“If you want to go fast, go alone. If you want to go far, go together.” -- African Proverb.
Our choices on how we assemble our staff to perform a certain job is always a matter of preference.
Some of us prefer to work with project-based freelancers, while others prefer to hire permanent ones that can work and adapt to the company culture and be optimistic about the long-term benefits.
Gone are the days when relying on local talent was the only option; where the idea was to put individuals behind desks in an office and believe that to be efficient.
In the past decade, the gig economy has grown tremendously.
According to industry analysts, out of the estimated 3.5 billion global workforce, ⅓ of them are freelancers. And this number is rapidly growing with the rising trends in technology enabling more and more people to work remotely.
However, even with the growing number of freelancers, assembling them to work collaboratively is still a challenge.
Apart from the differences in cultures, time zones, work ethics, and others, having them work collectively has proven to be very difficult.
So how do we solve this problem? Hire a team instead!
Let’s look at the 5 reasons why working with a team is good for you and your business.
1. High diversity and Inclusiveness
The value gained from having a team comes from bringing a wider variety of minds and ideas together to achieve one common goal: to satisfy the customers.
This idea of having a diverse offshore team can provide insights that you might have missed or access to a demographic that hasn't been considered during a given project's life cycle.
2. Increased productivity levels
There's only so much one person can accomplish in a day. By elevating your business with an outsourced team when the workload becomes heavier, you can increase the overall productivity level of your company.
Think of it as baking a cake, where the right ingredients (team members) need to be gathered and put together. An empowered team is a well-mixed batter and your company becomes a well-baked cake.
3. Less employee absenteeism
Commute delays, sick days, and overall absenteeism nearly disappear when working with a team.
One of the major benefits of outsourcing a team is that payments are based on agreed milestones or deliverables of a project.
The best part? You can set it yourself and scout for teams that can guarantee results on those milestones since they are now responsible for their schedules and get paid only for the work completed.
4. No or limited training costs
When finding the right team, you want to look for one with experience in the industry.
Hiring an outsourced, project-based team from Mangtas makes it possible to find a highly skilled team already proficient in your industry since the talent pool has effectively increased.
The training associated with hiring a team should be minimal at best. They may take a little time to get integrated into the company and the various processes used for the workflow or communication in your business but the work-related training should be close to non-existent.
Eliminating one of the biggest expenses of traditional hiring would certainly be a benefit to the company budget.
5. Save on the cost of office space and equipment
We all know how renting out an office space is costly and so is furnishing it with the right equipment, technology, and furniture.
An outsourced team will typically have and provide for their equipment and their own office space.
When working with a team, collaboration is less of a struggle and more of a given.
Harnessing that collective strength requires a long-term investment of time and camaraderie that enables a team to achieve great results.
This, together with the financial benefits you can take advantage of, outsourcing team is a practical approach to start or scale your business.
Reach out to Mangtas to find the best team for you!