Beginning in the latter half of the last century and continuing to present day, both offshoring and outsourcing have become prominent practices for many successful businesses as a way to decrease costs or to improve the quantity of production. Many people believe offshoring and outsourcing are inherently the same and they are umbrella terms for the same practices. In reality, both terms have different meanings and should not be used interchangeably. The practice of outsourcing is defined as a practice used by different companies to reduce costs by transferring portions of work to outside suppliers rather than completing it internally (Outsourcing, 2014).
This states that a firm, in order to cut operating costs, will relocate a job or jobs that were formerly performed within the firm, to another firm which more than likely has a comparative advantage in performing the task. An example of this would be when a company decides to outsource their accounts payable department to an external independent accounting firm who is able to complete the task at a cheaper cost to the company than to pay for an entire department to operate internally. Outsourcing does not necessarily mean that the job in question is being relocated out of the country, however it is still possible. Offshoring, by contrast, is defined as the practice of moving employees or certain business activities to foreign countries as a way to lower costs, avoid taxes, etc. (Offshoring, 2014). While the job is being relocated to a foreign country, it does not necessarily mean that the job has been externalized from the company.
Tarakki Career Solutions Private Limited (TCSs) is at the forefront of
workforce management solutions with more than 10 years of experience in the
industry.
Our attention has been drawn to the fraudulent recruitment activities by individuals posing as Tarakki Career Solutions or Employees of Tarakki Career Solutions, trying to trick candidates to part with large sums of money by promising them job offers.
These individuals are also wrongfully using the company’s registered trademark as well as using fake and copied website to legitimise their activities to lure innocent candidates to fall into this trap.
Tarakki Career Consultants does not charge any fee at any stage of its recruitment process from the candidates.
We would like to categorically state that these communications are purely made with the intent to defraud the candidates. The company has not authorised any individual to acquire any kind of payment from candidates, towards our company or towards any individual in the recruitment process.
If you have any questions or concerns, please contact career@tarakki.co.in