TITLE: IT outstaffing: a cost-effective approach for hiring remote talents
Everyone has heard that famous word “globalization” which has triggered many changes in the whole world. Various nations have become closer to each other owing to the internet and English as the primary international language of communications. International interaction has become common in the business environment as well so that companies from different countries effectively collaborate with each other. Recently, cooperation with remote IT outstaffing companies has become a growing trend that contributes to the expenses optimization for businesses.
Services of the IT outstaffing companies
Some companies choose to outsource some of their functions to third parties in order to streamline their processes. The best way to do so is to refer to the IT outstaffing company with years of experience in providing such services. A typical outstaffing company takes care of the client’s project and the workforce working on it.
Many businesses ask for outstaffing services primarily for developing and implementing IT projects. For that reason, they refer to the outstaffing companies residing abroad as there is plenty of reasons for that.
Some countries, such as Ukraine, have a powerful educational base so that every year many specialists in the IT-sphere graduate from high-class universities. The market structure in Ukraine is also oriented towards the development of the IT industry, so there are many companies that employ programmers, designers, and other IT specialists with unique skills.
Owing to technological advancements, the development of mobile and desktop applications is usually no longer tied to a certain location. That is why businesses decide to hire an outstaffing team for the completion of such tasks. Meanwhile, the IT outstaffing company will take care of everything starting from hiring personnel to managing projects.
Collaboration with IT outstaffing companies
If you want to extend your in-house team with remote specialists, the outstaffing services would be the right solution for you. Selecting the right IT outstaffing company is highly important as it should have a strong reputation and experience.
Once you have decided to collaborate with the company that provides outstaffing services, it is necessary to craft the appropriate agreement between the parties. This contract contains all the conditions of your cooperation and lots of other formal details.
The outstaffing model implies that the company provides you with specialists that would work remotely for accomplishing your business goals. They are hired by the outstaffing company but do actually provide services for your projects. That way, you have control over the entire team both in-house and on the remote. This is a great advantage of outstaffing compared to the outsourcing model where the project coordinator manages the remote team. In fact, a project manager is a mediator who ensures proper communication between the client and the team.
Along with better control over the remote workers, outstaffing brings a bunch of other tangible benefits for businesses. Hiring a remote team helps to reduce costs considerably as salaries in other countries might be lower than in your home country. Another benefit relates to low tax rates in foreign states that sometimes do not exceed 10 percent. Also, outstaffing companies fully take care of tax management for employees who work on your projects.