We all have seen the rise in demand for skilled remote software developers on various
technologies during and post pandemic times. And as per Gartner, it is reported that by
2027, the software market is expected to hit $17.79 billion with a growth rate of 10.85%
YoY. This is because the huge volume of B2C Software Applications that are being
used these
days are only increasing from here. This means, the demand for Quality Software
Developers
will be higher too, and since not one country alone can procure for all the software
development demand of the world, the significance and benefits of having an awesome
Remote
Software Developers Team will be all time higher for next 10 years safely. And,
India will
remain as one of the top destinations for hiring high quality Remote Software Developers
hands down.
That being said, in order for finding out How much would it cost to hire a remote
software
development Team, you need to define your requirements in terms of Technology you
need,
number of people, offshoring destination, years of experience, domain expertise and much
more. Let us briefly discuss the factors affecting the
Cost of Offshore Remote Software Developers –
Remote Developer Cost Factor 1 – Technology Skill Set
Self-explanatory – Developers on HOT technologies will always be costlier than the ones on
legacy or passing technologies. For example, a Web Developer on React.js/Vue.js/Redux etc
will cost you more Vs someone working on PHP/ Laravel. On hourly basis, if you hire a React
Developer for $ 20/ hour the same exp level php/ Laravel developer may cost you $ 16/ hour.
Another example, a developer on React Native Mobile Development technology may cost you $
25/ hour Vs a developer on native android technology or native iOS will be lesser price.
Remote Developer Cost Factor 2 - Years of Experience
Again, self-explanatory! The more the years of experience, the higher be the price. At
Agicent, we’ve bracketed experience ranges largely as follows –
- Senior Remote Developer – 5 + Years
- Mid-level Remote Developer – 2-4 Years
- Skilled Remote Developer – 1-2 Years
You must have already used the Offshore Remote Developers Cost calculator on this page, if
not then we insist you give it a try and get a solid cost range. For more clarifications,
you can always email us at sales@agicent.com.
Remote Developer Cost Factor 3 – Domain Experience
We can divide remote software developers into two categories from the point of view of the
project need as follows –
-
Software Developers that you hire only for their Technical
Skills –
For example,
And,
-
Software Developers that you hire not only for their Technical
Skills but also their domain experience/ expertise –
For example,
Hiring a web full stack developer who is skilled on DB programming, React.js,
Node.js, Graphql but also have an experience of 5 years in Banking &
Insurance
Domain. Or,
Hiring a C/C++ developer who has an experience of 5 years on creating 4G/ 5G Network
elements software in hardcore Telecom Software Domain, an
experience in Embedded can be considered too. 😊 Or,
Hiring a Python Developer, who has worked for 3 years in payment processing and
understands deep level payment transaction protocols, security, encryption and so
on.
That being said, Remote Developers that you hire only
for the Tech
Skills will cost you better Vs Remote Developers that you hire for their Tech Skills
+ Hardcore Domain expertise because latter is usually less in number and higher in
demand by right companies.
Remote Developer Cost Factor 4 – Location of Remote Software Developers Team
You outsource to India the cost will revolve around $ 20 to $ 40/ hour, you go to Ukraine it
will be up to $ 100/ hr, you go to Latin America it will in the mid of the two, while it
will be cheaper in Bangladesh or Philippines.
Just to put as a disclaimer, we at Agicent do not believe in (or sell it)
that you hire
software engineers from us since they are cheaper as we are in India. We rather emphasize on
hiring Engineers from us because of their skills, relevant experience, our fine tuned
processes, large availability of the talent pool and our quick procurement turn around.
Still location is a factor that determines pricing of software developers so we’ve quoted it
here.
Remote Developer Cost Factor 5 – Freelancer/ Part Timer Vs Agency/ Offshore Software
Development Company
When you hire remote developers from an Agency, you basically make the Agency accountable
i.e., they are the ones having their brand at stake and they involve many more personnel and
infrastructure than just the developer in order to make sure things run smoothly every
single day and you get every bang out of your buck. That means, they’ll spread over such
quintessential cost over their total price and you may find it costlier VS when you hire a
freelancer who may burn midnight oil after their day job and offer their service in way
lesser price. There is a trade-off ofcourse and then, there is a reason corresponding to
hiring both of them.
When you need a team, several different skills and a binding thread in terms of a supervisor
or a project manager you have to go with an offshore development company for long term
benefits. Also, for complex works that need not just a developer but architects, testers,
technical guides, domain experts, delivery managers Agency is the best bet.
Freelancers do exist for a reason too, if yours is a one-off task or a project where you
need just one major skill (like an iOS Development expertise) or just a non-complex work
like creating some screens or logo or a digital marketer creating backlinks or running your
FB Ad campaign – you may safely try out some freelancers too.
