Building the right IT team is important, especially when just a few minutes of downtime could damage your reputation and bottom line. Today’s digital business world moves at breakneck speed and demands high performance and reliability. This means that choosing the right IT team is a critical decision.
The Pros and Cons of Outsourcing
Outsourcing also makes financial sense for a number of reasons. Using an outsourced IT team or individual specialists saves on full-time salaries, office space costs and energy costs. These overheads, especially in areas where the cost of office space comes at a premium, can be high, so many businesses will welcome the savings outsourcing brings. A business will usually also save on equipment and tool costs, as the outsourced contractor will bring their own or include equipment costs in their overall fee.
There are also in-house costs to consider that may not be so apparent or that are specific to the individual employee. Training costs, for example, can run into thousands of dollars per year per employee. Spread over the year or absorbed into the overall HR budget, these costs may not be so obvious at first glance. Using an outsourcing company, on the other hand, will give you the flexibility of selecting the skillsets you need when you need them, and all without eating into your training budget. Better still, a good outsourcing company will ensure that their teams are up to speed with the latest innovations in hardware and software.
However, there are disadvantages of using contractors over full-time staff, and these can be obvious from the start. The hourly rate for a contractor will likely be much higher than that of an in-house member of staff. You will also need to invest time in choosing an IT team that is affordable, trustworthy and on hand whenever they are required.