How do you evaluate the cost of a developer to the org?
I don't :) Not my job to hire developers. It is my job to evaluate the role of product marketing and developer advocates, however. I don't typically look at the cost of hiring them, but I do look at the typical business metrics and marketing funnel metrics to ensure we are ROI positive. I partner with a buyer experience team who has developers, designers, product managers that are dedicated to my team to help with our marketing web activity.
This involves a few things...
Direct costs:
salary - the most significant direct cost plus any bonuses or overtime
benefits: the cost of health insurance, dental, life
taxes and social security
Indirect costs:
recruitment costs: advertising, interviewing, assessment tests, etc
training and onboarding: the cost of training and getting someone up to speed can vary
equipment and tools: computer, software, etc
continuing education: professional development, certifications
Opportunity costs:
innovation and creativity
client satisfaction
team impact
To calculate: sum up all the direct and indirect costs and you'll have your estimated spend. Review this with your HR team and regularly assess with market bands.
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