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Bitcoin Developer Salary in the US and UK compare to Ukraine

Bitcoin Developer Salary in the US

The average Bitcoin developer salary in the US is $107,000 a year and hourly rate is $66. Junior level positions start at $50,000 a year while most experienced programmers make up to $150,000 a year. These results are based on the salaries extracted from Indeed.com job descriptions in April 2018. The most of the developers are needed at the moment in:
New York, NY, Boston, MA, San Francisco, CA

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Featured Bitcoin Jobs in the US

1 Blockchain Engineer Blockchain, bitcoin, Ethereum. YOU ARE a passionate Software Engineer with full stack software development experience and a desire to break into the crypto...

2 Web Developer/Engineer Smith + Crown, is the home for research and analysis across the breadth of Bitcoin, blockchain technology, digital currency and cryptofinance....

3 Associate Corporate Attorney Giga Watt is the world's first full-service state-of-the-art combined Blockchain hosting and service center for mining Bitcoin and other cryptocurrencies....

4 Front-End Engineer Bitcoin will change the financial industry! Ben Davenport is a technology entrepreneur and investor who had been deeply involved in Bitcoin since 2011....

5 Tech Advisory Blockchain Delivery Specialist - Southwest Reg... Bitcoin, Ethereum, Quorum, HyperLedger, Ripple Corda, Chaincode, Mongo etc. Join Accenture and help transform leading organizations and communities around the...

Bitcoin Developer Salary in the UK

The average Bitcoin coder salary in the UK is £56,000 a year and hourly rate is £35. Begginer level positions start at £30,000 a year while most experienced consultants make up to £90,000 a year. These numbers are based on the salaries extracted from Indeed.co.uk job descriptions in April 2018. The most of the developers are required today in:
London

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Recommended Bitcoin Jobs in the UK

1 CTO ( Chief Technology Officer) or CIO 90K + Equity London My client is an exciting entrepreneurial business who requires a CTO (Chief Information Officer) or CIO based in London, Shoreditch, specialising in the ...

2 WANTED: Social Media Fanatic – Internship (PAID) We are a Technology Disruptor developing 3D Printing & Manufacturing Technologies for Housing based in London. The successful candidates will be responsible...

3 Lead Developer / Senior Developer MySQL API PHP React Bitcoi... My client is an exciting entrepreneurial business based in London, Shoreditch, specialising in the Cryptocurrency market. This is an opportunity for a ...

4 Lead Software Developer or Back End Developer MySQL API PHP... My client is an exciting entrepreneurial business based in London, Shoreditch, specialising in the Cryptocurrency market. This is an opportunity for a ...

5 CTO - Blockchain Tech Start-Up - London/Berlin/Remote An understanding of blockchain platforms such as Ethereum, HyperLedger, Bitcoin etc is essential. CTO - Blockchain Tech Start-Up - London/Berlin/Remote....

How much do developers make in other technologies? Take a look at JavaFX, Heroku, Symfony, Socket.IO, Firebase, Automation, OpenCart, Spark, API, Java, Force.com, WPF, Moodle, Bitcoin, TensorFlow, ReactJS, Kubernetes, SaaS

The True Cost of Hiring an In-house vs Remote Bitcoin Developer in Ukraine

Often hiring managers face the “in-house vs outsource” problem. The biggest mistake CTOs, CEOs, and startup founders make when choosing (and comparing) coders is: they forget the embedded costs. Actually, there are numerous and substantial costs involved in hiring and maintaining employees. An in-house developer (or any worker) is always more expensive than his salary when you factor in embedded costs which aren’t reflected in the employee’s salary:
  • employee benefits (+10%)
  • administration and infrastructure (+10%)
  • paid leaves (+10%)
  • training (+5%)
  • management (+5%)
  • recruitment (+10%)

The outsourcing partner has the same embedded costs (though maybe in less amounts). The only difference is it had already factored these costs into its price quote. So, let’s take a fresh look at the adjusted (salary + 50%) numbers.

PeriodUS vs UkraineUK vs Ukraine
1 dev/m$12,750$3,200£6,375£2,400
1 dev/y$153,000$38,400£76,500£28,800
10 devs/m$127,500$32,000£63,750£24,000
10 devs/y$1,530,000$384,000£765,000£288,000
US = United States, UK = United Kingdom
In this scheme, outsourcing to Ukraine is the most cost-effective choice.

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