Ireland is a great choice for outsourcing. Both Ireland and Northern Ireland are rather close in distance to the United States of America, and almost every facet of their culture- from their language to work ethic- is familiar and comforting to American companies. The one factor that does draw people’s eye to is the stiff cost of outsourcing to Ireland.
High Tech Ireland
Largely, companies in the tech field have been the first and most common to outsource to Ireland. Due to the cost of living in Ireland, the breaks in salary are not too far off from that of their American counterparts. One company who decided to remain anonymous on the subject, declared that the Irish counterparts make about two-thirds of their American employees. Despite this slight setback, many companies continue with looking into Ireland as their outsource haven. For a myriad of reasons Ireland is still far more beneficial than India or China.
Companies have traditionally found it necessary to have an easy access to workers in the foreign nations. Ireland is only a short six hour plane ride away from the East Coast of the United States. It becomes increasingly evident this island nation is perfect for many. Another factoid that makes outsourcing to Ireland even better is that the work day in both the US and Ireland largely overlaps. This makes split decisions only a phone call away. This availability to teleconference or have meetings is largely advantageous over countries like China or India which both have a gap of at least 12 hours!
Tax Advantages of Outsourcing to Ireland
The Irish governments have traditionally maintained lower taxes and great tax breaks for businesses. Ireland’s tax rate of a mere 12.5% is the lowest in western Europe, and much lower than that of the United States. The governments of both the North and South have made businesses a primary focus in their economy. The governments have business grants for everything from investment into Ireland to recruiting and personnel training.
Perhaps the strongest selling point is Ireland’s excellent educational system. It continues to churn out the best and brightest talent for all industries within the nation. Companies will not have a hard time filling in positions with knowledgeable staff.
Forget about the negative talk of the IRA and other terroristic occurrences as being common. Since an agreement in 1998, there has only been slight disturbances within the nations. Perhaps the most pertinent fact to be stressed is that the crime rate in both of these nations is significantly lower than that of the United States. Your workers will be extremely safe and out of harm’s way.
Ireland’s Outsourcing Track Record
Ireland is not the cheapest option for outsourcing. In the long run companies which choose to outsource with Ireland have traditionally fared far better than many China or India companies. The broad range of educated talent may present a decently high upfront cost. However the tax breaks and government grants create a paradise on Earth for most businesses. Another perk is that there are no language or significant time gaps between the US and Ireland. Why should a company settle for less than the top talent of excellent workers? Any forward looking company would be wise to pay a little bit more to have top notch quality workers. With the foreign business friendly environment, many companies have relocated entirely to Ireland.
