There are 2 Companies in Latvia
that provide Staffing Services!
With a population of just over 2 million, Latvia has been qualified as a high-income country by the World Bank. It had come a long way since the year 1991, far from the shadow of the Soviet Union, to create a place for itself in global affairs – economic, political, cultural, or academic.
Discover Top IT Companies in Latvia specialized in Staffing and other related services. Find the best IT service providers for your projects.
Staffing is the process of finding the right workers and recruiting them for an open job position. The purpose of staffing is to help companies, that do not have the human resources capabilities, to find qualified candidates. On the other hand, it helps candidates to find the right opportunities for the skills, and experience they have.
So, a staffing service is beneficial for both companies and job seekers.
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The ICT Industry in Latvia: Country Overview & Profile
With a population of just over 2 million, Latvia has been qualified as a high-income country by the World Bank. It had come a long way since the year 1991, far from the shadow of the Soviet Union, to create a place for itself in global affairs – economic, political, cultural, or academic.
Many people identify Latvia as a country with one of the fastest internet speeds in the world, more than the United Kingdom or France even! However, the high-tech atmosphere in Latvia is much broader and exciting than that. In a short period of time, Latvia has managed to build a ground for the development of ecosystems that support the growth of high-tech and deep-tech industries and infrastructures.
Why you should work with Latvian IT companies
Like the country itself, Latvian IT companies are in a continuous transformation and develop their capabilities at high speed. Organizing fairs and events, working with international companies, and exporting their services to almost all European countries, Latvian IT companies managed to increase their competitiveness and number of clients with more than 70% in 2019, compared to the previous year.
World Bank data suggests that in 2018, the high technology exports as a percentage share of total manufacture exports of Latvia were at 19.3%. According to another statistic - the Global Innovation Index 2019, Latvia ranks at 34 in the world. Just to mention, that in 2015, the same index placed Latvia in the 81st position.
What to be aware of when working with Latvian IT companies
There are not too many things that are challenging for Latvian IT companies, and probably, like in all three Baltic countries, Latvia faces the same problem - limited human resources. Out of 2 million people in Latvia, 4.5% are enrolled in the IT industry. And even if the country tries to stimulate the numbers to grow, everything moves a bit slowly like in Estonia for example.
Are Latvian companies reliable?
The Latvian business traditions find their roots back in the former Soviet Union, and while it was bordering the nordic countries the Latvian society followed practices and business culture from both sides.
Now, Latvian companies, including those in the IT industry enjoy a high level of reliability and trust, including but not limited to on-time delivered projects, well-executed digital services, good project management, and why not - linguistic capabilities of the locals.
How does Latvia perform compared to its neighboring countries in terms of IT?
Together with Estonia and Lithuania, Latvia is a part of the Baltic IT hub - probably one of the most progressive in Europe. The well-developed IT infrastructure is interconnected with the other two countries, and many companies provide services in the entire Baltic region. It is something specific for the region, where three countries collaborate tightly based on the understanding that together they are stronger.
Taking Latvia apart from those two countries, we could say that its IT industry does not differ from their neighboring countries, and probably is at a slightly lower level than Estonian’s tech scene, since the last one has been thru many digital transformations lately.
What is Staffing and what are its benefits for your projects?
Staffing is the process of finding the right workers and recruiting them for an open job position. The purpose of staffing is to help companies, that do not have the human resources capabilities, to find qualified candidates. On the other hand, it helps candidates to find the right opportunities for the skills, and experience they have.
So, a staffing service is beneficial for both companies and job seekers. It can help in a variety of ways:
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Efficiently fill open positions.
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Match qualified candidates with company culture.
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Lower recruiting and hiring costs.
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Enhance hiring process quality.
It is important to mention that the staffing industry is expected to grow in the coming years, at a compound annual growth rate (CAGR) of 6%, as businesses are increasingly outsourcing their recruiting and staffing needs.
But, who is responsible for staffing?
Staffing is the responsibility of hiring managers, which focuses on recruitment, training, and development of human resources in their organizations. Every manager is responsible for effective staffing based on qualifications, knowledge, and skills. Confidentiality must be a principle maintained by staff involved in the staffing process.
Interestingly, 67% of hiring managers think it's important for hiring companies to use the latest technology and more than half (52%) of hiring managers say that one of their top recruiting challenges is gaining access to candidates with the right skills.
A staffing service focus can be a good option for businesses of all sizes, in all industries. However, it is particularly recommended for businesses that are growing rapidly, but have a limited budget for recruiting, but need to fill specialized positions.
On TechBehemoths you can find your staffing service provider. There are more than 191 companies, from different countries, happy to help.
Just use our filter if you want to narrow the result, or submit your project and our team will select the most suitable companies for you according to your requirements.
We also invite you to our blog to discover our latest article about outstaffing and outsourcing as alternative options for businesses that need to fill specialized positions.