Find the Same Talent for Less
Labour is one of the biggest operating expenses for most businesses, with the likes of recruitment, training, wages and annual leave accounting for as much as 70% of total costs in some organizations. Hiring more people also typically requires additional infrastructure such as office space, furniture and IT equipment and, in turn, many organizations find themselves struggling to balance the cost of staffing with the potential sales or revenue they may generate.
Offshoring allows businesses to ease such financial pressures, with studies finding cost reduction is the number one reason businesses choose to offshore.