Offshore Staffing Companies:All You Want to Know About

 What Exactly is Offshore Staffing?

First of all, it is important to know the difference between offshoring and outsourcing. Offshoring is the relocation of a business process from one country to another. Outsourcing refers to the award of a contract to an external company or organization.

Offshore Staffing Services offer professional HR solutions for small, medium and large companies. These companies often attempt to outsource a small part or all of their workforce.

Many business functions of an organization are not the "core" of the business. Core functions are in the foreground and dealing with non-essential functions can be distracting. Because of this, in today's global economy, it makes sense to look for cheaper and more efficient ways to perform certain business functions. These roles include, but are not limited to, information technology, human resources, data entry, web development, internet marketing, technical support, accounting, and finance.

What are the advantages?

Offshore staffing services can be an accessible, efficient and economical alternative to maintaining large and expensive offices on land (in the home country or in the region).

All employees can be where there are economical labor markets, allowing companies to cut costs significantly and achieve a much better return on investment.

By using remote HR solutions, companies can maintain full control of day-to-day business operations. It's like having some of your business departments in a different city, only that city is "offshore" in a different country. Professional Offshore Personnel Solutions offer better availability of qualified talent by offering recruitment services as part of the package.

The client company just has to list their personnel requirements, and the offshore personnel company will find the ideal candidates for the position from the large pool of talents. The process is very similar to hiring people at home. Once the candidates have been selected, the client company can screen the applicants and, if necessary, even interview potential candidates. As soon as the new employee is selected, he or she becomes an employee of the client company. However, the offshore recruiting company takes care of all the "back-end" requirements such as contracts, payroll and personnel.

In fact, the entire operational management side of the business can be controlled abroad, and the operations manager assigned to the client's business coordinates everything from ensuring KPIs are met to getting tasks done on time and reporting updates on the progress of the offshore team.

Another great benefit of outsourcing employees in this way is flexibility, as it's easy to increase and decrease employees as needed. So if there is a short-term project with a higher need for labor, the company doesn't have to worry about hiring and firing. This can be managed by the offshore personnel company.

Offshore personnel services in Vietnam are proving to be the most competitive in Asia, if not the world. A recent report by Ernst & Young (Doing Business in Vietnam) states: “Vietnam remains one of the fastest growing Asian economies with high GDP growth in recent years. It has highly skilled young workers with an exceptional work ethic and a literacy rate of over 90%. Vietnamese are highly educated and ready to work in highly skilled industries such as information technology, pharmaceuticals, and financial services at a more competitive cost than other countries in the region. "

Offshore Staffing Companies:All You Want to Know About

 What Exactly is Offshore Staffing?

First of all, it is important to know the difference between offshoring and outsourcing. Offshoring is the relocation of a business process from one country to another. Outsourcing refers to the award of a contract to an external company or organization.

Offshore Staffing Services offer professional HR solutions for small, medium and large companies. These companies often attempt to outsource a small part or all of their workforce.

Many business functions of an organization are not the "core" of the business. Core functions are in the foreground and dealing with non-essential functions can be distracting. Because of this, in today's global economy, it makes sense to look for cheaper and more efficient ways to perform certain business functions. These roles include, but are not limited to, information technology, human resources, data entry, web development, internet marketing, technical support, accounting, and finance.

What are the advantages?

Offshore staffing services can be an accessible, efficient and economical alternative to maintaining large and expensive offices on land (in the home country or in the region).

All employees can be where there are economical labor markets, allowing companies to cut costs significantly and achieve a much better return on investment.

By using remote HR solutions, companies can maintain full control of day-to-day business operations. It's like having some of your business departments in a different city, only that city is "offshore" in a different country. Professional Offshore Personnel Solutions offer better availability of qualified talent by offering recruitment services as part of the package.

The client company just has to list their personnel requirements, and the offshore personnel company will find the ideal candidates for the position from the large pool of talents. The process is very similar to hiring people at home. Once the candidates have been selected, the client company can screen the applicants and, if necessary, even interview potential candidates. As soon as the new employee is selected, he or she becomes an employee of the client company. However, the offshore recruiting company takes care of all the "back-end" requirements such as contracts, payroll and personnel.

In fact, the entire operational management side of the business can be controlled abroad, and the operations manager assigned to the client's business coordinates everything from ensuring KPIs are met to getting tasks done on time and reporting updates on the progress of the offshore team.

Another great benefit of outsourcing employees in this way is flexibility, as it's easy to increase and decrease employees as needed. So if there is a short-term project with a higher need for labor, the company doesn't have to worry about hiring and firing. This can be managed by the offshore personnel company.

