In the post-pandemic world of today, with remote working becoming the norm in companies all around the world and also in the midst of an economic recession in high-paying regions such as the US, UK, and Europe, hiring remotely from overseas has become a great strategy for expanding your staff with a lower cost.
Staff Augmentation stands as one of the prime alternatives when it comes to greatly improving a firm’s capacity to plan and develop a project quickly and in a financially viable way.
In this article, we will talk about what is staff augmentation, why it is so relevant, its pros and cons, how to start applying it at your company.
What is Staff Augmentation?
Staff augmentation is an outsourcing strategy to use another company’s staff temporarily to enhance its capabilities.
This model is particularly useful to:
- big companies that plan on building a highly-skilled team overseas but don’t want to get into the bureaucracy needed to hire someone full-time
- firms that have one-off projects of great priority but still need vetted workers in technical areas, such as software development
Like we’ve said before, with the current economic state worldwide in 2022, many companies have to hire a highly-skilled team in a more financially stable way.
Latin America is one of the top destinations for companies in North America (the United States and Canada) and Europe looking to hire highly-skilled workers at a lower cost without the burden of timezone differences.
Phenomenons such as the developer shortage and the rise of tech salaries in regions like the US also greatly increase the need to try new strategies when recruiting such as regular nearshoring and staff augmentation.
The pros and cons of staff augmentation
Even with all its pros, Staff Augmentation can be a poor fit to specific companies depending on their expectations and needs.
Here, we list out a few pros and cons of implementing staff augmentation vs. other recruiting strategies like hiring full-time employees and contractors (nearshoring).
- Saves you (and your recruiting team) a lot of time
- Can help you scale your staff quickly
- Great talent pool of vetted talent when choosing the right partner
- A lot less bureaucracy with contracts and allocation of talent
- New team members can take a bit to hit the ground running
- Onboarding time
- Not ideal for very long-term purposes
How can your company start Staff Augmentation?
The quickest way to start implementing it is to find a company that can help you on finding the right talent and allocate them to your company.
GeekHunter is a company trusted by firms all around the world on their tech hirings, be it software developers, QA testers, UX/UI designers, data analysts, and product managers.
We have over 7 years of experience in finding the right vetted talent for companies, either through sourcing or with the help of our digital platform.
If you’re interested in getting to know more about how we can help you implement staff augmentation the right way and get your first results quickly, contact us by filling out this form.