How ‘Britshoring' turned the UK into a US economic colony [Yahoo! Finance]
ManpowerGroup (MAN)
Last manpowergroup earnings: 4/21 07:30 am
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Source: Yahoo! Finance
But while the British entrepreneur is now based in New York, he has kept most of his staff based in the UK for one simple reason: cost. “If you earn £100 in London, you would earn $200 in New York,” he says. “Things like HR, finance, operations, business affairs, legal – we will outsource as much of that to our UK business as we can.” The 38-year-old is among a growing number of bosses exploiting the widening US and UK salary gap. But East's experience is not the dominant one. In fact, there are far more American companies outsourcing jobs to Britain than plucky entrepreneurs seeking to crack the US. Decades ago, there was a rush to outsource call centres and factory jobs to countries such as India and Vietnam where labour was far cheaper. Now US companies are increasingly outsourcing to Britain. Nearly one in six jobs advertised in the UK so far this year was listed by a company headquartered in the US, according to an analysis by LinkedIn. This was up 30pc on last year. Ch
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News
- Is There Now An Opportunity In ManpowerGroup Inc. (NYSE:MAN)? [Yahoo! Finance]Yahoo! Finance
- Selling Your Business? Watch Out For The Post-Exit Blues [Forbes]Forbes
- 2025 Pricing Considerations Identified in New Research From Experis Pricing Solutions and Vendavo [Yahoo! Finance]Yahoo! Finance
- 2025 Pricing Considerations Identified in New Research From Experis Pricing Solutions and VendavoPR Newswire
- Some Investors May Be Willing To Look Past ManpowerGroup's (NYSE:MAN) Soft Earnings [Yahoo! Finance]Yahoo! Finance
MAN
Earnings
- 10/17/24 - Miss
MAN
Sec Filings
- 11/13/24 - Form SC
- 11/8/24 - Form 10-Q
- 11/8/24 - Form 8-K
- MAN's page on the SEC website