I don't mean to sound all Philip Greenspun (blog), but why don't we
see Big Companies outsourcing their CFOs to India or somewhere equally
cheap and skilled?
What's a CFO, really? The head accountant, bean counter, number
cruncher, etc? A growing number of financial analysis jobs are being
moved overseas, so why not CFOs? Think of the cash savings! Last
time I checked, large corporations pay their CFOs several hundred
thousand dollars per year as a base salary. And at some public companies
the CFO can make
millions in stock option exercises.
If these overseas workers are good enough to screen my medical
profile and my x-rays, cat scans, and do my taxes, why aren't they
good enough to track company numbers and let the CEO how many bags of
money are left in the vault?
Posted by jzawodn at December 08, 2003 08:53 PM
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