What Is Team Leasing in IT?

IT team leasing or developers leasing is the practice of providing an IT company with access to independent contractors (typically, software developers). This gives the company access to the talents they might not be able to hire full-time — and the flexibility to adjust the level of resources when they need it.

Who is the employer of an IT leased team?

A staffing agency or body leasing provider typically employs leased teams and pays them, manages their benefits, and performs other HR-related activities.

Are leased teams eligible for benefits?

Leased IT teams who are employed by a leasing vendor may be entitled to benefits. Some leasing companies provide health insurance, commuting benefits, bonuses and discounts, and retirement savings schemes.

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Team Leasing in IT: Pluses and Minuses, Alternatives, Challenges

In recent years, there has been an unprecedented increase in the demand for IT engineers and software developers globally. The IT industry is constantly evolving and this has led to a shortage of skilled IT talents to handle the increasing workload. In fact, according to a CNBC News report from 2019, there are almost 1 million unfilled IT positions in the USA alone. This means […]

What is Offshore Development Center (ODC): All Benefits and Possible Risks

To keep up with the constantly increasing global IT talent shortage, most companies including large giant tech businesses like Google are turning to outsourcing and outstaffing. According to Statista data, the worldwide outsourcing industry reached 92.5 billion U.S. dollars in 2019, with Offshore Development Center (ODC) services accounting for a significant portion of that total. It was also discovered that over 80% of the world’s […]

IT Outsourcing in Ukraine: Country Overview, Risks, and Opportunities

Today, a lot of globally recognized companies are outsourcing their IT needs to software development companies in Ukraine. At present, tech giants like Magento, Google, and Huawei already have their own offshore R&D centers in Ukraine. According to IT Ukraine Association, the country’s IT exports exceeded $5 billion in 2020 alone, showing a 20.44% increment from the previous year: Ukraine software outsourcing is providing a […]

Dedicated Development Team vs. Offshore R&D Center Models: Commons, Differences, Use Cases

In 2021, outsourcing or outstaffing are no longer buzzwords. They have become reliable and widespread operating models that, by 2027, are predicted to reach over $936 billion in market value. Business owners who consider expanding tech teams by hiring talents abroad can be confused by different ways to manage programmers in another country — outstaffing, outsourcing, nearshoring, offshore development center model, etc. In this post, […]

Part 5: Grow Your Development Team Offshore

Shortly after building your software engineering team abroad, you may realize that you want to expand it. At some point, it makes sense to open an offshore R&D center that will function as your representative office. But before you expand your team, you need to make sure that you have properly integrated it into your existing processes. So let’s see. Experience shows that communicating with […]