In a rather volatile world business scenario, outsourcing has stood its ground and is consistently adding to the profits of businesses across the broad. A 2011 survey corroborates this fact, in which 85% of Wall Street economists agreed that outsourcing has had a positive effect on the overall economy of the U.S. Another survey shows that companies are able to cut cost up to 50% by outsourcing. It is not only the cost factor that is pushing every entrepreneur to outsourcing; the utter lack of technically qualified manpower in the west is also adding to this trend. The U.S. President, Barack Obama, accepted in the recent presidential debate that his county was facing an unprecedented shortage of qualified human resource. Due to this lack of local talent, companies and entrepreneurs have to shell out more to hire suitable human resources. In such circumstances, hiring of virtual employees can be a savior for western businesses. A virtual employee is your own dedicated resource who works from an economically cheaper and resource-rich location. The 6 ways a virtual employee will benefit your business are: - By allowing you to manage your project in your own way: When you hire a virtual employee, the service provider's office becomes your own offshore office. From this office, you can manage your virtual employees in your own way. The best part is that your service provider gives you access to most modern communication devices like vidio conferencing, PC sharing etc. to do so.
- By giving you enough flexibility: You are at full liberty to choose the number of virtual employees you want to hire as per your requirement. Say, for off season, you can scale down the team of virtual employees working for you. Besides this, no matter which time zone you are in, your virtual employees can work the same hours as you do. These flexibilities work in your favor to increase your profitability.
- By reducing overheads: The cost of overhead expenses like electricity, office space, hardware and software is much higher in developed countries as compared to the developing nations. Hence, your virtual employees working from Indian soil can save a lot on these overhead expenses. Plus, every time you expand your team, you don't have to worry about overhead expenses like extra office space, etc.
- By giving you free access to technology: As all the modern businesses are technology driven, the biggest investment that companies make is on technology, software and hardware. However, you can save on this attribute by hiring virtual employees because software, hardware and infrastructure are provided to them by the service provider.
- By giving you the ability to tap new opportunities: When you hire virtual employees to execute your non-core business processes, you find ample time to indulge in new ventures and tap new opportunities. This enables you to diversify your business.
- By giving you all the benefit of outsourcing without having to actually outsource:When you hire a virtual employee, you get all the usual benefits of outsourcing like, affordable manpower, infrastructure etc. However, you work with your own employees just like you do at your onshore office. Thus, you are not actually outsouring when you hire a virtual employee.
If you want to hire the best human resources, hiring virtual employees is your most sitable option becasue these employees give you all the benefits of outsourcing without you having to actually outsource.
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