Question Page

How do you evaluate the cost of a developer to the org?

Justine Davis
Justine Davis
Postman Head of MarketingNovember 18

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. 

1245 Views
Amanda Groves
Amanda Groves
Enable VP of Product Marketing | Formerly Crossbeam, 6sense, JazzHR, Imagine Learning, AppsemblerMarch 27

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.

346 Views
Influencing the Product Roadmap
Thursday, December 12 • 12PM PT
Influencing the Product Roadmap
Virtual Event
Rachel Cheyfitz
Amin A.
Lauren Novak
+131
attendees
Top Product Marketing Mentors
Mary Sheehan
Mary Sheehan
Adobe Head of Lightroom Product Marketing
Jeffrey Vocell
Jeffrey Vocell
Panorama Education Head of Product Marketing
Kevin Garcia
Kevin Garcia
Anthropic Product Marketing Leader
April Rassa
April Rassa
Clari VP, Solutions Marketing
Susan "Spark" Park
Susan "Spark" Park
Monzo Director of Product Marketing
JD Prater
JD Prater
AssemblyAI Head Of Product Marketing
Jeff Hardison
Jeff Hardison
Calendly VP of Product Marketing
Leah Brite
Leah Brite
Gusto Head of Product Marketing, Employers
Mike Berger
Mike Berger
Ex-VP, Product Marketing @ ClickUp, SurveyMonkey, Gainsight, Marketo
Aliza Edelstein
Aliza Edelstein
Route VP of Product Marketing