Archive for August, 2010

No visa for firms hiring less than 50 percent Americans

August 30th, 2010

After Washington’s decision to double the visa application fees as a part of its border security law, another bill has been proposed to axe visas (whether H1-B or L1) to foreign companies that do not employ at least 50 percent local people in the U.S.

The Comprehensive Immigration Reforms Bill, which aims to curb illegal immigrants to the U.S. from Mexico, is likely to hit the Indian IT outsourcing industry in November, with potentially disastrous consequences.

If the bill is passed, it is expected to affect the Indian IT outsourcing sector, which is nowhere near this 50 percent figure and still relies on H1-B and L1 visas to transition clients’ contracts offshore.

“Most politicians are trying to capitalize on the issue on the back of rising unemployment and a lot of negative sentiment floating around that,” said a senior executive of one top Indian IT outsourcing firm. He did not wish to be named, as his company has significant business interests in the U.S.

Indian IT service companies depend heavily on H-1 and L-1 visas to send engineers from India on a temporary basis to transition clients’ work to India: gathering client business requirements, getting the design ready; and sometimes to support a client’s IT infrastructure maintenance works onsite.

Most companies also send Indians for various front-end roles like account management, relationship management and sales and support. Besides, most IT employees in India consider onsite (U.S.) postings a prime motivation factor to further their career growth. If that disappears, most companies will find it difficult to get talent.

Nasscom, the apex industry body representing the software services industry in India, has been asking U.S. authorities and lawmakers to introduce temporary service visas or work permits similar to those of the UK, Germany and France. It made this clear in 2009 when senators Chuck Grassley and Dick Durbin were planning to introduce the Visa Reforms Bill in the U.S. Senate.

A major part of the Durbin-Grassely proposals are now believed to have been incorporated in the Comprehensive Immigration Reforms Bill. Nasscom is awaiting an official draft of the Bill before renewing its campaign against the move.

According to Nasscom President Som Mittal, there is no official draft available at the moment, which is why there are many versions floating around. There are discussions between the U.S. administration and Congress on a 10-point agenda on the shape of the Bill.

Industry insiders say the recent spurt in anti-outsourcing initiatives in the U.S. are due to political reasons. The U.S. economy is also passing through a rough patch, with talk of double-dip recession growing louder with each passing day. Unemployment rates are high and private indebtedness is very high.

Because of growing fiscal deficit, most new U.S. government programmes are self-funded, otherwise it would be difficult to get Congressional approval.

Source:http://www.siliconindia.com/shownews/No_visa_for_firms_hiring_less_than_50_percent_Americans-nid-71100.html

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The economics of article outsourcing

August 30th, 2010

Today I want to talk a bit about outsourcing as it pertains to article writing and the economics of doing this. I see countless posts over at WarriorForum.com, or other places, asking about how to get started outsourcing article marketing.

Obviously, article marketing can be a powerful way to promote your business. You get backlinks from your articles, and you get potential traffic from people who read your articles.

So let’s talk about your options when it comes to outsourcing article writing:

1) You can go to a freelancing site such as Elance or oDesk. Here you can probably hire someone to write articles for you either by the hour, or more likely, on a per-article basis. You generally spoon feed the person the exact keywords and other article requirements. They work for you but they also work for many other employers. They get paid by the article and they crank out whatever they crank out. You might get lucky and find a great person through this method, but it’s not easy. They have no real incentive to learn about YOUR business, and do anything to help you succeed beyond writing articles. They are not truly working for you.

2) You can hire your own writers to work for you full time. This is far more effective, in my own experience, because you are able to set expectations for how much output a person creates in an average week or month, while paying them a salary. This means they aren’t looking to crank out garbage. You can also teach them exactly what you need accomplished. You can show them how to do keyword research so that they know exactly what to write about without you needing to explain it on every single assignment. You can earn each other’s trust and you can give them your login details for article marketing accounts, so that they submit the articles for you. You can get them to track your rankings for keywords. There is FAR more value in having a dedicated employee than hiring a freelancer.
The Economics:

I use Unique Article Wizard, so whenever I have a writer do articles for me, I get 3 versions of the article along with a resource box file that we submit to the UAW service.

Imagine that on a typical day my writer takes plenty of breaks (you go nuts writing all day), and outputs a total of 3 article “sets” each day. That’s actually 9 articles, but only 3 topics because each “set” for UAW has 3 versions like I said above.

There are an average of 22 work days in a month. That’s 66 article sets per month. Say the salary is $400 per month. You can hire people for less, but I’m using numbers that are very achievable for you.

This works out to a cost of $6.06 per article set. Oh, and since my writers also submit to the Unique Article Wizard Service for me, this means that I’m getting a lot more than “just” an article. I’m completely outsourcing article marketing so that my time is free to figure out what the next growth path will be for my business.
Do you need a full time article writer?