Offshore personnel services in Vietnam are proving to be the most competitive in Asia, if not the world. A recent report by Ernst & Young (Doing Business in Vietnam) states: “Vietnam remains one of the fastest growing Asian economies with high GDP growth in recent years. It has highly skilled young workers with an exceptional work ethic and a literacy rate of over 90%. Vietnamese are highly educated and ready to work in highly skilled industries such as information technology, pharmaceuticals, and financial services at a more competitive cost than other countries in the region. "

Benefits of Offshoring to the Philippines: How it Helps Your Business Grow

 Increasing business efficiency through offshoring has never been easier than today. This paved the way for companies to develop strategies that would allow them to rapidly expand their skills and ultimately increase their bottom line.

The benefits of offshore staff

Your company is unique in its own way. What might work for large companies may not be the right decision for you. So if you want to take advantage of Offshore Staffing Services, here are the things to look forward to and how to incorporate them into your business.

1. Economy

A common promise made by offshore personnel is profitability. You are a force multiplier and you gain a competitive advantage because you can invest money elsewhere and grow other aspects of your business.

You also have the option of hiring or hiring an outsourcing company to provide overseas staffing services. However, there is a risk that good people will be hard to find or that you will employ inferior talents.

On the other hand, building a team through an outsourcing company is about more than just cutting costs. It brings value to your investment through highly qualified and experienced talents who are focused on growing your business. In addition, you save up to 60% in costs such as:

• Infrastructure

• Rent and food

• Paysheet

• Health care

• E-commerce services: product information management, data entry, data processing, etc.

• To get value for money, find an outsourcing partner that suits you and see how you can take advantage of their offer. If you own an e-commerce business, it makes sense to work with an e-commerce outsourcing company.

2. Extended business continuity plan

Inopportune events such as natural disasters, power outages, security breaches or pandemics can affect business operations. Therefore, a strong business continuity plan ensures that your business can survive even in the event of untimely events.

Overseas staffing is one of the best business continuity strategies because you have an unaffected overseas team to assist you.

To deploy offshore staff for business continuity, you need two things:

• Think about the tasks you can't afford to put off.

• Find an outsourcing company that can handle these tasks and has its own business continuity plan.

 

In this way, you can be sure that your business can and will survive any of your company's premature challenges.

If you are having trouble supporting your business online amid the COVID-19 pandemic, please don't hesitate to contact us. We are happy to help you tackle this pandemic through our outsourcing solutions.

3. Expand the capabilities of business operations

If you outsource your workforce to a country with a different time zone, you have the advantage of running your business 24 hours a day. When you have an outsourcing partner to help you manage your offshore team, you can get a good night's sleep knowing that your business is running smoothly.

US companies can take advantage of this time zone advantage by outsourcing at least 12 hours in advance to countries such as the Philippines, Australia, China, and other countries.

Some of the more common tasks that online businesses can outsource are:

• Creative services: graphic design, logo and branding, web design, etc.

• Digital marketing: SEO, SEM, web content, email marketing, etc.

• Back office services: product information management, data entry, data processing, etc.

4. Quick response times

If you don't like the idea of ​​a 24/7 business operation, many outsourcing companies are willing to work during their business hours and provide quick response times.

You don't have to worry about your products or services being available months later. Working with an experienced offshore team gives you access to the same quality of service and qualified specialists that you would have in a local market.

Many outsourced professionals can leverage industry leading technology to collaborate and provide timely digital delivery that enhances your business capabilities.

5. Internal efficiency

The benefits of expanding your operational capabilities and quick response times through offshore personnel lie in improving internal efficiency. Since you can outsource your small but critical tasks, you can develop your internal staff.

For example, if you are just starting to build an online store counterpart for your physical store, it will take a lot to enter product data, write product descriptions, and more.

While these tasks are apparently effortless, they take a long time to complete. Delegating these tasks to your internal staff can slow down your overall progress and delay your start date.

With staff abroad, your employees receive additional support from abroad. Then you can delegate higher-level tasks to your internal team or even move them into leadership roles.

6. Business economic expansion

Department expansion is one of the most obvious signs of your company's growth.

As your business grows, the offshore model allows you to respond quickly to increasing demand and workload. Because it allows you to expand the number of employees and your team infrastructure quickly and without significant initial investments, such as investments, taxes and other operating costs.

Offshore staff can help you expand without cluttering your current office space and spending too much money. Plus, hiring an outsourcing company means you have someone who takes care of your people, including housing, human resource management, taxes, and more.

7. Delegate administrative tasks

By working with an outsourcing company, your company has the opportunity to have an account manager to manage your team for you. As a business, this means that all you have to do is specify what kind of skilled people you need and what services you need.

Most likely, an outsourcing company will have a team of experts for every task you need to make sure it meets your needs and can be delivered on time. This can free up administrative resources that add to your production at home.