2021 opened the doors for a whopping number of startups. The pandemic welcomed startups on one hand, and on the other pushed existing companies to adopt digitisation to transform the way businesses operate. Naturally, with digitisation comes the exponential demand for hiring good tech talent, including programmers. However, structuring the right recruitment process to hire programmers can be a tough call.
According to sources, the IT sector, at this point, is facing a talent crunch due to the rising demand and moderate supply of qualified tech leads. Therefore, companies are constantly bidding against each other to lure over top talent by offering higher salaries and multiple hikes to ensure employee retention.
Why is it a Challenge for Recruiters to Hire Programmers?
Hiring skilled programmers is no cakewalk as even the most freshly minted programmers don’t come cheap. Moreover, with the ever-increasing demand for the tech force, hiring managers and technical recruiters find it challenging to hire the perfect candidates to fill the programming role. Below are some common challenges new companies face while hiring programmers:
1. Limited pool of appropriate technical expertise
- High cost of recruitment
- Lack of formal IT Training
- Keeping up with competitors with better offers
- Keeping up with salary expectations
If you’re a start-up owner with a tight budget with a dream of a team of the right tech professionals, the reality can be seen light-years away. However, with the shortage of skilled professionals, the growing competition to attract the top talent, and keeping up with the pay scale — the struggle may seem natural.
So, how are you planning to go about hiring? Don’t fret, there are budget-friendly ways to hire the right talent.
Five Budget-Friendly Ways to Hire Programmers For Your Start-Up
We have put together a list to help you bring your A-game to the market with a bit of an offering.
1. Hire remote programmers
The swelling coronavirus cases have made remote working the new normal. From the largest tech companies such as Apple, Google, Microsoft to the smallest of the startups, all have ramped up the remote working plans for the employees. There are various benefits of hiring remote programmers to a start-up, such as:
- Increased Productivity
- Reduced Employment Expenses
- Higher Retention Rate
- Lower Cost Per Hire
- Better Engagement
It is one of the ways a start-up can embrace the new employment standards to reap the benefits. This revolutionised recruitment can be a total game-changer and a scalable working model.
2. Hire programmers that freelance
Hiring freelance programmers is one of the most cost-effective ways to get skilled professionals for a startup. But, unfortunately, these are the programmers who are there only for the companies’ time.
In simple words, freelance programmers can be understood as professionals you hire on a contract basis. As a start-up owner, you don’t need to pay for your employee’s overhead costs such as the office, the travel, coffee, etc., and this concept can save you a bunch of your money.
Not only does it help you hire a top-level programmer at a cheaper cost, but it also gives you access to top talents from all over the world.
3. Introduce referral programs to hire programmers
The employee referral program is becoming one of the most highly effective and efficient channels for sourcing quality tech candidates.
Just how a customer is most likely to purchase a product when recommended by a friend, a referred lead is more likely to be hired when recommended.
Not only does this process reduce the cost per hire, but it also helps in picking a high-quality programmer. Apart from being an economical option to hire programmers, a referral program also benefits from a faster screening and onboarding process, the likelihood of higher retention rate and maintaining the company culture.
4. Hire programmers through social media channels
Some job portals can be expensive sources to hire programmers as they charge a handsome subscription fee for availing their services. So why not resort to free effective channels such as Facebook, Instagram, Twitter?
The rise of social media recruiting coincided with the rise of social media in the first two decades of the twenty-first century. Employers rapidly have realised that a significant chunk of working-age people spend a considerable amount of time on social media sites, notably those in the millennial generation and now Gen Z, as that group enters the workforce.
According to Statista, (the marketing and consumer research business), internet users globally spend an average of 145 minutes per day on social media.
5. Outsource recruitment to skilled third party companies
It can be tricky and time-consuming to hire programmers, especially if you are a non-technical recruiter. There is no one-size-fits-all employment strategy for all apps and websites.
The final decision of hiring a programmer is influenced by several factors, including technical complexity, maintenance, project duration, etc.
Finding the time to delve deep into these factors can be a challenge as a start-up owner. Therefore, hiring programmers can be made easy with the right sourcing platform that practices the right recruitment strategies that fit your budget.
At CodeQuotient, we empower companies with production-ready programmers, blurring the demand and supply lines.
We offer pathbreaking programs that help top college students become highly valuable and sought-after tech professionals.
We can help you hire an individual programmer or take over the burden of hiring a team while keeping your budget intact.
To determine which approach is the best for your needs, get in touch with us today by dropping us an email at info@codequotient.com.
