For the past two years we have been hearing people ask, where are the jobs? I might be able to help shed some light & perhaps provide a more quantifiable approach to answering the question.
First of all, companies are having trouble setting productivity standards. We have seem a tremendous technological increase over the past two decades. During that Twenty year time frame, instead of asking an employee to do more, companies/ owners would just hire an additional FTE or PTE for the specific task. Today we have the resources and desire to set productivity standards. This can be accomplished relativity quickly and easily by either hiring someone to create a model for you, or just using current production standards as a base line.
Another item to consider is Outsourcing overseas. Outsourcing overseas by Fortune 500 and Fortune 1000 companies is larger than you think. www.abovetopsecret.com reports that 40% of Fortune 500 companies outsource something. Call Centers provide the most proof that outsourcing overseas is profitable. The trend is for IT type functions to quickly follow.
These statistics are not hard for me to believe, because I work for a Fortune 500 company for 8 years, and my job was outsourced shortly after I was recruited to another employer.
