Virtual employee does not have the pressure of relocation, and the employer gets a value proposition that potentially increases the profit margin.(Shutterstock)
Virtual employee does not have the pressure of relocation, and the employer gets a value proposition that potentially increases the profit margin.(Shutterstock)

How virtual employees are better than offshore freelancers

The recruitment industry has created the concept of the Virtual Employee. The aim is to drive a business model that is lean and result oriented.
By Yogita Tulsiani
UPDATED ON OCT 01, 2019 05:16 PM IST

Technology has prompted the utilization of resources that are unconventional but effective in the modern business model. Every entrepreneur has a goal to recruit the best fit at the lowest cost. The staffing solutions are designed today as a collaborative and synchronized with the purposes of the employer. The employee has no geographical boundaries and can be present anywhere in the world if found to be the right fit and can contribute positively.

The recruitment industry has created the concept of the Virtual Employee. The aim is to drive a business model that is lean and result oriented. The company looks to gain an employee who possesses niche skills and talent and has handled a similar profile and skills required to perform the requisite role. The employee does not have the pressure of relocation, and the employer gets a value proposition that potentially increases the profit margin. The organization gets personnel who fill niche skill-set gaps in any geography across the globe.

The need for training and infrastructure is low in the case of Virtual Employees. The on boarding lifecycle is minimized, mitigating downtime, and maintaining business relevance. This is particularly effective in the technology sector, where skill relevance and advancement is a significant consideration.. The employer gets immediate access to a talent pool that can be replenished from any corner of the world at minimum overhead cost. The cost of infrastructure like space, hardware, and other facilities is reduced significantly while employer leverage remains the same. Studies have proven that a business can save up to $20000 per annum on each virtual recruit and contain costs.

Remote employees use collaborative communication tools like Skype, Zoom, and the like to communicate. The natural impediments, like local political or weather conditions, have no significant adverse effect on productivity. Studies show that virtual resources take fewer leaves and work longer hours. Relevant studies show that Virtual Employees are more effective as they have no commute and increased flexibility. The innovation allows freedom to employees to enjoy a better work-life balance. This reduces stress and promotes higher job satisfaction levels. They have access to all the benefits and superannuation that a regular employee gets and that aids retention.

The virtual employees are integral to the workforce and share the same KPI’s and SLA’s as other employees. The company stands to avail around-the-clock service as different locations may allow time zones that are a perfect fit to cater to global perspectives. The accountability quotient is much higher when the employee is sustained on the payroll and is not a freelancer. Technology can track productivity and job completion targets, making supervision seamless. Most virtual resources are contractual, and that also keeps legal hassles to a bare minimum.

The virtual employee dedicatedly works for the organization and has specific work timing and targets. Freelancers are often used as stop-gap measures and can only give time as and when their work commitments allow. The employee is more likely to have a lower turnaround time to respond and act. The dedicated employee can be trained to manage tasks as per company guidelines, but freelancers are not generally available for organization-specific jobs.

The employer has complete control of the resource and can leverage the same to get better results. The strategy can be to hive off non-core tasks or highly technical jobs to virtual workforce to get tactical jobs completed with minimal hassle. The employee understands that with all the perks of working locally in a global perspective, they are required to provide quality work. Revenue is enhanced automatically.

Creating opportunities in remote locations allow local talent to access global platforms. More qualified candidates can be accessed without location barriers, and this effectively widens the available pool. The saved costs can be productively channelled into employee satisfaction measures and product development which results in a truly global and capable workforce.

{Author Yogita Tulsiani is MD and Co-founder, Ixceed Solutions (Global Tech-Recruiter Provider). Views expressed here are personal.}.

