Outsourcing Work Overseas Essay Example | Topics and Well Written Essays - 250 words

Outsourcing Work Overseas - Essay Example For instance, if an employee in the current home-based organization is given a salary rate of $10 per hour and outsourcing the job would mean that the same position is given an acceptable salary of only $5 per hour, then, a savings of $5 per person per hour would be generated. Likewise, this option also considers that the skills, competencies and qualifications of the workforce are significantly at par with those employees at home. Concurrently, the home organization acknowledges being more vigilant in terms of addressing security and control issues; which could be compromised or threatened due to outsourcing – given the external environment that puts the risk to the home organization. These issues could be justified by placing stringent control measures as well as regular monitoring and performance evaluation schemes. Finally, in terms of technological applications, as emphasized by Putra (2011), is in terms of risk-sharing, to wit: â€Å"the company could minimize risk while at the same time gain access to latest technologies and best practices in utilizing the new system to meet the business objectives† (par. 16). Sharing of knowledge, expertise and applications in required technological systems and processes are likewise facilitated through outsourcing. Strain, M. (2012). Advantages and Disadvantages of Outsourcing Production. Retrieved from Hearst Communications, Inc.: