Special Report: APAC Beyond Transaction
Emerging markets for outsourcing are beginning to embrace the imperative of transformation.
By Sonia Kolesnikov-Jessop
Asia's dynamic economies are producing plenty of new job opportunities that quickly need to be filled, with talent crunches and wage inflation already appearing, notably in Singapore and Hong Kong. As the economic power shifts from Western economies to emerging markets, an estimated 3.3 million American jobs and $136 billion in wages could be moved to
[10] HRO TODAY GLOBAL | SUMMER 2011
countries like India, China, and Russia by 2015, according to recent study by Forrester Research.
The strong economic growth in Asia is therefore creating tremendous business opportunities for multi-process HRO providers in the region, particularly in the field of recruitment process outsourcing (RPO),
