Hi, It's Emil from Katie and Emil consulting and this is Episode 9 of
True Cost of a Power BI resources in UK called Which option is best?
In this episode I'm going to provide you with some recommendations on which option is
best the most cost-effective option is a permanent employee
so a 50,000 true cost is 75 to 90k , it can be less
or more than that and on a daily basis for productive time is 350 to 460.
I would recommend to consider this option if you
know that you have ongoing need for Power Bi resource so typically is
3 plus years. Now with a permanent option it can be harder to find a candidate to
meet your needs because once people reach a certain level there are more
inclined to go contracting instead of permanent jobs because the take home is
significantly higher. So if you are struggling to find a permanent employee
you may consider contractor short term and then find a permanent position once
you find the right candidate. Now with a permanent position it's also there is a
bit of a challenge because once you get someone you need to ensure you got the
right person because if you get it wrong it can be very very expensive. When it
comes to contractors if you know your project is a short term on a short term
basis typically on a contract market you can do 3 months plus so
typically it starts 3 months and that gives you flexibility to end the
project if you need to end it or if you don't like the contractor you can end it
as well and then you extend it and if its
1, 2, 3 years that's usually a good option because as much as it's more than
permanent it's easy to let go of someone if you don't like, it it's easy if
something changes so if there's a significant change and a project is
canceled you release the resources with no additional costs. And so that's the
rate 550 to 670 true cost and yearly one. Now the next option is a consulting
company, the consulting companies 200 to 218, 890 to 970 so you can see its significantly
higher than contractor so why would you go consulting company, now you would go a
consulting company if you don't want to recruit someone yourself and you want
someone who already has already done a number of different projects and someone
that knows how to follow the procedures from the consulting company so if you
don't want to manage someone you don't want to care too much about it
you can off load it to a consulting company so typically in here you would
manage it yourself but in consulting company you don't have to manage it so
that's a benefit. Now consulting companies can also
provide you with productivity so if you find the right consulting company they
will have their own processes, there will have their own management tools and as
long as they are effective you can save money compared to other options and
reduce the hustle, so this is still something I would recommend in certain
situations or when you need someone to do it very very quickly and you don't
have the time to recruit and ensure that you have the right person.
Now when it comes to our team we only do remote so that's not for everyone but
the cost is starts from 124 a year, 550 a day. Now in our case the
cost is similar to a contractor and we covered the recruitment aspect so you
don't have to worry about finding the right candidate it's going to be someone
either ourselves of someone we recruit so it's going to be within our
standards which are very very high. You also get the benefits of a consulting
company because we run our own processes we manage the project ourselves and if
that's what you are after and you want to a project that is cost effective
that's a very good option. Now I have covered three different options at the
top and our own option, now which one is best for you there are also additional
factors to consider especially if you want to manage it yourself if you want
to manage it yourself these are your two options and we don't do that and if you
want someone else to manage the project for you typically those two options are best
Now these leaves some exceptions where you still want an expert but you
cannot afford the budget and that's something we can help you with and it's
something I will cover in the next episode
but for now hopefully I've given you some useful information in this episode
thank you for watching this video
Who are we, Katie and Emil consulting remote Microsoft BI experts since 2011
we help businesses deliver BI projects and achieve best possible results by
providing our development and consulting services.
We specialize in Power BI and SQL Server Business Intelligence. If you
have a BI project and you need our help to deliver it please visit our website
at KatieandEmil.consulting
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