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The
advancement in technology and globalization
has made it feasible for architects,
builders, contractors to succeed in this
competitive economy by cutting cost by
leveraging outsourcing.
According to
analyses the average total compensation
including benefits for a typical CAD drafter
in any major city of US can cost their
employees more than USD 45,000 annually. A
cost sample is outlined below |
|
|
|
%
of Total |
|
Base Salary |
USD 35000 |
76% |
|
Bonuses |
USD 500 |
1% |
|
Social Security |
USD 2450 |
5% |
|
Disability |
USD 700 |
1.5% |
|
Healthcare |
USD 3500 |
7% |
|
Pension |
USD 700 |
1.5% |
|
Time off |
USD 3800 |
8% |
|
Total |
USD 4500 |
100% |
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Apart from
that you pay for a few extra draftsmen
always available to fill in for draftsmen on
vacation. You pay for buying more computers,
renting more space and purchasing more
expensive softwares. While in an economy
like in India, the average total
compensation for a CAD drafter is around USD
4,800 annually. |
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So
benefits of outsourcing are:
- Lower
cost due to economies of scale, as
already analyzed above.
-
Ability to concentrate on core functions
(to focus on design etc)
- Higher
quality service due to focus of the
supplier
-
Improved internal management disciplines
resulting from the exercise itself
- Less
dependency upon the internal resources
-
Control of budget
- Faster
setup of the function or service
- Lower
ongoing investment required in internal
infrastructure
-
Increase flexibility to meet changing
business conditions
-
Purchase of industry best practice
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