Companies no longer need to be concerned with the quality of work dipping after hiring an offshore team. Offshoring’s impact on a business shows a strategy that compliments the local workforce and no loss of local jobs as a result.
Offshoring’s impact on the local workforce
In a report detailing the state of offshoring in Australia, 48.6% of the respondents said that offshoring had no impact on their operations. The respondents also reported that no local jobs were lost in the process.
It was initially perceived that offshoring certain tasks would bring about redundancy in employees. However, offshoring process and labour intensive tasks in turn opened up many new opportunities for companies to explore. With an offshore team in place, they were able allocate more local employees for key strategic initiatives in order to deliver more value.
Growth has also become a factor for companies that have adapted offshoring. With local hiring not being impacted as initially perceived, companies were able to put more focus on the development of key roles. By assigning their back office roles to an offshore team, they were able to reduce their costs without any increase to their overhead.
A Team Like Any Other
Ultimately, an offshore team acts like an extension of your local workforce. They are given the same priority and resources to perform their functions at a high level. With proper onboarding and training in place, they become a key part of any company without any rising additional costs.
Want to learn more about offshoring’s impact? Download the report on the State of Offshoring in Australia today.