Offshore staffing is the method of finding employees in another country to optimize processes and save costs. This way, you hire international resources on your company payroll, so it’s safe to say this is a business expansion for the purpose of finding great minds for your business. Offshore staffing can take care of several processes including payroll, hiring, customer support and more.
Offshore Staffing Vs Outsourcing
One of the biggest confusions on the internet is probably between offshore staffing and outsourcing. While both these methods are used to optimize processes and grow the business, they are fundamentally very different.
Offshore is staffing being all about hiring people in another country under your company’s banner. Let’s say your company’s name is XYZ. When you go for offshore staffing, the resources you hire will be employees of XYZ only and will adhere to all its rules and regulations.
On the other hand, outsourcing is the process of handing over a business process to another entity, company or individual. This can be done in your own country or in another country. Outsourcing is usually done to save costs on a process by letting another company in a cheaper country handle one or multiple verticals. The resources that work for you in the outsourced company stay on that company’s payroll and function according to its rules and regulations.
Fundamentally, both offshore staffing and outsourcing help businesses streamline their processes and save money but how they achieve that is very different from one another.
How Does Offshore Staffing Streamline Operations?
Running a business means managing both budget and workload. Businesses often find themselves either spending too much to get the work done or burning out the existing staff. While it may look like there are no other options, the middle way out of this staff or cash burnout situation is offshore staffing. It streamlines operations by bringing in efficient workers on a pleasant budget.
Let’s talk about some ways businesses can use offshore staffing to their benefit.
1) Support and Assistance
The offshore staff are great for support and assistance. It can be used for various tasks in the wing roles. Your offshore staff can be your virtual assistant and take care of all the cluttered administrative tasks while you focus on the main tasks. You can also use the offshore staff as the customer support team, data entry team and even the report making team so that you can streamline the workload and make the most of your expenditure.
2) Reinforcement for Inhouse Staff
A great offshore team can be your reinforcement – backup plan. It can step in the moment the inhouse team is overwhelmed and needs a few extra hands. The offshore team can do everything the in-house team does and more, so you will never have to worry about sick days or resignations.
As we mentioned in the above point, your offshore team can also take the random workload off your in-house team’s hands and let them work on crucial deliverables.
3) A Different Perspective
A team in another country brings in diversity in ethics, thoughts and ideas. Every country works differently and that is why when you hire an offshore team to handle a department or a task, you get a completely different perspective on how you go about with your processes. It is likely that you will find better processes on top of finding better human resources.
A different perspective can tremendously streamline your business processes and may also open the doors to new optimized processes which will in turn streamline business operation.
Key Benefits of Offshore Staffing
Offshore staffing is a beneficial process for companies that are versatile when it comes to hiring the best people out there. This method gives businesses a chance to identify and hire the best talent beyond borders and build a strong foundation for the business. The following are the benefits of offshore staffing on top of its capability to streamline business operations.
1) Saves Money
2) Frees up Key Resources
3) Brings International Talent Onboard
4) Increases Company Bandwidth
5) Simplifies Hiring and Onboarding
Industries that Can Benefit from Offshore Staffing
Offshore staffing is more common than we give it credit for. Most of the multi-national companies bank on this strategy to build their offshore wings. While several industries have benefited from offshore staffing, the key players have been:
2) Real Estate
3) Health Care
4) Financial Services
If you are a brand working under any of these banners, you should consider offshore recruitment to save time and money while increasing your ROI.
Stay Ahead in your Industry with Offshore Staffing
Offshore staffing is strengthening. It is a testament of how one single correct strategy can take care of multiple aspects and put companies on the path to success. GEx Search can help you find your offshore team across verticals. When you let us help you, we bring in our expertise in identifying and hiring skilled people and help you onboard them in less than 30 minutes. We also offer a performance-based payment model. So, you pay only when you get the desired results. Want to learn more? Click here to book an appointment with an expert at GEx. Book your appointment today and let’s get started to build a winning team.