Outsourcing developers is becoming increasingly popular around the world. On a daily basis, the demand for hiring offshore developers grows. But why is this happening? To begin with, hiring offshore developers is cost-effective.
Second, it provides access to a larger pool of talent. Aside from these two, there are several other advantages to hiring offshore developers.
Why are companies Hiring Offshore Developers?
According to Deloitte’s global outsourcing survey, approximately 72 percent of companies prefer software development outsourcing to in-house development. But why do businesses prefer outsourcing so much? Listed below are a few of the reasons that would answer that question.
Cost-efficient
One of the major deterrents to starting a business is the cost of doing so. According to a Quartz report, roughly 46 percent of startups fail due to lack of funds. However, suppose startups hire offshore development teams. In that case, they are unlikely to suffer the same fate because outsourcing eliminates the need to pay for overhead costs such as payroll, office rent, vacations, insurance benefits, recruitment fees, and so on.
Flexibility
When it comes to the in-house team, flexibility is a significant concern. It’s because the company is having difficulty scaling their team and making changes to their technology stack to conform to the project scope and stage.
On the other hand, such changes are expected in any startup environment. Outsourcing software developers are easily moved between projects and are highly flexible, especially when working with them through a web development shop.
Gain access to a larger talent pool.
One of the primary benefits of outsourcing is that it provides you with access to a larger pool of talent. It isn’t easy to find high-quality developers in countries such as the United States and Western Europe. So most companies are choosing remote employee India.
It’s because the tech behemoths have already hired the best developers, providing them with benefits, huge packages, appealing perks, job security, and a sense of security.
Working in a startup, on the other hand, entails risks. On the other hand, outsourcing allows you to hire an extremely skilled and capable developer from Asia or Eastern Europe who would be delighted to join a startup.
Checklist for Hiring Offshore Developers
So now you are going to explore the checklist to hire the best talent in the development field. Follow this checklist before hiring an offshore development team to recognize the characteristics of a perfect offshore team.
- Define your company’s objectives clearly.
- Determine the skill set needed for the project.
- Make a budget.
- Look into their track record.
- Ascertain that you have access to the most recent code.
- Request the workflow of the outsourcing company.
- Reject the cheapest bids.
- Avoid using fixed-price payment models.
Now let’s discuss all these points for hiring an offshore development team for your company one by one.
Define your company’s objectives clearly.
The first step is to define the set of problems that you hope to solve with the assistance of your initial MVP. This is important because you will need to explain those issues to the developers you hire. You must identify the primary goal of your product. You can also divide it into smaller, measurable milestones and assign deadlines to each one.
Determine the skill set needed for the project.
Following the definition of the business goals, the next step is to identify the expertise, technology stack, and skills required for the project. You must also define the roles needed for the projects, such as whether you only require developers, QAs, business analysts, and project managers.
Make a budget.
The budget is the most crucial factor because it determines the fate of an organization. As a result, you must exercise extreme caution when planning it. To begin, you must determine the size of your initial capital. Furthermore, you must identify the areas where you can save a significant amount of money. When you’re finished, find the investors to whom you’ll show your MVP ahead of time.
Look into their track record.
Look up the developers or team’s proven track record on websites like Clutch or on their LinkedIn profile to see who their previous clients are. You can also ask their previous clients if they would recommend that developer or team.
Ascertain that you have access to the most recent code.
In the worst-case scenario, the developer may refuse to release the code due to a personal disagreement. It is recommended to have access to the code in order to avoid such a situation. It must be one of the requirements for any developer or team to work on your project. Furthermore, you must be the administrator of all accounts, including clouds, Github, and other platforms.
Request the workflow of the outsourcing company.
It is critical to request that the company’s workflow be outsourced. You can learn how they interact with their clients or how they allocate their resources for projects. You can also inquire about their flexibility, i.e., whether they can increase the number of resources while the project is ongoing. There is a chance that the company’s workflow will not meet your requirements. As a result, you must find out before hiring the team.
Reject the cheapest bids.
Instead of focusing on low-cost quotes, you should prioritize cost-effective rates. If you choose low rates, you may end up paying a large sum of money at the end of the project because you will have to rewrite the poorly written codes.
Avoid using fixed-price payment models.
You should avoid the fixed-price payment model because it includes a minimum of 25% in additional costs for risk coverage. Instead of a fixed price payment, you should use the time and material model because it allows for more flexibility in your project.
Conclusion
In this article, we discussed various ideas of hiring an offshore development team and discovered why it is the best option for businesses. We hope this checklist helps you someway find the right This method allows the owners to save time and money while receiving the highest-quality MVP.
Happy Developing!
