Prestige Offshore Staffing Solutions https://prestigeintl.co/ Dedicated Remote Teams Thu, 23 Nov 2023 11:34:48 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.3 https://i0.wp.com/prestigeintl.co/wp-content/uploads/2022/07/cropped-site-icon-1.png?fit=32%2C32&ssl=1 Prestige Offshore Staffing Solutions https://prestigeintl.co/ 32 32 196453234 How Remote Work Is Changing the Way We Work: Pros, Cons, and Tips https://prestigeintl.co/how-remote-work-changing-way-we-work-pros-cons-and-tips/ https://prestigeintl.co/how-remote-work-changing-way-we-work-pros-cons-and-tips/#respond Tue, 14 Nov 2023 11:27:04 +0000 https://prestigeintl.co/?p=8217 Remote work has been gaining popularity in recent years, especially since the COVID-19 pandemic forced many businesses to adopt this model to ensure the safety and continuity of their operations. But what are the benefits and challenges of remote work for both employers and employees? And what are the trends and best practices that can help make remote work more effective and sustainable? In this blog post, we will explore these questions and provide some insights based on the latest research and statistics.

The post How Remote Work Is Changing the Way We Work: Pros, Cons, and Tips appeared first on Prestige Offshore Staffing Solutions.

]]>

Remote work has been gaining popularity in recent years, especially since the COVID-19 pandemic forced many businesses to adopt this model to ensure the safety and continuity of their operations. According to a report by Statista, 12.7% of full-time employees in the U.S. work from home, while 28.2% work a hybrid model that combines both home and in-office working. Moreover, by 2025, an estimated 32.6 million Americans will be working remotely, which equates to about 22% of the workforce.

But what are the benefits and challenges of remote work for both employers and employees? And what are the trends and best practices that can help make remote work more effective and sustainable? In this blog post, we will explore these questions and provide some insights based on the latest research and statistics.

The Benefits of Remote Work

Remote work offers many advantages for both employers and employees, such as:

Increased productivity and performance:

Remote workers are an average of 35-40% more productive than their office counterparts and have measured an output increase of at least 4.4%. Remote workers also tend to have higher levels of engagement, satisfaction, and retention, which can improve the quality and efficiency of their work.

Reduced costs and environmental impact:

Remote work can save employers money on real estate, utilities, travel, and other expenses associated with maintaining a physical office. For example, a study by Global Workplace Analytics estimated that employers can save an average of $11,000 per year for each employee who works remotely half of the time. Remote work can also reduce greenhouse gas emissions and traffic congestion by decreasing the need for commuting and business travel.

Enhanced flexibility and work-life balance:

Remote work allows employees to have more control over their schedules, work environments, and personal lives. Remote workers can choose when, where, and how they work, as long as they meet their deadlines and goals. This can help them achieve a better balance between their professional and personal responsibilities, as well as reduce stress and improve their health and well-being.

Expanded talent pool and diversity:

Remote work enables employers to access a wider and more diverse range of talent, regardless of their location, time zone, or background. Remote work can also help employers attract and retain employees who value flexibility, autonomy, and mobility, such as millennials, parents, caregivers, freelancers, and digital nomads.

The Challenges of Remote Work

Despite its benefits, remote work also poses some challenges for both employers and employees, such as:

Communication and collaboration difficulties:

Remote work can make it harder for employees to communicate and collaborate with their colleagues, managers, and clients, especially if they work across different locations, time zones, or cultures. Remote workers may also experience a lack of feedback, recognition, and support from their supervisors and peers, which can affect their motivation and performance.

Isolation and detachment:

Remote work can create a sense of isolation and detachment for employees who work alone or away from their teams. Remote workers may feel lonely, disconnected, or alienated from their organizational culture and values, which can lower their morale and engagement.

Distractions and interruptions:

Remote work can expose employees to various distractions and interruptions at home, such as family members, pets, household chores, or personal issues. Remote workers may also have to deal with technical issues, such as unreliable internet connection, outdated software, or incompatible devices, which can disrupt their workflow and productivity.

Boundaries and expectations:

Remote work can blur the boundaries and expectations between work and life, making it difficult for employees to separate their professional and personal roles and responsibilities. Remote workers may struggle to establish a clear and consistent work routine, manage their time and tasks, and set limits on their availability and accessibility. This can lead to overwork, burnout, or work-life conflict.

