Just like your soulmate might be on the other side of the planet, sometimes your company’s best talent is hiding out of reach. After all, the most qualified people across the world aren’t just confined to your city. (If they are, though, please spill the secret of your magical location!)
The question remains: What do you do if you want to bring this talent on board?
To start unpacking this problem, let’s consider two main reasons why these workers might be halfway across the world: 1. They’re living in another country and working in-house for a company, or 2. They’re traveling and working remotely.
If the #1 is the case, it might be a bit messy and expensive to poach these new hires. Luckily, however, #2 is the most likely answer. As Fast Company reported, half of the world’s workers might be remote by 2020. And according to Indeed Hiring Lab, the most talented workers are ditching the 9-to-5 grind in favor of more flexible schedules.
Evidently, there’s not much you can do to stem the growing tide of the remote workforce. But you still want to staff your company with the highest-quality talent out there.
That leaves you with a few key options for finding your company’s new hire. Let’s take a look:
If you’re resigned to having your employees in your office, this option might be at the forefront of your mind. After all, if you hire someone local (or someone who can at least relocate for a reasonable price), you’ll be able to keep an eye on them each day and track their performance in-person.
While that might sound like the right thing to do, it’s important to ask yourself this question: Is it better to keep a close watch on a mediocre worker or to manage a stellar worker even if they’re operating remotely?
It’s crucial to take these points into consideration—especially when your company’s bottom line is at stake.
If you’re resigned to having your employees in your office and acquiring the best talent available, this option might sound enticing at first. A closer look, however, reveals that it’s by far the most expensive solution on the list.
While it’ll get you the A+ hire, it’ll cost you a pretty penny. Think about it: If these workers are truly on the other side the world (or used to traveling to their heart’s content), you’ll have to shell out funds for them to move all the way to your city and settle down. They might slap a hefty price tag on that premium—and the money is coming out of your company’s wallet.
To add, this is also the slowest solution. It could take months for your hire to agree to uproot their life and coordinate an actual move. Once they finally step foot in your office, you’ll then have to go through the process of onboarding them and getting them accustomed to their new setup.
If options #1 and #2 don’t sound attractive to you, perhaps you’re ready to hire a remote worker. You’re just not quite sure how to start.
Based on what you’ve seen other companies do, you might decide to tap an outsourcer to handle the hiring process for you. While this has been a popular solution in the past, there are pitfalls involved that can seriously harm your business and budget.
For instance, outsourcers are consistently scamming US companies by putting low-quality workers on their projects, sharing workers across clients, training junior workers at the client’s expense, and overcharging for the actual number of hours worked. Say an outsourcer bills you for 40 hours a week; you don’t know how many of those hours were actually spent working. You also don’t know how productive people were during those hours, and if they were really completing tasks that contribute to your overall goal.
Outsourcing might seem like an easy fix to your hiring problem, but it won’t arm your team with grade-A talent. In the end, you’ll likely be stuck with low-quality output and a dent in your wallet.
This is the only solution that allows you to hire the top talent you need and save costs. It’s also the only one that will get your high-quality team up and running quickly, so you can get back to managing your business and closing sales.
While some companies might be worried about trusting remote teams to get their work done, modern technology makes it simple to communicate, collaborate, and track progress across a virtual office. Apps like our own WorkSmart allow you to identify productive time—down to the minute—and bill only for that time, so you know exactly what your dollars are being used for.
It’s also important for businesses to consider hiring engineer teams as opposed to just individuals, because team members can all be ramped up at the same time. And instead of trying to teach an old team new tricks, your cutting-edge team will bring fresh eyes to your product.
Finding the best people for your business
The most talented people in the world are truly all over the world—and there’s no reason they shouldn’t be able to work for your company. If you’re hiring locally or wasting your money on outsourcers that don’t deliver, you’re simply selling yourself short. And if your dream hire is on the other side of the world but doesn’t want to budge, you shouldn’t have to let them go simply because they can’t work in-house.
That’s why, at Crossover, we’re committed to building high-quality, remote engineering teams that are ready to roll in less than four weeks. We also vet, hire, and train team managers so they can take the reigns, drive productivity, and keep you in the loop every step of the way.
Ready to try it for yourself?