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For any company to stay in business, it is imperative to stick to project deadlines. This can only be done by hiring the right number of competent employees. Every company – be is large or small - has to have a well carved-out strategy to hire and retain a team of competent workers. This is because the future of a company's business depends on its ability to deliver products or services in a timely manner. It is by virtue of the this strategy that a company stays competitive in the marketplace. Besides this, one needs to focus on the core competencies of the business to improve upon the business. However, maintaining a balance between appropriate resources and project deadlines is one of the biggest corporate challenges of present times. Marred by the pressures of stiff competition and expensive manpower, western companies are looking more and more towards outsourcing to stay in business. In such a scenario the concept of hiring virtual teams to perform the non-core functions can give a new lease of life to any dwindling businesses. This solution also gives a company the necessary bandwidth to focus on its core competencies. Hiring a virtual team not only saves cost for the clients, but provide a wide range of facilities which have set a new benchmark in the outsourcing industry. A company can hire a team of virtual employees at a location where ample workforce is available at a reasonable price. Outsourcing players in the emerging markets like the BRIC countries can provide a wide range of services to western companies. The Indian suppliers, in particular are well known in the western market for their ability to deliver quality services. By hiring a virtual team through a vendor of repute, a client gets the following facilities: Simple and Easy Hiring Process: The vendor renders all the help to the client in the hiring process – be it providing resumes of prospective virtual employees or conducting their interviews via video-conferencing. All these facilities from the vendor makes the hiring process very easy for the client. Flexibility: A virtual team offers all the flexibility to the clients. They can start by hiring a single virtual employee and can later increase the size of their virtual team according to their needs. This flexibility optimizes the operational cost of a client's project. Reliable Team of workers: The virtual team works from a well supervised office of the vendor, thus making it easier for the client to supervise its work. This feature of a virtual team also adds to its reliability. Moreover, a reliable team of employees can deliver on deadlines. Data Security: Data security is paramount for any client to gets the work done from a remote location. However, with a virtual team it is not an issue because the vendor makes all the data security provisions – be it installing appropriate software or hardware. Ease of Communication: Client can seamlessly collaborate with their virtual team with the help of the latest communication devices provided by the vendor. These communication devices include video-conferencing, PC sharing, telephone etc. With these communication devices, clients can also control their project in a better way. All these virtues of a a virtual team enable the clients to deliver on deadlines and to access talent at a reasonable price.
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