The Trends and Best Practices of Remote Work

To overcome the challenges and maximize the benefits of remote work, both employers and employees need to adopt some trends and best practices, such as:

Investing in technology and security:

Remote work requires reliable and secure technology and infrastructure to facilitate communication, collaboration, and data protection. Employers need to provide their remote workers with the necessary tools and equipment, such as laptops, smartphones, VPNs, cloud services, and collaboration software, to enable them to work effectively and safely from anywhere. Employees need to follow the best practices and policies for cyber security, such as using strong passwords, updating their software, and avoiding public Wi-Fi, to prevent data breaches and cyberattacks.

Establishing clear and frequent communication:

Remote work requires clear and frequent communication to ensure alignment, coordination, and accountability among remote workers and their teams. Employers need to set clear and realistic goals, expectations, and feedback mechanisms for their remote workers, and communicate them regularly and transparently. Employees need to communicate their progress, challenges, and needs to their managers and colleagues, and use various channels and methods, such as email, phone, video, chat, and social media, to stay connected and engaged.

Creating a supportive and inclusive culture:

Remote work requires a supportive and inclusive culture that fosters trust, respect, and belonging among remote workers and their organizations. Employers need to recognize and reward the contributions and achievements of their remote workers and provide them with the resources and opportunities for learning development, and career growth. Employees need to participate and contribute to the organizational culture and values, and build and maintain positive and meaningful relationships with their co-workers and clients.

Promoting flexibility and balance:

Remote work requires flexibility and balance to accommodate the diverse and dynamic needs and preferences of remote workers and their organizations. Employers need to offer and respect the autonomy and choices of their remote workers and allow them to adjust their schedules, work environments, and work styles, as long as they deliver the expected results. Employees need to establish and maintain a healthy and productive work routine, and set boundaries and priorities between their work and life, to avoid overwork, burnout, or work-life conflict.

Conclusion

Remote work is a work arrangement that offers many benefits and challenges for both employers and employees. Remote work can increase productivity and performance, reduce costs and environmental impact, enhance flexibility and work-life balance, and expand talent pool and diversity. However, remote work can also create communication and collaboration difficulties, isolation and detachment, distractions and interruptions, and boundaries and expectations issues. To overcome these challenges and maximize these benefits, both employers and employees need to invest in technology and security, establish clear and frequent communication, create a supportive and inclusive culture, and promote flexibility and balance. Remote work is not a one-size-fits-all solution, but a flexible and adaptable option that can suit different situations and preferences. Remote work is not a temporary phenomenon, but a lasting trend that can shape the future of work.

The post How Remote Work Is Changing the Way We Work: Pros, Cons, and Tips appeared first on Prestige Offshore Staffing Solutions.

]]>
https://prestigeintl.co/how-remote-work-changing-way-we-work-pros-cons-and-tips/feed/ 0 8217
Prestige International Becomes Prestige Offshore Staffing Solutions (Pvt.) Ltd. https://prestigeintl.co/prestige-international-becomes-prestige-offshore-staffing-solutions-pvt-ltd/ Tue, 03 Jan 2023 12:51:08 +0000 https://prestigeintl.co/?p=7965 Islamabad, PAK —Prestige International is proud to announce that we have officially changed our company name to Prestige Offshore Staffing Solutions (Pvt.) Ltd. This new name reflects our focus on providing top-quality staffing solutions to clients in a variety of industries. Our team is dedicated to delivering exceptional service and we are excited to embark […]

The post Prestige International Becomes Prestige Offshore Staffing Solutions (Pvt.) Ltd. appeared first on Prestige Offshore Staffing Solutions.

]]>


Islamabad, PAK —Prestige International is proud to announce that we have officially changed our company name to Prestige Offshore Staffing Solutions (Pvt.) Ltd. This new name reflects our focus on providing top-quality staffing solutions to clients in a variety of industries.

Our team is dedicated to delivering exceptional service and we are excited to embark on this new chapter under our new name. We believe that Prestige Offshore Staffing Solutions (Pvt.) Ltd. better represents the scope of our services and our commitment to meeting the needs of our clients.

Prestige Offshore Staffing Solutions (Pvt.) Ltd. is committed to providing the same level of service, quality, and expertise that customers have come to expect from Prestige International. The company’s experienced and knowledgeable staff will continue to provide staffing solutions to a global customer base.

