Top 5 Reasons for Outsourcing to Nepal
Outsourcing is always a growing and booming industry. As communication technologies improve faster, more countries are trying to off-load some of their business functions to teams worldwide. Often, they outsource services such as marketing, customer service, and manufacturing. Of course, the most common service being outsourced is anything connected to IT. This is especially true as more outsourcing countries focus on developing their workforce for IT-related jobs – one of which is Nepal.
Nepal is known as the home of Mt. Everest, a peak in the Himalayan mountain range and the highest mountain above sea level in the world. As a result, the country gains an influx of visitors who aspire to reach the peak of Everest. Aside from these climbers, the country also receives a steady stream of companies hoping to outsource to Nepal. Throughout the years, Nepal has created a competitive outsourcing industry that continues to grow.
For companies looking to outsource, Nepal might be the right fit for your business. Read below on the reasons why you should consider this amazing country.
1. Skilled Workforce
Almost 60% of the current Nepalese population are exceedingly comfortable with technology and have careers that utilize them. With the country focusing on an IT-related curriculum, Nepal’s young and vibrant workforce is equipped with digital skills for their future careers. Most of these skilled individuals often go into the outsourcing industry to lend their services to companies that are in need of them.
2. Growing IT Industry
According to various studies, Nepal is on track to have a growing information and communication technology (ICT) sector. Infrastructure development is also a priority to support of IT-related services. There are also policies and economic reforms underway to ensure that the citizens of Nepal have access to the internet and better technologies. Their education system also incorporated vital ICT skills to give students the skills they need for their digital careers.
3. Inexpensive Salary
Most companies wanting to outsource their business functions to Asia would often find it more affordable. Nepal, like other outsourcing countries, offers inexpensive rates as their living standards are lower compared to other countries. The average minimum salary of a Nepalese employee could only total up to $167 per month.
4. Ideal Time-Zone
Companies should also look at the timezone the outsourcing country operates in. Nepal is in a different time zone than Western countries and is in a good position to offer various services because of this. Employers can leave work for the third-party team before they clock out and find the work done when they come back the next day. The Nepal outsourcing industry also offers 24/7 services to facilitate concerns and give responses to clients who are calling outside of the usual working hours.
5. Remote Working
The rise in post-pandemic job opportunities also gave way to a culture of remote working. Seeing the potential of this new way of work, a lot of Nepalese have started working this way. A lot of companies have also helped increase the internet reach – even in rural communities – to find and cater to skilled workers in different parts of the country. Thus, their workforce will be happier and healthier and eager to work with you even outside the office.
Outsourcing to Nepal
Nepal has a steady presence in the outsourcing industry. Even outside the spotlight, the country has grown and has pushed for more investments in high-quality infrastructure, IT-focused education, and wider internet reach to equip its citizens with the skills and resources they need for this new digital age. As a result, we are seeing a Nepalese workforce that is better prepared to work under global standards.
Curious about the opportunities you have when you outsource to Nepal? We are happy to answer any questions you may have. Book a free business consultation with Outsource Asia today.