Tech Team Salaries and Benefits
#### AI/ML Engineer
- **Average Salary:** $130,000 - $180,000 per year
- **Benefits (30% of salary):** $39,000 - $54,000
- **Total Annual Cost:** $169,000 - $234,000
#### Video Engineer
- **Average Salary:** $70,000 - $110,000 per year
- **Benefits (30% of salary):** $21,000 - $33,000
- **Total Annual Cost:** $91,000 - $143,000
#### Full-Stack Developer
- **Average Salary:** $90,000 - $140,000 per year
- **Benefits (30% of salary):** $27,000 - $42,000
- **Total Annual Cost:** $117,000 - $182,000
#### UI/UX Designer
- **Average Salary:** $70,000 - $100,000 per year
- **Benefits (30% of salary):** $21,000 - $30,000
- **Total Annual Cost:** $91,000 - $130,000
#### Audio Engineer
- **Average Salary:** $60,000 - $90,000 per year
- **Benefits (30% of salary):** $18,000 - $27,000
- **Total Annual Cost:** $78,000 - $117,000
#### Creative Director
- **Average Salary:** $100,000 - $150,000 per year
- **Benefits (30% of salary):** $30,000 - $45,000
- **Total Annual Cost:** $130,000 - $195,000
#### Marketing Specialist
- **Average Salary:** $60,000 - $90,000 per year
- **Benefits (30% of salary):** $18,000 - $27,000
- **Total Annual Cost:** $78,000 - $117,000
### 2. Total Annual Costs
Let's calculate the total cost for both the lower and upper range:
#### Lower Range Total Cost
- **AI/ML Engineer:** $169,000
- **Video Engineer:** $91,000
- **Full-Stack Developer:** $117,000
- **UI/UX Designer:** $91,000
- **Audio Engineer:** $78,000
- **Creative Director:** $130,000
- **Marketing Specialist:** $78,000
**Total Lower Range Cost:** $754,000 per year
#### Upper Range Total Cost
- **AI/ML Engineer:** $234,000
- **Video Engineer:** $143,000
- **Full-Stack Developer:** $182,000
- **UI/UX Designer:** $130,000
- **Audio Engineer:** $117,000
- **Creative Director:** $195,000
- **Marketing Specialist:** $117,000
**Total Upper Range Cost:** $1,118,000 per year
### 3. Additional Costs
#### Recruitment and Onboarding
- **Recruitment Costs:** $5,000 - $10,000 per hire
- **Onboarding Costs:** $2,000 per hire
Assuming 7 hires:
- **Total Recruitment Costs:** $35,000 - $70,000
- **Total Onboarding Costs:** $14,000
**Total Additional Costs:** $49,000 - $84,000
### 4. Office and Equipment Costs (Optional, if not remote)
- **Office Space:** $10,000 - $20,000 per year per person
- **Equipment (computers, software licenses, etc.):** $5,000 per person
For 7 employees:
- **Office Space Total:** $70,000 - $140,000
- **Equipment Total:** $35,000
**Total Office and Equipment Costs:** $105,000 - $175,000
### 5. Total First-Year Costs
#### Lower Range Total Cost
- **Salaries and Benefits:** $754,000
- **Additional Costs:** $49,000
- **Office and Equipment Costs:** $105,000
**Total Lower Range First-Year Cost:** $908,000
#### Upper Range Total Cost
- **Salaries and Benefits:** $1,118,000
- **Additional Costs:** $84,000
- **Office and Equipment Costs:** $175,000
**Total Upper Range First-Year Cost:** $1,377,000
### Summary
The estimated total cost to hire the team for the first year ranges from $908,000 to $1,377,000. This includes salaries, benefits, recruitment, onboarding, and optional office and equipment costs.