The new name reflects the company’s commitment to offering a comprehensive range of services that include offshore staffing and recruitment, training, and other professional services. The company will continue to provide the same high level of customer service, flexibility, and responsiveness that have become the hallmark of Prestige International.

We would like to thank our valued clients and partners for their support and look forward to continuing to work with you under our new name. Please note that while our name has changed, our dedication to providing the highest level of service has not.

The post Prestige International Becomes Prestige Offshore Staffing Solutions (Pvt.) Ltd. appeared first on Prestige Offshore Staffing Solutions.

]]>
7965
The Progression and Rise of Remote Work https://prestigeintl.co/the-progression-and-rise-of-remote-work/ https://prestigeintl.co/the-progression-and-rise-of-remote-work/#respond Thu, 29 Sep 2022 13:18:33 +0000 https://prestigeintl.co/?p=7832 If we are to properly analyze the progress of work in general, then that’ll go as back as the 18th century when the Industrial Revolution took place. This gave the US factory workers, and eventually, work evolved to put employees in a cramped cubicle space and that became the ‘norm work’ for most of the […]

The post The Progression and Rise of Remote Work appeared first on Prestige Offshore Staffing Solutions.

]]>

If we are to properly analyze the progress of work in general, then that’ll go as back as the 18th century when the Industrial Revolution took place. This gave the US factory workers, and eventually, work evolved to put employees in a cramped cubicle space and that became the ‘norm work’ for most of the 20th century. With the technological revolution came endless options and possibilities, bringing with it Wi-Fi that enabled work communication through Zoom calls and Google Meet correspondence.

Further advancements in technology in the Digital Era, came improvements that have increasingly connected us to one another and this has effectively changed the way we work as well. The popularity of remote work has increased tenfold in recent years and yet, working from home is far from a new concept.

As early as the 2000s

Remote work, also known as telecommuting, has existed since the early 2000s. The U.S Federal government has been requiring employees to work from home since precisely 2001 – this was a means to cut down on traffic, lower pollution, and make certain that federal employees are available in the event of crises or emergencies. Remote work would ensure less time spent on travel, which also translated to fewer vehicles on the road, which meant overall less pollution, and this would garner a lot of support from the green movement. By 2000, the Department of Transportation and Related Agencies Appropriations Act legitimized remote workers and made it mandatory for companies to have telecommuting policies under certain circumstances.

In just a handful of years, by 2017, a study found that 43% of employees work remotely with some frequency.

Countries worldwide seem to be tipping in favor of working from home, especially in the recent years after the COVID pandemic; during which most companies had to resort to facilitating remote working environments and conditions. Many reports and studies also confirm and show the Coronavirus pandemic has had a lasting impact on how work is conducted. It is now a viable alternative to the physical workplace.

  • At least 54% of people prefer remote work as a permanent option and actively seek roles that allow it.
  • Nearly 49% of employers and companies are trying to improve the remote work experience for their employees, as they view this as a long-term necessity.

Advances in computers ensure that almost everyone has the ability to use portable devices, and they have increasingly done so, with the eventual evolution of tablets and smartphones. Thanks to Wi-Fi, these devices can connect anywhere else in the world that also has internet access, allowing people to work from anywhere, at any time.

Rise of Team Collaborative Tools

Team collaboration tools like Slack, Skype, and Discord, along with many other project management tools like Asana and Trello have given business owners and employers easy access which allows them to communicate and manage their teams more efficiently, regardless of where they are. Video conferencing and online meetings are an added step that provides everyone involved with a much smoother process while staying connected online – hence all this technology allows people to now work from anywhere. As they say, the world is your oyster!

The growing popularity of remote work is not temporary and with the way the world is adjusting and favoring remote work, there’s an inevitability to it. This has only accelerated with the pandemic in 2020, and 2022 studies show that most career paths will now contain some form of remote work in the future.

Remote Work Creates Better Results – Stats don’t lie

Worker retention, now more than ever, hinges on allowing flexible hours and the ability to work remotely — at least, some of the time, if not all. Remote workers are far more engaged than those that show up in an office, at a regulated time, five days a week. In fact, those who spend 60% to 80% of their hours working remotely over the course of just three or four days in a week, are far more engaged than those who spend all their time on-site.

