Lower Costs And Improved Productivity
The most obvious advantage to a company’s bottom line is the savings in office-related expenses. But, another hidden gem is increased productivity when employees are no longer on long commutes. If you hire the right people, you will actually get a better yield on time spent.
A Leaner, Smarter Development Team
While hiring and managing remote developers can be challenging, there is definitely a benefit to the company. You’re able to run a more cost-efficient product development team if you do things right. You’ll also find that a well-run international team brings in new perspectives and can accomplish time-sensitive tasks on a 24/7 basis, helping you get things done at all hours.
Access To A Larger Talent Pool
Remote team members have allowed companies to recruit from a larger talent pool worldwide versus being limited to the geographic location where your offices are located. From an employer’s perspective, by going the contractor route (versus just remote), you pay for only the work being done, instead of a full payroll, while allowing flexibility and freedom within the position.