Finding the right tech team for your business is crucial to success. Large companies consistently attribute their success to their teams, and small companies become large by hiring the right tech talent. Many I.T. firms spend excessive amounts of money and time on hiring, training, and managing employees to build the right team. Almost all companies agree that building the right team is vital to achieving their business goals. Although, most firms are constantly torn between hiring offshore developers or in-house developers. I.T. companies need an in-house team, but they can always hire offshore developers to save on overheads like insurance and infrastructure costs.
Recruitment trends have changed in recent years because forward-thinking startups and even visionary corporations are accepting freelance and remote work cultures. Many different companies are accepting offshoring outsourcing models, but it is widely accepted in the I.T. industry as it proves to be highly advantageous.
What is Offshoring?
For several decades, businesses have been finding solutions to challenges like decreasing costs, generating output, solving critical problems, and adding value to their customers. The answer to most of these challenges is offshoring.
Many companies are forwarding their workload and extending their processes abroad for lower operational costs. This is referred to as offshoring. Most people mistake offshoring for outsourcing- which refers to obtaining services and goods from a third-party resource.
Although offshoring also involves obtaining services and goods but those resources are from abroad and listed under a company.
Why Are Offshore Developers in Demand?
There is a lot of talent thriving around the globe. The internet has made the world so small that anyone can enroll in a course and sharpen their skills. So, you don’t have to always hire offshore developers from countries like the USA, U.K., or Europe. You can hire good developers from any part of the world, provided they match your requirements.
Augmenting your core development team by hiring offshore developers is an ideal solution to save on overhead costs. It can give you faster turnarounds on product development and deadlines. It can further offer you the flexibility needed to adapt to changing market needs.
Most traditional businesses feel that having a core tech team with full-time developers is essential as it sets a structure for your company. But, changing times have shown that startups with single founders have also grown with a team of offshore developers.
This shows the implausible versatility and skill of offshore developers. Also, you can either hire an offshore developer to work closely with the founder or as an extension to your tech team. Some companies also choose to hire offshore developers when they have an urgent requirement and their team’s capacity is low.
You can have various requirements based on your business, but an offshore developer can fulfill each one of them.
If you are skeptical about offshore staffing, read on to find out the other advantages they can bring to your business.
9 Advantages of Hiring Offshore Developers
-
Take Advantage of Global Talent
If you are hiring in-house developers, your options are limited as they should be in the same region or willing to relocate in a short time.
Alternatively, hiring offshore developers can offer a game-changing competitive advantage to businesses as they can leverage global talent. Technical expertise and skills can vary across different geographical locations, and if a company is ready to embrace remote work culture, the odds of finding a top-notch developer significantly increases.
-
Reduced Labor Costs
Experienced and skilled resources come at a higher cost. Labor costs are further increased due to the high living costs in countries like the USA. Although, countries like India can offer the same expert talent at a fraction of the cost.
For example, according to the U.S. News, a web developer makes between $55,500- $75,000 yearly in the U.S.A. The same skilled web developer in India earns between $25,000- $30,000 annually.
Companies can hire good talent by offering them a little more than the primary market standards of that geographical location. Additionally, when you hire offshore developers, you save on hiring costs, office expenses, and insurance.
According to Deloitte’s Global Outsourcing Survey 2020, cost reduction is one of the major factors for companies switching to offshoring hiring processes.
-
Save On Operational Costs
Hiring offshore talent can help you to increase your profit margins. The cost of doing business in countries like India, Uzbekistan, or Malaysia is much lower as compared to the USA or U.K. Thus, you can save on legal fees and infrastructure.
Also, you do not need a vast office back home, so you are saving on real estate costs. If you hire with the help of I.T. staffing companies, they usually have state-of-the-art offices, which reduces expenses in setting up offshore infrastructure.
Alternatively, you can hire an entirely remote team that works from their home. It will save you money as you will not even be liable to provide wifi, supplies, and added benefits.
-
Faster Turnaround Time
Hiring permanent employees is a time-consuming process. On average, it takes 3-4 months to identify a candidate, go through interview rounds and finish the onboarding process. During that time, you cannot pause your firm’s work.
Instead, hiring offshore developers to augment the team ensures that targets and deadlines are maintained.
Premium tech talent platforms like Workfall enable companies to hire offshore developers within 24 hours. Such platforms also give personalized recommendations based on your requirements, reducing the chances of a bad hire.
Good offshore developers with the proper requirements can hit the ground running for you quickly. Hires from these platforms require no training as they are highly skilled and have a low ramp-up time.
-
Extended Operations
Offshore talent is located in different countries with varying time zones. This allows the company to have 24×7 operations with higher productivity. Your offshore team will help you to cover time zones that your in-house team can’t.
It will create a continuous workflow between projects, allowing you to deliver faster and with a better customer experience. Also, communication is possible anytime, enabling businesses to cater to clients from across the globe.
