How Cost Effective Offshore Outsourcing Really Is

4 Feb 2019

Without question, offshore outsourcing is one of the most cost-effective business strategies. Many companies in Australia, North America, and Canada are currently practising this strategy, and we can see how they reap its benefits. Let us take a closer look at how much your business will save when you decide to offshore these specific roles to the Philippines. Doing so does not reduce the quality of work that comes along with it.

Let’s take a look at some key roles a company can offshore, and how it compares to hiring locally.

Optimize Your Online Presence

Diversify Offshore Web Developer

Many businesses today rely on having a fully functional and user-friendly website as their first point of contact with many potential clients. Issues with a company’s website can create negative perceptions of any business, even if they are unwarranted. The expertise of an experienced web developer can help businesses manage their online presence. Because of their high demand, experienced web developers in Australia often require a salary of more than $90,000 per year. You can get the same level of work, commitment and productivity from a Philippine-based web developer for about two thirds the cost at $30,000 annually.

Extend Your Market Reach

Diversify Offshore Digital Marketing Specialist

With the continuing development of technologies, Digital Marketing Specialists are a vital part of any business to build brand awareness and reach potential clients. They have a finger on the pulse and guide companies as they adapt to new business trends. In Australia, hiring a Digital Marketing Specialist at a senior level could cost more than $90,000 per year excluding fixed costs associated. In the Philippines, a talented offshore Digital Marketing Specialist has an annual salary of around $25,000.

Build Brand Loyalty Through Experience

Offshore Customer Support Services

Customer Service Representatives are at the frontline of your clients after sales experience. They are responsible for how people perceive your business and can shape your company image through their actions. Having an experienced customer service representative can help build a good and reliable after sales experience with your clients that will eventually lead to brand loyalty. An experienced customer service representative in Australia would mean a salary of about $60,000 a year. Companies that looked for the same, experienced role in the Philippines saw they could get an accomplished customer service representative for about $ 25,000 per year.

Continuously Grow Your Business

Diversify Offshore Accounting Roles

Having an accountant to keep all finances in check is a necessary role that many businesses should have. They provide significant financial expertise that will help your business grow. In Australia, a senior level accountant could command a salary of more than $55,000 per year. Compare this to around $20,000 annually for an offshore Accountant in the Philippines.

Not Just A Cost-Effective Strategy

Amidst these cost-effective measures, it should be made clear that this is not the only reason to consider an offshore outsourcing strategy. The talent and skill coming from the Philippines is irreplaceable and one that we believe all companies should harness. Diversify sees first-hand how its clients develop strong working relationships with their Filipinos colleagues, regardless of the roles they want to offshore. They see what makes the Philippine workforce a vital part to their business.

Companies that commit to offshore outsourcing do not do it just because it is a less costly approach. They see the real value and potential in the people they choose to join their company.

Is Offshore Outsourcing For Your Business?

Many businesses are still undecided when it comes to offshoring in the Philippines. While it’s great to get an idea of the advantages that offshore outsourcing can bring, the critical question is who will provide these benefits? Choosing the right offshoring provider will make or break your offshoring success that is why when you are looking for the right service provider, select a provider that will not only partner with you but will also help collaborate with you solutions that will help you reach your long term goals.

Recommended Articles:

  1. Outsourcing Marketing: Five Functions to Consider
  2. Five Finance Functions You Can Effectively Outsource
  3. How Outsourcing Can Help You Create a Branded Customer Experience
  4. Manila’s Status as an Outsourcing Destination

Diversify Offshore Staffing Solutions has successfully partnered with different businesses from Australia, North America, and Canada and is currently providing more than 650 staff to top companies across all industries. If you wish to start your offshore journey with us, feel free to contact us today.