The demand for hiring offshore development team is booming around the world. But you must be wondering why does the need arise? What are the benefits? The main reason behind this is that it is reasonable to hire offshore developers for a startup. And recruiters can have a wider pool of talent to hire from. There are several other benefits as well. Let’s quickly see the benefits of hiring offshore developers:
Low Cost: You save a ton of money since you don’t have to pay overhead expenses like office rent, payroll, vacations, insurance, benefits, and hiring fees. If you consider hiring from countries like Asian countries like India, Bangladesh, almost 30-50% of the amount can be saved.
Increased Productivity: Productivity can be increased as you can hire a developer who is already skilled in the required expertise. Also, HR load can be considerably decreased as it will be taken care of by the company from where you’re hiring developer.
Access to Wide Talent Pool: You can recruit a developer as per your requirements from anywhere in the world and the offshore developer would be happy to work in a startup as well. As per the statistics, the global developer community is expected to rise to 28.7 million by 2024.
Flexibility: A developer needs to be flexible enough to adjust as per project needs but at times it becomes difficult as some projects demand a completely different technology to work on. Such cases are very common to encounter in startups.
Steps to hire an offshore developer:
Consider the following points before hiring a developer for a project or your startup.
Define the business objective: Share your project’s scope with the developers before hiring them. If you are clear about your project’s objective or scope, it helps in fulfilling the project requirements up to the mark. It helps in achieving the right milestone for each stage of the project.
Define the roles you want to hire: Check the skillsets that you require in a developer for the project. It also includes the knowledge of technology stack and years of experience that a developer should have. From the requirement, define whether you want to hire a business analyst, product owner, developer, QA, etc.
Plan your Budget: Plan your budget very cautiously. Find investors to fund your business. For that, first you will need to plan each thing of your business. Initial planning plays a very important role.
Hire Right Developers: Hire the best developers as per your budget allocation from various countries. Check the feasibility of the developer to work as per your time zone or how to coordinate. Look for the best price and quality. Before hiring, check their previous work profile. Discuss the payment terms and determine if they agree with the offers.
Conclusion
Most of the time, outsourcing software development is a good idea, but before choosing this course of action, it's always important to have a thorough understanding of the current project. Think about the delivery dates you have in mind as well as the ways the software outsourcing provider will increase productivity. Analyze your current resources as well, paying close attention to any capacity issues and skill gaps that might exist within your internal team and then hire the best offshore development team for your company.
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