Staying up to date, effective and productive in terms of business routine, large companies and even average ones goes into market place in search of easy and fast solutions of their productions. Software Engineers are highly sought professions in most recent studies that fast growing companies in many different industries and field of expertise hire on. Developers are highly in demand because of their ability in addressing issues and concerns of any software applications that any businesses are using with. Now, what do we expect of their payments? How much should we pay?

Because of huge advancement of this technology age, growth of internet usage and digital career became very overwhelming for the past 20 years or so. With that said, the career of being a Software engineer become one of the fastest growing profession in the entire world.

Software Developers or engineers can either be hired full time or freelance. In most cases nowadays, freelance developers are most highly sought group in this industry, according to some research, you can save a lot with Freelance. According to Codementor blog in 2018 study, hiring a full-time Software Developers and their salaries differ on their work experiences, and according to their data, given the highest most paid engineer ranges to 150 thousand dollars annually, with five year experience on field, the Developer would possibly get 110 thousand out of 150. Meanwhile, Freelance developers differ on a country you are in. On their 2017 studies, the range of hiring freelancers in North America ranges from 50 thousand dollars to 250, which is by the way much lower than compared to Eastern Europe and in India. According to CodementorX, hiring a most quality Freelance Developers would charge somewhere 60 to 100 US dollars per hour. There are also consideration that has been foreseen in hiring full-time Developers, such as legally required benefits (social security, healthcare and others), Insurances (medical, dental and life), paid leave, annual bonus and many more.

With annual comparison for Software Developers, data given from CodementorX, currency of US dollars with 5-year experience, Full timers ranges to 198,974 dollars, while Freelancers goes around 107,400 to 179,000 dollars. It goes to show that Freelancers are a lot cheaper, and could make up a saving at least 50% of the usual total package of a Fulltimers. CodementorX considered some areas as well with Freelance engineers, according to them, these groupcan deal with short term engagement and specific projects, so this doesn’t really require full time deal with particular tasks or projects. With short term engagement, a company can give a specific instructions and works to be done with the Engineers in a short time and specific outcomes. With Freelance, the company can pay their Developers in a different ways, depending on a load of work and deal made. Payment can be done by either, per hour, daily or by project, all depends on a contract. In this set up both parties can be very flexible and productive in terms of time and money spent.

Software engineers and developers are of great help, especially if you are running a large companies that requires specific job outcome, effective results and efficiency in using any forms of software internally or externally. Either you hire full time or the freelance individuals, you’ll still end up the best of results in your most needed work performances. In the end, their job is to help you address issues of your software systems, applications and other programs related to your job, trade or career. Their ability in providing fast solutions is the most needed, as mentioned, they are in demand especially that we all relay on technology and digital revolution in competing to any industry we are all in.