Do you know? In Silicon Valley, best software developers are paid in tens of millions of dollars. Hiring an in-house development team for your project could cost you fortunes. But fortunately, you have got an alternative – hire dedicated developers & programmers. But is it the right option for your business? How will you manage them effectively? In this blog, we will tell you 5 things that no one told you about hiring a dedicated offshore team.
Technology is moving too fast. To launch a new software product, be it a web application or mobile app, you need experienced developers by your side. According to BusinessInsider, when Facebook acquired Instagram for $1billion, it had only 13 employees, but great ones. This reflects how important it is to have an expert development team who knows the ins and outs of new technologies and helps you create a multi-billion dollar company like Instagram.
A skilled and talented developer will ask you at least a six-figure salary, and you need 2-3 front-end and back-end developers to work on your project. Don’t forget about experienced designers! Because you need them too for UX and UI designing. So to compete in this business world cost-effectively, you can possibly hire dedicated experienced developers.
Whether you are planning to launch a web app for your business operations, a start-up that wants to leverage mobile technology or a small brick-and-mortar business looking to go online, here are the things that you should know while hiring a dedicated development team:
1. Developer Rates Vary
According to a report by Accelerance on global software outsourcing rates 2018, here are the hourly rates charged by junior, mid-level and senior developers in top four regions:
|Region||Jr. Developer ($/hour)||Mid-level Developer ($/hour)||Sr. Developer ($/hour)|
|USA||105 – 111||132 – 140||154 – 163|
|Latin America||35 – 44||30 – 52||45 – 55|
|Asia||18 – 24||24 – 35||30 – 42|
|Eastern Europe||25 – 42||35 – 56||45 – 70|
Outsourcing rates for designers, analysts, project manager, and QA:
|Title of Employee||United States||Latin America||Eastern Europe||Asia|
|Business Analyst($/hour)||110 – 205||45- 55||40 – 63||30 – 42|
|Architect ($/hour)||198 – 292||60 – 72||50 – 77||35 – 48|
|Project manager ($/hour)||133 – 233||55 – 66||45 – 70||35 – 48|
|Graphic Designer ($/hour)||79 – 163||40 – 50||33 – 56||25 – 36|
|Mid-Level QA ($/hour)||99 – 105||35 – 44||30 – 49||30 – 30|
2. Three Engagement Models
There are three engagement models from which you can choose the one that best suits your budget and needs. An engagement model shapes the working relationship between you and your dedicated team and ultimately affects your total project cost. Every model has its own advantages and disadvantages, so you need to do a thorough analysis before opting for the right one for your business.
You have to pay a fixed price for your project, from development, designing, testing to launching and post-development support, everything is included in the fixed price that you will pay in phases. If you are opting for this model, do make sure you know each and every little detail and requirement for your project. Nothing can be changed later on as it will add on to your costs.
This model is gaining momentum in today’s rapidly evolving tech world. In this model, you work with a dedicated team for a few months and years and pay only for the time they spend on your project. Your dedicated team works iteratively, depending on your priorities. You get a functioning product after each interation. You can change requirements at any phase, but be flexible about your budget.
This is probably the safest route for most companies looking to hire dedicated developers and programmers. It is like renting developers on an hourly basis. They work as your own employees. You gain a complete control over every aspect of your product development.
[Would you like to know? How you can assess your web development service provider.]
3. Advantages and Disadvantages of Hiring Dedicated Developers
|No recruitment costs as you would have to bear with when hiring in-house teams||There are collaboration and communication barriers|
|Access to more experienced teams who have worked on a number of similar projects like yours.||Time-zone difference presentx some hurdles, which a great project manager can help you manage smoothly|
|Get the most talented developers to work on your project at affordable rates||
|Whether you need back-end developer, front-end programmer or designer, your project can be staffed rapidly||
4. Managing Dedicated Developers
Managing an offshore development team and managing in-house employees are two different things and require managerial due diligence. Regular communication is essential to track and gauge the progress of your project. It is vital for you to know how each hour is spent on your project by your hired developer if you want to get quality work done on time. Here are some work tracking applications that businesses often use in offshore IT projects:
5. The Process of Building a Dedicated Team
Once you have decided to hire dedicated experienced designers, developers, and programmers, it’s time to delve deeper into the process.
After reading this blog post, you can now hire dedicated developers & programmers confidently. These tips will help you find the best outsourcing company and select a good team of developers for your next project.
Summing up, we would like you to know that Source Soft Solutions offers the best, dedicated developers for our clients. We provide skilled and talented programmers and designers for hire to work on different technologies such as PHP, Java, .NET, ASP.NET, iPhone, Android, Magento, Joomla, and even for digital marketing services. We have established a superior track record in developing complex projects with big savings for our partners. If you want to know more about our technical expertise and staff, get in touch with us today!
[Recommended Read: How We Ensure Code Quality And Performance In Offshore Projects]