| ROI on Costs
One programmer in the US is currently paid about $76,000/ year. While it's true that a talented programmer in the US will be in the range mentioned, the actual cost to company for every employee is substantially more.
Besides salary, every company needs to make other statutory payments for each employee. In addition, for each role, there will be other infrastructure costs such as hardware, software, utility and space costs that get added as overheads.
Thus for a software engineer who earns an annual salary of $76,000 the total cost to the company is in excess of $100,000.
On the whole, a 12 man month project that would take approximately a year for your software engineer in US (costing you about $100,000) can be completed in about 6 months by a team in India, and at an approximate total cost of $39,000 ($3250 per month).
With IWD you pay only $3250 for 160 hours of work per month. The overhead, employee benefits, training costs are incurred by IWD. |