Teilur Talent's pricing disrupting with transparency in recruiting

Published on
May 7, 2024
Written by
Juan David Rodríguez
EDITED by
Maria del Mar Agudelo
Read time
3 Minutes
Category
Talent Insights

Traditional remote recruiting companies often lack transparency in pricing, leaving both clients and developers in the dark about how much each party is being paid. This can lead to developers being underpaid for their work, while clients are left with a lack of understanding about the true cost of hiring a remote developer. That's where Teilur Talent comes in. As a company that focuses on transparency and fair compensation, Teilur Talent is disrupting the remote recruiting industry with its unique pricing model.

The Problem with Traditional  Pricing

Many traditional remote recruiting companies hide fees and markups, making it difficult for clients to understand the true cost of hiring a remote developer. For example, a company may tell the client that the cost for a front-end developer is $8,000 per month, but in reality, they may only pay the developer $4,000 per month and keep the rest as their fee. This lack of transparency in pricing can also lead to developers being underpaid for their work, with the majority of the payment going to the recruiting company rather than the developer who is doing most of the work.

As a result, when developers realize how much recruiting companies keep as a percentage of the total payment of a candidate, more distrust and resentment arises, given that the developer is the one putting most of the effort of doing the work. The secrecy and the lack of disclosure of recruiting companies create even more distrust between a developer and the recruiting agency. Most developers see recruiting companies as an added tax to their work more than a partner.

Think about it. If you as a hiring manager hire and manage a great software who is putting their sweat and tears into your product or business, and you pay the developer $8,000 per month, but you know he only gets $4,000, regardless if $4,000 is a high salary in Latin America or not, you will not think it is fair that the recruiter keeps half of the pay.

This is where Teilur Talent's transparent pricing model comes in. Teilur Talent aims to solve this problem by aligning the incentives of developers and companies, and creating a more equitable relationship between the two parties.

The Benefits of Teilur Talent's Transparent Pricing Model

Teilur Talent's 20% fee is fully transparent, with clients knowing exactly how much they're paying and developers receiving fair compensation. This creates trust and fosters a better working relationship between developers and clients. With the focus on transparency, clients can be assured that they're getting the best value for their money, while developers are fairly compensated for their work.

Teilur Talent's model reduces costs for clients and increases pay for developers, making it a win-win situation for both parties. This has helped to establish Teilur Talent as a company that values fairness and transparency, setting it apart from traditional remote recruiting companies.

How Teilur Talent's Model is Disrupting the Remote Recruiting Industry

Teilur Talent's focus on transparency and fair compensation is resonating with clients and developers alike. The company has successfully connected clients with top talent in Latin America while providing a transparent and fair hiring process. By disrupting the traditional remote recruiting industry with its unique pricing model, Teilur Talent is challenging the status quo and setting a new standard for how remote recruiting should be done.

One of the biggest challenges facing U.S. tech companies today is finding and retaining top talent. With turnover rates for software engineers at an all-time high, it's more important than ever to provide fair compensation and a supportive work environment. According to the 2021 Bureau of Labor Statistics report, the average turnover rate for software engineers is a staggering 57.3%.

At Teilur Talent, turnover rates are less than 15%. This is a testament to the company's commitment to fair compensation and transparency. By working with Teilur Talent, U.S. tech companies can reduce their turnover rates and retain their talent for longer periods of time. This has numerous benefits, including reduced costs associated with retraining new talent and the ability to build stronger teams that are more aligned with the mission and goals of the company.

Conclusion

Teilur Talent's transparent pricing model is disrupting the remote recruiting industry by setting a new standard for transparency and fair compensation. With its focus on building trust and fostering better working relationships between clients and developers, Teilur Talent is well-positioned to continue to grow and succeed in the remote recruiting space. If you're looking to hire remote tech talent, choosing Teilur Talent means you can be confident that you're getting the best value for your money while supporting a company that values fairness and transparency.

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.