SHARE THIS ARTICLE ON
app
Close
A member of the panel who attended the meeting said recommendations had been made for arrangements to conduct offline exams on campus by following Covid-19 precautionary norms in colleges primarily in rural areas where connectivity was an issue or where students had no mobile phone or desktop available .(Getty Images/iStockphoto/For representation)
A member of the panel who attended the meeting said recommendations had been made for arrangements to conduct offline exams on campus by following Covid-19 precautionary norms in colleges primarily in rural areas where connectivity was an issue or where students had no mobile phone or desktop available .(Getty Images/iStockphoto/For representation)

IIFT- MBA 2021 admit card released at iift.nta.nic.in, here's how to download

By Nandini
UPDATED ON JAN 16, 2021 03:37 PM IST
  • The National Testing Agency (NTA) on Saturday released the IIFT-MBA (IB) admit card for the session 2021-23
Close
SAV class 6th prelims result to be declared today(HT file)
SAV class 6th prelims result to be declared today(HT file)

Simultala Awasiya Vidyalaya class 6th prelims result 2021 to be declared today

By Nandini
PUBLISHED ON JAN 16, 2021 01:26 PM IST
  • Bihar School Education Board will on Saturday declare the Simultala Awasiya Vidyalaya (SAV) class 6th prelims entrance exam result. Candidates who have appeared for the SAV class 6th prelims entrance exam on December 17 will be able to check their results online at secondary.biharboardonline.com
Close
UPPCL JE Recruitment 2021(HT File)
UPPCL JE Recruitment 2021(HT File)

UPPCL junior engineer recruitment 2021: Application process to begin from Feb 3

By Nandini
PUBLISHED ON JAN 16, 2021 12:13 PM IST
  • UPPCL JE Recruitment: Uttar Pradesh Power Corporation Limited (UPPCL), department of energy, UP has released a recruitment notification for the post of junior trainee engineer (civil). There are a total of 21 vacancies.
Close
UPPSC PCS Main 2019 result out
UPPSC PCS Main 2019 result out

UPPSC Calendar 2021 released, check key dates of all recruitment exams here

By Nandini
PUBLISHED ON JAN 16, 2021 11:19 AM IST
  • UPPSC Calendar 2021: Uttar Pradesh Public Service Commission (UPPSC) on Friday released its UPPSC Calendar 2021 PDF on its official website at uppsc.up.nic.in.
Close
JEE Advanced 2021 to be held on July 3(PTI)
JEE Advanced 2021 to be held on July 3(PTI)

JEE Main 2021 application window closing today, here's how to apply

By Nandini
PUBLISHED ON JAN 16, 2021 10:06 AM IST
  • JEE Main 2021: The online application window for Joint Entrance (Main) Examination 2021 will close on Saturday, January 16. Aspirants who have not yet submitted their application forms can apply till 11:59 pm on Saturday at Jermain.nta.nic.in.
Close
CBSE on November 7 concluded the second phase of the Jawahar Navodaya Vidyalaya Selection Test.(HT file)
CBSE on November 7 concluded the second phase of the Jawahar Navodaya Vidyalaya Selection Test.(HT file)

BSEB Bihar Board inter admit card 2021 released, here's how to download

By Nandini
PUBLISHED ON JAN 16, 2021 09:31 AM IST
  • Bihar Board inter Admit Card 2021: Bihar School Examination Board (BSEB) on Saturday released the admit card for class 12th board exams 2021 on its official website.
Close
Coronavirus vaccines(Reuters)
Coronavirus vaccines(Reuters)

Provide free vaccines for students, Indian National Students Org to Haryana CM

ANI
PUBLISHED ON JAN 16, 2021 09:06 AM IST
Indian National Students Organisation (INSO) president Digvijay Singh Chautala wrote a letter to Chief Minister Manohar Lal Khattar today, demanding free vaccines for students of the state.
Close
IIMC New Delhi
IIMC New Delhi

SC allows IIMC to chop 29 trees for construction of new building

PTI
UPDATED ON JAN 16, 2021 09:03 AM IST
The Supreme Court has allowed the Indian Institute of Mass Communication to cut 29 trees for construction of a new building for the academic and hostel blocks as also a guest house subject to the Central Empowering Committee's (CEC) conditions
Close
Bihar board intermediate admit card to be released tomorrow(HT File)
Bihar board intermediate admit card to be released tomorrow(HT File)

