Outsourcing: mentor capitalist addresses social policy

Summary:AlwaysON: Ram Shriram pitches a socially responsible approach to outsourcing that addresses those laid off due to offshoring when adopted as company policy: Distinct from government policy, we propose that companies as part of their social responsibility apply a Voluntary Offshoring code of conduct.

AlwaysON: Ram Shriram pitches a socially responsible approach to outsourcing that addresses those laid off due to offshoring when adopted as company policy:

Distinct from government policy, we propose that companies as part of their social responsibility apply a Voluntary Offshoring code of conduct. In this approach, companies that have plans to go offshore involving displacement of existing workers in the United States shall go through a voluntary process: one that includes a clear determination of the people impacted and the anticipated economic benefits to the company. This net benefit shall then be split three ways: say, 50% shall accrue to the company for its use; say, 25% shall be used to compensate affected U.S. workers as a cash payment; and say, 25% shall go into an industry fund that shall provide scholarships for retraining and education for displaced workers.

But would executive teams sign-up? Well from the looks of it, most likely not.



Topics: Outsourcing

About

Christopher Jablonski is a freelance technology writer. Previously, he held research analyst positions in the IT industry and was the manager of marketing editorial at CBS Interactive. He's been contributing to ZDNet since 2003. Christopher received a bachelor's degree in business administration from the University of Illinois at U... Full Bio

zdnet_core.socialButton.googleLabel Contact Disclosure

Kick off your day with ZDNet's daily email newsletter. It's the freshest tech news and opinion, served hot. Get it.

Related Stories

The best of ZDNet, delivered

You have been successfully signed up. To sign up for more newsletters or to manage your account, visit the Newsletter Subscription Center.
Subscription failed.