WHY IN-HOUSE OFFSHORING?
Whether you're looking to expand your business or reduce costs, in-house offshoring will cut expenses, open growth opportunities, and ensure your workforce is integrated and aligned to optimise your results.
Cost Savings
The average salary of offshore talent is 70 to 80% lower than in Australia, New Zealand, United Kingdom or United States. With salaries often being the biggest cost of a company, the impact of offshoring on your bottom line and profitability are unmatched, and the possibilities as far as the costs you save are endless.
Expansion
Whether you are looking to expand your workforce, introduce a new service or product, or grow your market, recruiting locally is costly and can delay or hinder expansion. The cost differentiation in offshore talent drastically reduces that investment, meaning you can hit the ground running and hire as many people as you need to maximise your expansion.
In-House Offshoring vs Outsourcing
Many companies wanting to reap the benefits of accessing overseas talent turn to outsourcing services, but they're missing out. Outsourcing can look like an easy way to save costs, but companies often regret the decision. You're paying a huge margin to the outsourcing provider, so you're minimising the cost-savings. Your outsourced team is employed by another company. They aren't really your team, and you won't have the management control, engagement, integration with your operations or access that you would have if you employed them directly.
In-House Offshoring
Outsourcing
Cost
70-80% lower than onshore
20-30% lower than onshore
Hiring
You choose the right people for the roles your business needs
Outsourcing provider makes hiring decisions, usually for their general purposes
Management &
Integration
Manage your offshore team according to your business practices and standards and integrate with onshore teams
Rely on provider to manage team based on your feedback, you may have limited direct interaction
Flexibility
Decide on the tasks, roles, and contract terms of your team and adapt as needed
Multi-year locked-in contract with pre-defined services with the provider
Control
Your company owns the products of your team's labour
Provider may retain IP rights to technology or products created or used by your team
Across all the most important metrics, in-house offshoring is a better option than outsourcing. When you can choose, train and work directly with your in-house offshore team, you get better quality outcomes and don't have to rely on an outsourcing company which has you locked into a multi-year contract. If you tie yourself to an outsourcing company, you are likely to find out that you don't have transparent access or ownership of the products and intellectual property produced by the people working for your business.