Due to the pandemic, many businesses have been forced to reassess their staffing requirements. Business owners have observed that the traditional office-based work setup was insufficient for dealing with current demands and increasing costs associated with operating in this environment. While the shift to a virtual workforce was not too far off for many businesses, the pandemic expedited the need for a remote work setup.
It’s still too early to tell which staffing solution works best, but it’s crucial to understand how virtual staffing impacts businesses and staff before making a decision. This article will discuss how hiring and managing a virtual team benefits businesses looking for a more stable and scalable staffing solution without sacrificing production levels.
What is Virtual Staffing?
Virtual staffing refers to hiring employees who work completely from a remote location, such as their home office or a coworking space. This work arrangement has become increasingly popular in recent years as technological advances have made it easier for employers to connect with top talent from around the globe. In addition, the COVID-19 pandemic also pushed many businesses to adopt this staffing model out of necessity, as traditional office spaces have become increasingly expensive and inconvenient.
To give you a clearer picture of what a virtual staffing model looks like, imagine you are a startup in the United States wanting to extend your reach on various channels or platforms. Believe it or not, you can achieve this goal by assembling diverse and experienced team players physically located in different countries.
Aside from lower labor costs, this staffing arrangement gives companies different professional perspectives and insights that can help them grow. But unfortunately, some business owners are hesitant to change the way they do things because they lack knowledge or have become too comfortable with the status quo. If you find yourself in this boat, maybe it’s time to consider shifting to a virtual workforce.
5 Ways Virtual Staffing Can Help Your Business
Virtual staffing has certainly helped many businesses unlock their full potential. It offers many benefits, including increased flexibility, lower overhead costs, and accessible talent from around the globe. Here are the five ways virtual staffing can satisfy your business’ growing needs:
Virtual staffing cuts costs and allows you to invest in other business areas.
As a business owner, you must always find ways to cut costs without compromising quality. A virtual staffing model allows you to do away with expensive office spaces and unnecessary overhead costs. Instead, you can invest in marketing or product and service development. Working with virtual staff is a great way to make your business lean.
Remote work can improve your team’s productivity.
Many employees claim that working remotely allows them to be more productive. Many factors can contribute to this, including the ability to design custom workflows, have more control over your environment, and eliminate distractions.
Overseas remote staffing emphasizes diversity, equality, and inclusion.
A diverse workforce requires you to become open-minded and consider people from all walks of life. This is one area where virtual staffing has a big advantage. By searching for employees outside your country, you can discover people who have varying talents regardless of their gender, race, or set of beliefs. Nowadays, bigger businesses are more likely to partner with company owners who champion diversity, promote equity, and value inclusion. Consumers are also more inclined to support businesses with various DEI initiatives.
The virtual staffing model is sustainable and designed for the long term.
The traditional 9-5 workday is slowly becoming a thing of the past. In its place is a more sustainable way of working that allows employees to enjoy their work while living their best life. With virtual staffing, you can give your team members the freedom to create schedules without worrying about time constraints and harsh workloads. In addition, research by the Harvard Business School found that happy employees lead to companies with lower staff turnover rates, which saves businesses money in the long run. As much as possible, try to establish a good working relationship with your virtual staff so you can keep them satisfied and engaged with their work.
Virtual staffing keeps you ahead of the competition.
A multicultural team helps ensure your business is ahead of the competition. With a global mindset, you can cover more ground and come up with solutions to address challenges. This would not be easy to achieve if you have employees who think and act alike. Try to build a virtual team of different age groups so you can have a real-time grasp of what they think about your products or services.
Before you fully commit to a virtual staffing model, it’s essential to understand where you are and your needs. Virtual staffing is the way to go if you’re looking for a more cost-effective way to run your business. However, virtual staffing may not be the best solution if your company requires frequent face-to-face interaction. In addition, to enjoy the benefits of virtual staffing, you need to have an organized and well-oiled system to manage your remote team effectively. Nevertheless, if executed correctly, virtual staffing may be the solution that your business has been looking for.
Catherine vanVonno is the President and CEO of 20four7VA, a trusted remote staffing company. She oversees the overall growth and success of the company, leads the short and long-term strategies, and manages the company’s finances. She also directs the management team regarding daily operations, brand management and marketing, client relations, strategic planning, and business development.