Frequently Asked Questions

Career Opportunities

  • Are working hours fixed? How much flexibility is there?

    Working hours are flexible, there is no fixed time to start or finish work as long as you cover your daily working hours. You will need to join the meetings, but other than that, you can work around your schedule. We also use Flex Time, an internal program that allows you to take time off during a working day and make up for it in the future.
  • Can I choose between remote work or working from the office?

    Most projects don't require us to come to the office so that you can work remotely. There are some exceptions, however, mostly involving hardware dependencies.
  • What happens if I don't like the project I start on?

    There will always be other projects you can switch to, considering the technology stack requirements and good timing.
  • How many people are in the company?

    At this time, around 180 people are working in Wirtek.
  • Can you tell me more about the outsourcing model? How does it work?

    Wirtek works as a service provider for clients that require software engineering or electronic equipment services. We have established teams working with clients for 8+ years. New team members usually join a specific project and do not work on other projects simultaneously.

Investor Relations

  • When was Wirtek established?

    We are a Danish IT outsourcing company established in 2001. Since then, we’ve been teaming up with companies to help them create great software solutions and electronic equipment products.
  • When was Wirtek listed?

    In 2006 we became a public company, the 3rd to be listed on the Nasdaq Copenhagen First North Growth Market.
  • When does the fiscal year end?

    31st of March.
  • When do you announce fiscal results?

    Go to IR Calendar and Events for the schedule.
  • Where can I find materials about your business results?

    Here you can find all past Financial Reports.

Clients

  • Who owns the intellectual property rights (IPR) for the work done by Wirtek?

    Concerning IPR we do not distinguish between work done by a dedicated team or as part of a project. Our clients always have ownership of all intellectual property rights, with regard to the results and other material provided by Wirtek according to the contract. This will also be specified clearly in the contract.
  • Is it possible to augment a dedicated team with project services?

    Absolutely! We have several clients that have a dedicated team setup that handles the development and testing of their core product. And in cases of increased work load we can provide extra capacity to handle the additional workload so time-to-market needs are met. We also often provide project services to clients with dedicated teams when solving a specific task needs expertise that is not currently in the team and that expertise is not needed permanently in the team. Combining a dedicated team setup with project services on an as-needed basis provide our clients with great flexibility.
  • Can I change from a project team to a dedicated team?

    The short answer is "yes". Several of our clients, that have dedicated teams with us, started out the collaboration using our project services. Converting from a project services model to a dedicated team allows our clients to keep the valuable domain- and product knowledge that is built up in the project team. And the client also gains full control of all aspects of the work performed by the team members. Just as if the team was their own employees.
  • What project services model fits my project the best?

    The best project services model for a specific project depends on a number of factors. If the scope of a project is agreed upon and the specifications of the product/solution are very well defined, a fixed-price project may be a good choice.
    You know the budget up front and the time line for the project is quite stable. However, changes to the specifications during the project will lead to additional costs and likely changes to the project schedule. And new ideas have a tendency to pop up, as a project progresses.
    A fixed-price project is not very flexible in handling new ideas and normally works best for smaller projects. If your project specifications are not well-defined from the outset, or you just want to have flexibility to change scope and/or specifications of the project during implementation, then time-and-material is the best project model. You have full control of all aspects of the project and can e.g. gather feedback from the market before deciding on next steps. And there is very little overhead involved in changing specifications. You only pay for the actual work performed on your project. But time-and-material projects also require good project management to ensure that your budget is under control and time schedule does not slip. Besides fixed-price and time-and-material project models, we can also offer models such as shared-risk/shared-gain. Contact us if you want to know more.
  • What is the cost structure for a dedicated team?

    We believe that it is important that our clients have full transparency into the actual cost of their dedicated team. For each member of a team, the monthly cost is split into three components:
    1) The employee cost - includes the employee's salary as well as all taxes and social costs,
    2) Employee benefits - includes meal tickets, healthcare services, beverages & fruit etc., and
    3) Seat Fee - covers Wirtek overhead costs such as office facilities, internal IT, HR, administration, sales & marketing, management etc. The Seat Fee also includes Wirtek's profit margin.
  • What is the cost structure of a project?

    It really depends on the project service model chosen for your particular project. In a typical time & material project, all work performed during a month is invoiced according to the delivered hours at the end of the month. As for fixed price projects as well as shared-risk/shared-gain projects, the payment for work performed is agreed during contract negotiations.