5 Team Augmentation Benefits for Tech Companies
The shift to remote and hybrid setups has challenged traditional notions of productivity. With increased digitization, businesses are increasingly embracing outstaffing benefits through team augmentation.
According to a survey conducted by Gartner in 2022, 82% of organizations plan to adopt a hybrid work model. This signifies the growing acceptance of the benefits of flexible work arrangements.
Furthermore, a report by McKinsey revealed 87% of executives believe blended workforce is the new norm. This shift underscores the importance of outstaffing in creating agile and adaptable workforces. But what exactly is outstaffing, and what are its benefits? This article will delve into these questions.
Outstaffing 101: A quick review
Outstaffing is commonly known in the IT industry as team augmentation. This involves hiring remote tech talents as part of an organization's in-house staff. In this model, a vendor is responsible for screening, training, and managing these tech talents, while the client oversees their day-to-day productivity.
In IT outstaffing, the client and vendor form a partnership. The vendor handles various functions such as recruitment, onboarding, payroll, and statutory compliance, allowing the client to access skilled tech resources from around the world at a more cost-effective rate.
5 Key Team Augmentation Benefits for Tech Companies
Access to High-quality Senior Tech Talent
One of the most significant benefits of team augmentation is the ability to quickly tap into a vast pool of senior tech talent. Companies can identify and hire the right experts based on their project needs, budget, and timeline, with the support of a reputable outstaffing partner. This model ensures that tech companies have access to the best talent available without geographical limitations.
Scalability and Flexibility
Team augmentation offers tech companies, especially SMEs, the scalability and flexibility to adjust their workforce based on project demands. This adaptability is crucial in today's fast-paced market. By collaborating with a trusted IT staff augmentation provider, businesses can efficiently upscale or downscale their teams, ensuring that they meet market demands and remain competitive.
Increased Efficiency and Focus
Companies are allowed to focus on their core business activities by leveraging the expertise of skilled tech professionals. This approach leads to increased efficiency and a quicker time-to-market. By ensuring smooth onboarding and integration processes, outstaffing vendors help companies avoid delays and maintain focus on critical business objectives.
Enhanced Control and Risk Management
Team augmentation provides greater control over project execution compared to traditional outsourcing. This model allows businesses to maintain oversight of senior developers and other tech resources, ensuring that all work aligns with their standards and objectives. The ability to directly manage resources reduces risks associated with project delivery.
Cost-effective solutions
Cost savings are a major outstaffing benefit. By reducing recruitment, HR, and overhead costs, outstaffing enables companies to access top talent at a fraction of the cost. The vendor typically covers expenses related to onboarding, equipment, and software, making it a financially viable option for companies of all sizes.
Moving ahead: starting your staff augmentation journey
Deciding to expand your team with external talent depends on the specific goals and needs of your tech company. If your project requires specialized skills, integrating additional experts through an augmentation model can be an ideal solution. Many tech companies have successfully embraced this approach, especially in the Philippines, where there is a significant pool of senior tech professionals who can work according to client specifications.
The Philippines stands out as an attractive destination for augmenting teams due to its strong English proficiency and ability to operate within US time zones. Partnering with companies like Dev Partners allows US businesses to access fully-vetted, talented Filipino professionals at competitive rates, ensuring that various needs and demands are met.
To explore how staff augmentation model can benefit your business and help you achieve your goals, contact us today and claim your free trial.