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Podcast: Budgets, Books, & Balance Sheets: An Accounting & Finance Podcast
Episode: Episode #34 | The Rise of Offshore Employees in Accounting Firms
Description: Did you know that 81% of accounting firms consulted that already have a remote team hired offshore employees last year?
The result I gave you before comes from a 2022 survey by ConvergenceCoaching®, which shows a significant increase in firms hiring offshore accountants from only 38% in 2020. In addition, 79% of participating firms retained a team member who relocated outside the practice's geographic areas.
Offshore employees are workers who are located in a different country than their employer. They can be full-time or part-time, permanent or temporary, depending on the needs and preferences of the firm and the employee.