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A CEO at the Society for Human Resource Management made a shocking move when he outsourced an employee's job to India after she asked for it to be remote, saving 40% on labor costs. This highlights a potential risk for workers who ask for permanent remote work.
Facts
? Offshoring: Hiring someone in India saved the company around 40% in labor costs, according to the CEO.
? Remote Work: Some tech companies have hired remote workers overseas amid layoffs, and offshoring positions overseas could see a surge as companies look to reduce costs.
? Society for Human Resource Management: The company has a hybrid remote work policy that allows employees to work from home on Friday and Monday.
? Global Competition: If more US businesses open their job listings to overseas workers, white-collar workers could find themselves competing with a global pool of applicants.
? Risk for Workers: Asking for permanent remote work could lead to a worker's job being outsourced.
? Decline in Remote Work: The number of remote positions offered in the US has been steadily declining, especially as more companies impose return-to-office policies.
?? Tech Industry: US tech companies are turning to overseas labor where the average compensation for tech jobs is often far lower than in the US.
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