![]()
- Dodd Proposes Creating Financial Stability Agency
- Fed Officials Warn About Job Growth, Weak Recovery
- Jobless Rate to Hit 10.5%, Keeping Fed in Box: Poll
- Consumers' Mood Improves, But Will Sales Follow?
- New Lows for Stocks Next Year: Equities Bear
- AIG Moving Toward Repaying Bailout: Moody's
- Peak Oil Closer Than IEA Forecasts Show: Report
- Buffett and the Crisis: 'Brilliant Moves...Surprising Errors'
- Attention Travelers: America Is Now On Sale
- Back Off, Regulators!
- America Is On Sale
- Warren Buffett and the Crisis: 'Brilliant Moves Interspersed with Some Surprising Errors'
- Schork Oil Outlook: More Strength in Crude
- Chrysler Makes Smart Call Staying Unplugged—For Now
- Your Next Move: Thriving and Managing in Limbo
- Yankees Team Signed Ball Selling For $3,500
- Pociask: In The Electronics War Does The Consumer Really Win?
- Why are Options Bullish on This Smartphone Maker?
MOST SHARED
- Pociask: In The Electronics War Does The Consumer Really Win?
- Peak Oil Closer Than IEA Forecasts Show: Report
- News Corp. May Pull Content From Google Searches
- Jobless Rate to Hit 10.5%, Keeping Fed in Box: Poll
- AIG Moving Toward Repaying Bailout: Moody's
- Justices Poke Fun at Patents for the Abstract
- Can Apple Top Microsoft as Most Valuable Tech Firm?
- Home Prices Sank Further In Most Parts of US in 3rd Quarter
If you think your job is immune to offshoring, think again.
![]() |
AP |
Among the jobs respondents identified as positions they plan to offshore are computer programmers, sales managers, general managers, human resources personnel, software developers, system analysts, customer service representatives, marketing personnel and graphic designers.
Not surprising, the primary reason for offshoring is cost. Forty-nine percent of employers said they saved over $20,000 for each job that was moved overseas.
Although reducing expenses is one of the main reasons for offshoring, American jobs are increasingly being "offshored for reasons other then cost," says Lorin Hitt, associate professor of Operations and Information Management at the Wharton School.
Employers who are looking to expand their business globally are moving jobs to "destinations that are closer to their customers," says Hitt.
For the most part, jobs that are moved out of the U.S. are going to India: 44 percent of employers said they sent jobs there, followed by China (24 percent), Mexico (12 percent), Canada (9 percent), Germany (8 percent), The Philippines (7 percent) and Britain (7 percent).
While offshoring does eliminate jobs from Americans, the survey, which was completed by 3,000 hiring managers and human resource professionals, found that 28 percent of employers who offshore jobs said that it allowed them to create new positions in the United States.
Joseph Pisani is a news associate at CNBC.com. He can be reached at .
- From politicians to CEOs to companies, here's your chance to vote for the winners and losers of 2009.
- With prices well below peak, gems could add some sparkle to your investments.
- On the anniversary of the fall of the Berlin Wall, many in the former Eastern Bloc recall communism fondly.
- Do free market libertarians really believe what they say about ethics and shareholder value? The Big Money takes a look.
- The opening of a virtual pet store in “World of Warcraft” could prove a cash bonanza for Activision-Blizzard.
- The health care reform bill that passed the House on Saturday will have a much harder time in the Senate.