-
Increase the Development Team’s Bandwidth
Your in-house development team might also require an extra workforce during certain times. There are situations when the team has maxed out on its bandwidth, and you might miss out on opportunities if there are long delays in hiring a developer.
Instead, you can hire offshore developers. Freelance offshore developers can start working immediately and have a faster turnaround time. They can also act as an extension to your in-house tech team and keep the pace moving during high client demands.
-
Delegation With Less Hassle
You can either outsource globally or offshore globally. When you choose to offshore, you don’t need to hand over the complete business operations to that team, unlike outsourcing, where delegation and business operations are limited.
In fact, delegating work is more straightforward when it comes to offshoring as you have to only explain the task to your developers, and they can get started. They do not need to know the reporting hierarchy or your internal processes. You can assign a direct person of contact to them, and they can continue reporting to them.
With offshoring, you even have the liberty to partner with an offshoring company and provide instructions to them. Ultimately, you have control and can choose how to operate and delegate the work.
-
Sustainable Scalability
Businesses can scale as per their requirements because of flexible offshore staffing models. It is a low-risk alternative to hiring and firing in-house employees. Companies can always hire offshore developers when there is a surge in demand.
You need to be intelligent and strategic about spending your money on hiring employees if you are planning to scale your business.
For example, if your software team is in the middle of product development, and one of your team members leaves, it will affect the project deadlines. Your team will have to divide the work amongst themselves, and you will have to make adjustments to replace them immediately.
Also, your recruitment team has to find someone, train them and deploy them. Such situations create unnecessary stress, and when you look for a candidate yourself, you spend a lot of money.
Instead, partnering with a tech hiring platform can solve your problem within minutes, as they already have pre-qualified developers.
Apart from that, you can use offshore resources to fill skill gaps in the existing team. Your enterprise can focus on its core strengths, and you can even outsource specific skill-based developers. In this way, the entire process of scaling your business becomes manageable.
-
Hiring Experts in Particular Niches
Sometimes your in-house developers may have limited knowledge of a particular domain. Also, finding permanent hires in specific niches is hard, and your company might not need that expertise regularly.
Instead, you could hire an offshore developer who is an expert in that field. It will allow your company to take advantage of its contextual knowledge.
Hiring offshore talent has a lot of advantages but before hiring developers, consider the following aspects, as they will help you to make an informed decision.
How to hire Offshore Developers – Best Practices
-
Identify Your Requirements
Start by identifying your business goals, as that will give you a fair idea of your timelines. Based on that, map out the required skill set and resources to achieve those goals. Once that is clear, you can decide how many hires you will need.
-
Assess Your Budget
Check how much budget you have; based on that, you can hire offshore developers from a particular geographical location.
-
Be Clear About the Project
Create proper workflows and define timelines. It will help your offshore developers to understand work and deliver it before deadlines. It might take longer than expected if you fail to explain the work or define a timeline.
How to Choose the Right Offshore Developer Based on the Location?
There are a lot of offshore developers available in various locations. So, picking a location can be confusing. Here are some questions to consider before choosing a location for your offshore developer:
- Are there qualified programs available in the particular location?
- Do I have to spend time training offshore developers?
- How many offshore developers will I need for a project?
- What will be the cost of the offshore developers?
- Will the offshore developers understand my requirements easily?
Knowing these questions answers will help you filter out unfavorable locations. You can make your offshore hiring journey effortless by partnering with a reliable tech hiring platform.
Hire Offshore Developers With Workfall
We know that finding the right offshore software developers is challenging. So, we listed kickass, rigorously vetted software developers that you can hire within just 24 hours!
We have a pool of offshore developers in various profiles like:
- Frontend Development/ Architecture
- Backend Development/ Architecture
- DevOps/ MLOps
- Mobile App Development
- Data Engineering/ Architecture
- AI/ML
Our hiring process is very straightforward:
- You can choose any of the 2 profiles based on your tech requirements. (Frontend, Backend, DevOps/MLOps, Mobile App, Data Engineering, and AI/ML).
- Then, on the next page, we have options for different technologies like AWS, iOS, Android, and more based on the tech stack we chose from the above list. You can select up to 5 technologies based on your needs.
- In the next step, we get to choose the duration for our requirement i.e., 3/6/12 months.
- At last, all relevant developer profiles can be seen based on our chosen details.
Hiring an offshore developer is a cakewalk with Workfall. Also, you don’t have to worry about the quality of the software developers as we have a thorough multi-layered assessment with human intervention at every stage to ensure that only top-notch software developers are selected.
Our 5-step hiring process includes:
- Signup on the portal (as per the eligibility criteria)
- Technical and Coding assessment rounds
- Background Verification
- Personal Screening
- Onboarding as a Workfall Partner
Stop thinking, hire offshore developers from Workfall, and save on operational costs, overheads, and more. Also, get quality work on time!