In 2022, due to the pandemic, there is a massive change in the tech companies because many industries had to shift to online mediums for maintaining a seamless workflow. However, the company owner may not be tech-savvy knowing everything from development to deployment of the software. In such cases, the recruitment team plays a vital role in hiring a professional with a technical background to perform the required tasks with proficiency. Usually, companies choose between two options, in-house developer or hire freelance developer, depending on the workload and budget. Usually, startups hire freelance developers, although hiring an in-house resource can be a bit expensive at the initial stage of the business. At the same time, freelance developers can offer you almost every service, including coding, requirement elicitation, designing, implementing, quality assurance, and digital marketing at lower rates, beneficial for startups.
In this article, we’ll focus primarily on the differences between hiring in-house talent vs. hiring a freelancer for a better understanding.
A Detailed Analysis: Hiring A Freelancer Or In-house Employee
Let’s have a look at some of the points in detail;
Hiring A Freelancer – Cost-Effective
Startups are always looking for trustworthy resources who understand the startup working culture, and agree to work on a long-term basis. The key reason for hiring a freelancer is that they’re cost-effective and don’t increase the infrastructure cost. Freelancers are hired on an hourly basis and set a project fee till project completion.
Comparatively, if we talk about nurturing in-house talent, the company has to bear monthly salaries, bonuses, health, dental, and life insurance, payroll taxes, and other perks as per the company’s policies.
Project Freelancer Agents – Security and Credibility Insurance
The two job roles are entirely different, like the relationship you have with a freelancer is based on word of mouth, and there is no binding between the two parties. You can only contact them through Internet Communication, like Slack, Gtalk, WhatsApp, and Linkedin, associated with fear factors. In-house employees are trustworthy, whereas a Freelancer can disappear at any time, leaving the project in limbo.
Once your company excels in generating revenues, it should exceed the expense rates and proceed with hiring in-house talent. In this way, the vulnerabilities regarding resources suddenly cut off will minimize. They get restrictions to work for the company and can not leave without informing and without delivering a reasonable notice period of a minimum of one week.
Hiring In-house vs. Freelancer – Training & Expertise Level
Let’s talk about both the cases separately, and then come up with a mutual conclusion based on facts, and figures. When you hire a freelance resource, they work till the project lasts, with a definite level of expertise in that relative field. Whereas hiring an in-house resource is very fruitful as you can train them as per recent technology trends and they get trainings to learn new technologies, not just stick around with one domain making it narrow, with no space for excelling.
The best way out is to hire an in-house resource, whereas, as we can train them in future, and they have to stick with the company to excel professionally. In fact, it’s beneficial for a person’s career growth too, if they’re learning new technologies, and leveraging the practical working as well.
Hiring In-house vs. Freelancer – Communication Medium
Timely updates play a vital role in gathering information about the ongoing projects; also monitoring if we’re going the right way! While hiring a freelancer, it may be important to understand how much they love their independence. Avoid being stuck for 8 hours at the office. Freelancers may be working for many clients at a time. However in case of any urgency, they may show a non-serious attitude and may make life difficult for the project owner. Usually, freelancers adopt having their own time to perform the task and count them as effective hours. So, no matter if you’re trying to connect with them on Fiverr, Slack, Trello, Upwork, or any other medium, they’ll be responsive as per their timings, which may be a problem!
Divergent to Freelancers, in-house developers get trainings to work under pressure with dedication, completing the working hours. Simultaneously, if a project comes on an urgent basis, they’ll give extra hours because they are accountable for achieving it beforehand. Moreover, alternative resources are already available to complete the requirements. And resources are absent, if required dust it. Hiring an in-house developer will be beneficial in instant communication, timely delivery, and abounding till the task is completed.
Hiring In-house vs. Freelancer – Technical Requirements & Maintenance Cost
A technical recruiter knows how to judge the candidate ideal for coding. Everyone can not term themselves as a developer; with fewer chances of creating bugs and a higher probability of debugging the issues instantly. Freelancers have many skills written in their resumes and try to complete the task steadily. Because they have to proceed towards the next project. Even if some tweaks are there, they charge extra for each maintenance, which is not ideal in a practical situation. They are not keen to complete the task with proficiency; instead, they want the payment, and that’s it! If any error is reported once the project goes live in real-time, they’ll charge extra dollars against every change made.
Contrary to freelancers, hiring in-house talent tends to be more technical; know-how to complete the project with fewer bugs. They are keen to build a long-term relationship with the company; if any changes are reported, they are available for maintenance and don’t charge extra!
Hiring A Freelancer – Timely Availability
Lastly, a glitch or bug can be reported when the application is functional in a real-time environment. For such circumstances, the availability of designated resources is critical. Nurturing in-house talent would be a plus point, whereas freelancers won’t fulfill this requirement. A freelancer can not visit the client’s space and solve the reported issue instantly.
In-house developers are fully accountable, trustworthy, and available during office hours for both on-site and off-site work. At the same time, freelancers are not responsible for appearing at the client’s space or performing changes, if any. The best way out is to spend a little more. And secure the vulnerabilities associated with timely project delivery and development.
Wrap Up
My final words are that hiring in-house resources is beneficial for the long run. Whereas a freelancer is not trustworthy, and can leave the project at any time. After reading this article, you will be more confident that full-time resources are more favorable; in upscaling their company’s values and morals.
Do not forget to add your feedback in the comment section, so we can get back to you with some exciting new remote staffing topics next time.