Statistics also show that most people that have switched to remote work rarely even consider returning to a 9-to-5-job working schedule. 90% of remote workers intend to continue to work remotely for the remainder of their careers and they’re more than happy to recommend such a lifestyle to others, as it comes with many benefits and flexibility. Needless to say, these statistics give us an insight into how the workforce has adapted to remote work.

  • 73% have confessed that they wanted flexible remote work to stay long-term (as indicated by Microsoft’s Work Trend Index survey).
  • 83% of employers say the shift to remote work has indeed been successful for their business.

If the employers and the employees are on the same page, the math is even harder to ignore!

The Exceptions

Despite the stats, there are some countries and companies that are still on the fence about this and have actively resisted this work trend for many reasons. A common concern for most business owners is the fear of a lack of productivity in their employees, while others haven’t invested in teleconferencing and tech to support such remote working conditions, so it’s harder for them to adapt. Still, many other businesses have dipped their toes into the remote workforce by creating a work-from-home policy for just a couple of days in a week, for a few employees.

And yet, we see working groups thrive in companies that encourage a more trusting culture, with an inclusive work environment, and purposeful, regular communication – all of which are possible in a remote working environment. While the desire and expectation of working remotely increase significantly every year among the workforce, companies are only slowly adopting more remote-friendly policies, making it harder for changes and adjustments along the way.

On the other hand, adopting a remote working policy can save companies money by removing the need for expensive office spaces, allowing workers the freedom to create their own schedules and work from wherever they please.

It genuinely is a win-win situation!

The Future

The transition to managing and coordinating a remote workforce may be challenging and daunting, but with the right kind of tech and employee-employer coordination, the process is worthwhile in a long-term scenario.

In the long run, fighting this kind of change may actually do more harm than good! Many employees now expect remote work opportunities and flexiblitiy in working hours, and with the right training and practice, businesses can stand to see profits and an increase in employee productivity.

As Alex Turnbull, Founder, and CEO of Groove (a customer support app for startups and small businesses), puts it:

“Successfully working from home is a skill, just like programming, designing, or writing.”

On a final note, we’d like to share 2022 study results, by Buffer, which proudly proclaims itself as ‘The Tech Company with No Office’ shared 2022 studies that indicated 99% of current remote workers would prefer to work remotely, for the rest of their careers. That is nine points higher than the figure from the same survey they conducted in the year 2021.

The post The Progression and Rise of Remote Work appeared first on Prestige Offshore Staffing Solutions.

]]>
https://prestigeintl.co/the-progression-and-rise-of-remote-work/feed/ 0 7832
Why Brands Should Consider Outsourcing Customer Service? https://prestigeintl.co/why-brands-should-consider-outsourcing-customer-service/ https://prestigeintl.co/why-brands-should-consider-outsourcing-customer-service/#respond Wed, 31 Aug 2022 13:38:42 +0000 https://prestigeintl.co/?p=7520 Customer service is essential to all businesses and brands, as good customer service can influence long-term customers and improve an overall service experience. This could make or break your brand’s image and narrative – since a customer support team is in direct contact with clients; hence acting as a representative of the brand and what […]

The post Why Brands Should Consider Outsourcing Customer Service? appeared first on Prestige Offshore Staffing Solutions.

]]>

Customer service is essential to all businesses and brands, as good customer service can influence long-term customers and improve an overall service experience. This could make or break your brand’s image and narrative – since a customer support team is in direct contact with clients; hence acting as a representative of the brand and what it stands for. Studies also indicate that 96% of customers or clients say that this service is important in their choice of loyalty to a brand!

While it is quite apparent that this is an important aspect of a brand, let’s dive into why we recommend outsourcing it. 

What is outsourced customer service?

Outsourced customer service means that an enterprise is utilizing a third-party provider and makes use of its agents, to handle all the inbound and outbound calls and means of communication with customers.

For businesses, outsourcing customer service is not necessarily about cutting corners – it’s also about offering the best possible level of service to fulfill customer service needs! After all, positive experiences are the ones that drive loyalty and improve overall brand reputation.

Why should you outsource customer service?

Outsourcing your customer/client service team, particularly to an offshore location, translates to cost-efficient solutions without compromising on high-quality results! In the digital age, there’s been a massive increase in globalization and many cultural and lifestyle boundaries have shrunk, making it much easier to find talented individuals who can relate to your customers, no matter where they are! Furthermore, companies that do outsource customer service to another country also broaden their customer base by adding more language options than just English – creating a diverse environment, one that your clients and customers would appreciate.