If you are not sure, then you probably don’t have ambitious enough goals. With one writer on your staff, full time, you should be able to pick 3 niche markets, setup blogs within each niche market and find products that you can promote using a feature box in your blog (or the “What Would Seth Godin Do” plugin).

Then, you train your writer to follow the news on each niche market. You have your writer write one article per day for each of the blogs, and post to the blog. The writer then creates the 2nd version of each article and submits to EzineArticles.com (and perhaps other directories). Then, the writer creates the 3rd version of each article and submits the entire set (all 3 versions) to Unique Article Wizard.

If you pick niche markets that actually have buyers, and you promote products that actually sell, then you should have no problem making a solid profit with this strategy. And there are many variations of it.

For example you could have your writer do product reviews and write articles to point backlinks at your reviews. Go to some of the affiliate networks where physical products are promoted. CJ, ShareASale, LinkShare, etc. Find products that look like they sell very well (check for real user reviews online).

When you find a great product that you think you can promote, check the top 10 organic listings when you query the product name in Google. Look at the number of search results using phrase match (product name in quotes). Look at the average page rank of the top 10 listings using broad match (no quotes, the way people actually search). If you think you can get ranked for the product name, publish a review. Then start sending articles to the review using Unique Article Wizard. You’ll be surprised how many awesome products there are to sell out there once you move away from Clickbank. Even Amazon has a TON of stuff out there, but you need to focus on expensive products given the 6-6.5% commission cap.

The point is this: Hiring an article writer in the Philippines is very low cost. If you have ANY aspirations for making money online you better learn how to manage a few employees and you better learn how to do article marketing.

The side point is this: If you are willing to step up to the plate and hire a dedicated employee for a few hundred bucks per month, then using a service such as Unique Article Wizard is a no-brainer. It’s like buying a car for $30k and not paying an extra $5k to be able to drive faster than everyone else.

Source:http://replace-myself-bonus.com/the-economics-of-article-outsourcing.php

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Website development outsourcing- a booming trend in india

August 30th, 2010

India is considered to be the leader in IT and computer software industry without any doubt. You will be able to find the best of computer and IT companies like Tata Consultancy Services, Wipro, Infosys, Mahindra Satyam and many other companies with vast experience, skills and adeptness in this relative field. Many European and foreign companies outsource their web related or computer related tasks to in the form of outsourcing to India. Those overseas companies get the best of service, products and other goods as per their requirement and expectation without any shortcomings. The biggest advantage is the saving of enormous money when they outsource their related website development work to India. India is considered to be the finest place to outsource website development work as it has numerous well qualified and vastly experienced computer software and IT professionals and well renowned companies. So if you want to develop a very useful and advantageous website then outsourcing the work to India can be the best possible solution currently.

Website Development Outsourcing industry is expected to grow by 50% in the next 5-10 years without any hesitation. Multinational companies which are outsourcing their work will certainly double their budget so that they can acquire more enhancement, productivity and effectiveness and at the same time a golden opportunity to save enormous money which they would have not been able to save if the same work was given to local companies or private individuals in their respective country. Now one cannot assume that website development outsourcing is an old business notion but the industry has managed to acquire considerable growth and success within a short period of time quite significantly by leaps and bounds. The outsourcing industry is expected to grow even more profoundly and continuously.

Currently, India has a market share of around 80% of all website development outsourcing or offshore development all over the world. India has a very vast pool of skilled and experienced professionals who are quite adept in this field. It has also been said that the demand for outsource website development and other related offshore tasks may expand rapidly and India may not be able to satisfy all the website development solutions due to lack or decrease in skilled labor. With the demand expected to increase along with the overall wage rate in India hence, overseas companies are looking for other lucrative and cost effective destinations like Vietnam and China. The practical use of English language is the single biggest factor which tilts the overall balance in favor of India. India has a vast population of superior English speaking professionals which is advantageous and highly effective.

Consequently, India needs to increase and expand its skilled English speaking work force so that they can easily acquire lucrative website development outsourcing projects in the future. At present, the scope of computer and IT industry is rapidly increasing all over the world and the potentiality of this industry cannot be ignored. India will continue to dominate this industry with their superior professionalism, enhanced education and worldwide exposure.

Source:http://freearticlehq.com/internet/website-development-outsourcing-a-booming-trend-in-india/

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Outsourcing it—fast return on your investment

August 30th, 2010

Information technology (IT) systems meet high standards of processing integrity, while offering round-the-clock availability, security, and good performance. In today’s cut-throat competitive environment, business organizations face the enervating challenges and pressure of delivering IT functionality in a real time crunch. In such a time-bound scenario, organizations find outsourcing of their information system activities as a tempting option.

