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Posts Tagged: Wage Inflation

Eastern Europe: Outsourcing Hot Spot?

Eastern Europe could soon become a favorite location for offshore outsourcing, with activity in the region estimated to triple between 2005 and 2008. That's according to consulting firm McKinsey. McKinsey identifies three main advantages for companies locating BPO operations in Eastern Europe in the winter issue of McKinsey on IT: low wage levels, comparable to India's, with slow wage inflation looking likely to keep the region economically competitive for at least 15 years. relatively low-risk location for investing, due to the reliable infrastructure ... Read more

The Overlooked Potential For Outsourcing in Eastern Europe

Eastern Europe is a small player in the global IT market and business process outsourcing, however that's likely to change as companies in Western Europe become more comfortable with offshoring. Service providers in Eastern Europe offer geographic proximity combined with cultural and language affinities that Western European companies can't easily find further afield. The region is likely to remain competitive, given its low level of wage inflation (outside of popular centers like Prague and Budapest), along with thousands of qualified graduates ... Read more