Overcoming talent retention through nearshore - velv case study

In today's digital age, software development has become an essential aspect of business growth and success. However, finding and retaining skilled software developers can be challenging, especially for companies based in developed countries, where the competition for talent is fierce. This is where nearshoring comes in, as it offers a solution to this problem by enabling businesses to access a pool of talented developers in nearby countries.

One client that benefited from nearshoring a software development team with Velv is a mid-size software company based in the Netherlands, Europe. The company had struggled to find and retain skilled developers due to the fierce competition for talent in their area. Despite offering competitive salaries and benefits, they found that many developers were lured away by larger companies or more lucrative opportunities.

The company's leadership team realized that they needed to think outside the box to find the talent they needed to continue growing. They began exploring nearshoring as a solution and ultimately chose Velv as their nearshoring partner.

Eventually the company decided to nearshore and chose velv as the ideal provider for this. The benefits of partnering with Velv were apparent from the outset. The client was able to access a team of highly skilled developers without the need for a lengthy recruitment process. Velv's team was fully integrated with the client's in-house team, and they worked together seamlessly, providing a cohesive and efficient development process.

Velv's nearshoring model also allowed the client to reduce their development costs significantly. They were able to access top talent at a much lower cost than hiring locally, without compromising on quality. This provided the client with a significant cost advantage, allowing them to invest in other areas of their business.

Perhaps the most significant benefit that the client experienced from nearshoring with Velv was improved retention rates. The client's software development team was no longer experiencing high turnover rates, as the developers were motivated, engaged, and felt supported by their colleagues. The client was able to retain top talent, which allowed them to achieve their project goals efficiently and cost-effectively. This came as a good surprise since the client was expecting smaller retention rates within the nearshoring model.

In conclusion, nearshoring with Velv provided the client with a range of benefits that helped them overcome their staffing challenges. They were able to access top talent at a lower cost than hiring locally, without sacrificing quality or productivity. The development team was fully integrated with the client's in-house team, which allowed for a cohesive and efficient development process. Most importantly, the client was able to improve their retention rates and retain top talent, allowing them to achieve their project goals efficiently and cost-effectively.