How much does it cost to hire a software developer?
A software developer creates software programs, and a team
of them can create those programs or supervise their creation. They develop
software that enables users to accomplish specific tasks on computers. Your project can be
developed by freelancers, in-house developers, and offshore teams.
The majority of freelancers are found on freelance websites,
where they share their portfolios and search for jobs. Several factors determine the hourly wage of a freelance
Skillset. A freelancer's hourly rate will shoot up if he or
she is knowledgeable about multiple technologies and languages.
Experience. Experienced specialists charge more than junior
Since freelancers tend to work for a global market remotely,
physical location isn't a big factor in software engineering cost.
There are certain benefits to hiring a freelance developer:
Reducing the cost of small projects;
Employing experts for specific projects;
However, there are also disadvantages. In case you are
considering developing a project that requires constant attention and
uncompromised quality, you may want to consider other options. As compared to
in-house developers or dedicated teams, freelancers are unlikely to be as
dedicated to solving your business problems.
You can also hire in-house developers and other staff as
part of your project: a project manager, designers, testers, and so on. This is
an extremely expensive approach since you will have to cover all the costs
Recruiting and onboarding;
Retaining employees for a longer period than the project may
last. Keep in mind that the hourly rates of in-house specialists
and in-house developers vary.
Advantages of having in-house specialists:
Full control. You can easily monitor the team and direct all
Motivation. They're more dedicated to accomplishing success,
as part of their professional growth within the organization.
Safety. Having in-house employees ensures they are more
faithful to your project since they are less likely to abandon it midway.
Long-run effectiveness. It is less expensive to hire
in-house specialists if you need developers for more than just one task or
But hiring in-house programmers brings some risks as well.
The main disadvantages are related to the high average cost of hiring staff. In
addition, the amount of effort and time that must be put into finding a
suitable candidate who has all the required competencies.
Alternatively, you can hire outsourced developers. This
differs greatly from hiring in-house developers because it costs less, is easier,
and does not introduce any extra personnel expenses. In such a situation, you
get a sensibly composed team of professionals that will develop and implement
your project, improve and support it if you so choose. Then you’re ready to
take over the market with your product.
In this scenario, the outsourcing team's engagement model
will be critical. You can hire specialists only, but with this option, you must
formulate a plan to control the progress of the development project.
Location is also significant, since it affects the average
hourly rate of a software developer.
TFBS has the highest quality talent pool of in-house and
outsource developers in Qatar, Dubai, Iraq, India & Lebanon. We provide the
ultimate technology building blocks to power end-to-end personalized
experiences for your customers and data-driven growth for your company.