What % of your budget should you allocate to your engineering team?

Question

The cost of engineering has been on my mind lately, and I was wondering if anyone had any resources on what percent of a software company's budget should be spent on engineering?

Viewing this from the lens of a new organization/someone looking to launch a minimal viable or beta product.

Accepted Answer

it really depends on your business model and the stage of your company, but a common range is 20-40% of your overall budget allocated for your engineering team, to ensure top-quality product development and continuous innovation! 👩‍💻🚀

Priyanka Pahari · Answer

Typically, allocating around 20-30% of your budget to the engineering team is a common guideline for technology-focused companies. However, the specific percentage may vary depending on factors like company size and project requirements.

And just to let you know, I work at AppBox Tech and we offer end-to-end outsourcing and remote hiring opportunities to companies across a wide range of industries. By leveraging our expertise, we help out clients save time, effort, and up to 80% in costs while providing quality work from dedicated and reliable professionals.

Do you want to me reach out to you on LinkedIn to give you more idea?

What % of your budget should you allocate to your engineering team?

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