subject: Outsourcing Companies Continue To Create Jobs [print this page] The outsourcing group Capita has recently revealed it plans to create hundreds of new jobs at its base in Belfast, in a move that has been welcomed by local politicians and the local people, of course, with many being given the opportunity to work in freelance positions in time to come.
The group, which boasts big-name private sector clients including Prudential, MetLife and Aviva, announced today that a total of 336 positions are expected to be generated at its Clarendon Dock office over a period of the next four years, which is news that comes just 18 months after the very same group made 100 workers redundant.
These new jobs are very welcome, said Northern Irelands enterprise minister Arlene Foster. The expansion will also open up new jobs to returners to work, people who are keen to develop valuable transferable skills, and those who are seeking to get on the employment ladder.
Anne Marie McGoldrick, Capitas Operations Director for life and pensions, explained that the firm was confident it would experience considerable sales growth in the coming years, and said that its previous experience in Belfast had been very positive.
Last week, rival Arvato confirmed an additional 150 jobs are to be created at its global finance business process outsourcing and IT divisions in Dublin, so could this be the start of the country truly making it out of the recession?
Technology outsourcing and consulting group Accenture has reported better-than-expected quarterly results, resulting in them predicting a strengthening growth to be seen in 2012.
According to Reuters, Accenture said in a statement issued on Tuesday that the ongoing uncertainty about the strength of the global economy could provide it with further opportunities, as clients seek to comply with tighter regulations and continue to adapt to globalisation.
Chief executive Pierre Nanterme said in a conference call that firms across the world were looking to acclimatise to the new environment, while chief financial officer Pamela Craig was upbeat about the companys prospects for the coming months.
New bookings surged to $8.4 billion in the fourth quarter of the recent financial year, which has been a record for the firm to date. Accenture went on to predict that its full-year earnings would be somewhere in the range of between 3.80-3.88 per share, which works out to be at the upper end of analysts previous expectations.
Research from Deutsche Bank and the Value Consulting Group this week suggested that major financial institutions are increasingly looking to outsource more functions to Indian IT firms, as a result of becoming increasingly frustrated with European providers apparent unwillingness to exploit the full potential of offshoring.
This is of course great news for the economy, as many businesses create jobs all over the world, picking out the exact talent their company requires. This allows them to benefit from it at just a fraction of the price charged by high street companies.
