Hiring software engineers has become one of the most common hirings around. No matter which industry you take, there is a tech element to it, either done in-house or outsourced. Be it financial, or hardcore IT needs, software development and Information Technology the world over have exploded in a little over three decades since Microsoft launched. There was no looking back, and the foundation laid out a pretty swift trend of IT adoption.
Since then, several computer scientists developed and learned coding and different languages to support this boom in the IT sphere. While languages and coding have come a long way since then, there is plenty more to explore where new developments are constantly happening at an exponential rate.
This is why when you decide on hiring software engineers, it is utterly important to pave a way that ensures a smooth, hassle-free, and reliable path. No one wants to have a job vacancy that remains open, because the right candidate has not yet applied, or hire out of desperation and end up with less than a resource.
5 ways you can change your life
If you decide on embarking on the journey of remote hiring of software engineers here are the ways you could benefit
1. Have more for less
Simply put, the more you broaden your hiring horizons, the more you expand your talent pool and search. Once the pool expands, it is likely that you could find the talent that best matches your requirements.
Furthermore, you could potentially hire at a lower cost, without even exploiting the hired talent. It is because, once you cross borders, you also cross stringent tax laws, and you can leverage wage differentials as well as exchange rates, which makes hiring all the more lucrative. Two engineers with the same background in skills, years of experience, and other qualities in America and say Pakistan, would cost a company very differently to hire.
The American talent would demand a wage in USD while the Pakistani would earn in PKR. This vast differential makes hiring someone from a relatively inexpensive region highly attractive, without even having to compromise on the skill level if not better.
2. Less attrition
One of the biggest fears of any stable company is to bleed good talent. No company wants to lose a strong candidate to its competitors. Hiring, training, and retaining talent is one of the biggest challenges a company faces – especially after COVID.
This is because a lot of workers have understood that the need to be in the office constantly, is only made-up. There is absolutely no reason a worker cannot work remotely and at ease from just about anywhere in the world. When data points were (and are still) being analyzed, productivity and employee satisfaction, among several other levels, have significantly risen, while the cost of working – which includes spending on office attire, commuting and food – have all gone down.
All this has led to workers realizing that they prefer to work remotely just like Gaper, as they have the freedom of movement, with the comfort of a stable income. Any company that either forces their employees to return to the office, or does not offer the freedom of remote work, either loses its good talent to competitors who offer this perk, or do not attract strong candidates to fill vacancies.
3. Productivity survey
As already mentioned, productivity was boosted during the time everyone had to work remotely.
Indeed conducted a survey of managers, directors, and C-Suite executives to analyze whether their productivity increased, decreased, or remain unchanged. 72% of the companies reported they saw a productivity boost, 25% said it remained unchanged while only 3% stated the productivity went down. This clearly shows, that while remote employment was not for everyone, there was a clear consensus that growth was experienced by a majority of companies.
4. Lower rentals and other operating costs
With the bulk of employees working from home, companies either downsized or completely stopped leasing office space as they saw no need to pay high rentals to office blocks. Some only rented co-working spaces when in-person meetings were absolutely needed. Electricity bills were also significantly cut down and other miscellaneous expenses also saw a huge decline. This considerably lowered the operating costs of companies, thereby increasing net profit.
5. Less pollution
Whether it was air-conditioning or the CO2 emissions of thousands of cars, Planet Earth was able to breathe well for the first time in so many decades. Without the exhaust fumes belching out of cars or burning depleting fossil fuels, the pandemic at least made us realize just how badly we are damaging the environment by our everyday activities, which can easily be limited.
To conclude: Is freelance software development worth it?
With all the ways shared above, if it does not elucidate the point that it is definitely worth having freelance software development, then nothing can convince someone of its worth and import.
It is high time that companies did away with their archaic notions of hiring and staying stuck in the age-old adage about micromanaging and being in the office is best for productivity, had it been the case, surveys and data points would have indicated as much. The fact data itself has negated so many myths about remote employment, that employees are no longer willing to be manipulated into agreeing to these wrong notions.
The future of employment is remote. It is the new normal. It is a win-win situation for all. The faster companies accept and adopt this, the better for them, otherwise, they would fast become bygones and overrun by more tech-savvy and suave companies who know how to harness the positives to their full advantage.