Technology team: how much it costs and how to assemble one in a simple way

Luiz Eduardo
Divisio
Published in
5 min readMar 18, 2021

Understanding the need to have a good technology team working is essential to maintain your company’s longevity and productivity. Therefore, some perspectives can help you in the hiring process and understand what a qualified team can be.

Keeping everything compliant within your company can be one of the most challenging parts to do. Letting your staff on the same page is what helps maintain your company’s longevity.

Nowadays, we have several technology companies in the job market. So, what can be your way of standing out your company among so many others? Simple, having a good and qualified technology team working with you, and not just for you.

Thus, let’s take a look at some ways to make this possible, and in a simple way.

How much does it cost to build a technology team from scratch?

Let’s start from the beginning then. If your company is still in the process of thinking about hiring someone, the profiles you want to hire must be defined in advance. Hence, you can do a quick search of the average salary of each employee for your team. The idea here is to hire the best you can, without breaking your budget, of course.

Now is not the time to think about savings; Hiring a qualified person is an investment for your company, not a cost.

According to the Terra website article, the costs of a bad contract can reach 30% of the employee’s annual salary.

To make it sound more explicit, here are some tips:

  • Starting with three people is the ideal.
  • Trace the desired profiles, such as Frontend, Backend, and a CTO.
  • Assess wages; you must need a minimum amount of 14,000 at this first moment.

What does each professional do, and why do they hire?

  • The frontend developer- this professional has the role of designing and developing the pages that users will interact with in the future. He is responsible for the user experience within a website or app. For example, creating the text layout, buttons, fields, and more.
  • The backend developer: the one behind an application. He is concerned with the business rule, security, database and integration of web services. In other words, this is the professional who programs, codes and tests the projects created.
  • FullStack developer(optional)- a full-stack can act at any stage of creating a product since it has knowledge of both FrontEnd and BackEnd. Knowing how to use tools for the two types of development mentioned above.
  • CTO is the “technology leader”. It is he who is in charge of solving problems with research and proposing solutions. In addition, one of his main functions is to set goals related to IT activities. This leader must always remain aligned with his company to guarantee a good performance. If a CTO has no cultural alignment with your company, everyone on the team suffers.

According to the CEO of Divisio, Luiz Eduardo Figueiredo: “The CTO must be the best for the team, not the best of the team.”

But, where are the best programmers? Find out with the Divisio article.

But, what is the real cost of a good team for your company?

When we talk about the real cost of assembling a technology team, we are talking about what it can cause for your company — the good and bad points.

Not having a qualified professional who is not culturally aligned with your company can generate big deficits. As well? We are talking about a process from the inside out of a company.

If everything is messed up inside, it is possible that this may directly affect the productions and even the relationship with your company’s customer. Wrong information can be easily corrected when the team works together with transparency and communication. But, this doesn’t happen when there are failures that hinder the tuning, so the error can end up being passed on and cause problems that could be easily avoided.

To summarize, we can say that a good team:

  • Ensures a good future
  • Increase your company’s opportunities
  • Improves customer relationship

So, the real cost to invest in a successful technology team is thinking about the future and the achievements of your company. Think of a horizontal hierarchy, where everyone has a voice.

A strong team is able to keep the chances of success of your company increasing.

Always understand the needs of your company and your customer.

Remember that it is not enough just to follow all the steps above just once, and that’s it. Just as the job market changes every day, your team’s needs and your company will always be evolving. As well as those of the client. See 5 tips to align the expectation of results with your client.

What to do to keep up with the needs? Maintain consistency and don’t be afraid to test new methods and innovate. It is by testing that new formulas for success are known.

Also, it is essential that managers know how to create a good workflow by organizing and delegating tasks in the right way. Here are some tips:

  • Always listen to your people, their compliments, opinions and even criticism.
  • If one grows, the whole company grows
  • All work complete each other and have the same importance
  • If something is going wrong, search for solutions in the best way

One of the most noticeable difficulties within technology companies is the lack of someone to mediate the tech area with business. This caused a gap that needs to be filled by someone from the company. It may be through the CTO or someone appropriate for that position. Do it according to your company’s needs and limits, always. Outsource vs. software development with an in-house team — what is best for a startup?

Another valuable tip is: always to avoid short-term solutions. These quick, momentary solutions can work for just a few months and leave you hanging in the foreseeable future.

Want to know more?

Don't kill your startup in 12 months with a single lousy hire.

E-BOOK: Don’t kill your startup in 12 months with a single lousy hire.

Increasingly, valuing a quality team has become a fundamental part for the success of startups. According to the investment information company CB insights, not having the right team is the third reason that drives a company to bankruptcy, in 23% of the cases.

Get your free copy now.

--

--

Luiz Eduardo
Divisio
Editor for

CEO at Divisio. I work with inevitable people for a connected world.