Harness the power of Outsourcing
Why Outsource?
Rising cost of operations in term of the investment in skilled HR, Infrastructure and economic pressures have forced companies to think of different ways to increase profitability and be more competitive in the marketplace. The advances in technology and globalization has made it possible for companies and individuals to succeed in a competitive economy by leveraging the benefits of outsourcing. Companies that take advantage of outsourcing are well positioned to be competitive and innovative.
Significant reduction in the “Cost of Operation” and removal of the “Stress of operational management” are the key benefits of Outsourcing! Outsourcing a HR intensive function can lead to reduced cost in terms of Salaries, Pensions, Training, Office overheads, Equipment and other indirect cost, companies that decide to outsource will not have the burden of carrying large number of employees on their direct payroll, in addition to eleminitating the need for their day to day management.
For example, the average annual total compensation including benefits for a typical UK / USA based:
- CAD drafter is estimated to be approximately $45,000
- Software engineer is estimated to be approximately $60,000
Companies who decide to outsource the above functions can expect to gain on average 70% saving in cost.