Toptal pricing: how much do they really charge clients?

Published on
Feb 27, 2024
Written by
Teilur, Inc.
EDITED by
Teilur, Inc.
Read time
7 Minutes
Category
Transparency Research

When searching for remote tech talent, you may have noticed that many companies do not disclose their pricing information, including Toptal. 

However, at Teilur Talent, we believe in transparency and understanding the cost breakdown between the client and the developer. In this article, we will share our investigative process and reveal our conclusions on Toptal's pricing while also providing insights on how Teilur Talent's transparent pricing model can be a great alternative for companies seeking a partner in international tech recruiting.

Toptal cost for U.S companies

When working with Toptal, developers from around the world set their own prices and are advised by the company on an hourly rate based on their experience and talent. Toptal adds its own fee on top of this rate, which can increase the overall cost. Once a developer is hired, they are required to sign a contract stating they cannot disclose their pay rate to the client. At Teilur Talent, we believe in transparency and provide a clear breakdown of the cost breakdown between the client and the developer. Our model ensures that the developer receives a fair and transparent payment while keeping costs low for the client

So what's their fee? 

At Toptal, clients are required to provide a $500 down payment to begin the search for an engineer. Although they assure clients that the deposit is refundable if they are not satisfied after a two-week trial, there have been inconsistencies reported in the duration of the trial, as highlighted by reviews on websites such as www.websiteplanet.com. In some cases, the trial period may be shorter if the estimated time of the project is not lengthy enough. 

Toptal review
Toptal review

We will further analyze Julian Parge's review on www.trustpilot.com. Since Toptal does not disclose his data and engineers are forbidden to say, we have to rely on reviews given by former employees and clients.

After conducting a brief search on LinkedIn, we discovered that Julian Parge is the Head of Technology at Gaming Technologies, Inc., "a global online gambling software and operations company that builds brands around its cloud-based gaming platform".

Toptal reviews

According to the review:

  • Toptal wanted to charge the client over $20,000/month
  • The specifications were for a React developer with 5 years of experience.
  • At Teilur Talent, we believe a React developer with that experience (5yr) should be charging around $5,500, and with our fee, the total cost would be $6,875.

We also found another review on Quora from a former employer. We couldn't verify this information, but it stays in line with what other companies usually charge.

Toptal

Our thoughts on the pricing structure of Toptal 

While it's not possible for us to find details about how much of what a client pays ultimately goes to a candidate, we believe clients looking for transparent and straightforward pricing may want to look at other alternatives.

Our opinion is that if they are charging a client more than $20,000 monthly for a developer, they should at the very least be giving $16,000 to the candidate, but it's likely that it's even less than that. 

Teilur Talent Transparency

We have created a comprehensive pricing table on our website that provides clients with a clear understanding of what to expect in terms of costs, depending on the type of talent, location within Latin America, and experience level. 

Teilur talent pricing - transparency

The table includes all fees, and at Teilur Talent, we ensure that candidates receive at least 80% of the payment made by the client. Based on our pricing structure, a fair price for a developer with 5 years of experience would be between $42,000 and $78,000 per year, with at least 80% of that payment going directly to the developer.

Learn more about transparency in remote recruiting and how it shapes Teilur Talent's approach to client and developer relationships.

Considering alternatives? Explore Teilur Talent as your Revelo alternative for hiring top Latin American remote developers.

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.

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 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.