Is it cost-effective to hire offshore developers compared to local talent?

The question is about Offshore

Answer:

Yes, it is often cost-effective to hire offshore developers compared to local talent. Offshore developers usually come from lower labor cost regions, so companies can hire skilled professionals at a fractional cost compared to recruiting in their region. This can really bring down salaries and overhead expenses considerably. Also, companies don’t need to care about employee benefits, and paid vacations.
Offshore developers ensure cost reduction, but the overall effectiveness depends on strong management and clear communication to ensure the quality and timeliness of deliverables.

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