Skip navigation
Watchlist Sponsored By :


Current DateTime: 12:37:00 28 Nov 2009
LinksList Documentid: 24355697
  • Runway Angels

      The superbowl of fashion shows, models walk down the runway at the 2009 Victoria's Secret Show.

  • Smartphone Guide

      Here's a need-to-know guide to nine devices, based on features, price, network and platform.

  • Wines for the Holidays

      Not quite sure what wine to pair with Turkey or Creme Brulee? Our experts do.

FEATURED QUIZZES


Current DateTime: 12:37:00 28 Nov 2009
LinksList Documentid: 33793611
  • How Well Do You Know Your Bird?

      Let's talk turkey. Test your turkey knowledge and perhaps pick up a bit of trivia to trot out at your holiday meal.

  • A Healthier & Wealthier You

      Take the following quiz and find out how much you know about the impact of obesity on the health of the U.S. economy.

  • The Billionaire BFF's

      Philanthropists. Bridge partners. Hockey players. Which responses are based on facts from Buffett's and Gates' real lives?


Current DateTime: 12:37:01 28 Nov 2009
LinksList Documentid: 24890560
  • Winterizing Your Portfolio

      If 2009 was the winter of our discontent, will 2010 be a winter wonderland for investors? A lot depends on the recovery—or lack thereof.

  • Investor's Guide to Real Estate

      Some even say the long-awaited recovery is here. Regardless, buyers and sellers alike can profit from our guide.

  • Alternative Investing

      Stocks and bonds? Sure. But it's a big world out there for investors.

powered by digg
Think Your Job Won't Go Overseas? Think Again
By: Joseph Pisani, CNBC News Associate | 23 Apr 2008 | 11:25 AM ET
Text Size

If you think your job is immune to offshoring, think again.

AP

A study conducted by CareerBuilder.com and the Wharton School of the University of Pennsylvania, found that 28 percent of the employers surveyed who offshored expect more of their high-skill positions to be shipped overseas.

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 .

© 2009 CNBC.com
Tools:
Print EmailAdd This share icon
  • digg share

CNBC HIGHLIGHTS

  • These four sectors will be the next to lead the market.
  • Zhu Zhu Pets are this year's must-have toy, fetching $40 or more on eBay.
  • T shirt man
  • From the why-didn’t-I-think-of-that file, we present Jason Sadler, a man whose job is wearing T-shirts.
  • It may be the most unusual guide to business you'll read.
  • Shopping for a gadget hound? The choices can be baffling. Here are a few that should be a hit.
  • "The Who" will be the halftime act for Super Bowl XLIV on Feb. 7 in Miami. Is the NFL behind the times?
ADD COMMENTS
Remaining characters


Current DateTime: 01:02:03 28 Nov 2009
LinksList Documentid: 29778428

Current DateTime: 01:02:03 28 Nov 2009
LinksList Documentid: 29779196

Current DateTime: 01:02:03 28 Nov 2009
LinksList Documentid: 29779199

Current DateTime: 01:02:03 28 Nov 2009
LinksList Documentid: 29779198
  Data is a real-time snapshot  *Data is delayed at least 15 minutes
Global Business and Financial News, Stock Quotes, and Market Data and Analysis

© 2009 CNBC, Inc.  All Rights Reserved.
A Division of NBC Universal
Thomson ReutersThomson Reuters