June 15, 2005

On the Origins of Outsourcing ....

There was an Engineer (Uncle SAM) working for Enron and taking a cool pay packet of US$ 10,000 per month. The work was hectic, even if it was for 8 hours per day for 5 days a week. He thought for a while and found out an Indian Engineer of similar profile in Bangalore, and recruited him to do his work for Rs 10,000 per month, and got all his work done by this person whom he paid from his salary (US$ 250). Thus, he made a cool take home of US$ 9750 per month and had all his time to play golf. He then got greedy, and took up yet another job with EDS (moonlighting?) for US$ 10,000 per month and subcontracted another Indian from Bangalore (using employee referral of the first Indian he employed in Bangalore), at the same salary of Rs 10,000 per month. This enabled him to play golf and earn US$ 19,500 per month. He continued this until one day, he realized that he had deployed hundreds of Indians from Bangalore on hundreds of his jobs and he made millions of dollars.......the rest is history.

Looks like this concept is catching and everyone is out to outsource his/her job to others so they can play golf and take up alternate assignments on side and grow.......


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