The Working World
Recession Lexicon: Outshipped
When your company lets you keep your job, but makes you relocate to a developing country.
IBM has a new approach to laying off workers: Hang on to your job, but move to India. After pinkslipping thousands, Big Blue is telling American employees that they can have a job, but must export themselves and settle for lower wages. In a program called “Project Match” (sounds kind of like a dating scheme), the company assists with moving costs and visa arrangements for IBM job openings in places like India, China, and Brazil. What this means to America, both economically and socially, remains to be seen. But we have a new name for such a “relocation initiative”: Outshipped.
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7 comments for “Recession Lexicon: Outshipped”
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Questions- are they structuring these as jobs paid by overseas subsidiaries, or are they US jobs with lower pay for workers who are stationed remotely? And if you’re a US worker on a visa in India, do you pay US income tax? Indian income tax? Do they even have income tax in India?
Is the move permanent? Will they pay for you to move back if the job is over? What if they move you there and then you get laid off?
I’d be very interested in seeing how they deal with the tax and benefits questions from these outshipped workers.
These are trying times… businesses and employees are searching for ways to stay afloat.
There must be a way to outsource without displacing employees.
They might be better served if they let some employees work virtually. We could show them how to make it work…for everyone.
Send us a tweet- @iVirtualProfs
Actually there is a term for that: transportation. Defined by Webster’s as \the action or practice of transporting convicts to a penal colony.\
[...] 12, 2009 by Staff We added a brief comment today to RecessionWire.com in response to Lynn Parramore post “Recession Lexicon: Outshipped.” RecessionWire [...]
Do you get free Malaria shots?
I agree with the comment above. They should let employees work from home. Try to salvage as many as you can. One day you’ll need them back…
This country is very ill.