Engagement Model

 

Supporting you the way it works the best for you!

Understanding Offshore Staffing & Various Engagement Models

Offshore staffing refers to the practice of hiring employees from a different country to work on a project or provide ongoing support. This can include everything from software development and IT support to customer service and administrative tasks. The benefits of offshore staffing include access to a wider pool of qualified candidates, lower labor costs, and the ability to keep projects running around the clock.

We understand the importance of having a highly-skilled and efficient workforce for the BFSI sector. That’s why we offer a wide range of offshore staffing solutions to help your business grow and succeed. Our team of experts has a deep understanding of the BFSI industry and can help you find the right talent to meet your specific needs.

Choosing the Right Model

Tips and guidelines for selecting the best engagement model for your business needs:

When choosing an engagement model for your offshore staffing needs, it’s important to consider factors such as the scope and duration of the project, the skills and experience required, and the level of communication and collaboration needed. It’s also important to ensure that the model aligns with your company’s goals and budget.

Types of Engagement Models

Dedicated Team Model

In this model, a dedicated team of offshore employees is assigned to work exclusively on your project. This allows for a high level of collaboration and communication, and can be especially beneficial for long-term projects or those that require specialized skills.

Time & Material Model

In this model, you pay for the hours worked by the offshore team, and the scope of work can be adjusted as needed. This can be a flexible option for projects with changing requirements or tight deadlines.

Project-based Model

In this model, the offshore team works on a specific project with a defined scope and deliverables. This can be a good option for one-time projects or those with well-defined requirements.

FTE Equivalent Model

In this model, we hire employees specifically for you. You are involved in the hiring process right from shortlisting to onboarding. The employees work as an extension of your team under direct guidance and supervision of your onsite office. We manage local compliance, HR and all other logistics so you can focus on your core business. Your remote employees work as your inhouse team.

Need help choosing the right strategy?

Offshore staffing can provide many benefits for businesses, including access to a wider pool of qualified candidates, lower labor costs, and the ability to keep projects running around the clock. Each with its own advantages and disadvantages, and the best model will depend on the specific needs of your project and business.