Unlock Your Business Potential: How Outstaffing Implementation Fuels Growth
Outstaffing implementation is the new trend—and for the right reasons. Global businesses now have physical and virtual quarters in almost all regions to access global talents at competitive prices.
Outstaffing implementation is where organizations like MaybeWorks integrate remote talent pools into their core teams, enhancing their capacities to produce and run operations on a smaller budget.
As a business owner, you must consider outstaffing implementation and create an ecosystem for seamlessly integrating remote staff into the company's core culture.
Companies are constantly in a race to deliver consumer-centric product features and services. Markets have always been dynamic, however, there is more access to market data with the internet and social media.
As a company leader, it's important to understand market trends and perceptions. Trends tell you where the market is, and perceptions tell you where it is heading.
The good news is that accessing the necessary data to ascertain trends and perceptions is easy. The bad news is that your competition also has the same access.
This means that everyone is in a race to satisfy consumer needs. It's important to work faster and more efficiently and build products that directly relate to your consumer's pain points. All these point to a need for speedy and right hiring.
Companies can no longer rely only on traditional hiring models. A company is only as good as the talents it utilizes. But talent isn’t even enough. It’s the ability to reach, hire, and use skills in the right sector of an organization that sets a company apart from the rest.
Outstaffing is the modern solution to the need to access quick talents. The rest of this article will focus on outstaffing implementation and how it fuels an organization's growth.
What is Outstaffing, and What Does an IT Outstaffing Services Company Offer?
Outstaffing is also known as extended team outsourcing or staff augmentation. When a company outstaffs, it partners with an external talent provider to access skilled professionals to work remotely on specific projects.
Unlike traditional outsourcing, where a company partners with an external talent provider to access skilled professionals for an entire project, outstaffing needs the external talent provider to provide personnel for specific projects and roles. With outstaffing, companies can augment their talent pool or existing teams for short-term and long-term projects.
How Does an IT Outstaffing Agency Work?
- A company needs extra pairs of hands for specific projects or roles.
- A company partners with an IT outstaffing services company to provide the professionals.
- The professionals are not hired as in-house employees. Rather, they are external and remote and must provide their working equipment.
- The company can either manage the professionals, including payment and project monitoring, or allow the outstaffing firm to handle them.
Outstaffing allows companies to access talents at a more affordable rate, avoiding the hassle, legal tussle, and administrative framework that comes with traditional hiring.
How Does Outstaffing Unlock Business Potential?
Flexibility and Scalability
An IT outstaffing service company increases an organization’s flexibility. The company can quickly scale up or scale down operations, depending on demand.
Practical Example
Acerx Marketing Inc. (an English company) recently signed a contract to provide 3,000 articles in 2024 for a major publication in the United States.
Acerx Marketing needs 30 writers to write and edit around ten articles monthly to complete the project.
Acerx understands that hiring writers in England will have insane financial implications. First, the contract with the US publication is only for 2024. Second, the overhead cost of hiring, equipment, rent, utilities, training, and management will completely dwindle any profit Acerx will make from the deal.
Acerx hires Company Y, an outstaffing agency, to hire 30 intermediate-level writers to run the project. All 30 writers work remotely, so Acerx does not have to worry about overhead costs like rent, equipment, and training.
The 30 writers, 3 Acerx in-house proofreaders, and 2 Acerx in-house editors collaborate on Asana. The writers upload their writings to the clients' CMS websites as drafts within the agreed time, and the proofreaders and editors check the work for quality. The editors and proofreaders approve and publish writers' works.
The UK publication pays Acerx every month. Acerx pays its external writers.
What you see above is as simple as it gets. With outstaffing, companies access professionals who work remotely, generally charge less, have excellent working experience, and cover their overhead costs.
Cost-efficiency
By leveraging outstaffing services, companies reduce overhead costs. A company must be flexible enough to meet agile market demands and should always seek financially and functionally efficient methods.
The world is full of talents, and outstaffing agencies leverage their positions in different cultures and locations to access professionals who will work at a fraction of the wage of in-house professionals and deliver just as well as in-house professionals.
Practical Example
An outstaffing company with legs in Eastern Europe knows the region's best programmers and software developers. If Company B in New York needs AWS engineers and React Framework experts, they can hire the services of the outstaffing agency to access these talents in the Eastern Europe region.
Focus on Core Competencies
With outstaffing, business can focus their in-house employers on core competencies while the outstaffed professionals work on complementary tasks and projects.
Faster time-to-market
With outstaffing, businesses can accelerate time to market by accessing a pool of ready-made professionals. Outstaffing has allowed software development businesses to produce a large amount of software quickly.
For companies needing to streamline their financial operations, outsourcing bookkeeping can be a strategic move to ensure accuracy and efficiency while focusing on core business functions.
Author: Michael K. Wallace
Michael is an experienced IT professional with over a decade of software development, project management, and business analysis expertise. He has a passion for leveraging technology to drive business growth and innovation. Michael enjoys sharing his insights and knowledge through writing, and is dedicated to helping businesses succeed in the ever-evolving IT landscape.
