![]()
- Consumer Sentiment Falters, Despite Job Growth
- Greek Aid Deal ‘Much Better’ Than Euro Exit: Summers
- Bonus Bloodbath: Europe Banker Backlash Continues
- US Trade Deficit Swells to $48.8 Billion on China Gap
- SEC Reaches Settlement in Bear Stearns Fraud Case
- Israel Likely to Bomb Iran This Year: Political Analyst
- EU Agrees Rules for $700 Trillion Derivatives Market
- The World's Best Beers
- Rep. Bachus Faces Insider Trading Probe: Report
- Bank of America’s Worst-Case Scenario Gets More Real
- Tesla Unveils First SUV: Model X
- New York Fashion Week Hits the Runway as Colors Pop
- Mulling Buffett's Stock Advice? Get in With REITs: Fund Managers
- LinkedIn Earnings Bode Well for Hiring and Social Media
- Top Five Mistakes to Avoid in Online Dating
- Victor Cruz ‘Understands’ Gisele's Super Bowl Frustrations
- Tamminen: The United States of India
- Unusual Volume: Taleo Jumps After Oracle's $1.9 Billion Offer
MOST SHARED
- Users of Citibank Bill-Pay App Charged Twice
- US Trade Deficit Swells to $48.8 Billion on China Gap
- Rep. Bachus Faces Insider Trading Probe: Report
- Euro Sags, Risk Appetite Softens on Greek Deal Holdup
- What's Shaking: Friday's Early Movers
- Israel Likely to Bomb Iran This Year: Political Analyst
- Will Romney Regret Opposing Michigan Auto Bailout?
- FBI Investigated Steve Jobs Drug Use
- Greek Aid Deal ‘Much Better’ Than Euro Exit: Summers
- EU Finance Ministers Won't Get Fooled Again
MOST POPULAR
HOT ON FACEBOOK
Think Your Job Won't Go Overseas? Think Again
CNBC News Associate
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 .
- How much did the Facebook founder pay for other shareholders' voting rights? Not a heck of a lot, says the NY Times.
- Here’s a look at Westminster Kennel Club’s most successful breeds and how much they cost.
- When looking for that next career move, workers need to look at the differences between a start-up and a public firm.
- After enduring the recession, many Baby Boomers say money isn’t the most important thing they hope to leave to their kids.
- The ‘Fast Money’ traders weigh in on fashion related stocks from apparel to footwear to accessories and fragrances.
- Attention, online shoppers. The days of tax-free online shopping may be coming to an end in many states.











