The Functionary alternative for Latin American talent

Published on
Apr 5, 2024
Written by
Teilur, Inc.
EDITED by
Teilur, Inc.
Read time
4 Minutes
Category
Transparency Research

Navigating the dynamic field of Latin American nearshoring requires a discerning choice in staffing partners, a decision that goes beyond mere convenience to fundamentally influence the success of your projects. Among the frontrunners, Teilur Talent and The Functionary emerge, each serving unique client needs with their distinct approaches. 

This analysis delves into the essential task of matching your hiring requirements with the particular strengths and philosophies of these companies, emphasizing commitment to value-driven service and transparent pricing as key differentiators.

Teilur Talent Vs. The Functionary

Teilur Talent and The Functionary occupy prominent positions in the remote hiring space, yet their core philosophies and target markets set them apart. Teilur Talent emphasizes transparent pricing and alignment with client missions, focusing on Latin American tech talent. 

In contrast, The Functionary offers a broader, global reach, prioritizing long-term engagements without the same emphasis on transparency or mission alignment, marking a clear distinction in their approach to remote staffing solutions.

While it is true that The Functionary allows clients to conduct interviews to select the right candidate. However, in the event of a replacement, their process lacks clarity on whether a new candidate is automatically assigned or if clients have the opportunity to conduct additional interviews-a potential source of uncertainty and disruption to client projects. 

In addition, while The Functionary requires a minimum commitment of five people for certain areas, such as the contact center, Teilur Talent offers flexibility with no initial commitment, catering to clients who want to start with a smaller team.

  • No annual contracts
  • Pay only when ready to hire
  • No upfront commitments or retainer fees.
  • Talent keeps most of the payment
  • Exclusive recruiting in Latin America

Transparent fair pricing

When it comes to pricing transparency, Teilur Talent and The Functionary adopt different approaches that significantly affect client decisions. Teilur Talent prides itself on a clear and upfront pricing model. For example, for a Senior QA Engineer, Teilur Talent charges range from $5,625 to $7,750 per month of which 80% is the candidate's salary, and Teilur Talent's fee is 80%. This structure is openly disclosed, ensuring clients know exactly where their investment goes.

The Functionary alternative: Teilur Talent

Explore tailored pricing with our cost calculator at the blog's end for a clear, customized estimate of your project's needs.

In contrast, The Functionary's pricing, while comprehensive, might lack the same level of transparency. Their rates for similar roles, such as a Senior JavaScript Developer, range from $5,000 to $6,500 per month, covering all logistics, payments, benefits, and their profit margin. However, the exact breakdown between the candidate's salary and The Functionary's fee remains unclear, potentially leaving clients guessing about the direct compensation to the talent.

On Glassdoor, with a rating of 3.6 stars, several reviews mention non-competitive salaries. Among these, a notable 5-star review highlights the benefits but also touches on salary concerns and low staff retention.

The functionary review

Teilur Talent's commitment to ensuring that the majority of the payment goes directly to the talented professionals allows clients to attract and retain the best software engineering expertise in Latin America.

  • Team-centric, not just client-centric
  • Integrate developers as core team members
  • Tailored fit for each role
  • Candidates aligned with interviewing standards and practices

Team focused, not client focused

Our tech talent sees you as more than just a client. They integrate seamlessly into your team, embracing your mission and values as if they were hired locally. The only difference is that they work remotely outside the U.S.

When the hiring process emphasizes mission and vision, developers become true team members. They don't just work to complete tasks; they become essential collaborators, engaging with your local staff and demonstrating a heightened commitment to the success of your projects.

The right candidate for your team

Teilur Talent's rigorous candidate selection process ensures not only a technical match but also a cultural fit, setting it apart from The Functionary. While The Functionary facilitates client interviews and potentially offers a wide pool of candidates, Teilur Talent goes a step further by pre-screening candidates to ensure they meet both the technical requirements and the cultural ethos of the hiring company, promising a seamless integration into existing teams.

Teilur Talent ensures that candidates are not just matched, but are a perfect fit for your specific needs. This is in contrast to The Functionary, where the focus may be on filling a role rather than finding the perfect match.

Similarities and differences between The Functionary and Teilur Talent

When would you recommend that my company choose The Functionary or Teilur Talent?

