So, your company is looking to hire a data engineer for a new project. Surely, the easiest and quickest way to find candidates is to post an advert on Indeed or Seek and then sift through a few resumes from local candidates? Well, this might seem like a straightforward solution, but as of 2024, 48% of companies currently look to hire an international workforce rather than hiring locally - and by looking further afield, these companies are accessing a global talent pool with a widely qualified skill set and even better cost solutions.

Hiring managers have discovered that broadening their search helps them to find equally qualified candidates, from diverse backgrounds, that not only come with even better cost solutions, but create a multitude of ongoing benefits for the hiring company, the individuals they hire, the teams they join and even the wider global community.

So while hiring locally might be considered the easier and more traditional route - here are three reasons why companies looking to broaden their productivity and perspective should expand their hiring globally:

You can save 60% of your hiring costs

We’ll start with a significant, unquestionable advantage: it can save you more than half your costs.

The annual salary for a data engineer in Australia is around 208,500 AUD (not to mention other fees like recruitment and onboarding costs). Meanwhile, hiring a data engineer with the same degree and experience level from the Philippines costs about 108,072 AUD, including all recruitment, onboarding and management fees. This internationally-focused solution not only saves a huge amount of money, but also comes with an external support team covering roles like HR, Client Success Manager, and IT support, a team that is always on hand to help support you and your new recruit around the clock.

You can bring additional skills, perspectives and work ethic to your team

Countries like Vietnam and the Philippines boast workforces renowned for their dedication, talent and strong work ethic. The working culture in these countries, combined with the knowledge we have at Sharesource on how to find the very best candidates, means your new team member will not only add a new culture and perspective to your team, but will consistently meet deadlines, make the most of their new role, and dedicate themselves to the pursuit of their objectives as well as the company mission. 

After 10 years of expertise in matching candidates with meaningful roles across these countries, we have seen the incredible ability that team members in Vietnam and The Philippines have to adapt to new work environments and deliver quality work. It’s partly this skill that has made these professionals so highly sought after worldwide.

You can create positive impact for people from developing countries

Offshoring is not only about saving money and broadening your talent pool, this approach also does the global community a huge service: by providing meaningful work to qualified, smart people who might not have otherwise have access to equivalent job opportunities in their own countries.

With delivering ethical offshoring as a core driving principle at Sharesource, we ensure that all offshore staff are paid above minimum wage, enjoy good employee benefits, and are provided with meaningful, challenging work to help them grow professionally. By offshoring, you become part of our impactful journey to democratise opportunities for talented, creative, smart people no matter where they are from.

So, while some companies will always play it safe and continue to hire locally, why not explore a different path? A path that can help scale your teams more efficiently, access significant cost savings, and collaborate with individuals who have exceptional work ethic and a bright, new perspective on things.

Your perfect new team member might just be an ocean away, so let us help you make it happen. 

Find out how we deliver ethical offshoring for our partners

• Sharesource and TechConnect
• Sharesource and Right At Home
• Sharesource and Cardihab