Top 5 Reasons to Consider Offshoring

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COST

Staffsalary-thestaffsalaryandstatutorybenefitsinthePhilippinesison average30-40%ofwhatyouwouldexpecttopayforthesamequalificationsand levelofexperienceinAustralia.StatutorybenefitsincludePhilHealth,Social Security(SSS),HomeDevelopmentMutualFund(Pag-ibig)and13thmonth cheque.Toattractgreatstaffwhostayit’simportanttoofferadditionalbenefits likeprivateinsurances,engagementactivities,transportandameal.Foran accuratecomparisontoAustralia,youwouldincludesuper,payrolltaxand workerscompensationandotherteambuildingandengagementcosts.

OfficeCosts–Ifyouchosetoworkwithanestablishedoffshorepartner, theyprovideanofficewithpowerbackupandcommercialgradeinternetas wellasITequipment.Thisisatasignificantlylesscostthanifyouhadtoset upanoffshoreofficeyourself.

Time–consideryourhourlyrate,ifyouhireddirectly,howmuchtimeis spentlookingforstaff,settingupanoffice,establishingamanagement teamandITsecurityandsupport.

Forafractionofthecostanoffshorepartnerwilldoallofthat,youronly timeinvestmentwillbetointerviewandchoosethepeoplethatbestsuit yourbusiness.

PEOPLE 02 ACCESStoTALENT

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AspertheHaysSalaryguideFY23/24'skillsshortagesareentrenchedinthe AustralianandNewZealandlabourmarketsandtheseunshakeabledeficiencies continuetointensifyinmanyindustries.'

02

WhythePhilippines?

AccessqualifiedstaffwithAustralianindustryexperience-The Philippineshasahugepopulationwitharound1milliongraduatesayear comingoutofuniversitiesintotheworkforce.

Communication-Englishisofaveryhighstandardasit’sstudiedat schoolanduniversityisconductedinEnglish.

Timezone–PhilippinetimeisthesameasPerth.StaffinthePhilippines startworkearlyandworktoAustralianofficehours.

WorkEthic–Filipinoshaveaveryhard-workingculture,theycontinually strivetodeliverhighqualityworktoAustralianclients.

03

CONTROL

Manybusinessesarehesitanttohaveoffshorestaffastheyfeelthatbecause thestaffaren’tintheofficetheywilllosecontrolofhowworkisdone.

OffshoringVSOutsourcing

Thelossofcontrolperceptionoftenarisesbecausemanypeopleconfuse OffshoringVSOutsourcingasbothrefertogettinganothercompanytodowork foryou.

Outsourcing–thisis aservicemodel

Taskslikepayroll,BAS,marketing, receptionaredelegatedtoan externalfirm,thisfirmhasstaff eitheronshoreoroffshore.These tasksarehandledbasedon projectscopeoragreedhourly rate.Theoutsourcingcompany assignstrainedprofessionalsto completethework,clientdoesn’t choosethestaff,theyare assignedbasedonavailability.

Possibleproblems:

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InconsistencyinworkqualityFrustrationastheworkwillnot necessarilyalwaysbedonebythe sameperson.

Onewaysameway-Thestaffare trainedbytheOutsourcingcompany, theydonotlearnyourprocessesand procedures.

Staffwillbeworkingformultiple companies,lackincentivelearnabout yourbusiness.

Offshoring–apeoplemodel.

Benefits:

Youchosethepeoplewhowillworkforyou. Yourstaffworkonlyforyou,theylearnyourprocessesandprocedures. Youcommunicatedirectlyandmaintaincompletecontroloverhow workisdone.

Thereisconsistencyasthesamepersonisdoingthework. Theybecomepartofyourteamandembraceyourworkculture.They shareyourvaluesandarepartofthejourneyofgrowthinyour business.

SECURITY 04

Securitybenefitsofworkingwithanoffshorepartner

Benefits:

StringentOfficeandITsecurityprotocols. Officewithbiometricbuildingaccesssecurityandcameras. Staffleavephonesandpersonalbelongingsintheirlocker.

NewlaptopisprovidedbyProfitmaster,allsystemsandsecuritysetup priortostafffirstday.Thisisdoneasperclientsonshoreprotocols, withadditionalsecurityoverlay.

Geofencedaccess.Remoteshutdown.

Softwaretomonitorandreportonstaffactivity,screenshotsand keystrokes

ProductivityGains

Productivityofyouronshoreteam

Increasedproductivityandgrowthcanbegeneratedbyyouronshorestaffif theyhavetheirtimefreedandareabletopivotfromprocessandcompliance worktochargeable,clientfacingrolesandbusinessdevelopment.

Productivityofyouroffshoreteam

Togetbestresultit’sadvisableto,

HiresomeonewithAustralianindustryexperience. Paygoodsalarieswithbenefitstoattractgreatpeoplewhowillstay.

PerformanceTracking Clearprocesses. Clearandmeasurablegoals. Financialincentivesforreachingtargets.

Monitorstaffwellbeingandperformance. Firstpointofcontacttoaddressanyconcerns. Operationsmanageroffshorewillworkwithyoutoget thebestfromyourstaff.

Number of working days in a year

Note;ThereareadditionalcostsofemploymentinAustraliathathaven’tbeenincludedhere, thingssuchasofficecosts,payrolltax,staffteambuildingandengagementactivities.These costsarecoveredinthePHservicefee.

“HiDelia,

Asperourdiscussion,IwouldliketogiveJoanapayrise.Joanmakesamazing contributionstoourteamandIfeelthatsheneedstobecompensatedmoreforthis. Thisincreaseisathankyoufortheamazingworkthatshedoesformeeveryday andwithouthesitation.TheworkingethicsandqualitythatJoanhasareveryhard tofind,especiallyatthispointinAustralia,andifshewasherethiswouldbeamuch highersalarytocompensateforherexperienceandqualifications.Joannever complainsabouttheworksheisgivenandishappytodotrainingcourses(online) whenIneedherto,shelearnsquicklyandisalwayskeentoknowwhereweare goingwiththebusinessandhowshecanhelp.Joanhasbecomeavaluablemember ofourteamandIwouldliketorewardherforthat.”

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Top 5 Reasons to Consider Offshoring by Profitmaster Global Outsourcing - Issuu