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If you're looking for the most recent blogging data on remote engineering for 2024, you've come to the perfect place. As someone who can provide the greatest coders in less than three days, I want to share some interesting trends and statistics about remote application engineering.
If you're looking to hire the top JavaScript developers or build a remote engineering team, have a coffee and read this article.
I've been a copywriter for Muoro for more than two years, and I think hiring engineering marvels from other nations is a fairly amazing business. Other than the fact that the ecology is still in its infancy, everything is fine. However, the pay for a good software engineer is lower. Will the candidates take it well? In order to create a robust ecosystem with greater value, we’ll need to discover solid answers to these problems.
However, things are becoming more valued and competitive, especially with players like Toptal, Turing, and Muoro. Let's discover how.
Over the past few years, I've witnessed huge shifts in how organisations approach software development.
Allow me to make one simple statement to you.
One pattern has become abundantly clear - remote software development or remote application engineering delivers unmatched value, especially for startups.
In the early stages, constant iteration is crucial as you refine your product-market fit hiring needs. However, the traditional hiring process can't keep pace with this rapid cycle of learning and adapting.
The pace of technological advancement is unstoppable; business models are changing, the digital framework is being overhauled, and internet speeds are rising. I mean there’s a constant and limitless buzz on the system.
That's why remote pre-vetted software engineers, JavaScript developers, machine learning coders, blockchain and cloud engineers have become the talk of the town.
For one client in the edtech space, scaling their pilot program required doubling their engineering capacity within a month. By partnering with Muoro, they gained a team of JavaScript specialists ready to hit the ground running. This allowed them to quickly integrate critical new features and launch on schedule.
Cost is another huge factor. On average, we can provide the same calibre of talent for around 30-50% less than local rates. For a seed-stage startup, that difference could mean the ability to develop an MVP or raise another round of funding.
Cultural diversity also sparks greater innovation. One fintech client found that a distributed team uncovered use cases they'd missed by thinking narrowly. Insights from our engineers in India and Ukraine, for example, helped expand into new emerging markets.
As remote-first models become the norm, I think talent will continue flowing to companies embracing this model.
Muoro aims to level the playing field, so organisations of any size can access top global skills when and where they need them most. If you need JavaScript developers or a team of JavaScript developers, get in touch with me or Muoro today!
It's time to move on to the statistics and trends surrounding remote engineering.
According to a KPMG poll, more than 11% of the studied organisations have already implemented flexible work arrangements or remote work without a formal policy in place, while another 27% are in the process of establishing standard operating procedures for remote work.
Turing claims that 3 out of 4 developers would resign from their jobs if they were unable to work from home, while another 18% were unsure.
According to Muoro, the constant integration of AI into technologies has resulted in a 15% growth in the need for remote AI developers and offshore machine learning specialists throughout the past two years. Hire the best JavaScript devs with us and see the results.
By 2025, an estimated 32.6 million Americans, about 22% of the workforce, will be working remotely, according to Upwork, indicating a promising future for remote work.
According to a South African research, the number of people hired remotely has tripled. It also states that 92% of developers in South Africa now work remotely, and 14% of them are paid for their remote workspace.
According to another report, as of 2024, 41% of workers work remotely and 42% work in hybrid mode.
The desire to work from home (31%) has increased from 28% the previous year, according to a Forbes article from 2024, while more firms are asking employees to return to the office.
Pricing trends in remote engineering as per geography | Offshore software development rates by countries
To the best of my knowledge, remote engineering offers advantages beyond recruiting top talent and maintaining happy workers.
Just deduct the pricey office space, utilities, and other expenses associated with a traditional in-house workforce. Startups and even large tech companies (dealing with artificial intelligence, machine learning, data analysis) can realize huge cost savings with remote hiring of software devs.
1. Developed Countries:
a. US, Australia, Western Europe, Israel, UAE
b. High-quality life standards, stable economies
c. IT outsourcing rates: $60 to $350 per hour
2. Developing Countries:
a. Latin America, Africa, Asia, Eastern Europe
b. Lower offshore development rates: $20 to $60 per hour
c. High number of skilled specialists
d. High flexibility and communication-balanced
3. Offshore Software Development Rates in Asia:
a. India: $20 to $60 per hour (Bangalore, Delhi, Mumbai, Kolkata)
b. China: $30 to $70 per hour (Beijing, Shanghai, Shenzhen)
c. Philippines: $20 to $45 per hour
d. Ukraine: $30 to $55 per hour
e. Georgia: $25 to $45 per hour
f. Argentina: $25 to $50 per hour
g. Peru: $30 to $50 per hour
h. Brazil: $25 to $65 per hour
Do you know, for instance, why remote or offshore software development is worthwhile?
Smaller development teams and engineers with more diverse skill sets are becoming more and more necessary. Only cost-effective remote hiring can fulfil this pattern.
Get in touch with Muoro today to get the latest pricing for JavaScript engineers. Hire a team of JavaScript devs and save over 48% in development costs.
Our JavaScript engineers are quite flexible, enabling you to work on the back end using node.js and the front end with frameworks like React, Angular, and Vue.
Hire a JavaScript developer right now with Muoro! Get the best pricing for offshore JavaScript development!
Please feel free to comment below if you have any thoughts about the information above. You can always write us a message if you have something intriguing going on in the offshore software development and remote tech businesses.