November 29, 2006
Israel’s Native English Speakers Has US Excited
While India and China may still be outsourcing hotspots, there are other countries trying to woo US firms. Israel, which differentiates itself from India and the Far East by offering a vast pool of highly educated workers who are native English speakers and share a cultural affinity with the West, is one that has attracted a lot of attention. Boston.com reports:
The heightened interest comes as the government is offering firms a $200-per-month subsidy for each worker employed by foreign companies. While Israel's workforce still doesn't come as cheap as its rivals, salaries are far less than in America. And perhaps surprisingly, all the figures for economic growth, credit ratings, and investment this year indicate the instability in Israel has not affected business at all.
Read more: US firms turn to Israel as outsourcing alternative
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