Tuesday, October 11, 2005

You get what you pay for

I very much agree with the basic idea that just like in any other country the price to get a person to break law depends on the purchasing power parity and the salary of the person being bribed. In addition to that the strength of the law enforcement and tangible and non-tangible cost that the person may pay also helps in setting the price of the bribe.
If the price that a person has to pay is raised high enough, it is very much possible to increase the amount that would make a person amenable to breaking his/her contract. In order to ensure that the invoices keep coming, it is important for company and country (to which work is being outsourced) to develop perception that they have taken adequate measures to increase the price for breach of security.
Even though I am not a great supporter of the outsourcing business, I have worked with companies in India and some of the large financial institutions (which are supposed to be most secure)in US. I think I have more faith on the measures implemented by the Indian companies than their US counterparts. This could be because I may have worked with best companies in India and not so good companies outside that country. So, it would be lot better to evaluate the company that you are outsourcing to rather than go by FUD generated by some people.

No comments: