Offshoring is the process of relocating a business or business process to another country in order to benefit from reduced labour costs or a more beneficial regulatory environment. A range of processes are commonly offshored, including manufacturing, IT, customer service and research & development.
Offer Letter
An offer letter is a document which is given to a candidate after he has been selected for the position. The letter clearly, mentions the salary package, designation, department and other benefits that he will be entitled to, if he joins the company. Other than this, a statement of at-will employment, list of contingencies, and a confidentiality agreement. A signed offer letter doesn’t mean that you are legally bound to join the company after that. However, that may be possible in very rare circumstances.
Occupational Stress
The physiological and physical effects of negative activity in the workplace as a result of many factors including external events, internal events, job demands and colleague behaviour.
Stress differs from pressure but is often used interchangeably. Pressure refers to surmountable demands in the workplace and only turns to stress when the emotional, mental and physical demands of a given situation are greater than the individual’s coping skills.