{"id":6580,"date":"2004-08-16T19:59:01","date_gmt":"2004-08-17T02:59:01","guid":{"rendered":"http:\/\/hill-kleerup.org\/blog\/wp\/2004\/08\/16\/insourcing.html"},"modified":"2004-08-16T19:59:01","modified_gmt":"2004-08-17T02:59:01","slug":"insourcing","status":"publish","type":"post","link":"https:\/\/hill-kleerup.org\/blog\/2004\/08\/16\/insourcing.html","title":{"rendered":"Insourcing"},"content":{"rendered":"

Some good news on outsourcing<\/a>:<\/p>\n

Judging by various outfits’ plans, this trickle of reverse offshoring may well turn into a flood. In their attempts to pacify U.S. customers spooked by offshoring failures and bad publicity, these companies could end up creating more jobs than they take away. A recent study by economic think tank McKinsey Global Institute has found that every dollar a U.S. company spends on outsourcing results in $1.12 to $1.14 in additional work here.
\nForeign investment for setting up U.S. subsidiaries and plants doubled, to $82 billion, between 2002 and 2003, according to the Commerce Dept. That means 400,000 new jobs, most of them tech-related, figures the Organization for International Investment, a trade association based in Washington, D.C. Over the same period, outsourcing has taken away about 300,000 U.S. jobs, according to tech consultancy Forrester Research. So, on a net basis, foreign outfits have actually added some 100,000 U.S. jobs.<\/p>\n

And there are, evidently, good reasons why companies are doing this, including it being a good sales tactic, client expecations about local presence, security concerns from Sarbanes-Oxley, and simple time zone coordination for global firms.<\/p>\n

One hopes the trend will continue.<\/p>\n

(via Pejman<\/a>)<\/small><\/p>\n","protected":false},"excerpt":{"rendered":"

Some good news on outsourcing: Judging by various outfits’ plans, this trickle of reverse offshoring may well turn into a flood. In their attempts to pacify U.S. customers spooked by…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[35],"tags":[],"class_list":["post-6580","post","type-post","status-publish","format-standard","hentry","category-big-business"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":5345,"url":"https:\/\/hill-kleerup.org\/blog\/2004\/04\/02\/outsourcing.html","url_meta":{"origin":6580,"position":0},"title":"Outsourcing","author":"***Dave","date":"Fri 2-Apr-04 1:14pm","format":false,"excerpt":"It's a hugely sensitive topic, of course, the outsourcing, or offshoring, of US jobs, particuarlly now that more white collar positions are being thrown into the mix. But it may...","rel":"","context":"In "Job Jollies"","block_context":{"text":"Job Jollies","link":"https:\/\/hill-kleerup.org\/blog\/category\/job-jollies"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5771,"url":"https:\/\/hill-kleerup.org\/blog\/2004\/07\/20\/where_will_it_e.html","url_meta":{"origin":6580,"position":1},"title":"Where will it end?!","author":"***Dave","date":"Tue 20-Jul-04 2:31pm","format":false,"excerpt":"The standard retort (rightly or wrongly) to claims that the economy is improving, jobs are increasing, and outsourcing is actually good for US employment, is that the jobs that are...","rel":"","context":"In "Big Business"","block_context":{"text":"Big Business","link":"https:\/\/hill-kleerup.org\/blog\/category\/big-business"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":132715,"url":"https:\/\/hill-kleerup.org\/blog\/2017\/01\/31\/coming-soon-to-an-import-industry-near-you.html","url_meta":{"origin":6580,"position":2},"title":"Coming soon to an import industry near you","author":"***Dave","date":"Tue 31-Jan-17 2:06pm","format":false,"excerpt":"I will be the first to confess that the issue of offshoring jobs has no easy answers, because it has no easy answers. 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Let's set the all time record! \u00b9Even if the only folk there are a park\u2026","rel":"","context":"In "~PlusPosts"","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":132173,"url":"https:\/\/hill-kleerup.org\/blog\/2016\/12\/07\/tweetizen-trump-2016-12-07-the-yuge-deal.html","url_meta":{"origin":6580,"position":4},"title":"Tweetizen Trump – 2016-12-07 "The Yuge Deal","author":"***Dave","date":"Wed 7-Dec-16 7:16am","format":false,"excerpt":"Kind of a quiet day on the Tweet front yesterday (after the big Air Force One kerfuffle). Really, only one pair of tweets of note:Masa (SoftBank) of Japan has agreed to invest $50 billion in the U.S. toward businesses and 50,000 new jobs.... Masa said he would never do this\u2026","rel":"","context":"In "~PlusPosts"","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":12955,"url":"https:\/\/hill-kleerup.org\/blog\/2008\/09\/01\/potpourri_on_labor_day.html","url_meta":{"origin":6580,"position":5},"title":"Potpourri on Labor Day","author":"***Dave","date":"Mon 1-Sep-08 2:04pm","format":false,"excerpt":"IN OTHER POLTICAL(ISH) (AND NON-PALIN) NEWS Internet Traffic Begins to Bypass the U.S. - NYTimes.com\u00a0- It was inevitable, but it's happening faster than expected due to investment decisions by US...","rel":"","context":"In "Big Business"","block_context":{"text":"Big Business","link":"https:\/\/hill-kleerup.org\/blog\/category\/big-business"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts\/6580","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/comments?post=6580"}],"version-history":[{"count":0,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts\/6580\/revisions"}],"wp:attachment":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/media?parent=6580"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/categories?post=6580"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/tags?post=6580"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}