According to a survey conducted around the world, IT companies hold the top position outperforming any other type of business in outsourcing. In addition, many reports in Computer Weekly magazine state that outsourcing is increasing at a rate of 5.9 percent per year in IT companies and continues to rise. This is the scenario in each and every IT company and not just a definite one. This has left many young people thinking of pursuing a career in this field wondering what exactly are the reasons behind outsourcing and also if it happens often. Therefore, this article provides all kinds of necessary information for everyone to understand the true nature of outsourcing that happens in the big and famous IT companies as well as in the small IT companies.
1) The expense: Based on a survey study on IT companies, it is a fact that an average IT manager earns around fifty thousand dollars per year. However, it cannot be guaranteed that all this huge amount of money will be paid to the managers. There are innumerable factors to consider when deciding the salary of the manager or for the same reason, any other position. The expanding trade of recruitment, additional company perks and other upgrades require a lot of money and this money is deducted from the staff member’s salary. Many IT companies incur losses because they run out of funds and cannot recover them even by outsourcing most of their staff.
2) Lack of training experts: IT managers who recruit new people to their company do it; based on your graduation qualifications and other additional factors. However, all new hires must receive efficient training in the tricks and trade of the information technology business. It is definitely not an easy job as the pay is quite high. Small IT companies do not get suitable jobs and as a result the profit received is much less. That’s why staff members don’t get paid their bonuses or sometimes even their salary on time. After a while, they are fired from their jobs because the company needs to save money to run smoothly.
3) Misuse of IT companies: If a business doesn’t seek help from an IT company, it can save a certain amount of money a year, but lose a lot more elsewhere. IT companies help companies by preparing different programs and systems, which in turn makes it easier for the finance section of the company to manage their faculty without too much hassle. Many large, global companies didn’t realize this until a few years ago. That is why even though the IT sector was flourishing in full force, only the big IT sectors flourished and the rest of them made losses that ultimately resulted in outsourcing.