4 Benefits You Will Experience Within a Year After Remote Hiring

Recently, 78% of 669 surveyed CEOs claimed they view remote collaboration as a long-term business strategy. That’s because more and more employees demand the freedom to work from anywhere with flexible hours, and employers adapt to the new normal to attract and retain the best talent.

But it’s not just about appeasing potential hires – hiring remote workers has its own benefits for employers, too! And if you’re at the crossroads of deciding whether or not to hire remote workers, here are 4 reasons why you should go for it.

Reason 1 | No More Talent Shortage

-Our company can’t find an experienced Senior Digital Marketer after six months of recruiting locally. 

-Have you tried to hire from another country?

Remote hiring helps businesses beat the biggest HR pain – talent shortage. Shifting to remote hiring allows employers to eliminate the boundaries of geography and expand the search for potential hires to a global talent pool. With the international talent pool available, employers can cast their nets wider and find the best fit faster than ever.

It’s especially true if your business is in a small town with limited talent or if your business specifics require employees with special skills and qualifications. In this case, posting your job announcement on remote job boards and virtual networks is the way to go. Instead of choosing from a small pool of local candidates, you’ll have access to hundreds and thousands of remote workers worldwide.

If you want to avoid the hassle of onboarding someone from abroad, delegate it to the remote hiring agency. In exchange for the reasonable fee, they’ll take care of the paperwork, figure out the local labor laws and deliver a fully compliant remote hire to you.

How to choose the best remote hiring agency for your business? 

 

Reason 2 | Less Hiring Costs

You hire and onboard new employees in the hope they will generate more profits than they cost. But that’s not always the case due to a high turnover rate, expensive hiring costs, etc. So, it’s in your interest to minimize the hiring cost and maximize the return on investment. 

When hiring from your local country, you have to accept the industry standard rates for new hires; there’s little room to negotiate lower wages with the potential talent when everyone around pays more.

However, when you choose remote hiring, you can set up a worldwide search for the most qualified professionals from countries where living costs are much lower.

Remote Work

This way, you’ll be able to find the most talented professionals for a fraction of the cost. Plus, when you hire from abroad, you don’t have to pay relocation costs or office rent – they will work remotely. 

Pay 40% Less to Employees Than Before

If you’re working in IT, Marketing or you have a startup in any field in Europe, we can bridge you with professionals in the Caucasus who charge around 40% less than you’d pay for similar talent in Europe. 

Collab Fabrik – a Germany and Armenia-based remote recruitment agency, can help you find the ideal remote workers for your business from Armenia, Georgia or other countries in the Caucasus. 

We will handle everything from onboarding to payroll management, so you don’t have to worry about paperwork or labor law compliance. Plus, we guarantee quality — all our candidates undergo a strict vetting process before becoming available for hire.

Reason 3 | More Diversity – Better Solutions

Many employers demand their employees start thinking outside the box and coming up with creative solutions to problems.

OK, but it might not be easy to break “the same thinking cycle” when all your employees are from the same country, with similar backgrounds and experiences. 

When all your employees are from the same country, they often share similar backgrounds and outlooks, (usually) limiting your team’s ability to make breakthroughs. But mix them with a remote employee from a different country, culture and way of thinking, and see how a collapse of barriers and perspectives leads to better solutions. 

Remote Team

Recent stats show diverse teams deliver 60% in  better results, which, according to a Harvard Business Review, is because diversity in the workplace makes team members question their assumptions and keep their biases in check (read more benefits of remote hiring).

 

Reason 4 | Lower Employee Turnover Rate

Finally, in the era of troubling employee retention rates, where employees come and go regularly, remote hiring can* help you reduce the employee turnover rate.

Why? 

Firstly, a fully remote work setup is still a luxury in many countries. Though the world discusses the inevitable transition to remote or hybrid workstyle in the near future, many companies still lack the infrastructure and resources to make it happen.

This means an employee that is offered a full-time, remote job does not have many opportunities to switch to another job. So, offer that rare opportunity to the right candidate and they might stay with your company much longer.

Second, remote jobs decrease many stress factors that usually cause employee burnout – long commutes, monotonous routines, lack of flexibility, etc. This means remote workers are more likely to stay motivated and focused on their work for a more extended period and less likely to reach the state of burnout and give up.

So, a global talent pool can bring fresh ideas and solutions to your business, which is something you need to grow and stand out from the competition.

 

To Wrap Up

Remote hiring can initially seem complicated and overwhelming, but if you do it right, the rewards can be substantial. If you can find, onboard and maintain the right talent from abroad, you’ll reduce your costs and appear as an attractive employer to potential workers from many countries.

We can help you put it together!

At Collab Fabrik, we have already helped more than 10 Europe-based companies find the perfect remote talent from the Caucasus. Our offices are located in Germany and Armenia, allowing us to be closer to our clients and candidates while providing a bridge between the two cultures.

We can assist you with legal compliance, payroll and administrative management, so you don’t go into this alone.

Contact us for a free consultation on benefits of remote hiring!