Whether you’re building websites, apps or software, you need developers and programmers. Hiring them, however, can get tricky, not to mention costly, due to demand. So just how much does it cost to hire a programmer or developer?
There’s no fixed number. It will be different depending on a range of key factors, including the level of experience you’re looking for, as well as the skills you need. For instance, a back-end web developer will often get paid more than a front-end one. The cost will also depend on your location, industry and how much demand there is for candidates within it.
When trying to determine it all, so you can budget accordingly, here are some factors to consider:
Know the scope of your needs.
The scope of your needs is the first thing to think about. For instance, do you have a short-term project that requires help from a software developer or programmer? Then outsourcing and hiring a contractor can make smart business sense.
However, if you think you should hire on a full-time basis, make sure you include salary, benefits, additional compensation, like bonuses, employment costs, such as taxes, and hiring expenses. Only then will you be able to compare costs and have a good understanding of scope and which option is right for you.
Research salary averages.
Once you have a clear understanding of your hiring needs and what you can afford, you have to do some legwork to ensure the compensation you’re offering it not just fair, but competitive. With such high demand for programmers and developers, they have their choice of job opportunities. You therefore need to make a compelling case for why they should choose you and this starts with salary.
So what are some numbers to keep in mind?According to Payscale.com, the median annual salary for a software developer is $112,921. The cost for a contract one can range anywhere from $60 to $100.
Consider working with an IT recruiter.
Hiring costs can be high for many reasons, ranging from a lack of time and resources to a lengthy interview process. But you can streamline the process and make it more efficient when you work with an IT recruiter. They’ll not only have access to a larger pool of technical candidates, including software developers, programmers and other tech professionals, but will work with you to understand cultural fit. This leads to a new hire who has the right hard and soft skills for your organization, lowering turnover and future hiring costs.
If you’d like professional help when it comes time to hire a software developer or programmer, Provisional Recruiting is here for you. We have a broad network of experienced and qualified tech professional ready to hit the ground running with your team. Contact us today to learn more.