August 21, 2020
5 Significant Advantages of Remote Teams
Having a remote team means getting ready for the future. As your organization grows, you’ll start facing many challenges. Finding the best talents will be one of them, and the advantages of remote teams can be the solution.
As the average hiring process for a tech professional lasts for 56 days, it seems like an in-house development team is challenging to set up. Developing a complex app requires different tech profiles, including frontend developers, backend developers, designers, etc.
After you interview each candidate, you need to organize another round for the most suitable ones. Then, after the final decision, you have to train the new team members. This process can take a lot of time you could spend on actual app development.
On the other side of the coin is a remote tech partner that provides an experienced team of development experts focused on your project. They are here to take care of your entire development process, releasing you from the struggle of setting up your own in-house team.
Buffer’s State of Remote Work claims that remote work isn’t going anywhere. Here are the advantages of remote teams you should seriously consider:
Proven experts working on your project
If you choose to employ people from a specific region, you’ll restrict your choice of applicants. In comparison, remote work helps you reach the best talents worldwide. In this case, the entire world becomes your talent pool, and you can find the exact employee profiles that suit your project.
Your remote tech partner can achieve things that go way beyond your own possibilities. One of the most significant advantages of remote teams is the tech know-how and extensive experience acquired from similar projects like yours. You won’t have to spend resources on obtaining skills such as project management, agile methodologies, QA, mobile app development, etc.
Saving major resources
Some studies claim that one remote worker could save an annual amount of $10,000 in real estate costs. Moreover, with furniture, bills, cleaning, and other office-related expenses, you could add $1,800 per employee to your savings. For example, Cisco reports that the company saves an annual estimation of $277 million due to its telecommuting policy.
If you’re operating in some of the world’s most expensive cities, you could significantly reduce costs by hiring a remote team. For example, if you want to hire someone in London, with a real living wage, a 35-hour week and a 9-to-5 work schedule, it would cost you at least £21,951. If your employee has a higher salary, this number could go up to £57,025, while the UK average is £32,119. And, these numbers don’t include additional benefits, such as life insurance, paid education, fitness memberships, team buildings, private health insurance, etc. When recruiting a remote team from regions with lower wages and taxation, these expenses may be significantly minimized.
Additionally, one of the biggest advantages of remote teams is that you won’t have to provide a technology stack, which is mandatory for setting up a development team. Your tech partner has these tasks already complete, providing you with a team that’s ready to go.
Save time for core processes
Creating your in-house software development department is a complex operation that basically never ends. Finding reliable and experienced developers can take months. It’s really complicated to locate the best candidates to recruit, and you certainly won’t recognize them right away. What is more, you’ll have to train every employee for a collaborative environment and overcome social conflicts.
One of the most significant advantages of remote teams is that they’ve already gone through this. You won’t have to provide training or introductions to the way your company works. You’ll skip the entire hiring and onboarding process, with much more time left for you to focus on your core processes.
Minimized security threats
If your in-house department is not experienced in IT protection, then sooner or later, their activities will jeopardize the confidential data of your business.
Experienced teams that specialize in software development usually put in a lot of effort to protect themselves from digital threats. Through adopting the latest sophisticated approaches and techniques of encryption, your tech partner will preserve your digital properties.
Preventing data breaches requires adequate infrastructure that you won’t have to take care of additionally.
Reduced turnover risk
Employee turnover is stressful. If anyone quits, they head out the door with all the resources you invested in recruiting and coaching. Turnover can mess your regular activities, causing expensive issues.
A remote development team can provide a higher degree of continuity inside the business. For example, if your tech lead leaves the company, you’ll have to spend a lot of time and resources on finding another experienced and skilled candidate for the role. In the meantime, your development processes will be disrupted with gaps in the flow.
On the other hand, if you outsourced this function, you would face a reduced risk of operations interruption. You can be sure that your project will be completed on time, painlessly.
A more inclusive company
Hiring a team from a different region of the world means including more diverse backgrounds in your company. Companies that do this increase their employee satisfaction, get new sources of fresh ideas, and contribute to a higher reputation among customers.
In fact, organizations that promote gender, sexual preference, race, or knowledge diversity enjoy a competitive advantage in recruiting and maintaining diverse talents. Diverse experiences can add more creative solutions, resulting in better decisions and more innovative products.
Spend more time growing
You can’t have all the skills. That’s why it’s better to focus on doing what you’re good at. If you’re an entrepreneur, you should focus on growth. You should never stop seeking innovation and opportunities.
That’s why you should leave everyday development-related tasks to experts who are good at it. This will make your development processes much more efficient, releasing you from the pains of solving problems like these.
You’ll also make the lives of your in-house team members more relaxed. They will focus on what they know how to do, instead of trying to do things that are out of their possibilities.
Outsourcing all but the primary company operations is basically more cost-effective. You’ll be saving time, avoiding stressful situations, and investing your attention on the crucial parts of your business.
An experienced in-house team is very difficult to set up. The good news is, you don’t have to do it. A remote tech partner can offer you greater flexibility and increased productivity.
Because conventional ways of doing things, modern organizations are missing a lot of market growth potential. Opportunities for innovation extend way beyond their office, regular working hours, and geographic regions. There are market openings anywhere in the world, at any given moment.
Don’t miss these opportunities. Leave the technical part to experts and focus on growing. Results will come faster than you think.
If you need tech consulting, don’t hesitate to book your discovery call here[email].