Sure, there are loads of benefits of basing your app development company in a big city such as San Fran, London, or New York City.
First off, working and living in a spot that is a tech and start-up hot spot offers great synergy since you and your staff will be mingling with like-minded people in and out of the workplace. Secondly, it can be downright exciting to live in a place that has, say, Ethiopian food on one corner and a classic pizzeria on the next and that never truly sleeps.
BUT, there is likewise one giant drawback to these dynamic cities: THE COST.
In fact, living costs in San Francisco are so high that some companies such as Vevo, a leading online provider of official music videos, are having great difficulties finding people who want to relocate to the City by the Bay.
Vevo’s Chief People Officer Colleen McCreary recently told CNBC that they lose great candidates from outside of San Francisco once their prospective hires run a cost of living calculation. Expenses are so out of hand in SF that Vevo is now expanding in other cities rather than in Frisco.
Cut Costs While Staying In Your Big City by Hiring Remotely
Fortunately, app developing companies no longer have to keep offices close by in order to thrive. You can slash expenses by expanding in other places, as Vevo is doing, or, better yet, by hiring tech staff from an app agency or other remote tech staffing provider.
The easiest and most effective way to recruit IT and tech staff remotely is through the services of an app agency. The right app agency will be able to find you the right app designers, programmers, IT consultants and other skilled tech professionals to augment what you and your core staff back in SF, NYC, London, or Seoul are doing. These app agency staff are not meant to replace your team, but rather to complement it.
Exactly How Does Hiring Folks Remotely Through an App Agency Save Money?
It’s 2017; talent is no longer location-dependent. This is great news because office spaces in the big cities mentioned above are staggeringly costly. A square foot of office space in London is around $105 per year, while in New York and San Francisco the costs are approximately $74 and $65 respectively. And, considering that offices in America average 151 feet per worker, you can see just how expensive office space can be. In New York, for example, this pencils out to $11,174 per employee per year just for office space alone.
In New York City, companies spend an average of $11,174 per employee per year just for office space. Click To TweetHowever, there is no rule saying that you must rent more office space when you want to expand. You can instead have an app agency recruit and hire staff for you. Assuming you are in NYC, you will save around $11,174 per year for each remote employee you do NOT hire in NYC.
You will reap additional savings by hiring tech staff remotely through an app agency. For example, PayScale estimates that the average programmer in Manila, Philippines makes around $5,300 per year, while the average computer programmer in the United States earns $79,530.
Other Benefits of Hiring Remote Staff through an App Agency
Now, of course, hiring the right people is never only about money; you hope to win other positives too, don’t you?
Well, don’t worry because when you source staff remotely through an app agency, you will also derive great benefits from building a diverse team that is made up of people possessing different perspectives and backgrounds, who work in a wide range of time zones, and who are, by the nature of being remotely-hired staff members, motivated self-starters.
Yes, having an app agency find your next round of tech hires makes a whole lot of sense.
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