Obama initially proposed a $3,000 tax credit this year and next for every net new job created. Still, outsourcing executives say that’s not enough of a financial incentive to keep jobs in the U.S. “An average salary for a software developer in the U.S. is $75,000 and it’s $8,000 in India,” says Mary Jo Morris, president of World Sourcing Services for Computer Sciences Corp. (CSC).Pretty much says it all, doesn't it? Sure, anyone with any kind of business acumen understands why jobs are going offshore. If I were the CEO/CIO charged with cutting costs, then the CBA (Cost Benefit Analysis) for sending jobs where there was a 90%+ savings is an argument that sells itself.
But there appears to be a larger landscape to be observed here, and corporate citizenship is part of it. How much does a company owe to the citizens and shareholders of the country it benefits so greatly from? Would it be nearly as profitable and prosperous if it were incorporated elsewhere? Would it continue to enjoy the 'inside' advantage if it weren't an American corporation?
And these are only some of the reasons why we need to be telling our legislators:
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