As short as ten years ago, the idea of remote hiring and overseas staffing seemed inconceivable. Today, many of the forward-thinking and the most progressive businesses are taking advantage of outsourcing. Outsourcing is the process of delegating key business processes to outside providers.
The key factor to this tremendous change in the business landscape is the internet. The virtual world has enabled people to connect, communicate, socialize, and do business online – from the comforts of their home or office to anywhere in the world. The internet also paved the way for entrepreneurs and businesses to go global – in selling their products, buying materials, and hiring people.
It makes a lot of sense. If you can easily connect, communicate, and do business with people from halfway around the world, you can also create an international team for your company.
Here are four top reasons why remote hiring is the future of business;
Collaboration the best talents. Make the world your ultimate talent pool. Innovative businesses have started looking outside their cities and countries for the best talents for their companies. Running with a blended team enables businesses to get the best inputs from around the globe. Freelance work sites like Upwork, Fiverr, and Freelancer provide a platform where talents and clients connect safely, efficiently, and productively.
Cost efficiency. Savings and increased productivity are two of the top reasons big companies have started hiring remotely. Key business cities and hubs like New York, London, and Singapore are expensive, so are labor rates. Labor intensive, seasonal, and repetitive tasks are best delegated to teams or individual freelancers specializing on it. Outsourcing will save your company training expenses, office space, and work equipment. Freelancers come in trained, use their own computers, and have all the necessary tools for their job.
Streamlined staffing. Outsourcing helps companies streamline their human resources. Hiring fulltime employees means paying their fulltime pay, providing all the required benefits mandated by local laws, and managing them fulltime. This can pose a problem to businesses with seasonal demands and production needs. Hiring remotely gives more staffing flexibility – you only pay for work done, hire when needed, and minimize supervisory requirements.
Embracing the open office set up. People are slowly, but surely transitioning from the corporate work hubs to the open and flexible freelance working. With computers getting smaller and Internet connections getting stronger, people can work whenever they want and wherever they are. Freedom from the nine-to-six work hours is enough incentive for the best workers to leave cubicles.