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Top 3 Outsourcing Countries with Low Cost Labor Markets

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When expanding your business, you will likely find yourself in need of skilled outsourced talent. While the idea of domestic outsourcing can seem appealing, there are various challenges you may face.

One major challenge to domestic outsourcing is a lack of local talent. A recent survey by ManpowerGroup shows that over 60% of US companies encountered a talent shortage when hiring domestically.

Thankfully, there are better alternatives to hiring domestically—offshoring or outsourcing abroad. By outsourcing abroad, you can expand the scope of your talent search to include global talent. Plus, you can utilize low-cost labor markets abroad to reduce your payroll costs without sacrificing top-quality talent.

Once you’ve decided to outsource, your next step is to find the right place to search for talent. Numerous outsourcing countries in the world can offer unique hiring benefits. For example, some outsourcing countries may have a reputation for filing certain types of jobs, such as IT.

To help you get started, we’ve outlined several of the top outsourcing countries where you can find the right talent for your business.

Top Outsourcing Countries with Low-Cost Labor Markets

India

India is one of the best-known IT outsourcing hubs, attracting Fortune 500 companies like IBM. Some common positions to consider outsourcing to India include IT support, web development, programming, and more.

One of the benefits of outsourcing to India is the available talent. Thanks to India’s youth population, the country sees more educated professionals enter the workforce each year.

Another benefit of outsourcing to India is the ease of communication. India’s English proficiency rank is amongst the top ten in Asia.

The Philippines

The Philippines is home to more than 1.35 million outsourced professionals. As one of the top outsourcing companies, Filipino talent fills a variety of outsourced positions—from administrative roles to IT support and retail.

The Philippines’ education makes this country unique. Compared to neighboring countries, the Philippines has ten times as many higher education institutions. Thus, the Philippines’ talent pool consists of a larger number of educated professionals.

Another benefit of outsourcing to the Philippines is data security regulations. The Philippine government created the Data Privacy Act of 2012 to support the business process outsourcing (BPO) industry, reducing cybersecurity risks.

Egypt

In addition to IT processes, Egypt is also known as an outsourcing hub for business and knowledge services.

Egypt is one of the top outsourcing countries because of the low cost of outsourcing. By offering competitive costs, compared to other outsourcing hubs, Egypt’s BPO industry has steadily increased.

Egypt’s dedication to education also makes it an ideal outsourcing hub. The Egyptian Ministry of Education partnered with several organizations to develop a STEM high school network to better prepare students for STEM roles.

Expand on Your Business’ Success With C9 Staff

There are many outsourcing countries to consider when expanding your business. While it can be time-consuming to perform a talent search on your own, you can partner with an experienced outsourcing company instead.

By partnering with C9 Staff, you can skip the hassle of outsourcing without sacrificing top-performing talent. C9 Staff utilizes unique end-to-end managed services that guide each client through the outsourcing process. Not only does C9 Staff help you locate talent, but our team also aids in onboarding new hires and even takes care of employee benefits.

When you partner with C9 Staff, you are assigned a dedicated account manager who monitors your outsourced team’s success. Together with C9 Staff, you can grow your business with outsourced talent while you focus on what matters most.

Wondering what outsourcing countries to hire from when outsourcing?
Contact C9 Staff and discover fitting talent from our global recruitment markets!

 


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