Offshore outsourcing solutions are a win-win for expanding customer support for after-hour schedules, offering support in multiple languages, and diversifying your customer service team.

Not to mention, having customer service coverage of 24 hours all days of the week has huge advantages! Studies show that 52% of customers aren’t willing to conduct business with a company that neglects them at just one time! That’s a pretty high bar to get over, but if you’re not available to answer certain questions and concerns, your potential clients become someone else’s!

So, to summarize, some of the major benefits of outsourcing customer service are:

  • Cost savings
  • More coverage; 24/7
  • Diverse language options
  • Potentially shorter response times
  • Better technology, equipment, and resources
How to outsource customer service?

Delegating your customer care to an outsourced agency can cut overheads significantly, saving you time, money, and resources, no doubt, but it’s not a one-size-fits-all solution. That’s why the options need to be weighed carefully, especially when an external company could be directly interacting with your customers.

The key to achieving the best-outsourced customer service is to be open to assessing new and innovative service providers – one such option would be to look offshore. It is crucial and smarter, in the long term, to choose a partner that understands the demands of the customer and is genuinely also invested in your own business’s growth.

There are several countries that have an abundance of talent for the right price, which makes them great options for outsourcing! Some common locations for international outsourcing include the Philippines, Mexico, and Pakistan.

The biggest thing to consider, however, when choosing an outsourcing location is analyzing what your business’s needs are. For instance, if you require customer service agents who specifically speak European languages, you may need to outsource to Europe. Likewise, when looking for agencies who speak English and do provide services in said language, locations like the Philippines and Pakistan could be a great fit!

The country of Pakistan has millions of professionally trained individuals who not only actively contribute to completing your tasks and meeting your business goals but, who speaks fluent English with a very limited accent. In addition to this, the country is an excellent choice if you’re ultimately aiming to build a 24/7 operation!

Happy Clients and Customers!

Outsourcing your customer service ensures that your customers are put at a priority and that they receive the help they need when they need it. This will have a positive effect, and make them happier! As Shep Hyken, a Customer Service Expert, says, “There is a big difference between a satisfied customer and a loyal customer. Never settle for ‘satisfied’.”

The post Why Brands Should Consider Outsourcing Customer Service? appeared first on Prestige Offshore Staffing Solutions.

]]>
https://prestigeintl.co/why-brands-should-consider-outsourcing-customer-service/feed/ 0 7520
5 Undeniable Reasons Why Businesses Should Start Outsourcing https://prestigeintl.co/why-are-businesses-turning-or-should-be-turning-to-outsource/ https://prestigeintl.co/why-are-businesses-turning-or-should-be-turning-to-outsource/#respond Tue, 26 Jul 2022 16:28:41 +0000 https://prestigeintl.co/beta/?p=7299 Now more than ever, a lot of business owners are struggling to achieve their business goals and will take on the burdens and more responsibilities themselves. Finding help while maintaining process optimization and profitability is a complicated process with detailed steps – which is why many are considering or have already switched to outsourcing. Outsourcing […]

The post 5 Undeniable Reasons Why Businesses Should Start Outsourcing appeared first on Prestige Offshore Staffing Solutions.

]]>

Now more than ever, a lot of business owners are struggling to achieve their business goals and will take on the burdens and more responsibilities themselves. Finding help while maintaining process optimization and profitability is a complicated process with detailed steps – which is why many are considering or have already switched to outsourcing.

Outsourcing is the most sensible solution to numerous business problems. Whatever these problems or objectives may be, below are some of the most common reasons why companies are turning to outsourcing, and in particular, outsourcing offshore. 

1. Cutting Down Cost

Cost saving is the biggest reason companies outsource! With the market getting more and more competitive and saturated in this digital era, businesses are looking for ways to cut down operating costs while also maintaining their business values.

With the option of outsourcing, business owners now have multiple regions across the globe that provide highly skilled talent but at a fraction of the cost! This combined with the convenience of digital access, it’s not hard to understand why outsourcing is shaping up to be a key part of most business strategies moving forward.

2. New Venture with Minimal Cost Risks

Outsourcing enables businesses to experiment and expand, building on newer strategies without any of the high-risk costs associated with in-house programs. Areas such as sales, service, or even a new product release can now be facilitated without the rising costs of resources or infrastructure.

