A doctor who switched from an in-house billing office to paying a contract firm to save money. Even though the three employees were laid off, the company survived due to the change. To learn more click here. Another way for firms to save money is to send operations overseas. This is putting outsourcing to its full potential.
Workers speak English, but the labor pool is relatively small.
Israel Some of Russia's talent has moved to Israel, where workers do software development and research for foreign companies. Russia Russia has well-trained workers, but companies may need to overcome difficult hurdles such as language, a poor telecommunications infrastructure, government bureaucracy and corruption, and economic and political instability. China China has a large pool of well-trained workers, but language is a barrier. But demand is growing faster than supply, especially for project managers, which pushes labor costs up slightly. The market for offshore development is growing, but the infrastructure is not.