  • The Functionary: Ideal for businesses seeking a broad, global talent pool with a preference for long-term engagements. Their structured approach to staff augmentation and emphasis on long-term commitments might suit projects requiring stable, ongoing development work.
  • Teilur Talent: Best suited for companies focusing on Latin American tech talent with a high priority on transparent pricing and mission alignment. Teilur Talent's flexible engagement model, which requires no initial commitment, is particularly appealing for startups or projects with dynamic scaling needs.

What would you say are the top benefits of working with Teilur Talent compared to The Functionary? 

Partners choose Teilur Talent over competitors like The Functionary because of our transparent pricing, mission focus, and pre-screened candidates. Our commitment to a customized fit for each role ensures that the candidate's technical expertise seamlessly aligns with the organization's values, surpassing traditional recruiting agencies.

One of the key advantages of partnering with Teilur Talent over The Functionary is our transparent pricing model. We charge per candidate and guarantee that the talent receives at least 80% of the money you pay us, ensuring that they are fairly compensated for their efforts.

The Functionary handles payroll, compliance, and recruiting. How about Teilur Talent?

Similar to The Functionary, Teilur Talent provides an all-encompassing solution that manages payroll, compliance and recruitment. Our streamlined process ensures efficient operations, allowing you to focus on your core business while benefiting from transparent pricing.

How does Teilur Talent ensure that the talent is better retained than The Functionary?

Teilur Talent's approach to talent retention is multifaceted, focusing on fair compensation, professional development, and alignment with the company's mission. By guaranteeing that a significant portion of client payments goes directly to the talent, Teilur Talent ensures competitive compensation. Additionally, by aligning candidates with projects that resonate with their personal and professional aspirations, Teilur Talent fosters a sense of belonging and purpose, leading to higher retention rates compared to The Functionary's model, which may prioritize filling positions over creating meaningful connections.

Conclusion

This discussion underscored the critical role of transparency, cultural alignment and retention strategies. The conclusion comes from a thorough comparison where both companies stand out for their nearshoring services, highlighting Teilur Talent's commitment to straightforward pricing and matching clients with talent that fits their culture. If price transparency and cultural alignment are important to you, you will find that Teilur Talent is the best choice.

We invite you to delve deeper into how Teilur Talent can meet your remote hiring needs, offering a partnership that transcends mere talent acquisition to foster genuine collaboration and growth. Explore our services and discover the Teilur Talent difference in fulfilling your project's objectives with precision and integrity.

If you're exploring options beyond The Functionary, our blog on the Top 15 QA Outsourcing and Nearshoring Agencies could be exactly what you need to broaden your horizons.

Need help with cost expectations? 

Costs vary depending on the final offer our candidate accepts. 80% of what you pay goes to the candidate, and the remaining 20% is our fee. We’ve put together some examples of price ranges with all fees included, to help you establish clear pricing expectations for the services we offer.

Pillars
Colombia
Argentina
Mexico
Brazil
Group 1. Coordinators, data analysts, tech sales

$1,500 - $2,000

$1,500 - $2,000

Group 2. Product, designers, growth marketers

$2,000 - $3,500

$2,000 - $3,500

Group 3. Developers and Sr. tech talent (4+ years)

$3,500- $5,000

$3,500- $5,000

Group 4. Sr. software & data engineering (7+ years)

$5,500- $8,500

$5,500- $8,500

1:1 recruiting support

via integration

Talent focus
Pillars
Colombia
Argentina
Mexico
Brazil
Group 1. Coordinators, data analysts, tech sales

$18,000 -$24,000

$18,000 -$24,000

Group 2. Product, designers, growth marketers

$24,000 -$42,000

$24,000 -$42,000

Group 3. Developers and Sr. tech talent (4+ years)

$42,000-$66,000

$42,000-$66,000

Group 4. Sr. software & data engineering (7+ years)

$66,000-$102,000

$66,000-$102,000

1:1 recruiting support

via integration

Talent focus

*Transparent pricing refers to understanding how much a company takes as a percentage of how much a client pays for hired talent. These prices are estimates and always depend on the final offer the candidate takes.

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.

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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 content-research@teilurtalent.com 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.