Offshore Staffing Companies:All You Want to Know About

 What Exactly is Offshore Staffing?

First of all, it is important to know the difference between offshoring and outsourcing. Offshoring is the relocation of a business process from one country to another. Outsourcing refers to the award of a contract to an external company or organization.

Offshore Staffing Services offer professional HR solutions for small, medium and large companies. These companies often attempt to outsource a small part or all of their workforce.

Many business functions of an organization are not the "core" of the business. Core functions are in the foreground and dealing with non-essential functions can be distracting. Because of this, in today's global economy, it makes sense to look for cheaper and more efficient ways to perform certain business functions. These roles include, but are not limited to, information technology, human resources, data entry, web development, internet marketing, technical support, accounting, and finance.

What are the advantages?

Offshore staffing services can be an accessible, efficient and economical alternative to maintaining large and expensive offices on land (in the home country or in the region).

All employees can be where there are economical labor markets, allowing companies to cut costs significantly and achieve a much better return on investment.

By using remote HR solutions, companies can maintain full control of day-to-day business operations. It's like having some of your business departments in a different city, only that city is "offshore" in a different country. Professional Offshore Personnel Solutions offer better availability of qualified talent by offering recruitment services as part of the package.

The client company just has to list their personnel requirements, and the offshore personnel company will find the ideal candidates for the position from the large pool of talents. The process is very similar to hiring people at home. Once the candidates have been selected, the client company can screen the applicants and, if necessary, even interview potential candidates. As soon as the new employee is selected, he or she becomes an employee of the client company. However, the offshore recruiting company takes care of all the "back-end" requirements such as contracts, payroll and personnel.

In fact, the entire operational management side of the business can be controlled abroad, and the operations manager assigned to the client's business coordinates everything from ensuring KPIs are met to getting tasks done on time and reporting updates on the progress of the offshore team.

Another great benefit of outsourcing employees in this way is flexibility, as it's easy to increase and decrease employees as needed. So if there is a short-term project with a higher need for labor, the company doesn't have to worry about hiring and firing. This can be managed by the offshore personnel company.

Offshore personnel services in Vietnam are proving to be the most competitive in Asia, if not the world. A recent report by Ernst & Young (Doing Business in Vietnam) states: “Vietnam remains one of the fastest growing Asian economies with high GDP growth in recent years. It has highly skilled young workers with an exceptional work ethic and a literacy rate of over 90%. Vietnamese are highly educated and ready to work in highly skilled industries such as information technology, pharmaceuticals, and financial services at a more competitive cost than other countries in the region. "