Nearshore Resourcing Case Study : BULGARIA
Overview Of Global IT Outsourcing
Current Challenges & Nearshore Opportunities
Pressing Issues In The IT Outsourcing Across The Globe
The Global IT outsourcing market has been growing exponentially in the past two decades. The APAC region has been the market leader historically. In recent years however, customers are looking to diversify their workforce and overcome some of the main challenges of talent acquisition and retention from this region. Some of the most common being:
- High Turnover
- Ghosting
- Time zone differences
- Work from home culture
- Language and cultural barriers
- Dependency on Single location
- ID Frauds
- High Turnover
- Ghosting
- Time zone differences
- Work from home culture
- Language and cultural barriers
- Dependency on Single location
- ID Frauds
The Case For Bulgaria Country Overview
- Bulgaria is an East European state
- The country is a member of the EU
- Established parliamentary and legal system
- IT sector is the leading industry
- Annual turnover in 2024 was 10bil.
- Average growth production is 7% per.an.
- Over 150k work in the IT industry
- Over 70% of the IT companies focus on outsourcing
- Legacy in gender equality
- Over 30% of workforce are female
- English is the used language for IT professionals
- German common second language
The Case For Bulgaria – Key Consideration
Skilled Technical Workforce
- Strong Focus on STEM Education
- Diverse Technical Expertise
- English Proficiency: A high level of English speaking among IT staff
Cost Efficiency
- Competitive Rates: Lower Labor Cost compared to Western Europe
- Cost Efficiency: Beside Operational Expenses like office space, utilities and taxes are also affordable
Time Zone Alignment
- Strategic Location: Bulgaria Operates in EET making it perfectly aligned to most European countries.
- Diverse Technical Expertise
- Overlap with Global Economies
Political & Economic Stability
- EU Membership
- Stable Economy
Low Turn over & Easy Hiring Process
- Talent Availability
- Fast Onboarding
- Low Turnover
Why Choose Us
High Quality Resourcing
We pay upper quartile wages and look after our people
Zero Hassle
We look after everything for you under the day rate
Flexibility
Most skills available for flexible terms of engagement
Client Focus
A client partner will be assigned to focus and advise on your needs
How It Works
There is no contracting market in Bulgaria and permanent employment is the norm. We offer competitive man-day rates to our UK clients but manage the resources as permanent employees of a Bulgarian company.
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UK Customer engages with TAU-GEN UK on a man-day rate basis
TAU-GEN UK pass the requirement to TAU-GEN Bulgaria, who conducts a recruitment search
Approved candidate signs permanent employment contract with TAU-GEN Bulgaria
How IT – Works
There is no contracting market in Bulgaria and permanent employment is the norm. We offer competitive man-day rates to our UK clients but manage the resources as permanent employees of a Bulgarian company.
01
UK Customer engages with TAU-GEN UK on a man-day rate basis
02
TAU-GEN UK pass the requirement to TAU-GEN Bulgaria, who conducts a recruitment search
03
Approved candidate signs permanent employment contract with TAU-GEN Bulgaria
Let’s Get In Touch
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