Offshoring is a process that involves relocating parts of a company to foreign countries in order to reduce costs while gaining additional resources. In other words, it’s getting the work done in another country. If you are wondering how to hire an offshore team or how to hire an offshore development team for a startup, read on.
How to Hire Offshore Teams
Offshoring allows you to hire offshore developers to handle a project. Your project will be completed by developers based in another country, but all their activities will still be managed within your company, so you are in charge of the outcome!
Offshoring and outsourcing aren’t new but it’s becoming more accessible and suitable for businesses, thanks to the growth of the Internet. Many countries have prioritized Internet connectivity and IT upskilling in order to become popular offshoring hubs.
There are many benefits, so if you are wondering how to hire offshore developers for a startup, read on.
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The Benefits of Building a Remote Team
Your Business Will Grow
Labor costs are a big hindrance to companies. Software developers require top dollar salaries and equipment, along with perks, and it's hard to compete, especially if you are just starting out. Offshoring allows you to reinvest funds into your business because you can hire top-notch developers at a much lower cost. This means that you can expand your business and offerings to the market and become more competitive in the long run. There’s no need to compromise - offshore staff is highly qualified.
You Get Access to Skilled Staff
Speaking of skills, offshoring will give you access to a young, qualified, and vast pool of talent. There are many English-speaking foreign countries that have highly skilled, well-trained and university-educated staff looking for new opportunities. It can be very hard to find rare skills in developed countries, where skilled staff have more options and are less willing to compromise on salaries. You can find niche staff and skilled developers in offshore locations to fill your specific requirements.
More Support, for Longer
Your offshore team can double up your capacity if you have one team working during your daytime, and an offshore team working in a different time zone. This allows you to stay flexible and agile while maintaining an impressive level of service. Twenty-four-hour availability will also allow you to deliver a higher level of customer experience with quicker and direct contact to your company, at all hours. It can be a great differentiator for you, over your competitors.
Reduce Risk
Having many teams in different countries can actually reduce your business risk and provide greater support to your customers. If one server goes down, or one team has to be redirected, you can move the core business over to the other team to avoid downtime.
Control
Some companies are afraid to give over control of a part of their business operations to another party, but offshoring can work with you to make sure that you have full control over team members. You can set the processes, train your staff, set key performance indicators, and do the work the way you want to do it, while the offshoring company takes care of the offshore team's management.
The Ability to Scale
With an offshoring team, you can scale up or down. Once the project is complete, the staff can be let go, without the financial repercussions and distress of downsizing an in-house team. You can grow very quickly during surge times.
Focus
Your internal team can focus on the more important aspects of your business, while the offshore team can take care of any necessary but distracting development requirements. This can improve your ability to go to market.
Cost Savings
When you use an offshoring team, the offshoring team will take care of recruitment, background checks, hiring, salaries, and benefits. There is no need to invest time and money into administration and HR. Hiring an in-house team would also require more equipment and more space to house their workstations. Offshoring reduces your capital investment costs.
The Benefits of Building a Remote Team speak for themselves. Now is the time to hire an offshore team so that you can start saving money and growing your business.
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