IT outsourcing occurs when a business organization contacts another organization to get an IT function performed rather than performing itself. IT outsourcing has grown in popularity as an efficient, cost-effective and expert solution designed to beat the challenges of systems implementation, maintenance, security and operations. Nowadays, organizations intend to opt for offshore IT outsourcing so as to curtail costs and related taxes and maximize gains backed by quality services.

There is a list of some tips for successful outsourcing:

? Defining the objectives

? Outsourcing for the right reasons

? Answering some key questions concerned with core competencies, cross-functional impact etc

? Using a methodical approach involving planning phase, analysis phase, design phase, implementation phase, operations phase and termination phase

? Considering all stakeholders

? Getting the right people involved

? Understanding the vendors

? Choosing the right relationship

? Negotiating a sound contract

? Using performance incentives and penalties

? Establishing a relationship management structure and processes as part of the contract

? Using objective performance criteria

? Emphasizing on the development of the people involved in relationship management

? Managing the issues related to people

Outsourcing IT is a big bonus to booming business organizations. This cost-effective technique renders a list of benefits that can be classified into three broad categories enumerated as below:

? Operational Benefits

? Performance reports and measurements are made available to buyer organization by the supplier firm.

? Round-the-clock support at a fraction of the cost is made available to the clients.

? Service level agreements (SLAs) are established by the supplier firm.

? Service quality is greatly enhanced.

? Gaps due to attrition or economic downturns are avoided and overall staffing levels are adapted as per the client’s requirements.

? IT professionals are fully trained on the latest technologies.

? Scalable solutions rendered by supplier firm support mergers and acquisitions.

? Start-up time on entering the new market is tremendously minimized by outsourcing solutions.

? Service provider companies also take the management of non-essential core functions.

? Technological Benefits

? Service provider companies keep a track of latest and advanced technologies thereby gaining access to IT expertise, which in turn renders scalable and robust IT solutions to the clients.

? Service provider companies use established standards of equipment and software requirements, thereby saving a considerable proportion of time and money.

? Service provider companies also make use of approved lists of reliable vendors, thereby promising excellent quality of goods and services.

? Financial Benefits

? Billable hours are accounted for and hence IT cost is made visible by the service provider firm.

? Utilization of the extensive knowledge base of IT professionals of the service provider firm results in remarkable cost reduction.

? Outsourcing solutions significantly limit the required capital investment thereby channelizing the available financial resources for more purposeful and strategic activities.

To conclude, it would be apt to say that in today’s business environment outsourcing IT is quite an attractive option and forms an integral part of an organization’s overall business strategy. The rationale behind pursuing this remarkable technology involves its multiple benefits. A well-chalked out strategy, due heed in service provider selection, conscientiously drafted contract and good monitoring of the outsourcing IT services delivered will assist the organization in reaping the profits it expects.

Source:http://business44.com/2010/08/outsourcing-it-fast-return-on-your-investment/

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Payroll Outsourcing ? The Fun of Pay and Bill

August 30th, 2010

Pay and Bill is not the most exciting procedure in the day to day life of any business man or woman, but is something that needs to be done and it is getting more and more difficult as its not directly paying salary anymore. Every other employee has a different taxation rate as they are of different age, on a different wage rate, or have a student loan that needs to be included within the payroll data. And on top of that there is sick pay, pension pay and vacation allowance so it is not a very simple procedure anymore and is extremely time consuming. So it may be worth considering outsourcing your company pay and bill to reduce costs, save time for the finance and accounting departments and in essence you are outsourcing all of the complexities of payroll and billing and eliminating the chance of making any miscalculations.

As a manager, making decisions is part and parcel of the job description and one of the major decisions that managers have to weigh up each and every day is whether an employee’s time is worth more than the cost of outsourcing payroll and other finance and accounting duties. Another option would be to invest in some in-house HR and payroll software however, that would all depend on how the HR department’s time is valued and whether technology is required for a more efficiently ran team. Another factor for relinquishing the burden of payroll is that taxation rates are ever fluctuating and it is difficult to get it 100% correct every month and by passing over the responsibility to payroll specialists then the probable errors would be eradicated.

Payroll is usually entrusted to a particular employee that has had many years experience in bookkeeping, but if the occasion rises when he or she is temporarily ill or away on vacation then there is a void where a payroll outsourcing agency can come in and offer a professional service with second-ton-non knowledge of taxation, pay and bill and other finance and accounting services.

There are many companies that offer payroll services at different rates on different contracts but it is important to remember that you are outsourcing to maximise the skills and knowledge of key personnel in your company and so they can do other duties rather than the monotonous chore that pay and bill can be. Companies can offer technology that can monitor the internal pay and bill, credit control management process for a lower cost than you as a company can actually do it for, thus a saving that can go directly to a company’s bottom line. The technology that could be bought could enable you as a company to easily talk to clients and prospects about web portals, e-time, e-billing, consolidating on-line statements with you as a company not actually having to deliver it.