3. Maximizing Your Time

Money is not the only resource that is freed up when business owners turn to outsourcing. With a lot of the duties and responsibilities shifted elsewhere, there is more time on your plate that can be invested in focusing on aspects of your business that were being neglected before!

When non-core functions of the business such as payroll, finance, and accounting, lead generation, customer experience, back office, etc. are being managed by someone else working for your business through outsourcing, the business’ key resources are maximized. This time can efficiently be used to focus on building and developing partnerships and increasing sales.

Even outsourcing the smaller tasks of a certain business can save you an exponential amount of time – for instance, things like social media management, content creation, email marketing, and invoicing. The process is fast, simple, and cost-effective!

4. Tap into a Global Pool of Experts

Businesses are now choosing to outsource offshore, because they recognize the advantage of low labor costs, without it affecting their own business’ progress and value. Most third-world countries like the Philippines, India, and Pakistan provide an enormous human and knowledge capital. Did you know that Pakistan is the 3rd largest provider of digital labor in the world?

Currently, over 600,000 IT professionals are available to provide outstanding IT service in the country, turning it into a global outsourcing powerhouse! From software development to nanotechnology and cybersecurity to cloud computing, Pakistan has a stronghold on high-end technological frameworks that are recognized worldwide.

Outsourcing truly has opened up a greater talent pool of educated and experienced staff who is not only readily available within short time frames, but provide the best at a fraction of the cost!

5. Drive Efficiency and Higher Performance

Outsource service providers are experts in quality and delivery. The right outsourcing partner will help businesses map out their processes and analyze the sort of outsource model that would suit them best; ensuring that the customer is at the center of all the processes involved!

So to Summarize:

The reason companies and businesses outsource aren’t for a single reason, but rather several. It all depends on the company’s context and actual priorities and needs. Some of the most common motives, however, are usually the following ones:

  • Reduction in Operation Costs
  • Improving the Business’s Focus
  • Delegating Tasks
  • Sharing Risks with a Partner
  • Liberating Inner Sources for New Strategies
  • Increasing Efficiency
  • Enhancing Service Quality
What Companies Outsource?

Now that we’ve discussed why outsourcing, especially offshore, is the best and most effective strategy for businesses long term, here are some businesses that have benefited from this practice. So you don’t take our word for it, but you can take theirs!

Huge franchises like Alibaba, Skype, Slack and even WhatsApp all profited from outsourcing their non-core functions. This not only enabled them to be more effective but they also grew faster and saved more money.

Outsourcing recently became popular in the 90s, when cost-saving became a cornerstone in several companies and some of the most common outsourcing firms offer financial services, pharmaceuticals manufacturing, retail, IT, software testing, and web development services.

Even Google!

What’s now a common household name, started out as a simple search engine but has since then evolved and become a massive organization. From offering hardware and software services to advertising, Google has employees distributed all around the world! It is a company with exceptional business practices and policies and it is one of the major companies that outsource and in fact, has been outsourcing their non-core functions, like admin and IT work, for years.

Google also understands that with its enormous size, it cannot do it all. To that end, they have been outsourcing development work and even email support; also offering phone support with a staff that is stationed all around the world! The more Google expands, the bigger the need is to outsource! Their outsource team of individuals seamlessly blends into their in-house support team, and are responsible for providing clients with an improved response time – all at a reasonable cost!

All these combined together make Google a perfect example to illustrate the reasons for outsourcing!

When thinking about other companies that outsource, WhatsApp is another good example of outsourcing, as it has been doing it from the very beginning! In 2012, WhatsApp was only a small organization with only 30 full-time employees and five part-timers. The company understood that if they wanted to grow, it was essential to keep the costs down and for them, Russia was the answer! They sourced development resources from Russia for only a small fraction of what they would have had to pay in the United States. It is now being used globally by millions!

The post 5 Undeniable Reasons Why Businesses Should Start Outsourcing appeared first on Prestige Offshore Staffing Solutions.

