New Study Identifies Jobs at Risk for Offshoring, and Implications and Benefits for the U.S. Job Market
According to a new survey by CareerBuilder.com and researchers at the Wharton School of the University of Pennsylvania, thirteen percent of employers said their companies outsourced work to third party vendors outside the country in 2007. According to respondents who offshore, more firms are offshoring high-wage, high-skill jobs that were once thought to be immune to global competition. Twenty-eight percent of these employers reported more high-skill services positions are being sent overseas to third parties or foreign affiliates in need of management, technology and sales and marketing know-how. Examples of jobs companies plan to offshore:
Computer programmers - 32 percent
Software developers - 32 percent
Customer service - 25 percent
Systems analysts - 16 percent
Sales managers - 8 percent
Graphic designers - 8 percent
HR personnel - 7 percent
General managers - 6 percent
Marketing personnel - 5 percent
U.S. Executives Report Employee Retention a Top Priority in 2008
More than 80 percent of business executives consider employee retention a top priority, according to the annual Employee Turnover Trends survey by TalentKeepers Inc., a global provider of employee retention research. The survey finds that 81 percent of executives consider employee retention an important business priority, a staggering jump from the 41 percent in 2007 who considered employee retention a top priority.
What's interesting to note is that although there is a growing concern for employee retention as a business priority, executives seem to be more optimistic about their own situation than they are about others in their industry -- expressing an "it won't happen to me" mentality. Almost 40 percent of respondents believe that turnover will increase within their industry, but only 21 percent expect their own turnover to worsen.
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