October 18, 2023

Full-Timer vs. Freelancer: Unmasking the Yearly Cost with Stark Bar Graphs.

Alright, startup founder, we are about to journey into the financial wilderness of hiring. 

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The path is laden with decisions that can make your wallet either sing or sob. 

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Let’s digress, what’s beneficial for you: Hiring a Full-Time Junior Product Designer OR A Part-time Senior Freelancer. 

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  • The Yearly Cost:
  • Full-Time Junior: The average salary for a Junior Designer in India is around ₹500,000, but let's upscale this to a really good Junior Product Designer and round it off to about ₹800,000 per annum​.
  • Part-time Senior top-tier freelancer: Costs  20-35% more than full-time junior product designer. Approximately, INR 10,00,000 to 13,00,000 per annum. 
  • The Output:
  • Full-Time Junior: With a full-time junior on board, you get a fresh mind with possibly innovative ideas but with less experience. They’re like your Netflix subscription, consistent but with limited shows.
  • Part-time Senior Freelancer: A part-time senior freelancer is like a film festival. You get a mix of experience, expertise, and a diverse portfolio but for a limited time.
  • The Quality:
  • Full-Time Junior: The quality of output might be like a rollercoaster, exciting highs with a few daunting lows.
  • Part-time Senior Freelancer: The seasoned freelancer brings a high level of professionalism and quality, ensuring that the output is more like a luxury car ride, smooth and top-notch.
  • Availability & Communication:
  • Full-Time Junior: They are your in-house talent, available during office hours, making communication a breeze.
  • Part-time Senior Freelancer: With a freelancer, you might face the problems with availability of timezones. They are available, but on a different schedule. 

This is my insight from helping over 50+ startups hire top design talent. 
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Can relate to it, and want help with deciding the route? 

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I’ll consult you for free - Calendly link is in the first comment

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