]]>
https://prestigeintl.co/why-are-businesses-turning-or-should-be-turning-to-outsource/feed/ 0 7299
How much can you really save by offshoring? https://prestigeintl.co/how-much-can-your-business-really-save-by-offshoring/ https://prestigeintl.co/how-much-can-your-business-really-save-by-offshoring/#respond Wed, 20 Jul 2022 11:50:25 +0000 https://prestigeintl.co/beta/?p=7150 Offshoring as a practice has been around for quite some time and recently, with the rise of entrepreneurs and business owners, (and taxes) more and more people are warming up to the idea of consistent performance and results, achieved at a much lower cost! That almost sounds too good to be true, right? Well, allow […]

The post How much can you really save by offshoring? appeared first on Prestige Offshore Staffing Solutions.

]]>

Offshoring as a practice has been around for quite some time and recently, with the rise of entrepreneurs and business owners, (and taxes) more and more people are warming up to the idea of consistent performance and results, achieved at a much lower cost! That almost sounds too good to be true, right?

Well, allow us to explain!

What is Offshoring?

Putting it in a simplified definition, offshoring is the practice of basing some of an organization’s services overseas, to benefit from comparatively lower costs. Tasks that would normally be carried out by an in-house team or sector are now easily assigned to a third party, which leaves the company at an advantage in terms of time and money – time which can then be allocated to other aspects of the organization and money that could be invested in furthering your business goals!  

To give you a better understanding, some of the ‘tasks’ may include a specific project, multiple activities, or an entire business function altogether. Outsourcing offshore just makes sense because companies no longer have to compromise on quality or performance since an offshore team does the work for you, at half the price!

The unbeatable pros!

Due to the digital era, it’s never been easier and more convenient to connect with people across the globe and to have smooth operations running online. What’s more is that after the global pandemic, organizations and studies have found that 77% of employees working remotely give better results and show an increased productivity rate. That can factor into your offshore team, wherever they may be from – as long as there is consistent communication, and a regular quality check, it is a route that all businesses should be considering. Offshoring also helps a company to keep complete control over their operations and manufacturing, ensuring that you’re aware and involved every step of the way!

One of the benefits also lies greatly in the cost factor because if there is a product or a service that can be produced cheaply overseas, it makes more sense to import it rather than to produce it locally. Much of this revenue is earned, return back to the country in wages for other employees, investment in research and development, profits for shareholders, and taxes for the government.

Not to mention, this method, if undertaken, helps to improve the economies of poorer and third world countries and establishes jobs for people who have the necessary skills, but not the opportunities in their area of expertise.

If you don’t want to take our word for it, here’s what one of the richest men in the world, Azim Premji, chairman of Wipro Limited, had to say about the matter, “The important thing about outsourcing or global sourcing is that it becomes a very powerful tool to leverage talent, improve productivity and reduce work cycles.” His company was one that underwent decades upon decades of diversification and growth to emerge as a world leader in the software industry!

How much can you benefit?

Companies that outsource work to third-world countries like the Philippines, India, China, and Pakistan can cut down their labor costs by 70%, even up to 90% in some cases! And this is all while providing their outsourced labor force with a decent wage.

South Asian countries are generally still developing so the minimum wages set in such countries are much, much lower than US and UK. This is a win-win situation; for your outsourced team and your business as well, as you can both benefit from each other this way.

There might be an odd concern or two, regarding the work’s quality since it is technically going to be produced and handled by a team from a third-world country. This, in no way, diminishes the quality or performance of your organization because when it comes to outsourcing, some of these countries, namely Pakistan an example, is regarded as one of the world’s market leaders! It is a hive of brilliant professionals, well-known for delivering quality IT services in the world.

Pakistan is making significant investments to enhance its IT infrastructure and project management; evolving over the years, into a global outsourcing powerhouse! From software development to nanotechnology and cybersecurity to cloud computing, Pakistan has a stronghold on high-end technological frameworks that are recognized worldwide.

To further demonstrate our point, let’s observe a specific, narrowed-down list of benefits from a company in Pakistan that specializes in this area; Prestige International.

Not only do companies gain up to 70% in terms of saving cost, Prestige also hand-picks a carefully curated team of employees that would specifically work just with you and towards your business goals. They offer complete maintenance of facilities for necessities such as technical equipment and assistance, IT support, and robust infrastructure to facilitate maximum uptime, up to 24 hours a day, seven days a week! Even the operational expenses like workspace, equipment, training, and other facilities, are all included as part of the package.

