Romania, along with many other European countries like Poland, Ukraine, etc., is gaining popularity as a convenient hub for businesses to outsource their tasks and operations. Anyone who owns an organization and thinks that there are some services and tasks that are better outsourced to a third party, then Romania can be the perfect place for you to find a reliable contractor.
However, before outsourcing Romania, it is essential for you to know its benefits and also some of its risks, as it will help you determine if outsourcing to this country will suit you or not. In this article, we will assist you with the same. Keep reading.
Understanding Outsourcing
Before we jump into the pros and cons of outsourcing to Romania, let’s first understand what outsourcing exactly means.
In the simplest terms, outsourcing is a business practice in which an organization hires a third party to complete their services or other business functions. This business practice is one of the finest ways for a company to expand its overall global reach and effectively complete its operations.
A company can outsource many business functions; however, some of the most common ones that you can outsource in Romania include Software Development Outsourcing, Knowledge Process Outsourcing, and Business Process Outsourcing.
What Are Some Benefits and Risks Of Outsourcing To Romania?
Benefits
Here are some of the best benefits that you will get if you choose to outsource some of your organization’s operations to Romania.
Extremely Talented Workers
Romania consists of highly skilled employees who have the ability to complete the tasks of your organization efficiently. This statement is not made out of the air but is backed by concrete facts. For instance, in 2020, Romania ranked 20th for having the best programmers. And, Rinf.Tech states that Romania has the top five technical universities and produces the highest per capita technology in Europe.
Hence, if you decide to outsource some of your business’s operations, you will have a strong and talented team supporting you and bringing you new ideas that will take your organization to the next level.
The Multilingual Culture
In general, the primary language of the country is Romanian, but you can easily find a great number of people who can speak many other languages, such as English, German, French, etc. This is one of the best advantages as it will allow smooth communication between the teams and build good business etiquette.
Cost Effective
One of the biggest advantages of outsourcing to Romania is that it will help you save a lot of money, as the hourly rates of Romanian workers are comparatively low. According to the sources, it is mainly because of the country’s economic condition and low cost of living.
It will generally cost you between $15 to $25; however, please know that the exact rate can vary depending on numerous factors like qualifications, overall experience of a worker, and many more.
A Reliable Nation To Work With
Romania is a growing country, and much development has been seen there in recent years. For example, in 2007, the country became a member of the European Union, which made it quite easy and reliable to do business with them. Currently, Romania has a stable economy, numerous technological advancements, a strong education system, and much more that make it one of the safest and most beneficial countries to work with.
Risks
Besides all of the amazing benefits, there are also some risks that you must be aware of before you outsource to Romania. Here are some of the main ones:
Might Be Shortage Of Skilled Workers
Even though Romania has many amazing and skilled workers, there is still a shortage that has been reported by numerous entrepreneurs. You may be surprised to know that 52% of entrepreneurs experienced a monetary loss due to the lack of skilled workers, which totaled around $7.8 billion.
The shortage of workers is due to numerous reasons, such as the aging of the working population, Romanian people migrating to Western countries, etc.
Less Transparency and Communication Issues
As an organization, when you outsource work to Romania, you will likely experience communication issues. Because most of your communication will be done through text messages and emails, which are more prone to be miscommunicated and misinterpreted.
You will also find it challenging to monitor your tasks properly as the team is not working directly under you. There will be less transparency, which may also cause trust issues. However, to cope with this problem, you can utilize numerous tools available in the market that will help you assign tasks to the employees and also track how productively they are actually working.
Time Zone Differences
Another main challenge you may experience when working with Romanian workers is the time zone difference. It might not be a big deal if you belong to the neighboring country of Romania. But, if you are residing in the USA, the time difference can be 7-10 hours. This is likely to cause ineffective cooperation between the teams.
However, as an organization, you can easily overcome this risk by using effective management tools, having a highly organized workflow, and regular meetings.
Final Thoughts
So, that was all you needed to know about outsourcing to Romania. It is known to be one of the best Eastern European countries that can help you accomplish the tasks of your organization in the best way possible—thanks to the highly skilled and cost-effective employees they have. However, outsourcing to Romania also has some challenges, but they are easily overshadowed by the benefits that it brings along.