Bihar Board 12th intermediate admit card 2021 to be released tomorrow

By Nandini
PUBLISHED ON JAN 15, 2021 08:22 PM IST
  • BSEB Class 12th Admit Card 2021: Bihar School Examination Board (BSEB) will on Saturday release the admit card for class 12th board exams 2021 on its official website seniorsecondary.biharboardonline.com.
Close
The Staff Selection Commission (SSC) on Friday announced the results of the Combined Higher Secondary Level (CHSL) Tier-1 examination 2019.(HT FILE)
The Staff Selection Commission (SSC) on Friday announced the results of the Combined Higher Secondary Level (CHSL) Tier-1 examination 2019.(HT FILE)

SSC CHSL 2019 Tier 1 result declared, check list of qualified candidates

Edited by Nilesh Mathur
UPDATED ON JAN 15, 2021 08:22 PM IST
  • SSC CHSL Results: Candidates who have appeared in the SSC CHSL Tier 1 exam 2019 can check their results by visiting ssc.nic.in.
Close
West Bengal Police recruitment board has declared the final writen examination result of exam for recruitment to the post of constable in West Bengal police 2019.(Getty Images/iStockphoto)
West Bengal Police recruitment board has declared the final writen examination result of exam for recruitment to the post of constable in West Bengal police 2019.(Getty Images/iStockphoto)

SSC CHSL Result 2019 for tier 1 exam declared at ssc.nic.in, 44k candidates pass

By Nandini
UPDATED ON JAN 15, 2021 08:34 PM IST
  • Staff Selection Commission (SSC) on Friday declared the Combined Higher Secondary Level (CHSL) tier 1 exam result 2019 and cutoff marks on its official website-ssc.nic.in.
Close
According to the survey, the national capital has an unemployment rate of 16.25%.(Reuters file photo)
According to the survey, the national capital has an unemployment rate of 16.25%.(Reuters file photo)

Delhi's unemployment rate 16.25%, nearly 10% children out of school: Govt survey

PTI
PUBLISHED ON JAN 15, 2021 07:50 PM IST
The survey titled "Socio-Economic Profile of Residents of Delhi" was conducted between November 2018 and November 2019 and covered 1.02 crore people in the city.
Close
Balaji Baburao Jadhav (35), who hails from Sangavi village under Renapur tehsil of Latur district in central Maharashtra, has been selected for the Honey Bee Network Creativity Inclusive Innovation Award 2020.(Getty Images/iStockphoto/For representation)
Balaji Baburao Jadhav (35), who hails from Sangavi village under Renapur tehsil of Latur district in central Maharashtra, has been selected for the Honey Bee Network Creativity Inclusive Innovation Award 2020.(Getty Images/iStockphoto/For representation)

Maharashtra educator gets award for novel teaching method in lockdown

PTI
PUBLISHED ON JAN 15, 2021 06:24 PM IST
Maha educator gets award for novel teaching method in lockdown
Close
A total of 13,227 students have shifted from private schools to government schools in Hisar, followed by 9,798 in Faridabad, and 9,589 in Bhiwani.(HT File)
A total of 13,227 students have shifted from private schools to government schools in Hisar, followed by 9,798 in Faridabad, and 9,589 in Bhiwani.(HT File)

Himachal schools to partially open from February

PTI
PUBLISHED ON JAN 15, 2021 05:32 PM IST
Classes 5 and 8-12 in schools in the plains that have summer vacations will open from February 1, while those in the hilly areas having longer winter vacations will start February 1.
Close
IGNOU
IGNOU

IGNOU January 2021 session re-registration deadline extended till Jan 31

By Nandini
PUBLISHED ON JAN 15, 2021 05:17 PM IST
  • Indira Gandhi National Open University (IGNOU) has extended the deadline for re-registration for January 2021 session till January 31.
Close
SHARE
Story Saved
OPEN APP