In Asia alone, Pakistani labor costs are about twice as lower as India’s and five times less than China’s! This will save you around 70% on employment costs, with increased productivity and no concession on quality. In today’s time, offshore outsourcing is a practical economic model, and all this highlights that offshoring helps to cut out one of the costliest expenses – labor. Dodging this cost lets you reinvest the savings into your business and increase your value proposition. This way, you shift to working on your business, rather than inside it.

So, are you convinced?

Supporting an entire IT department can be and in fact, is expensive; not to mention the amount of time and attention it naturally requires to grow. This is why outsourcing offshore, specifically, is popular not just for big companies but also for others. Offshoring can be used in all business spheres but the most demanded is the IT sphere — offshore outsourcing software development companies always have a job!

The post How much can you really save by offshoring? appeared first on Prestige Offshore Staffing Solutions.

]]>
https://prestigeintl.co/how-much-can-your-business-really-save-by-offshoring/feed/ 0 7150
9 Tips to Stay Productive When Working From Home https://prestigeintl.co/tips-more-productive-while-working-from-home/ https://prestigeintl.co/tips-more-productive-while-working-from-home/#respond Sun, 04 Jul 2021 11:00:29 +0000 https://themepanthers.com/wp/creote/v-new/?p=350 Here are 9 tips to help you be more productive while working from home.

The post 9 Tips to Stay Productive When Working From Home appeared first on Prestige Offshore Staffing Solutions.

]]>

Working from home is now becoming a norm, and while remote work is all fun & games, it comes with its own challenges. If you’re new to the concept, you may find it even harder to maintain a work-life balance resulting in stress and unproductivity. Here are our tips for supercharging your productivity while working from home:

1. Plans are nothing; planning is everything.

For people who operate with remote work arrangements, it can be pretty challenging to stay productive and focused throughout the day. Planning out the entire week or even just the day ahead already puts you in a proactive mode and you’ll feel more confident about your working schedule, and motivated to finish your goals for the day!

2. Tick-Tock, Tick-Tock!

Time is money. Setting up timers for certain tasks can help you to monitor your own pace; this way you can manage your time more effectively and prioritize the more important tasks on your to-do lists. This can also give you the push you need to finish a project within a time frame, rather than becoming idle at home.

3. Accountability Buddy

In a remote work environment, the absence of an authoritative figure is both a blessing and a curse; a curse because since there’s no one to essentially report to, you might become too comfortable. We suggest an ‘Accountability Buddy’ who can either be a sibling or a friend who checks up with you regularly, about the progress of your work. This helps you to stay on track and complete your goals because of the accountability factor.

4. Consistency is Key!

Human beings are creatures of routine. Staying consistent leads to habits and these habits eventually positively impact your productivity and performance. If you are working from home and feel like you’re not being productive enough, you have to have a routine set for weekdays so you are wired to work at a specific time.

5. Have a Separate Working Nook.

The essay ‘A Room of One’s Own’ is celebrated as a classic to date because it brings up a great point – you need a space of your own, especially if you’re operating from home. Creating the right environment is essential for productivity as it eliminates distractions and helps you to focus, so avoid working from bed (no matter how great the temptation!)

6. Food is Fuel.

Take advantage of working from home by preparing something fresh and healthy for yourself to eat throughout the day. Working on an empty stomach will reflect on your work so eat well, and drink water regularly.

7. Don’t Overwork.

After you’ve officially completed your allocated hours for the day, the urge to work on a particular project for an hour longer may be tempting, but it can lead you down a slippery slope. Recognize that your body and mind need to decompress and rest, so shelf the task for another day and don’t fall into a pattern of overworking.

8. Disconnect to reconnect!

Turn this into your mantra – as a working individual, you need to understand the importance of taking short breaks during work. It boosts your creative juices and productivity once you refresh for maybe 10-15 minutes and then step back into work. You’ll feel more energized, and breaks can provide you with an outlet for mundane or difficult things.

9. Pat Yourself on the Back!

Did you get through an entire day of working from home and fulfilled all or most of your goals? It’s time to reward yourself and give credit where it’s due. Binge-watch your favorite show, have a snack, go on a shopping spree – whatever you need to do to enjoy yourself because that’ll motivate you to come back tomorrow and do an even better job than before!

The post 9 Tips to Stay Productive When Working From Home appeared first on Prestige Offshore Staffing Solutions.

]]>
https://prestigeintl.co/tips-more-productive-while-working-from-home/feed/ 0 350