Outsourcing Jobs to Foreign Countries By:
This situation is affecting more and more people and especially here in El Paso, Texas. It plans to move some of its operations to Juarez, Mexico, our neighbor city. Air System Components manufactures vents for air conditioning and heating systems. The sector lost jobs between October and Octoberthe state's latest employment data show.
These types of situations are viewed very differently from the perspective of profitability for the companies versus the emotional and financial effect that the outsourcing has on the employees.
In some cases outsourcing causes employees to quit ahead of time. There are companies who have their fired employee train his or her own replacement. I believe the number one reason why companies employ foreign labor is its profitability.
Due to the lack of federal wage controls a U. The success of a foreign employee is their training and experience with the job in which they are taking over.
Perhaps the best source of training for a foreign employee comes from someone who has already been working at this job for some time. This often causes companies to have employees, as they are being fired from the company, stick around for some additional time and train the employee who will be taking over their job.
This type of situation is not right at all. The most reasonable way for the company to go about having employees train their replacements would be to offer them something in return. By using the offer of additional money to the employee, it then becomes his or her decision to take the incentive and help train the new employee, or to leave it up to the company to train the employee some other way.
This is ethical because it allows laid-off employees to choose, without repercussions, whether or not to help in training their replacements.
As long as the company keeps the training voluntary, they give the laid-off employee the chance to bury his or her pride and earn some final extra money before he or she must face unemployment or find a new job. In this case, the ethicality that is questioned is whether it is alright to outsource jobs to foreign countries.In the long run, outsourcing jobs to foreign countries is not only beneficial to large corporations, but to every single American citizen as well.
It benefits the economy as a whole, affects the cost/price relationship of products, and allows companies to focus on core competencies such as marketing, advertising, financing and engineering.
Digiterra Group ABeam Consulting Accenture Advisory Board Company Added Value Alexander Proudfoot AlixPartners Alpha Financial Markets.
A new book by Gregory Clark identifies "labor quality" as the major enticement for capital flows that lead to economic prosperity. By defining labor quality in terms of discipline and attitudes toward work, this argument minimizes the long-term threat of outsourcing to developed economies.
By. After being taken down twice by Blogger within a single week, we got the message: It’s Time To Go. Gates of Vienna has moved to a new address. Low-cost country sourcing (LCCS) is procurement strategy in which a company sources materials from countries with lower labour and production costs in order to cut operating expenses.
 LCCS falls under a broad category of procurement efforts called global rutadeltambor.com process of low-cost sourcing consists of two parties.
The customer and the supplier countries . Morality of U.S. Corporations Outsourcing American Jobs to Foreign Countries - This paper argues the morality of U.S. Corporations outsourcing American jobs to foreign workers in other countries as well as the same corporations importing foreign workers to replace large numbers of their existing U.S.
employees with lower wages and reduced benefits.