Wednesday, March 11, 2020

Outsourcing Risks essays

Outsourcing Risks essays The topic of jobs and economy can be a very complicated subject to talk about especially in reference to presidential candidates and their views. One important factor in accordance with the economy seems to be the corporate outsourcing of American jobs. It is an interesting topic because it affects a sizable amount of the population in the country. It is also hard to achieve a clear understanding of what each candidate plans to do and how they hope to accomplish the goal. With that being said, who does corporate outsourcing affect and why? Should the outsourcing be legal or even as beneficiary to the big businesses that take advantage of it? Where do the presidential nominees stand when it comes to the outsourcing in America? Because outsourcing not only affects a plethora of Americans and their jobs, but also allows big businesses to take advantage of the governments policies and laws, John Kerry has a plausible plan of action to end the transfer of jobs overseas by eliminating the benefits of outsourcing. Currently, the corporate outsourcing of job overseas affects a large amount of the IT specialist population but could be spreading to other fields in the future. According to Forrester Research Inc., rough estimates suggest that the United States has lost 400,000 to 500,000 information-technology-processing jobs to outsourcing over the last few years. This is a small number in an economy that employs around 130 million workers, but outsourcing is moving quickly up the wage-skill chain from call-center employees to software engineers, medical specialists, lawyers, and financial analysts. Originally, the jobs that were being outsourced were manufacturing and warehousing jobs. Presently, the corporations involved in outsourcing are growing by the numbers but why? The first and most obvious reason for outsourcing is money. Businesses can fall into international tax loop holes that can save them bundles. Aside from that, acquiring la...