A Cost-Benefit Analysis of Hiring Offshore Developers
This article undertakes an analysis of successful strategies that can be implemented in current operational environments to achieve competitive advantage and lower costs. Although, one method that has become popular in the past few years is hiring offshore developers, sourcing global talent and moving to remote work are gateways to the company's new growth opportunities. However, the choice to engage offshore engineers or establish a dedicated remote development team necessitates a rigorous cost-benefit analysis. Here, we examine the major points one can focus on when analyzing the advantages and disadvantages of this approach. The elements influencing the cost of hiring offshore developers When it comes to hiring offshore developers or establishing a dedicated remote dev team, several pricing factors may arise. Here are the pricing factors that can make your business decisions easy: Compensation and benefits : Offshore developers typically expect lower wages than developers in