Bring over and outsource as much as you want, they will still need independent specialists to clean it up
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someone needs to make clear to the government that this sort of activity drops the tax take. It decrease local skill and hand more profit to offshore outfits.
Its their foot and they have both barrels trained on it. The UK government would conservatively probably be about £200k better off if they hadn't let my end client ICT me.Always forgive your enemies; nothing annoys them so much.Comment
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Originally posted by vetran View Postsomeone needs to make clear to the government that this sort of activity drops the tax take. It decrease local skill and hand more profit to offshore outfits.
Its their foot and they have both barrels trained on it. The UK government would conservatively probably be about £200k better off if they hadn't let my end client ICT me.
Its good for industry, innitThe Chunt of Chunts.Comment
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Like it or loathe it, this is simply the virtually-unstoppable force of globalisation IMHO. Companies have one motive - to maximise profits for shareholders. If they can do that by outsourcing, they will.
Result in this particular BA situation is fewer jobs available in the UK and downward pressure on rates for competing jobs that remain in the UK.
Won't stop until equivalent profit attributable to a UK worker equals an offshore worker. How does that happen? Exchange rates, quality of output, hourly rates, etc, adjust.
There is some truth to those upper echelon UK contractors who say "I am so skilled my job will never be outsourced", but there is also a fair amount of wishful thinking involved with such sentiments as wellComment
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Originally posted by alphadog View Post
There is some truth to those upper echelon UK contractors who say "I am so skilled my job will never be outsourced", but there is also a fair amount of wishful thinking involved with such sentiments as wellAlways forgive your enemies; nothing annoys them so much.Comment
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Originally posted by alphadog View PostThere is some truth to those upper echelon UK contractors who say "I am so skilled my job will never be outsourced", but there is also a fair amount of wishful thinking involved with such sentiments as well
Some roles requiring business domain combined with IT knowledge (one not taught at Indian universities) will continue to be onshore.
Obviously, if you have managed offshore teams, then you will, also, be more desirable.The Chunt of Chunts.Comment
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That is how clients are whittling out the offshorers: business knowledge and proven track records in end to end projects.Comment
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Originally posted by vetran View Postsomeone needs to make clear to the government that this sort of activity drops the tax take. It decrease local skill and hand more profit to offshore outfits.
Its their foot and they have both barrels trained on it. The UK government would conservatively probably be about £200k better off if they hadn't let my end client ICT me.
The rates are low, the profit from the worker end up in India, so there's almost no tax take there. Any cost saving for the client (if overall, there is any) will be not passed on the HMR&C through corp tax due to clever accounting and corp tax havens.
Forgetting the UK employment and worker protection, British jobs for British people angle, ICT/Work permit workers cost the UK economy big time...First Law of Contracting: Only the strong surviveComment
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Met a number of Indian contractors who all share a LTD company, PI insurance etc.
Planning to do it, as long as they can get away with, before fleeing, back, with all the proceeds offshore.The Chunt of Chunts.Comment
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Originally posted by MrMarkyMark View PostMet a number of Indian contractors who all share a LTD company, PI insurance etc.
Planning to do it, as long as they can get away with, before fleeing, back, with all the proceeds offshore.First Law of Contracting: Only the strong surviveComment
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