Now, the first step in making this happen is to understand the difference between outsourcing and offshoring. And businesses that manage this successfully often get the most impressive results. All client-facing work should remain in-house, but there are still plenty of jobs that can be offshored. Keep in mind that both offshoring and outsourcing are ideal for any type of work that doesn't involve meeting with clients. Using the same figures, it means that outsourcing and offshoring several roles can reduce the cost of wages of any company, including agencies, by as much as a quarter-million dollars.
In fact, companies with the resources to hire abroad have every reason to do so, as the lower cost of work could save them massive amounts of money.Īfter all, why would any business continue to pay a US-based employee $80,000 a year when someone in a different country could do the same job for 20% of the cost?
Various industries were quick to realize this fact, making offshoring and outsourcing a viable option for businesses. Most professionals in creative roles have a significant advantage - they can work from anywhere in the world.
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