The Functionary pricing: How much do they charge clients?

Published on
Aug 12, 2024
Written by
Teilur, Inc.
EDITED by
Teilur, Inc.
Read time
4 Minutes
Category
Transparency Research

Companies need to identify dependable partners who can offer effective staffing solutions in an environment where the business landscape is changing rapidly. Originally founded as a contact center, The Functionary has evolved over time to become a flexible "solutions provider". Their entry into the software development services industry is particularly notable, and their personnel and talent acquisition strategies have garnered attention.

The Functionary's Cost for Companies in the U.S.

Our pursuit of transparency led us to request a call with The Functionary to understand their pricing intricacies. However, the response only raised more questions. The table of prices sent via email lacked specifics on how much each candidate receives, leaving a gap in understanding the true distribution of the client's investment.

the functionary pricing - Teilur

During the call, queries about the breakdown of charges were met with broad statements. The Functionary asserted that their rates encompassed everything – from logistics and payments to benefits, health, and their profit margin. However, critical details, such as the percentage or amount allocated to each component, remained elusive.

Although The Functionary presents itself as a flexible solutions provider, our investigation into their pricing strategy revealed several details that require close examination. We had an open discussion to gain clarity on certain responsibilities that are essential for teams focusing on technology. This is what we found:

  • JavaScript Technologies Senior: $5,800 - $8,500 per Month
  • QA Senior: $5,000 - $6,500 per Month

Comparatively speaking, Teilur Talent offers reasonable fees for comparable positions, ensuring the mutual benefit of clients and candidates. Our pricing clearly reflects our commitment to transparency, as follows:

  • QA Senior: $3,125 - $5,625 per Month
  • Full Stack Developer: $5,625 - $7,750 per Month

Additionally, Teilur Talent's pricing model is open and clear, with a 20% charge that allows candidates to keep 80% of the entire amount paid by clients in the US or Canada.

Our investigation uncovered possible flaws in The Functionary's strategy for developing remote teams. Certain factors require careful attention, ranging from minimum commitments and candidate replacement processes to concerns about candidate availability and exclusivity:

Minimum Commitments: While flexibility is crucial, some areas require a minimum of 5 persons, which may limit options for clients who initially prefer a smaller team.

Candidate Replacement: While the promise of replacements is reassuring, the potential downtime and project disruptions during this process present issues for customers.

Candidate Availability: The time-consuming stages involved in candidate selection, such as cultural fit evaluations, interviews, and onboarding, may conflict with urgent staffing demands.

Flexibility and Exclusivity: The Functionary's methods are unclear, raising concerns about client involvement in candidate substitution and exclusivity.

Our Thoughts on The Functionary's Pricing Structure

As we navigate this complexity, our discoveries lead us to reconsider the cost-benefit balance. While The Functionary may provide solutions, we are concerned about the lack of transparency and the potential challenges that clients may face.

Finally, the intricacies of The Functionary's pricing mechanism highlight the importance of making informed decisions. Understanding the nuances of pricing, commitments, and potential drawbacks becomes crucial as firms seek trusted partners for remote team creation. Our investigation can assist firms in building productive, cost-effective, and transparent remote teams.

Explore our website at Teilur Talent and find a convenient budget calculator bellow. Our hiring costs are flexible and determined by the candidate's accepted offer. Use our calculator to estimate the cost of various roles.

Also, explore Tecla pricing model and gain insight into how much they charge clients in comparison to other players in the market.

Need help with cost expectations?

Our hiring costs vary depending on the candidate's accepted offer. Use our calculator to estimate costs for different roles.

Estimate cost
Oops! Something went wrong while submitting the form.
Expected monthly cost

$

0

Candidate's salary
$

0

Teilur's fee
$

0

Total payment
$

0

Start hiring empezar aplicación
Median:
$
0
Min:
$
0
Max:
$
0
At Teilur, Inc, we are committed to accuracy and fairness in all our content. Our discussions and comparisons, particularly those concerning other businesses in the recruitment industry, are grounded in the best interpretations made by our dedicated staff, based on publicly available information. We hold a deep respect for the unique qualities of each organization within our field and strive to offer valuable insights rooted in our core beliefs about the recruitment industry's workings. If you encounter any factual inaccuracies in our content, we encourage you to reach out to us at [email protected] with the specific URL in question. Your feedback is invaluable, and we are committed to reviewing and addressing your concerns.

Got questions? We've got answers.

1

How is Teilur Talent different from other tech recruiting companies in LATAM?

At Teilur Talent, we take a mission-focused approach to recruiting, ensuring that our candidates are aligned with your company's vision and goals. Unlike other tech recruiting companies in LATAM, who may focus solely on technical skills, we prioritize the cultural fit and dedication of our team members to your company. For this reason, we do not support project contractor or freelancer roles. Instead, we focus on fully devoted team members who will help you achieve long-term success. If you are looking for freelancers to complete one-off projects, you probably are better off going to companies like fiver.com, toptal.com or upwork.com.

2

How does Teilur Talent attract and retain the best talent compared to other companies?

At Teilur Talent, we offer our candidates competitive salaries that are 2x to 3x higher than what tech companies would pay locally. This allows us to attract top talent and retain highly motivated and loyal team members. Additionally, we focus on finding candidates whose values align with the purpose, visoin, and mission of our clients. This approach ensures that our engineers and tech talent are not just coding and completing task—rather, they become part of a greater purpose, which gives them meaning and helps us attract and retain the best talent.

3

What are the typical tech roles that Teilur Talent recruits for?

At Teilur Talent, we specialize in recruiting for a wide range of tech roles that are typically in high demand. These include positions such as DevOps engineers, QA analysts and engineers, back-end and front-end developers, data scientists, product managers, business developers, and technical sales positions. Essentially, we recruit for most roles that are needed in B2B and B2C tech-focused businesses.

4

What are Teilur Talent's fees and pricing structure?

At Teilur Talent, we believe in transparency. We charge a flat rate fee of 20% of what the client pays. This way, our clients know exactly what they are paying for and how much the candidate gets. As an example: If a client hires a software engineer for $60,000 per year ($5,000 per month), Teilur's monthly fee would be $1,000 (20% of $5,000). We don't believe in hidden fees or unwanted surprises, so we disclose all costs upfront to both candidates hired and companies. When exploring other alternatives, make sure they are transparent about their pricing. We believe this is paramount for the benefit of all parties involved in this new era of remote work.

5

What is the candidate screening process at Teilur Talent, and how do you ensure a good fit for my company?

At Teilur Talent, we take candidate screening very seriously. We use a multi-layered approach to find the best candidates for our clients, starting with screening thousands of candidates from our internal and proprietary networks. We leverage AI technology to assess whether a candidate matches the technical skills required for a given job opening. We also perform additional personal evaluations to ensure that the candidate has the soft skills, culture fit, and English language skills required to excel in their new role. Our rigorous screening process ensures that only the best candidates make it through to our clients, saving them time and helping them find the best talent for their teams.