Outsourcing Speed
Staff Augmentation
Staff Augmentation
Meet all your business requirements on time with the staff augmentation service provided by IQM, India.
Let’s understand what staff augmentation is and how IQM can help you here!
Staff augmentation is the process of hiring outside IT staff to work on your projects for a short period of time.With the increased business and diverse skills requirements today, IT Companies find staff augmentation as the go-to option to get their projects done! In fact, the IT staff augmentation market was sized at $92.5 billion before the COVID pandemic, but later, the IT staff augmentation market grew to a massive $132.9 billion. This only shows how powerful and on a growing scale staff augmentation is of course, the growth is because of the huge benefits that come along! Hiring physical professionals can be expensive, not to mention time-consuming. For those reasons, companies have been moving to a more flexible approach called Staff Augmentation.With staff augmentation, companies hire freelancers for a short period of time (few months to years) to help with specific projects as needed or as per contractual agreement.This is a great option for small and medium-sized companies who don’t have the resources for an in-house full- time team. Also a great alternative for Big size companies to avoid taking IT professionals on their payroll with all benefits for short term.
Benefits
When it comes to the benefits of staff augmentation, it is plenty. And that’s one main reason why a lot of companies find staff augmentation as a tangible and a go-to solution.
-
-
Avoid Low Quality Hires
-
Turn Fixed Cost into Variable Costs
-
Immediate Joining Profiles
-
Skilled & Experienced Resources
-
Avoid the cost of chasing the technology
-
Simplify your Operations
-
Focus on your core business
HIRE WHEN NEEDED
This is one of the greatest benefits when it comes to staff augmentation.You can hire employees whenever you need them. All you need to have is a reliable staff augmentation company like IQM onboard. Companies never know when a need might come for a new IT skill within the organization and instead of hiring a full-time employee, they can easily choose to go for staff augmentation services.This allows them to hire an employee for a shorter period of time when needed.
ACCESS TO GLOBAL TALENT POOL
When you restrict yourself to hiring people from a specific area, you fail to hire some of the skilled people. This can be a great loss to your company as you might end up spending more on a talent that’s not skilled enough. But with staff augmentation, the scenario is totally different! You get access to global talent, allowing you to choose from the most skilled people around. IQM can you help out with this!
MORE CONTROL OVER PROJECTS
Usually, when a company decides to outsource projects, they have very little or no control over the project that is being outsourced. However, with staff augmentation, you get more control over your projects. You can continuously monitor the progress of your projects and give inputs as and when needed. This helps you ensure that all project deadlines are met on time.
SCALE BUSINESS PROGRESS EASILY
Often your business needs more than one hand to meet requirements and complete the progress. Usually, the only way to go about is staff augmentation. You can hire staff based on the skills you need and you can scale your business progress easily.
STAFF AUGMENTATION IS EXTREMELY COST-EFFECTIVE
When compared to hiring in-house staff, staff augmentation is extremely cost-effective. You only have to pay for the services you avail of and for the specific time period.
NO LONG-TERM COMMITMENT
This is another great benefit of staff augmentation. When you hire in-house staff, it’s a sense of commitment you give to them. This means that the particular employee is going to be long-term in your company which means higher costs. When you go with staff augmentation, the employee sticks around only for the project duration. Once the project or the contract is over, it’s done. There’s no sense of long-term commitment here.
