Did you know? The offshore staffing agencies enable businesses to leverage their cost advantage by saving 40-60% on hiring compared to onshore recruitment. Offshore staffing solutions provide an excellent opportunity for companies to upgrade their IT talent at nominal rates. The Great Upgrade offers a window of opportunity for mid-to-large enterprises to reimagine recruitment.
Even though the threat of recession looms, the staffing industry is predicted to bring revenues worth $185.5 billion to the USA by the end of 2022, according to Staffing Industry Analysts. These numbers will surpass the pre-pandemic market of $152.8 billion in 2019.
With employee lay-offs, rising inflation, and currency volatility, all signs indicate that we are not far from another recession. Bigwigs such as Microsoft, Tesla, Twitter, and many others have started laying off employees and have either slowed or frozen the recruitment process.
If the Great Resignation of 2021 or the pending recession makes hiring more complex and costly, offshoring IT services are the way forward. The Great Upgrade is the best way to deal with such dire situations.
Staffing agencies play an instrumental role by providing your company with the most suitable offshore IT talent. This is where Mastech Digital’s IT talent solutions program steps in by hiring talented candidates from India with proven skills, experience, business acumen, and the ability to work independently. It’s probably the right time to invest in offshore staffing and find a like-for-like replacement, but at an affordable rate.
How does Mastech Digital’s offshore staffing help?
Offshore staffing can provide your company with several benefits, including lower costs, increased efficiency, and access to a larger pool of talent. Mastech Digital is a better-known offshore staffing service provider, hiring offshore talents with a proven track record for its clients. The company has global sourcing teams focusing on providing an IT workforce in India.
Let’s take a closer look at each of these benefits and how they can help your business succeed.
- Cost-Effective: Our Global Delivery Model is experienced and helps you engage with resources with greater efficiencies. We provide a great way to cut costs for your company. One of the top benefits of offshore staffing is that it helps you to avoid the hassle and expense of training new employees. The staffing solutions hire IT talent from countries with lower labor costs, saving you money and improving efficiency for your company.
- Diverse Talent Pool: Utilizing a recruitment agency improves your odds of meeting exceptional candidates with vital expertise and industry knowledge. We offer access to a substantial skilled workforce of reference-checked, pre-screened candidates. So, rather than solely depending on local workers to manage and assist your IT operations, explore a broader spectrum of the talent pool at our offshore staffing agency.
- State-Of-The-Art Infrastructure: Utilize our safe and cutting-edge offshore delivery facilities in India for project management and execution.
- Increased Work Capacity: Offshoring IT services provide the benefit of working round the clock for optimum productivity. This results in better outcomes and provides uninterrupted project support.
What makes India an ideal offshore staffing destination?
The labor cost in India is much lower than in the US, with a large pool of skilled and English-speaking talent available at lower wages. Besides, India has a vast talent pool as nearly half its population is of working age. It offers a competitive market with its lower wage structure and access to a broader network pool.
We live in a digital age where finding qualified talent isn’t as challenging as it was a decade ago. Businesses are now open to offshore outsourcing even in non-IT functions such as human resources, payroll management, digital marketing, SEO, online reputation management, and social media marketing, to name a few. The latest trends in offshoring have simplified hiring and reduced the recruitment cycle time significantly.
Offshore staffing is an ideal strategy to upgrade your IT talent at an affordable price. Mastech Digital’s offshore talent solutions provide highly-skilled IT talent from India, ensuring your business stays afloat in the competitive market. The company aims to help you optimize resources, reduce infrastructure costs and achieve greater organizational agility.
Frequently Asked Questions
Offshore recruitment process outsourcing is one of the most efficient business strategies today. However, several HR leaders still shy away from deploying the model due to several myths plaguing its image. As an outcome, they miss out on a huge opportunity to add value to their business. If you’re also on the fence, trying to decide if offshoring is the way to go or not, then this post is for you.
We compiled a list of some of the most common misconceptions doing rounds so that you can make an informed decision and do away with doubts.
Myth: Offshore staffing is all about cost-cutting and compromises on quality.
