There are plenty of companies that supply to a global market in Asia that outsource to specialised western management. It's not just a one way street.
There were some changes to the Living Away From Home Allowance recently that closed a few loopholes, making working here less lucrative for outsourced/offshored work.
A lot of companies that were outsourcing have cut back a bit in my industry. We're winning deals from larger outsourcers for the simple reason that some of them have had bad experiences. New consultants with little to no business experience who do a poor job of implementing solutions. That's not to say all are like that, but a lot of them are.
That said, the gen Y's are not without their issues and I know of plenty of people who are hesitant to hire them. Lazy, opinionated, more interested in social media than their jobs, will not do the hard yards as they expect to start higher than they should, over inflated opinion of their self worth to a company etc. I think people come out of uni with this magical idea they are going to walk into a $100k job and it doesn't exist. 20 years ago a degree was worth something, these days it's a minimum entrance requirement.
You bet wrong, in the tech fields anyways - I checked with old-timers many times before, as I was curious about that too.
I heard your bet once from someone who didn't survive the first month of probation though.
Something "broke" at some point, before Y2k.
Saffer's description is simply right, and his 20-years-ago is about right too.
Technically, the y2k bubble-scam started around 1995, that's when employers started giving crazy conditions.
I had this kid fresh from uni the other day, referring to the y2k money he wanted to make. The lazy b... was not renewed for being below avg and still wanted to make $100/hr, yeah right.
They simply haven't understood that the y2k thing is gone.
Not clear on the concept, huh?
Back on topic: about 10% of my team is outsourced. Often is.
I can't help but notice it is creeping; that is it is going from code cutters to management, and moving over to your traditional white-collar stuff too. Desk jobs in general.
Your job could be next, especially if people like Gina have their way.
It's the old balance between protectionism and competition/profit.
I dunno.