Economic Implications of Offshore Outsourcing

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Top 5 Advantages of Offshore Outsourcing
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Cost-Cutting
Hiring professionals from an offshore outsourcing
company in India would be much cheaper compared
to recruiting native staff. The cost would be
less than 20 of the amount you will pay for
hiring locally.
Outsourcing will help you in converting your
permanent in-house employees' expenses to
variable expenses, meaning you just have to pay
for the people involved in your project.
Outsourcing can give you the leverage to control
your budget for a particular project.

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• Skilled Staff
• When a project demands skilled expertise that may
  not be there in your in-house staff, getting in
  touch with an offshore outsourcing company in
  India would be the best option.
• India is home to highly skilled manpower
  available in huge numbers.
• A major benefit of outsourcing services to India
  is that you pay less without compromising on the
  work quality.

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• Concentration on Core Business
• When you hire skilled offshore professionals, the
  workload of your in-house staff is reduced.
• As your offshore workers are experts in their
  respective domains, tasks that are critical to
  your business would be taken care of with ease.
• This also allows your in-house staff to
  concentrate on the core functions of your
  business.

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• Increased Hours Of Operation
• The time difference between you and your offshore
  outsourcing company's location can be a huge
  benefit for your business.
• It gives you the advantage of using all the 24
  hours of a day for your business. Work will be
  done round the clock, and tasks would be
  completed on time.

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• Risks Minimized
• Outsourcing work to more proficient professionals
  offshore reduces the danger of producing inferior
  products and services.
• It requires a lot of courage and trust to
  outsource critical tasks however, most
  outsourcing agencies or firms in India have the
  reputation for providing quality work.

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