Fact: It may seem unbelievable, but offshore staffing does offer the convenience of quality hiring without burning a hole in your pocket.
One primary reason offshore recruitment services are highly cost-effective is that you can employ quality talent from less developed nations. Even though these candidates are skilled professionals, they charge you less than a domestic employee would. That’s because they live in a country where the cost of living is lower than yours.
Even though offshoring began as a business strategy for cost-cutting, the technique has evolved to prove beneficial in other essential aspects. For example, offshoring helps you maintain business continuity round-the-clock. So, it helps you serve your clients whenever they call you for support. Most importantly, it establishes you as a global brand and enables you to reach out to clients across borders.
Tip: Make sure you partner with a staffing firm only after being sure of the credibility and transparency of their procedures. Look at their earlier work and see if they can fulfill the promise of quality hiring.
Myth: You lose control over the recruitment process.
Fact: You are always the final decision maker, and offshore recruitment services are only there to distribute the workload.
Offshore recruitment services only work as an advisory for the hiring process and collaborate with your in-house team. You are in the driver’s seat when it comes to employing a candidate with your organization, as the decision to hire or not hire a candidate is entirely up to you. You can even participate in the selection rounds to reassure yourself of the quality of candidates sourced by the staffing firm.
If anything, you’re doing your in-house team a favor by off-loading them of the repetitive and monotonous tasks so that they can effectively use their skills and focus on more strategic and skill-intensive tasks.
Tip: Staffing companies do not know your company’s culture in and out, and only you can ascertain if an applicant can gel with your company’s values and ethics. Hence, it is advisable to be present for the final rounds of interviews with the candidates to correctly assess their cultural fitment with the organization.
Myth- The Offshore staffing arrangement is for large firms only.
Fact- Offshore staffing solutions are easily customizable to fit the needs of every type of client.
There is a suitable offshore staffing service for every business- small-scale, medium-scale, or even large-scale. However, many people mistakenly think hiring employees from a foreign country will cost them a fortune. It requires large budgets, which are a thing of only large-sized organizations.
It is one of the market’s most familiar offshore recruitment myths today. The truth is- hiring offshore talent is highly cost-effective. It is even more beneficial for small to medium-sized firms as it allows them to gain more working hands without spending on additional office space, employee overheads, and more. Moreover, offshoring also offers the flexibility of scaling up or down depending on the demand and business requirements.
Tip: Ensure there are no hidden costs in your agreement, and the terms are transparent right from the start.
Myth- Offshoring puts your data security at risk
Fact- Experienced staffing firms have well-managed security systems to protect your data
In today’s age of digitalization, it is almost inevitable to prevent the exchange of data, even if it’s confidential. Data is the lifeline of all processes central to the functioning of your business and preventing it from breaches is of utmost importance.
Qualified staffing firms deploy certified security systems that can prevent data leakages. Ensure you know their security management procedures well and review their credentials before collaborating with a staffing firm.
Tip: Avoid sharing your organization’s confidential data unless the need arises. That’s why companies prefer to offshore only non-core functions of the business and rely on their in-house team for core competencies.
Myth- Offshore talent does not fit well with the company culture
Fact- Diversity of culture further enhances your brand’s image and establishes you as a global brand
Organizations today strive to become more inclusive as they recognize the importance of DEI (Diversity, equity, and inclusion) in the workplace. Having a diverse workforce enables you to leverage the unique benefits that each of them offers. Moreover, you also increase your visibility among different cultures, further enhancing your market reach.
Although your offshore employees may initially take some time to familiarise themselves with your culture, having a cultural addition is always beneficial in the long run.
Tip: To minimize the language barrier and conflict of interest, ensure you have a well-managed communication process.
Many offshore recruitment services myths are trying to instil fear in the minds of business owners. We understand how much of a dilemma it can get when it comes to making a decision. However, don’t let distorted information get in your way of experiencing the immense benefits that offshore recruitment services offer. Dig into the facts, upcoming trends and see for yourself if they can provide for your business needs in a cost-effective and scalable manner.