Building a robust web development practice entails hiring and maintaining a group of web technology experts. You need to invest substantial funds if you want to build an in-house web development team.
The average salary for a front end web developer is $77,908 an year.
Considering you need to hire specialists in front end and back end web development, the costs can pile up pretty quickly for the company.
And it is not just the monetary cost that is becoming intolerable. Most companies have to spend up to 11 hours in screening, and recruiting candidates for 40 hours of work. And this is something that most companies think of as a gap that needs to be bridged!
Outsourcing your projects to freelancers or agencies. They offer an advantage of lower costs minimal infrastructure requirements, and no overheads, while also bringing global talent, expertise, and experience to the table.
The move towards a freelancing approach is prominently visible in global surveys. However, the agency model has a lot to contribute to it, because an agency itself can aggregate the services of several freelance web developers and offer their skills topped up with a management layer to end clients.
Impact of COVID-19 On The Freelance Model
“The pandemic has resulted in a sharp decline of almost 60% in freelance projects both nationally and internationally”, said Naman Sarawgi, founder of Refrens. The reason? Projects have gone on hold. But, the picture isn’t all black. The demand for freelancers is on the rise again and the future of freelancing seems bright. The short term slow down can be accredited to the global economic slowdown but the upward movement is on its way.
In fact, companies that have relied on outsourcing agencies and freelancers have found it easier to pause their progress, as they don’t have to navigate the legal aspects of downsizing. This level of control, or ramping down projects overnight, has been instrumental for companies in managing expenses during the lean period caused by the global pandemic.
Freelance Portals VS Web Developer Agencies: Both Have Merits
There are various portals that offer a marketplace of sorts for companies and freelancers to connect with each other. All the portals are easy to use, have a lot of options to choose from, and cost next to nothing.
There are also several agencies that ease the work. With them, you do not need to find, screen, or train the freelancers. The time taken for recruiting someone is very low. You can choose from the various skills that you need in a freelance web developer. You don’t need to worry about managing human resources. There will be no absences, quick replacements if the need is and of course, you will get ongoing support.