When it comes to Product Development, hiring services from a freelance developer or an offshore development agency gives the choice of having specialized skill sets. According to the Future Workforce Report 2018, 88% of companies have made progress in adopting a flexible talent strategy. However, the choice between a freelance developer and an offshore development agency should be a matter of insight and diligence. So, we delve deeper into the advantages of each to help you make the right decision.
Advantages of Hiring a Freelance Developer
Hiring a freelance developer inevitably reduces the cost by 20% to 30%. You do not have to pay for office space or supplies. There are no overhead costs such as providing health insurance, paid leave and other benefits. There is also the flexibility of payment options in terms of fixed cost, hourly, or retainer.
As freelancers are available to work at odd hours, the flexibility to get your work done is higher. Most freelancers take up more than one project and thus take care to stick to the turnaround time in a better way. They set their schedules and are often willing to work day and night to complete the job faster.
Negligible legal issues:
Freelancers work as a separate entity bound by an independent contract. Hence the chances of attracting potential legal claims are less against you. But hiring a freelance developer does have its limitations.
Freelance developers work on different projects at the same time. This may lead to jeopardizing your product quality. Know more on maintaining product quality here.
Though most freelancers are asked to sign the non-disclosure agreement, you have to consider the risk of confidentiality issues that weigh higher in certain sectors.
Fear of disappearance:
Freelancers seem to work on multiple projects simultaneously and might suddenly be unavailable for a considerable period. It is challenging to control a freelancer completely.