Discover how Online Taxman significantly reduced recruitment costs through strategic financial solutions.
$30K Avg. Vintti Salary
The average salary for a Tax Analyst in the US ranges from $70,000 to $90,000.
10 Days Time to Hire
OnlineTaxman was able to hire a high-performing Tax Analyst in just 10 days.
40% Cost Reduction
OnlineTaxman saved 40% in salaries with top-tier talent from South America.
Lorem ipsum dolor sit amet consectetur adipiscing elit duis mauris fringilla et integer sed posuere nisl tortor et sagittis molestie aenean cursus amet et amet tortor sem vel diam est morbi tellus viverra urna pellentesque sit ac amet vitae arcu mi eu mus at lectus lectus eu scelerisque ut tincidunt nec tristique.
Lorem ipsum dolor sit amet, consectetur adipiscing elit quis ultricies sed non sodales morbi ornare non ullamcorper nulla aliquet viverra non est nulla bibendum nunc ac egestas habitant.
Lorem ipsum dolor sit amet consectetur adipiscing elit orci fringilla massa tellus id nunc non facilisi velit ultrices aliquam fusce mauris consequat ultricies sed ut cras tortor amet risus viverra augue proin eget sem elit pharetra blandit dolor senectus amet ante nulla convallis.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Id odio duis est, et aliquet lectus nunc eu est ut enim tristique nunc quis pellentesque sit leo volutpat in quam cursus sit euismod.
“Nisi quis eleifend quam adipiscing vitae aliquet bibendum enim facilisis gravida neque velit in pellentesque”
Eget lorem dolor sed viverra ipsum nunc aliquet bibendum felis donec et odio pellentesque diam volutpat commodo sed egestas aliquam sem fringilla ut morbi tincidunt augue interdum velit euismod eu tincidunt tortor aliquam nulla facilisi aenean sed adipiscing diam donec.
OnlineTaxman is a boutique accounting firm specializing in international taxation for ex-pats and international entrepreneurs.
They are not only highly qualified ex-pat tax professionals but are themselves ex-pats, digital nomads, immigrants, and entrepreneurs hence they have a firsthand understanding of international clients' situation needs.
OnlineTaxman was looking to streamline its hiring process and reduce costs by delegating recruitment responsibilities to virtual staffing experts.
By partnering with Vintti, the company was able to reach a wide talent pool based in South America and find skilled tax professionals with 40% fewer costs.
Online Taxman needed to scale as the company was competing with other financial consultant firms that were offering similar services at lower prices. To stay in the race, they were looking to reduce costs, either in salary prospects or recruitment ROI while maintaining the high-quality standard they expect from their candidates.
Being a fully remote company, with a presence in almost every continent, and created by a team of ex-pats, immigrants, and digital nomads, hiring professionals from more beneficial cost-living countries was no news. The challenge was to do it at the best return on investment (ROI) possible.
“Online Taxman has been hiring professional from around the world since we started but as the company starts to expand and recruitments need become more specific, the added costs of finding the right candidate are becoming unmanageable for our operation” - Expressed Vincenzo Villamena, CEO of the company, in the original request.
But, what goes into the cost of recruitment? Recruiting new employees can be a costly process for many employers. According to Edie Goldberg, founder of the Menlo Park, Calif.-based talent management and development company E.L. Goldberg & Associates, the total cost to hire a new employee can be three to four times the position's salary, including both direct and indirect costs.
The indirect or soft costs, which include the time and effort departmental leaders and managers invest in supporting the HR-specific roles of the hiring process, can make up as much as 60% of the total cost which is not afforded in the course of a year but in just a few months. Depending on the urgency, fast recruitment can even higher the cost. This time investment can lead to lost productivity and missed organizational goals, which ultimately impact the company's ROI.
Online Taxman turned to virtual staffing solutions to recruit skilled accountants from South America, which has emerged as a popular destination for international employees due to its cost-effective living standards, highly qualified workforce, cultural similarities to U.S. companies, and English proficiency. By leveraging Vintti's solutions, the company was able to simplify the recruitment process and assign recruitment responsibilities while reducing costs by 40%.
The company was looking for a Tax Analyst and specified a total budget of $40,000 to $65,000/yr in salary. Within 5 days OnlineTaxman had 3 qualified candidates to go through the final stage of interviews.
By the end of week two, the company had a brand new Tax Analyst from Argentina already working with a total cost of $30.000 a year. This means fast recruiting by half the price.
“In only 10 days the new Analyst was going through the company's onboarding process and ready to receive his first client. We are looking forward to making Vintti a regular recruitment partner“.
Vincenzo Villamena, OnlineTaxman CEO.
OnlineTaxman has already booked two more talent searches in South America.
You can secure high-quality South American talent in just 20 days and for around $9,000 USD per year.
Start Hiring For Free
.webp)
.webp)
.webp)