Outsourcing is subcontracting a process to a third-party company. Outsourcing involves the transfer of the management and day-to-day execution of an entire business function to an external service provider.
Fields of Outsourcing
Companies outsource work related to the field of information technology, human resources, facilities, real estate management, and accounting. Many companies also outsource customer support and call center functions like telemarketing, CAD drafting, customer service, market research, manufacturing, designing, web development, content writing, ghostwriting and engineering.
Purpose of Outsource a work
The decision to outsource is often made in the interest of lowering cost or making better use of time and energy costs, redirecting or conserving energy directed at the competencies of a particular business, or to make more efficient use of land, labor, capital, technology and resources. Outsourcing became part of the business lexicon during the 1980s. It is essentially a division of labour.
Outsourcing in Pakistan
Menlo Park, California based oDesk has ranked the Philippines and Pakistan as the top two outsourcing destinations in terms of growth, value for money and customer feedback.
oDesk helps its clients with tools, technologies and services to hire and manage remote work teams. Other companies in its category, including Elance, Guru and RentACoder, create marketplaces in which employers and freelancers can contact one another. These sites often manage the payments, and make money by charging membership fees.
According to oDesk, Pakistan experienced 328% growth in its outsourcing business in 2007-8, second only to the Philippines (789%) on a list of seven top locations that include US (260%), Canada (121%), India (113%), the Ukraine (77%) and Russia (43%).
Pakistan ranks number one in value for money for developers and data entry and number two overall behind the Philippines where the cost of answering calls is about half of the cost in Pakistan. Pakistan is well ahead of India and just behind the number 1 ranked United States in customer satisfaction.
“The salaries of IT professionals in Pakistan are approximately 30% lower than those in India, while telecommunication costs are also lower as compared to any other offshore locations, which make Pakistan an attractive outsourcing destination.”
work at home jobs opportunities in Pakistan
Outsourcing industry is growing day by day and as mentioned above the ranking of Pakistan is improving with the passage of time which shows that our youth are adopting this profession rapidly. There is a great margin of income in this field. Our neighbor India earns billion of dollar every year from outsourcing industry.
If you are expert of any of the field mentioned below and can work at home then a very interesting career is waiting for you.
Fields where outsourcing industry needs professionals:
- Admin support
- Call center agent
- Web page designing
- Search engine optimization
Outsourcing jobs providers worldwide