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Estimated time, cost, and size of building a team in Thailand

+1 vote

From a business owner perspective, how big a team did you build over how many years (when your team size pretty much stabilized) and at what weighted cost (inclusive of infrastructure / equipment /rent /etc…) for that period of time. Effectively, if someone were to come to Thailand and be able to reproduce your exact results, how long would it take, how much would it cost, and what would be the team size as a result?

asked Dec 14, 2017 in Business
by website-user (7,010 points)

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1 Answer

+1 vote
Best answer

Team peaked at 20 (after 4 years) and stabilised at 10 (after 7 years). A (very rough!) ballpark figure per employee, including hiring, training salary, benefits, rent, equipment, infrastructure, overhead, etc. I’d put at ~500,000 THB / year.

We’re a very young team Focus is on salary+benefits with the office itself being rather barebones (no free laundry / massage / beanie bags / pool table / etc.).

In general I’d describe the organisation as very lean. Speaking Thai, not requiring customer-facing office facilities, hiring fresh graduates (and training them), providing lots of cash-flow-friendly benefits (e.g lots of vacation days), as well as keeping overhead at a minimum (no tracking of work hours, etc.) all contributed to that.

answered Dec 14, 2017
by website-answer (38,870 points)
selected Dec 14, 2017 by website-user