control and workforce quality issues. These things are not nearly as simple as talking heads from either side of the spectrum want to make them, it ultimately comes down to optimising the point where the price and quality parameters are both acceptable to the market. With the off-shoring of the call service industry, the quality part has been a huge issue.