Should you hire web developer inhouse or should you collaborate with an IT company for completing your software development projects? This is a common dilemma faced by many entrepreneurs while going for digital transformation of their business. Through this article, I will try and explain to you what are the costs involved in hiring in-house resources, which you may not have calculated.
Salary of Onsite Web Developer
The salaries of onsite web developers in the US can be in the range of $40 to $170 per hour, depending upon the type of skill set that you are looking for. While it may be higher for more experienced resources, a lesser experienced resource might not be suitable for your project. In Europe, the cost of hiring web developer onsite can be from $70 to $130 per hour, depending on the length of the contract and the experience levels. That's a lot right? However, if you outsource your project to Optimal Virtual Employee - which is based in India - you can get the same talent for under $20 per hour! Yes that's right because the Indian Rupee is a highly devalued currency and is usually pegged at INR 70 to the US Dollar.
Recruiting a Web Developer
As many of us know, recruitment can be a lengthy and time-consuming process. In the absence of a specialized HR recruitment team, you might have to spend considerable resources. First, you need to place an advertisement. Second, you need to shortlist the resumes and third, you need to contact them individually for face-to-face interview rounds. This can be a draining process, which might delay your software development projects by several months. However, Optimal Virtual Employee does this job for you without any fuss! We have over 300 web developers working on our payroll and their experience levels range from 2 years to 15 years! Besides, their experiences are verified and their coding skills have been tested by our experts.
Office Space and IT Infrastructure
When you have chosen to start work on your project and decided to hire web developer, the next task is to arrange office space and IT infrastructure for them. While these things might seem innocuous, they carry a high importance and steep costs. For taking up an office space, you need to pay upfront costs that may include advance rentals and security deposit. Besides, there would be annual maintenance costs too. For IT infrastructure, you need laptops, servers, anti-virus, cloud storage, etc to help in the work of your web developers. These are important capital expenditures which some entrepreneurs fail to calculate and end up under a huge credit load. However, Optimal Virtual Employee is a company that has its own office building in Noida, India. Equipped with over 400 office seats, our development center boasts of state-of-the-art IT infrastructure in plug-and-play configuration. No more upfront costs for hiring web developers for you!
Need For Project Managers & Support Staff
Do you envisage the requirement of a project manager to manage your web developers? You might then need to hire a project manager who could cost you upwards of $90,000 per annum. A project manager is usually hired to lead a team of web developers. He not only manages their workload, but also ensures that their project timelines are met and the code is of required quality. He can also help them in resolving day-to-day developmental issues. At Optimal Virtual Employee, our clients get a project manager free of cost! Yes, in case you hire a team of 4+ web developers with us, we will be happy to offer the services of a Project Manager without any additional charges.
Conclusion
With the above calculations, you can imagine what kind of costs you are going to incur when you hire web developer. Take a pick on whether you want an in-house team or an outsourced team. Decide what is best for you and then go for it!
