Resourcing Possibilities for Growing Tech Teams: Exploring Your Options
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If you ask any of the industry leaders about the biggest bottlenecks, the industry might be facing, the unanimous answer would be leading toward skills shortage. In fact, the commencement of such a catastrophe has already started to take place. If studies are to be believed, there will be a massive shortage of 85 million skilled people by the year 2030, and the worst part is that this number will keep on increasing with time.
This is why, we believe that it is now time for the companies to explore, various facets of resourcing possibilities in order to cater to their scaling tech teams. The options that exist in the market, such as staff augmentation, near-shore, onshore, and offshore should be explored by the companies to make the best pick out of the lot.
This article will act as a catalyst for all those companies that wish to explore various team resourcing options for their growing tech team and will provide you with alternatives that help bridge the skill shortage gap in your company.
Various Resourcing Possibilities for Scaling a Tech Team
If scaling your tech team is an agenda you wish to cover, then shared below are various resourcing possibilities for you to ponder upon.
Staff Augmentation
Staff augmentation involves hiring additional staff members to work alongside the existing team. This can be a great option for companies that need to scale their tech teams quickly. Staff augmentation allows companies to hire staff members on a temporary or permanent basis, depending on their needs.
Here is an example of staff augmentation:
ABC Corporation is a software development company that specializes in building mobile applications. To meet their work deadline, they decide to augment their existing team by hiring additional developers. Now, based on the requirement, they may or may not keep the additional staff on the team.
Onshore talent resourcing
Onshore talent resourcing is the process of finding and hiring a growing team within the same geographical location as the hiring company. It is a tech team growth strategy that emphasizes local talent acquisition as opposed to offshore outsourcing or hiring remote workers.
Let us understand this with the help of an example.
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A software development company based in Houston, Texas, is expanding and needs to hire additional software engineers. Rather than outsourcing the work or hiring remote workers, the company decides to focus on onshore talent resourcing by recruiting local candidates. This approach helps the company develop a strong company culture, foster collaboration, and provide excellent service to its clients.
Nearshore talent resourcing
Coming to the next team resourcing options, Nearshore resourcing is when a company outsources some of its operations or services to a nearby country, rather than a more distant offshore location. The goal of nearshoring is to reduce costs while maintaining close proximity to the company's operations.
An example of nearshoring would be a company based in the United States outsourcing some of its software development work to Mexico, rather than to India or China. By doing this, the company can take advantage of Mexico's lower labor costs while still maintaining a similar time zone and cultural affinity, making communication and collaboration easier.?
Offshore talent resourcing
Offshore talent resourcing refers to the practice of hiring individuals or teams located in a different country or region, typically intending to benefit from lower labor costs, accessing specialized skills or expertise, or expanding operations into new markets.
One example of offshore talent resourcing is the outsourcing of software development work to countries such as India, where there is a large pool of highly skilled software engineers available at a lower cost compared to developed countries. Many companies in developed countries outsource their software development work to Indian software companies or hire independent contractors from India to work remotely.
Offshore talent resourcing can offer many benefits to companies, such as cost savings, access to specialized skills, and the ability to scale operations quickly.?
Conclusion
When it comes to scaling tech teams, companies must explore various resourcing possibilities to find the right fit for their needs. Staff augmentation, nearshoring, onshoring, and offshoring are all viable options that companies can consider when looking to scale their tech teams. However, it all comes with its pros and cons.
The true key to finding the right resourcing possibility for growing tech teams is to consider the company's needs and budget. By exploring the different options available, companies can find the right talent to help them achieve their goals and stay ahead in today's competitive tech industry.
Need help choosing the best match for your growing tech team? Consider reaching out to us at Dataquad Inc. Explore our website to learn more about how we can help you find your dream team.