Sonatafy Technology

  You’ve probably heard about outsourcing, but do you know what  nearshore   staff augmentation  is Outsourcing is the practice of obtaining goods and services from an outside or foreign supplier, sometimes those goods and services are teams. Companies use outsourcing when there is a lack of labor or when the cost of that labor might be too high. Nearshore   s taff augmentation  refers to an outsourcing strategy to hire employees abroad and manage them as your team. This is a common practice when hiring specialized IT engineers, software developers, manufacturing, QA’s, call centers, etc. Staff augmentation  is a hybrid between outsourcing and a full-time in-house employee, combining the best of both, on the one hand, you’re reducing hiring costs and time and on the other hand, you have the perks of adding a fully prepared and skilled employee adding value to your project.  Staff augmentation  also allows you to customize teams according to t...

Cost of Time: We all intuitively understand the reality of that saying, and we live it every day.  It’s that precious commodity that slips past us and can never be retrieved.  For organizations that are seeking to fill out their IT development shops, a key statistic is that it takes on average 45 – 60 days to fill a new position. Then there is the time it takes a team member to come up to speed on the specific project and the development practices.  That’s time and opportunity that can’t be recovered. Whether an organization uses external or internal talent acquisition the cost of finding and hiring the right technical IT professional can have direct costs of $25K per resource in recruiting, screening and interviewing.  Now add the opportunity cost during the time that this position was unfilled, and the total cost of talent acquisition can exceed more than $50K. Here’s another sobering thought:  The average employee tenure is below 6 years, and 20% of new hires...