Pros and Cons of outsourcing
Outsourcing is one of the most interesting topics for businesses today. considering outsourcing one or more tasks as it’s the best of two worlds of low cost and high quality
When you make the decision to outsource one of your services, its essential to understand all the pros and cons.
Pros of outsourcing
Identifying the benefits of outsourcing will help you decide if this is something that could work for your busines.
1- You don’t have to hire more employeeS
When you hire an outsourcing company, you pay them as a contractor which helps you cut all employees expenses such as benefits and training.
2- Access to a larger professional networks
Your access to talent is limited to only your local applicants, However outsourcing grants you access to a larger talent pool.
3- Lower labor Cost.
Chasing lower labor cost has been a common cause for companies to outsource, when you choose the right outsourcing company you get the best of two worlds as you wont have to trade quality for price.
Cons of outsourcing
Despite the many benefits of outsourcing, you may experience drawbacks
1-Lack of control
Since the person is not working on site it may be difficult to sustain the level of control even if you provide direction in regards to your accomplishments.
Its often hard to follow up with your contractor, due to different schedules, this can be due to different time zones and lack of follow up skills.