App Development Company- How Much Does it Cost To Find Skilled Talents?

by Andrew R. Researcher

App development around the world is thriving at a staggering rate. The reason behind this is the rapid increase in technological advancements, awareness among people and also it's due to the high competition in the market. A lot of big and small app development companies are looking for hiring app developers who are skilled and talented from around the world to get a professional mobile application for their business. With the growing number of users accessing the internet via smartphones, mobile app development gives the unique ability to ensure you are always in their pockets.

If you are someone who finally decided to build a mobile app, the first question that immediately strikes your mind.

How much does it cost to find a skilled talent?

There’s no proper answer to “what does it cost to hire an app developer?”.

Paying the right money for your developers can be challenging if you are not familiar with the market trends of the app development workspace. To avoid the tiresome task of looking for freelance developers and understand the associated costs of hourly rates, benefit plans, and more, we recommend that you hire app developers directly from an App Development Company. the cost to find skilled app developer is very hard to estimate and it varies based on different factors like

1. Geographical Location:

location plays a crucial role in the rates when you set up an offshore development center. Most companies choose different models while hiring developers.

The price of the mobile app is calculated on a weekly or hourly basis as per the agreement. Talking about offshore mobile app developers, they work 5 days or 40 hours a week. This approximately ranges to 160 hours a month.

the type of project also impacts how much an app developer will need to be paid, based on difficulty, expertise needed, and time required. But there are other important considerations when thinking about hiring a skilled developer: namely, the hiring process itself, how you go about finding your developer, and where that developer is located.

If you hire a developer in Palo Alto, California, you can bet that they will have a higher hourly rate than a developer pretty much anywhere else in the world. If you restrict your talent search to only one location, it will be harder for you to find the best talent with best prices.

So How Much app development outsourcing cost actually?

Below we’ve collected the average hourly rates of iOS and Android developers by location. Please keep in mind, these are not accurate figures and you will get the exact rates only directly from your developer.

stats from Statista shows the median amount charged by mobile app development companies worldwide to develop applications for various platforms as of 2015.

North America- $125-$168 per hour

Australia- $90-$110 per hour

Singapore- $42-$63 per hour

United Kingdom- $50-$70 per hour

Eastern Europe- $35-$43 per hour

South America- $29-$43 per hour

India- $20-$30 per hour

Indonesia- $10-$15 per hour

2. Time & Material

To answer this, we need to know that not all mobile apps are equal. And the inequality is not just in the cross-platform that it is developed for. The different platforms like iOS as well as Android application development is counted with the time needed to implement certain app features. The more the time is required more will be the overall pricing.

a)basic application with simple functionality requires approximately 500-700 hours on development.

b)medium complexity app takes from 700 to 1000 hours.

c)complex time-consuming app in most cases exceeds 1200 hours of development.

a pricing structure that is determined by the cost and material needed for a project and thus it is calculated based on an hourly rate. This approach provides flexibility during the app development and comes in category of complex projects.

3. Complexity of features

An app’s complexity defines what is the cost and time required to build each feature.

As complexity increases, costs also increase. If your budget is limited, think about prioritizing features to fit within that price range.

As well, keep in mind that native apps which are developed specifically to run on android and iOS are much better than those that are cross-platform. The cost of developing is higher, but the overall result and their performance make the cost worthwhile.

4. Different OS

Different platforms have different costs to create an App. The most popular platforms in the app development business are Android and iOS this is due to increase in their requirement and high competition in the market .So, to choose any one of the two platforms you need to understand what is the audience you would like to reach.

Both have their own Advantages like ,iOS apps generally cost less than that of Android apps and are quicker to build and The number of users for Android exceeds that of iOS by a massive number, especially in the Asia region.

If you need to make an app for one platform only, then the cost will be similar, be it iOS or Android. However, if you decide to build a mobile app for both platforms, be ready to spend more money.

5. Types of Vendor

If you’ve decided to outsource your app development, you have at least two options to choose from:

a)Hire a development companies

b)Hire freelance developers

The greatest advantages of hiring a freelancer is that They have much lower rates than professional agencies, simply because they have no major overhead costs. You pay them for the finished project and that’s it. Also, with a lot of freelancers, you may even be able to negotiate on a price, but most of them have fixed rates, which are still pretty lower than those of agencies.

However, app development companies charge more because they bring a lot more to the table. They can provide you with a number of different services and ensure that they deliver the results efficiently and effectively, so you must agree that their services are valuable and completely worth the price. Therefore, if you have a good budget, use it properly, and don’t let the price determine whether or not you will outsource to a particular company .

As you can see, the app development agency or freelancer both have their advantages and disadvantages, but your choice ultimately comes down to your project requirements. In general, if your project includes small tasks, then hiring a freelancer who is specialized in managing those particular tasks is a better option.