If you do decide to go with a payroll outsourcing agency, then do be sure to research the company fully, making sure then comply to all of legislator requirements and have a wealth of experience with recommendations in your chosen field.

Source:http://www.imcashsaver.com/blog/payroll-outsourcing-the-fun-of-pay-and-bill

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Are you thinking of outsourcing benefit administration? read this first.

August 30th, 2010

Owning your own company an be a fun thing to do, but at the same time you might have some issues that you are going to run into. Some of the issues that you will run into is how you are going to handle your employee questions about there pay, health care deductions and other problems that they might be having. If you are getting tired of having those questions asked of you then you need to run across the reasons to outsource benefit institution.

Prior to looking into this you will want to weight the cost versus the benefits. To do that accurately you will want to make sure that you get pricing for this from several human resource companies and then compare it to how much it would cost you to have someone do the job for you that is employed by you.

A great reason to use these companies though is that you are going to be able to reduce your payroll. This is because you will not need to have an employee to handle this issue for you. The savings are going to include the savings in paying a person a compensate, there own benefits package, and any possible retirement that they are going to have built up.

Another great reason that you are going to want to do this is so you can save money on an office. You probably realize that your monthly rent or the building cost is going to be determined by the amount of space you use. So if you are able to totally cut out one of the spaces you can see a reduction in your monthly rent bill.

You can be able to send any questions that you get about the benefits that your employees are receiving to the company that is handling the problem. So you will be able to know that they are going to be the ones that are going to handle the calls and you will not have to worry about researching out the answers.

Something else that you will find is that the amount of stress you are going to have will be reduced. That reduction will be because you are not going to have to worry about how this portion of your business is going to be handled. Since you are not going to have to worry about that part you will be able concentrate on other aspects of your business.

Being a business owner can be a trying time, but you will want to realize that you are going to be able those trying times by discovering the reasons to outsource benefit administration. Once you have discovered the reasons to do this you will be able to find a company to handle this for you. Many companies provide these services such as edp, accenture, and certigy.

Source:http://arizonajobfinders.com/are-you-thinking-of-outsourcing-benefit-administration-read-this-first/

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Clinical trial – trends for outsourcing and off-shoring of clinical testing

August 30th, 2010

The market for clinical trial services has been expanding rapidly, with impressive revenue growth and expansion of the sector in recent years. Our new study shows how that sector will develop from 2010 onwards, with benefits to the pharma industry and clinical service providers. Clinical research organisations (CROs) are playing increasingly important roles in drug development worldwide, from conducting phase I trials to post-marketing studies. ( http://www.bharatbook.com/detail.asp?id=149094&rt=Clinical-Trials-World-Market-2010-2025.html )

Ageing populations, increasing prevalence of chronic diseases, growing demand for improved therapies and high growth of the pharmaceutical and biotechnology markets worldwide are driving the clinical trials sector and market. The globalisation of development programmes and the increasing complexity of trials – with regulatory developments – are heightening the need for larger trials and greater numbers of trials. Many pharma companies are outsourcing clinical trials to gain cost savings/efficiencies, greater flexibility and specialist expertise. That trend will continue from 2010 onwards, our new study – Clinical Trials: World Market 2010-2025 – reveals. The emerging clinical trial destinations, including CEE countries, India and China, are achieving double-digit growth, our analyses show.

Our new report considers perspectives of sponsors and CROs for clinical trial outsourcing/off-shoring. We analyse the sector’s strengths, weaknesses and financial prospects from 2010 to 2025 through quantitative and qualitative analyses. This report provides hard-to-find data on the current and future values of clinical trial spending and the CRO market, worldwide and regionally. We address global questions, such as: what proportion of the sector will be held by contract research organisations in future years? Our report also addresses regional questions. For example, how will India’s share of global spending change between 2010 and 2025? Will the Central and Eastern European sector expand more rapidly than that of China? Our new report answers questions such as those, providing the information that you need.

Detailed analysis of the global clinical trials market

Clinical Trials: World Market 2010-2025 examines that sector critically, through a comprehensive review of information sources. We harness primary and secondary research. This report provides detailed sales forecasts, market share analyses and analyses of commercial drivers and restraints, including SWOT analysis. There are over 50 tables and figures and two full interviews with experts on the sector. The result is a comprehensive market- and industry-centred report, with detailed analyses and informed opinion to benefit your work.

Source:http://bharatbook862.vox.com/library/post/clinical-trial—trends-for-outsourcing-and-off-shoring-of-clinical-testing-1.html?_c=feed-atom

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