Labor Cost Comparison Between European Countries - Business Process Outsourcing Market

A few days ago I was comparing labour costs- Albania (and others in the southern baltic area):
between european countries on the Eurostat's weblowest cost emerging european country With all these
site with a client. They had operations in UK, Spain andchoices, clients are becoming more and more
Poland. While my company, XL World, owns BPOsophisticated in choosing the best location for business
centers in Romania and Albania.process outsourcing, and try to balance cost with local
I realized that labour costs double (almost exactly)skills, country stability, ease of travelling etc.
between these countries.More and more outsourcing companies are forced to
- Albania: 250 EURoffer a mix of different locations to their clients in what
- Romania: 500 EURmany call a best-shore model.
- Poland: 1.000 EURThe good news is that I don't see such a strong effect
- Spain: 2.000 EURon the job market as activities move from country to
- UK: 4.000 EUR And every one of these countriescountry. In fact the overall market is growing and many
has its own value proposition for outsourcing services:jobs losses are rapidly compensated by new ones.
- UK: Excellent infrastructure and wide availability ofForrester predicts that total spending on BPO in EU will
excellent skillsrise from EUR11.0 billion in 2006 to EUR18.9 billion in 2011.
- Spain: Lowest-cost western countryAnd, since a lot of this spending is coming from
- Poland: First eastern european country to enter EU.emerging countries, the overall number of people
Good skills and stabilityemployed in outsourcing companies will grow far more
- Romania: Current price leader in EU for multilingualthan the value of the market.
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