Japanese Insourcing: Coming Soon to You
As Japan examines its own demographics and the coming wave of retirements (about 10 percent of that nation’s workforce is expected to leave between now and 2009), the country is mulling ways to deal with a coming shortfall of skilled workers. Many of the proposed solutions involve foreign labor, too—primarily, these include various combinations of both importing qualified personnel to the home country and sending jobs overseas.
Corporate leaders in Japan are trying to convince the government to ease restrictions on finding foreign sources of labor. If it does, you can expect that giant Japanese multinationals will send a great deal of work to developed countries in Europe and North America, as well as economic powers in Asia like India, China the Philippines, Singapore and South Korea.
The good news for IT pros in these places is that Japan’s highly advanced economy is very technology intensive. Someone will have to fill the tech jobs that open up in that country in the next few years—it could be you. Even if you don’t, it’s still gravy, as the demand for skilled techies brought about by the influx of IT occupations will only push employers’ demand of and compensation for you even higher.