Access to a Global Talent Pool: Why Outsourcing and Offshoring is a Strategic Advantage to Bridge Your Human Resource Needs

27 Sep 2023

Many businesses are facing severe challenges because of local staff shortages which are affecting almost every part of the economy and pressuring small- and medium-sized companies in particular. The labour shortage is at least partially responsible for some these issues:


  • Companies are having to increase wages and benefits to appeal to the talent market.
  • The knock-on effect includes rising prices for consumers and further fuel for the inflationary fire.
  • While businesses who hire directly are reporting their own staff shortage problems, recruitment agencies also say they are being challenged in their search of the talent pool for employees in areas such as banking, accounting, insurance, IT, construction, project management, general admin, and call centres.


Such issues should serve as a red flag for companies and alert them to the urgent need for strategic planning and innovative solutions to help them solve the staff shortage by accessing the opportunities offered by tapping into the global workforce.


Outsourcing and offshoring can provide a strategic advantage through recruitment via the global talent pool. For example:


  • By outsourcing and offshoring, companies can engage with a vast global workforce with diverse skills and expertise that may not be easily accessible locally because of a skills or labour shortage.
  • Global outsourcing and offshoring gives businesses the option of easily scaling their operations up or down, depending on demand.
  • It can be more affordable for businesses to address the staff shortage by employing an outsourced talent acquisition strategy.


 

Easing Labour Shortages


By using global sourcing to find skilled professionals, businesses can approach different regions and plug the gaps that are proving tough to fill from the domestic talent market. A fresh approach, diverse experience and different viewpoints can turbocharge innovation and bring growth and success. Businesses that identify the specialist skills which they are lacking can be at the cutting edge of technological breakthroughs and beat constraints on resources by building a diversified talent pool.


Offshoring can enable companies to operate around the clock, and provide customer service and support 24/7, which is of particular benefit for businesses with customers in different time zones. The flexibility of having a global workforce also enables companies to be agile in their responses to changes in their circumstances and business environment.

 


Cost Effectiveness


Outsourcing to countries where labour costs are lower can result in a significant cost advantage. The savings provided by such cost efficiency can then be reinvested into core business operations. The specialist knowledge and technical skills that can be found through the global sourcing of talent through outsourcing and offshoring with Intogreat Solutions can help businesses to stay competitive and enhance operational efficiency.


Niche Specialization


Global offshoring staffing solutions enable access to a large talent pool: For example, Intogreat Solutions Philippines has access to more than 700,000 graduates from universities and colleges who join the country’s workforce every year. The Philippines’ diverse educational programmes provide the talent pool with highly educated, job-ready graduates possessing technical and soft skills in a wide range of subjects and sectors. Such a talent market can be elusive for companies who are attempting to hire locally, particularly in the current climate.


In addition, the rigorous recruitment process built and operated by Intogreat, in which you, the client, plays a central role and makes the final decision on new hires, is designed to ensure that the right person is invariably slotted into the most suitable role. It’s a process in which everybody wins.


A Word of Caution



It’s important to note that while global outsourcing and global offshoring offer many potential benefits, they also come with risks: Areas such as data security, direct hiring, communication problems, quality control issues, geopolitical risks, and potential negative public perception should all be considered by companies who are thinking about a global offshoring or global outsourcing solution to the labour shortage. Therefore, it’s crucial for businesses to carefully consider these factors and implement effective management strategies when engaging in outsourcing or offshoring. Intogreat Solutions Philippines has stringent and effective policies in place to manage any such issues.

FREQUENTLY ASKED QUESTIONS

What are the advantages of offshoring and outsourcing with Intogreat?

Intogreat is one of the fast-growing outsourcing companies in the Philippines, delivering exceptional services where you are 100% in control. We not only offer management of recruitment, HR, payroll, and administration, we also help you manage employee performance, productivity and quality. Intogreat’s founders and leaders have over 70 years’ combined experience of offshoring and outsourcing worldwide. Intogreat also has a team of experienced business improvement experts who work in partnership with your operations to deliver you with the right solutions to improve and grow your business.

What are the industries that can be offshored and outsourced with Intogreat?

We specialise in helping small- and medium-sized companies find professional services staff in all industries, and we have plenty of experience in the insurance, mortgage broking, financial planning, contact centres, banking and accounting practice spaces. We also cover IT and software, construction, admin roles, marketing, project management, NDIS, charities, and non-profit organisations.

Intogreat Solutions Philippines establishes strong connections between people, processes, administration, communications, and the client. This approach ensures a smooth onboarding process, but it requires more than just recruiting the best people and setting up a team. Our offshoring and outsourcing service provides end-to-end project management to seamlessly migrate your processes, and dedicated leaders who are experts in their fields to oversee your operations. Intogreat aims to create strong and collaborative connections between the head office and offshore or outsourced teams. 

Many companies are considering offshoring as a smart business strategy to address the labour shortage, and there are numerous global offshoring and global outsourcing companies to choose from. However, selecting the right offshoring partner is crucial — one that will make sure that your business objectives and goals are aligned with their service goals. Intogreat is one such company.

Book a Meeting


As an expert in both global outsourcing and global offshoring, Intogreat is committed to addressing your staff shortage issues and providing you with a highly skilled and conscientious workforce sourced from an abundant talent pool, In addition, we pledge to make your offshoring and outsourcing journey easy, successful, rewarding, and empowering.


KEEN TO HEAR MORE ABOUT BEATING THE LABOUR SHORTAGE BY OFFSHORING AND OUTSOURCING WITH INTOGREAT?

Our outsourcing experts are ready and waiting, so schedule your consultation now.



Book an appointment with one of Intogreat’s expert offshoring consultants.

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