Why Should You Consider Hiring Offshore Remote Developers?

By 2050, at least 70% of the workforce will be remote.

That means you have a whole bounty of global talent to pick for your team.

And going offshore isn’t just about money.

When tech companies all around the world are going out of their way to add value and innovation to their team, you can’t compromise with anything subpar.

Let’s dive in to see how offshore remote developers can benefit your business and when it makes sense to choose it over an in-house team.

Challenges With In-house Full-time Developers

Talent Deficit Market

There is tons of work and too few skilled people.

It has become a bottleneck for businesses, making them settle for less or wait for the right candidate, often killing the first mover’s advantage.

Either way, it leads to huge revenue loss.

Long Hiring Cycles

The right developers aren’t exactly free and readily available.

While it may take you 42 days to fill a position, the time may go higher if you wait for an already employed developer to complete his notice period and join you.

And just because a candidate has said they’ll partner with you doesn’t mean that they’ll actually do. Developers are always on the hunt for a better opportunity and can use your offer to negotiate with their other prospects.

Expensive Upkeep

The market is competitive, where developers expect an equally competitive salary.

These expenses get steep when you have to pay for the benefits like insurance, pension contributions, and resources for them to work.

And it’s not even a one-time expense. It’s the overhead above the monthly salaries for each employee every month.

Building Company-Employee Loyalty

The challenge doesn’t end with finding the right team. You’ll have to retain them.

And a couple of team lunches and collaborative activities aren’t enough to boost the camaraderie.

When most developers switch their jobs after one year, it becomes a mighty challenge for businesses to build a sense of loyalty among the team.

How Can Offshore Remote Developers Help Your Business?

Offshore remote hiring means going international in search of talent. You can hire freelance or full-time developers remotely across the world without much hassles of providing office space or work equipment.

Let’s look at why it’s emerging as the latest trend.

Stretch your development budget

One of the most popular reasons businesses hire offshore developers is to save some real money.

You can hire developers from other countries that match your requirement and pay scale.

While you may save up to 50% per developer, they might earn more than they get in their own countries. Both developers and the hirers come out as winners in this scenario.

Also, since it’s remote hiring, you can save some bucks on equipment, office space, or other resources.

Hiring freelance developers even reduces the paperwork hassle.

Leverage Global Talent Pool

When you welcome candidates across the world, you can bet your dollars on abundant skilled developers with advanced knowledge.

Going global also makes it easier for you to spot the developers of a niche technology that you require.

It allows you to work with specialized developers so that you never have to make do with a flawed project.

Overall, it empowers you to be picky about the developers you see fit for your work without compromising quality.

Speed Up the Hiring

Where once you had ten candidates for a position, you get a hundred now with worldwide access.

It eases the anxiety and competition for getting the talent hired as everyone has something for themselves.

Also, finding a freelancer or full-time offshore developer has been made easy with online platforms like ellow. You can find developers who are screened and rated basis their skills.

It offloads a significant amount of work from you and reduces hiring time.

Cater Clients Across Borders

Asking your international clients to reach out to you only during your time zone can look unprofessional.

Cutting corners in service experience can hold back your customers from continuing business with you or referring you to their friends.

But asking your team to work odd hours or hiring someone, especially for this, isn’t a sustainable solution.

You can onboard developers from countries considering your client base to serve your customers and resolve their issues in real-time.

The benefits will reflect in your revenue and retention from the first month onwards.

Step-up In-house Team’s Productivity

Recruiting remote offshore developers doesn’t mean that you have to replace your whole in-house team.

You can use offshore hiring to back your existing team with extra help.

To manage the product roadmap, hire a freelance developer who can deliver tasks on a strict deadline so that you can get the job done without halting other ongoing projects.

It will also be fruitful in the long term as your team will be less likely to get burned out and can take some time off to unwind.

Scale Swiftly

Only a business that constantly moves can be successful…irrespective of your team’s quantity or quality.

You and your clients can’t wait for a position to be filled to continue with their work.

Offshore remote developers are readily available and skilled to take on your project from day one. You can increase your operations or take on bigger and better projects without month-long contemplations on hiring. It allows you to ensure business continuity with reliable delivery.

When Should You Hire Offshore Remotely?

Budget Management

There are lots of expenses involved in hiring and managing an in-house team. From the moment you start searching for a candidate until their training, the charges and efforts can make anyone dizzy.

Offshore remote hiring saves you a lot of overheads while delivering the expected project.

Peak Demands

If you are stacked with pending issues, unmet deadlines, incomplete projects, and long due customer requests, then it’s time to introduce a drastic change.

However competent your team might be, but they can’t do everything with equal finesse. Instead of giving in to the situation, you can accelerate your processes with some affordable resources.

Hire some remote offshore developers, and since they can start immediately, you can bring your tasks back to the track.

Niche Skills

A lot changes in technology every day. And not everyone around you might be up-to-date with it.

Even if a handful of them are, you can bet they will charge you accordingly for this significant advantage.

If your business requires such niche technology or skill, the right choice would be to find the developers offshore rather than waiting for a messiah to pop up for you.

You can bring new knowledge to your team and disrupt the market by moving ahead quickly.

Round the Clock Operations

If your customers expect 24×7 services, it’s better to invest in good offshore developers who can help you deliver that.

You can hire affordable talent to develop live chatbots, AI-powered voice recognition, and behavior predictors to help you understand and serve customers a hundred times better.

Even for short-term projects or regular maintenance that might require working odd hours, an offshore developer can do the job for you.

Where Can You Find Talent For Your Development Team?

The benefits of remote offshore hiring must have perked up your interests. But going at it without thoughtful planning can turn a profit into a loss.

Firstly, understand why you want to hire a developer. Detail out the requirements and then decide what your ideal candidate should possess. Irrespective of the specialization, you should look for a few must-haves before handing over crucial responsibilities of your project.

To ease your search, use the right platforms where you can access the global talent and rely on their capabilities without a doubt. Check how the forum is vetting the authentic candidates so that you don’t end up wasting your time and effort.

It’s essential to stay updated with the latest market trends to beat your competition and impress your customers. If you’re still making up your mind about whether remote offshore developers can help you, then you have already given an edge to your competitors.

Jisha Panicker

Jisha Panicker, the Head of HR at ellow, a platform specialising in tech recruitment, brings with her over 10 years of experience in diverse aspects of HR. Learning agility, resilience, and grounded optimism are the three distinct qualities that have proven instrumental in her success. She is a fitness freak, an occasional reader, and loves dancing and driving.