Is it Worth Hiring Offshore Employees in Pakistan?
The basic goal of any business, be it an SMB, startup or an established company is to generate maximum profits while cutting down business operating costs. Businesses require cost-effective solutions to operate smoothly and to enjoy maximum profit with the least amount of expenditures.
In this dying economy, it's challenging for small businesses to scale up their businesses with limited resources. That is why Pavago has come up with a cost-effective solution for SMBs. We source top-tier offshore talent globally who work as a full-time employee remotely and you will save up to 80% on overheads.
Why US SMBs should consider offshore outsourcing?
66% of businesses in America outsource at least one department which not only boosts their overall performance but significantly cuts down costs which can be utilized in other essential prospects.
Offshore hiring keeps companies on a roll without the troublesome process of training and hiring new employees on-site. It cuts down cost, and time and helps a business operate at its maximum potential.
Now, you must be wondering which country we hire reliable talent from, who knows US culture, work ethic, language proficiency, and skill excellence. As many would argue, hiring offshore sounds all sunshine and rainbows but in reality, it’s just a sea of uncertainty about where to go and who to hire.
In this article, we’ll discuss why hiring offshore from Pakistan is the most cost-effective and optimum solution for your business needs in 2024.
How do on-site employees hinder the growth of your business?
As a business owner or CEO of a company you need to work around many roles and responsibilities, majorly keeping your employees happy for them to work efficiently and for your business to thrive and grow exponentially.
To ensure that your employees are working in a perfect work environment and will continue to prove valuable for your business, you need to offer market-competitive salaries, hire the right people, and offer them annual bonuses to stay and remain a valuable asset to your company.
After a certain period, the realization hits that a major chunk of your profit just goes into employee retention and satisfaction plus accommodation (Physical workspace). Then you start shifting towards a hybrid or remote work system to cut down expenditures but what if you can achieve the same results with only a portion of your current salary expenses.
1. You’re wondering if the quality of work and skill of offshore employees would be on par with your current output.
2. You’re concerned if the work will be delivered on time.
3. You’re perturbed about any limitations in communication in terms of language proficiency
4. You’re thinking if the cultural differences would cause any hindrances in the workflow.
What do Pakistani offshore employees bring to the table?
- A significantly immense reduction in operating costs
- Professional individuals who are veterans in their fields and are extremely familiar with working online and remotely due to job scarcity.
- Time flexibility as different time zones lead to efficient time management
- Zero taxes and legal compliance.
- Increased productivity due to employee satisfaction
- Less requirement of frequent bonuses and amenities
- Specialized skills and self-driven approach.
How much does it cost to hire an offshore employee in Pakistan?
The average monthly salary in the United States for 2024 is $63,795 annually. The average monthly salary in Pakistan is 82,100 PKR per month which is 293.50 USD.
Pakistan has an unstable economy with a person earning a monthly salary around the average barely meeting day-to-day needs. If you were to hire an offshore Pakistani employee on a Monthly Salary of 1000-1500 USD you would be paying them a 6 figure salary in their country with only 30% of the amount you’re paying your onshore employees in the US. The cost difference is hugely significant with your business attaining the same results if not better.
What are the major benefits of hiring offshore employees in Pakistan?
Let’s take a look at some of the key benefits you’ll experience when hiring offshore employees from Pakistan.
1. Experts in their Craft
For whatever role you’re looking to hire, you’ll find experienced and immensely capable candidates in Pakistan. A huge portion of people in Pakistan solely rely on foreign clients/offshore jobs as their main source of income and also as an added plus, these people are experienced freelancers and work efficiently with foreign clients.
2. Seamless Communication
A problem that most people face when hiring offshore from countries that are cost effective solutions is a language barrier. As in most of these countries, English is not a dominant language but in Pakistan, you won’t find this to be a problem when hiring offshore as English is taught here as a second language.
In fact, Pakistan is the Third largest English Speaking Country.
3. Reduced Overheads
The cost of running your business will be significantly less while the quality of work will remain consistent if not better. It’s a complete package of efficiency when it comes to overhead costs and overall performance. You won’t have to worry about the quality of work while paying only a portion of the usual salary amount.
4. Productivity and Creativity
Hiring an offshore Pakistani Employee at 1500 USD per month is somewhat overkill for him and a very profitable solution for you so it’s a win-win situation and this increases productivity. When an employee is satisfied with what he’s getting paid he will not only be motivated but also committed to excellence.
Moreover, employee satisfaction will enable them to work in a stress-free environment providing your business with innovative ideas and creative solutions with practicality,
5. Time Zone Supremacy
With the difference in time zones, your work will be managed effectively as you can tap into and divide your work into different time zones which will further speed up your work and project development process.
Hiring offshore will not only save you on costs but it will provide your business avenues to upscale your business globally and operate without regional/geographical limitations. It’s a cost-effective method to also significantly expand your business operations on a global stage.
What are the key traits to look for when hiring an offshore employee from Pakistan?
Once you have decided on hiring offshore employees from Pakistan, these are the major key points you should look for.
Relevant Portfolio: The candidate should have proven work experience and a strong portfolio that aligns with the nature of the job you’re hiring for.
Versatility: Look for versatility and adaptiveness. These are key traits that offshore employees should have when working under such remote conditions. Moreover, look for a candidate who can adapt to different roles when required.
Teamwork: The ideal candidate should be a team player as most job roles would need them to be working with specific individuals in a collaborative work environment. So the candidate should be comfortable working in a team.
Effective Communication: The ideal candidate should be able to communicate in an effective and clear manner to avoid any inconveniences. With the work already being remote, chances are that sometimes clarity may be an issue therefore always look for candidates who can voice their opinions effectively and communicate in a clear and concise manner.
Flexibility: The candidates should be flexible enough to align themselves with norms and values for an effective and hassle-free work relationship.
Language Proficiency: The candidate should be able to speak and communicate fluently in English to avoid any sort of communication barrier.
Awareness and Perception: The candidate should generally have a global perception of all the latest developments globally to avoid any misunderstanding within the company. They should be well informed and up to date with the latest methodologies within their field of work while also knowing all current global developments.
By considering these factors, you’ll be able to hire offshore Pakistani employees who will become valuable assets for your organization and drive your company toward success.
Hire Top Tier Offshore Talent with Pavago
Why pay more when you can hire top talent for up to 80% less? At Pavago, we help you hire offshore employees from Pakistan and Latin America, giving your business the competitive edge it needs. But we don't stop there—our $500/year membership covers seamless onboarding, payroll management, legal compliance, and ongoing support, with no extra sourcing or replacement costs.
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