What Are The Benefits Of Offshore Outsourcing In Business?

Any person operating a successful business will tell you that employees are the most significant business asset. They act as an engine that pushes the company forward to achieve new heights. If you believe unique talent is essential for your business, you must get the right people on your team. And what better option can be than offshore outsourcing staffing services for accessing a pool of talented people?

The outsourcing industry in the Philippines contributes more than 11% to the country’s GDP. This single largest sector, home to 700 outsourcing companies, employs about 1.2 million people.

Benefits Of Offshore Outsourcing In Business

• Better quality talent

One of the essential benefits companies procure by working with an outsourced recruiting agency such as Outsourced Philippines is access to better-quality talent. Such companies have the resources and time to find qualified and skilled talent within less time.

• Lower costs

The primary reason companies look for outsourcing services is to minimise business costs. With offshore outsourcing staffing requirements, companies get the chance to pay less than the cost that has to be incurred by having full-time employees.

Companies can easily hire skilled and dedicated offshore staff, saving them about 80% to 95% of business costs compared to recruiting locally.

• Workforce flexibility

As a business owner, sometimes you might have extreme demand for your products, and other times your business might be going through a recession phase. By working with an offshore outsourcingstaffing agency, you can easily hire more or less several temporary workers with an increase and fall in demand, respectively.

Offshore Outsourcing Staffing Services For Different Industries

Offshore outsourcing staffing services in the Philippines are known to cover a wide array of different industries, and some of these are:

• Information Technology (IT)

Since finding the right human resources for an IT business is time-consuming and costly, many IT businesses are turning to outsourcing as an ideal option for fulfilling their staffing requirements. A new study has reported that organisations can save around 15% on their IT expenses by simply outsourcing the IT workforce in the Philippines.

• Marketing

Now that businesses are striving to establish an online presence, finding the right employees with necessary online and offline marketing skills has become challenging in this digital era. Offshore outsourcing staffing agencies have the skill and experience to hire skilled and talented marketers for your company. In addition, such marketers can be hired temporarily for a particular marketing campaign, allowing companies to save recruitment costs.

• Financial industry

Almost all newly incorporated companies utilise an accountant to review their year-end accounts and try to manage other invoicing tasks themselves. However, as the company grows, this task becomes time-consuming and costly. As a result, the need for hiring credit controllers, management accountants, auditors, and more arises. By working with offshore outsourcing staffing agencies, you can easily hire qualified and experienced financial managers or accountants on a temporary or permanent basis.

• Healthcare

Healthcare offshore outsourcing is more cost-effective than hiring in-house healthcare staff permanently. Outsourced healthcare staff allows you to scale up or down your business as and when your business needs to change. Working with the outsourcing healthcare staffing agency, you can maximise productivity on reduced costs and without losing quality.

• Engineering

Every small, medium or big company is exploring digital transformation methods to ensure better efficiency, productivity, and enhanced customer experience. However, businesses need to hire a diverse team of skilled professionals to develop everything right and on time. This is when offshore outsourced product engineering services come into the picture. You can easily hire an experienced tech team from electrical to civil engineers using outsourcing staffing services.

By outsourcing engineers to a low-cost location like the Philippines, companies can save up to 50 to 70 per cent on labour costs.

Conclusion

Consider working with offshore outsourcing staffing agencies when having a staffing problem or striving to recruit skilled employees at low costs. Such agencies take time to understand the company’s recruitment needs and then try to fill vacant positions by outsourcing an experienced and talented pool with less time and cost.