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Outsourcing News : Article

neoIT Publishes Annual Research Summary of Offshore and Nearshore IT & BPO Salaries

Portfolio Approach to Offshoring Leverages Multiple Offshore Locations to Avoid Hidden Costs, Manage Salary Growth

neoIT, a leading services globalization consulting firm, today issued its annual information technology and business process outsourcing salary report which recaps outsourcing salary data for 2005. The research paper provides information on the key trends for offshore and nearshore outsourcing destinations, identifying criteria for evaluating cost structures.

This year's report, for the first time, also provides data on BPO salaries in addition to IT salaries. The study provides a detailed assessment of wage rates across major globalization locations in ITO, Voice BPO and Non-Voice BPO functions. Topics addressed in the study include:

  • Factors beyond cost structure that drive sourcing decisions
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  •  Optimizing the balance of offshore versus nearshore decisions
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  • Latest global sourcing salary trends
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  • Balancing rising salaries in mature nearshore and offshore destinations with emerging, lower cost, offshore destinations

Read entire article on Yahoo Finance

Posted: Thursday, June 01, 2006

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