Why You Keep Losing Great Devs to Freelance Gigs

Struggling to compete with freelance gigs for top developers? Discover why they’re choosing flexibility and control—and how you can win them back.

Why You Keep Losing Great Devs to Freelance Gigs

Does it feel like every time you’re about to land a brilliant developer, they slip through your fingers and take up a freelance contract instead?

It’s frustrating, right? You’ve put in the effort, the interviews went well, and the offer is competitive—or so you thought.

If you’re losing devs to freelance roles, you’re not alone. This is a growing trend in the tech world, and it’s shaking up traditional recruitment strategies.

But here’s the thing: the problem might not be the candidates. It could be the way your company approaches hiring and retention in an industry that’s changing faster than ever.

What’s Behind the Shift Toward Freelance Work?

Let’s take a closer look at why developers are increasingly choosing freelance gigs over permanent positions. The reasons might surprise you:

Flexibility: Freelance roles give developers the freedom to work on their own terms—choosing projects they’re passionate about, setting their own hours, and even working from anywhere in the world.
Higher Earnings: Many freelance contracts offer attractive day rates, often outpacing the salary of a permanent role, especially for niche skills like cloud computing or AI development.
Variety: Freelancers get to tackle a range of projects for different industries, keeping their work exciting and diverse.

It’s not just about the money, though. For many developers, freelance roles offer a sense of control over their careers that permanent positions often lack.

And in an industry as dynamic as tech, control can be a powerful motivator.

The Hidden Costs of Losing Talent to Freelance Roles

So, what happens when your company repeatedly loses great developers to freelance gigs?

The impact can be bigger than you might think:

Project Delays: Without the right talent in place, projects take longer to complete, slowing your company’s progress.
Higher Recruitment Costs: Constantly replacing candidates is expensive, especially if you’re using outdated hiring strategies that aren’t producing results.
Team Morale: When teams are understaffed or lose key members, it can lead to burnout and dissatisfaction among your existing employees.

And let’s not forget the intangible costs. Losing talented devs to freelance roles can hurt your company’s reputation in the tech community, making it even harder to attract top-tier talent in the future.

Where Traditional Hiring Falls Short

If you’re struggling to compete with the freelance market, it might be time to take a hard look at your current hiring and retention strategies.

Here’s where many companies go wrong:

1. Rigid Work Structures

Developers thrive on flexibility. If your company enforces strict office hours or offers limited remote work options, you’re already at a disadvantage.

Freelance gigs offer the kind of freedom that many tech professionals have come to expect in their careers.

2. Outdated Perks

Ping-pong tables and free coffee are nice, but they’re not enough to sway today’s developers.

They’re looking for meaningful perks—like flexible schedules, professional development opportunities, and the chance to work on cutting-edge technology.

3. Focus on Short-Term Needs

If your hiring strategy is purely transactional—focused solely on filling immediate roles—you’re missing the bigger picture.

Developers want to feel like they’re part of a long-term vision, not just plugging a hole in a team.

How Coburg Banks Can Help You Stay Competitive

This is where Coburg Banks’ IT Recruitment division comes in. They understand the challenges of today’s tech hiring landscape and know how to help companies adapt to these shifts.

Why Coburg Banks Stands Out

With their deep industry knowledge and tailored approach, Coburg Banks can help your company attract and retain the skilled developers you need. Here’s how:

Access to Passive Talent: Many of the best developers aren’t actively looking for jobs. Coburg Banks has the networks and expertise to tap into this hidden pool of talent.
Tailored Recruitment Strategies: They don’t just post job ads and hope for the best. They take the time to understand your company’s needs and craft a strategy that works.
Focus on Cultural Fit: Finding candidates who align with your company’s culture is just as important as matching technical skills. Coburg Banks excels at both.

Plus, they’re experienced in managing both permanent and contract recruitment, so you can build a team that balances stability with the flexibility to scale when needed.

Picture Your Ideal Team

Imagine a team where every developer is not just skilled, but also fully engaged and aligned with your company’s goals.

Projects get completed on time, innovation thrives, and your business stays ahead of the curve.

That’s what’s possible when you work with Coburg Banks. They bring the expertise and resources to turn your recruitment challenges into opportunities for growth.