Business owners and department managers have a crucial task: achieve operational goals while keeping costs low. One of the largest expense categories for any business is human resources. Yet, it’s also the most impactful expense category because it can give you a competitive edge and offer innovation.
Nearshore staff augmentation offers access to highly skilled professionals outside your border but within a similar time zone with greater cultural similarities and languages spoken than offshore staff augmentation.
Find out how you can leverage nearshore human resources to enhance your team and cost-effectively scale your business.
What Is Nearshore Staff Augmentation?
When you leverage talent from experts in nearby countries, that is considered nearshore staff augmentation. Staff augmentation is an outsourcing strategy that can help fill staffing gaps and expand your talent pool. Or if you have a large upcoming project, it can offer staff additions to help with short-term projects that would stretch your existing team too much.
When augmenting your staff, you can scale your business quickly and welcome specialized talent.
Ideal Jobs for Staff Augmentation Services
You can use staff augmentation services for any job, but some departments and job types lend themselves to it more than others. Here’s a look at some of the most beneficial areas where businesses have found success with nearshore hiring.
- IT: Technology moves and changes rapidly. Whether you’re developing new software, implementing new technology or in need of more cost-effective solutions, looking to neighboring countries for talent could help keep your human resources budget-friendly.
- Customer service: Keeping customer service in-house is expensive, yet it’s also an important aspect of messaging and communicating with your customers. Customer service is also an area where businesses see high turnover rates, making staffing the department time-consuming and complex. Nearshore hiring can help reduce costs while staffing your team with individuals in similar time zones while minimizing language barriers.
- Manufacturing: Production costs are another major business expense. Outsourcing manufacturing can lead to questionable quality and less control over one of the most important aspects of your business. Nearshore hiring can make staffing more affordable while giving you full control over the process.
- Financial services: Your industry requires incredible expertise. Hiring talent that you don’t have to train is challenging and professionals in your area are in high demand. You can extend your talent pool by considering nearshore hiring to find quality data analysts, financial planners, accountants and more.
- Health: Another specialized field is health and life sciences. You need skilled researchers, office support staff and scientists. Hiring these professionals is expensive and they are in high demand, meaning your options will be limited.
Why European Countries Are Seeking Talent from Moldova
Moldova is strategically positioned to connect Eastern and Western Europe. The cost of living in Moldova is a fraction of what it is in most other European countries, meaning professionals from this area can be more cost-effective. Research has found that Moldova is home to many skilled professionals with advanced degrees in science, engineering and technology.
Because Moldova is a European country, its culture and time zone are similar to most other European countries and many working professionals already have work visas and speak the primary language from neighboring areas.
Benefits of Nearshore Staff Augmentation
If you’re weighing your options of offshore staff augmentation or nearshore, consider these benefits you can experience by recruiting your talent a little closer to your primary business operations.
- Larger specialized talent pool: Using nearshore staff augmentation allows you to gain access to a larger talent pool. This is especially helpful for companies in specialized industries or who need several specialized professionals.
- Resolve staffing shortages: Finding quality talent can be challenging. And you’re competing for that talent with others in your field. If you can’t pay the largest salary or offer the greatest benefits, you might get passed over. Expanding to professionals in nearby countries can make your offers more competitive, allowing you to resolve staffing shortages for experts in your country.
- Budget-friendly: Depending on the country you’re hiring from and whether you’ll be permitting remote work, you can often access talent for lower costs than you would within your country.
- Better time zone alignment: The greatest benefit of nearshore staffing when compared to offshore hiring is that the country is closer to your headquarters, allowing for better time zone alignment both for the recruiting process and remote work.
- Competitive edge: By lowering costs and diversifying your talent, you can gain a competitive edge over others in your industry who have not opened their hiring pool up.
Getting Started with Nearshore Staffing
The hardest part of getting started with nearshore staffing is finding the best agency partner to aid in recruiting. A recruiting agency knows the local talent well and can advise you on payroll tax implications, work visas, temporary talent leasing and more. The Association of Recruitment Agencies is your resource for accessing the Moldova talent pool and navigating the complexities of nearshore staffing.
