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By 6 people, do you mean 6 developers? If so - the market rate, at $166,667 annual per developer, is extraordinarily higher than I thought. That seems a bit p
by guynamedloren 16y ago
By 6 people, do you mean 6 developers? If so - the market rate, at $166,667 annual per developer, is extraordinarily higher than I thought. That seems a bit pricey for a developer working at a scrappy startup.
- exline 16y agoYou have to factor in other costs on top of the employee wage:Taxes, Insurance (liability/health,etc), Retirement/401k, Office Space (Rent & Utilities optional if running virtual) I'm sure there are other costs some optional, some not. Depending on how lean you want to run you can have a very low overhead. It also depends on what level of developer you are hiring.