Today, we'll be discussing how IT staffing services can aid startups and small businesses in flourishing in the digital age. As you're aware, technology is crucial for success in today's world, but not every business has the means to hire a full-time IT team. This is where IT staffing services come into play! These services provide businesses access to skilled IT professionals on a temporary or permanent basis. Therefore, whether you require assistance with a short-term project or a long-term IT strategy, IT staffing services can be of assistance.
Contract IT Staffing Services as a Cost-Effective Solution.
Startups and small businesses often have limited financial resources, making it difficult and impractical to employ a full-time IT team. Contract IT staffing services offer a cost-effective solution by providing access to highly skilled IT professionals without the need for a long-term commitment.
Hiring an employee comes with additional costs like benefits and compensation, which can add up to 30-40% of the base salary. This includes legally required benefits (7.6%), insurance (7.8%), paid leave (7.4%), retirement and savings (3.5%), and supplemental pay (3.3%).
Based on data from the Bureau of Labor Statistics , the average annual salary for a software developer in the US was $109,020 per year in 2021. This means the total cost of hiring a developer could reach up to $142,741 per year.
Consider Contract IT staffing services in a nearshore location to maximize your budget and achieve greater savings while maintaining the same level of benefits. South America is an excellent nearshore destination with salaries that can reduce employee costs by 30 to 40%. If you are interested in this topic, visit our blog post for more details.
Hiring IT staffing services can also save you money while helping you find the best candidates. These services usually involve recruiting, which gives you an extra advantage. On average, a typical company in the United States spends around $4,000 to recruit a new employee. However, for software developers, recruitment costs can go up to $35,685. These are just some of the expenses associated with recruiting a software developer in United States, according to CodeSubmit.
Job Board Costs (Linkedin) $1,000
Recruiter Service: 20$ -25% of the annual salary.
Applicant Tracking System: $200
HR costs/recruitment (40 hours): $1,300
Interview process (2h15min x 2): $1,900
Loss of productivity: $6,883
Training costs: $1,111
Onboarding costs: $400
Access to Skilled Professionals
IT staffing services offer businesses the opportunity to access a pool of talented IT professionals with expertise in various domains, such as software development, network administration, cybersecurity, and more. Startups and small businesses can benefit from this expertise by hiring IT professionals as needed. They can engage IT professionals to work on specific projects or provide continuous support for their technology needs.
The demand for software developer positions is growing rapidly, with an expected growth of 25% from 2019 to 2029. Finding software developers with the right skills is a major challenge, so it's a good idea to widen your search to include a larger talent pool. IT staffing agencies allow you to reach talent on a global scale, providing a competitive advantage in today's market. When considering outsourcing talent through IT staffing agencies, nearshoring in South America is an attractive option due to time zone compatibility, a qualified workforce, and other advantages. For more insights, check out this blog post.
By working with nearshore IT staffing agencies, you gain access to a wider talent pool from different countries. Keep in mind that you can find IT staffing services in the USA that can also help you to hire talent in nearshore locations. They will assist you throughout the entire hiring process to find and hire the most suitable software engineers. Additionally, they will help you navigate legal and labor hazards and ensure that you are compliant with legal, financial, and labor requirements.
Flexibility and Scalability
Startups and small businesses often experience rapid growth and change, which can make it difficult to hire and manage a full-time IT team. IT staffing services offer flexibility and scalability to these businesses by allowing them to hire IT professionals without the full labor burden and complexity, and flexible contracting periods to meet their immediate needs. As their business grows, they can easily adjust their IT staffing services to match their evolving needs.
If you own a startup or small business, you may want a long-term development team but lack the budget for it. IT staffing agencies offer different options to fit your needs, such as hiring a team for a short period or a team of developers with long-term intentions but without the risks of a regular employer.
In summary, IT staffing services can be incredibly useful for startups and small businesses. These services provide an affordable option, access to skilled professionals, and flexibility and scalability. By using IT staffing services, startups, and small businesses can focus on their core strengths while trusting experts to handle their technology needs.
Outsourcing talent needs to IT staffing experts frees up valuable time and resources, allowing you to concentrate on your core competencies. This approach enables you to stay ahead of the competition, innovate, and deliver the best possible products or services to your customers. It also provides peace of mind, knowing that your IT needs are being taken care of by experienced professionals, leaving you to focus on what really matters: growing your business and building your brand.
BetterWay Devs is an IT staffing service based in the US that specializes in hiring software developers from South America. Contact us to schedule a call and find out how our services can help your startup or small business grow.
BetterWay Devs Inbound Marketing Manager