In a related development, Karen talks about reasons why even critical medical services are being outsourced. The practice which is commonly known in Asia as Medical tourism has actually been going on for quite sometime. I remember meeting US citizens (10 years ago), who continues to travel to Manila in order to get medical treatment. The quality and price of the treatments, they told me, are both excellent. The last time I checked on them was last year and I found out that they continue to visit the country and enjoy the quality of medical service that the country provides.
The people in the article both had heart conditions. They both went to New Delhi for surgery. She received more tests than she could remember, & her total, including the 4 week stay in the hospital, was $16,000.00. He spent 20 days in the hospital, had 24/7 nursing, & his total was $15,000.00. They both said the quality of the care was much better than here. He’s even started his own company, to help people who need to arrange such a trip for the same reasons. Please Read the complete article here.
Further to India's outsourcing industry, economists predict that a slowdown in the US economy will force US firms to send more jobs offshore. However, the same analysts also claim that a rise in the US interest rates might reduce the volume of US investments in their outsourcing industry.
And finally, this got me laughing really hard...
An employment expert in The Wall Street Journal recently advised bosses to reward young people with freakin’ balloons and gold stars just for showing up for work on time. We used to get that in the first grade, not on Wall Street. One employer, definitely of the old school, wrote in that instead of calling in the party planner, he would prefer to call in the outsourcing consultant. Amen to that. -- Please Read the complete article Here.
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