Why hire Latin American Developers for your business?
The world of tech is constantly evolving, and with it, the need for talented software developers. Companies of all sizes often look for ways to reduce costs while finding the best talent in a fast-paced and limited market.
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Hiring developers from Latin America has become increasingly popular to achieve this goal, as about 75% of the companies looking to hire developers in recent years have considered hiring LATAM developers. Now, there are a few things that everyone considering hiring Latin American developers should know.
In this blog, we'll cover some essential facts you need to know before hiring LATAM developers so you know the basics before committing to a complex recruitment process.
One of the main reasons for Latin America'sAmerica's tech boom is the growing focus on software engineering in university education in Altin American countries like Argentina, Colombia, Peru, and Mexico.
As each year brings a new crop of highly skilled software developers from the LATAM region, investors are taking notice. Latin American software professionals have the appropriate profile for outsourcing partnerships because of their hands-on development work, extensive English language immersion, and various programming talents.
Accessing the pool of highly skilled remote developers in Latin America might profoundly affect your company's growth and success.
LATAM countries are ripe for outsourcing since they have produced a record number of graduates in technical fields, many of whom are multilingual and have earned top rankings in developer skills.
Hiring LATAM developers helps you save money on development costs
One of the most significant advantages of hiring LATAM developers is the cost savings that come with this IT recruiting strategy.
Compared to developers in the United States or Europe, developers in Latin America can provide quality services at a lower cost because the cost of living is generally lower in South American countries.
Hence, salaries and overheads are lower too. Now, while the hourly rates of hiring developers from Latin America are usually lower, the quality of work remains just as high as when you hire the services of a North American professional.
Latin American talent is of the highest caliber
One of the primary concerns associated with outsourcing is the possibility that decreased prices may significantly affect quality and performance.
However, organizations should have no such concerns when recruiting developers from LATAM countries, as Latin American engineers are just as brilliant as their international counterparts.
Moreover, many have received education or training from some of the world's most prestigious institutions.
In addition to possessing top-tier talent, software developers in Latin America are renowned for their excellent workplace satisfaction, which contributes to greater employee retention inside IT businesses.
Simply put, LATAM software developers are equipped with everything necessary to fulfill today's today's challenging development demands.
Excellent tech infrastructure
The tech companies in Latin America are booming thanks to its population's high level of technological literacy. Most LATAM regions have highly developed IT ecosystems with many established tech companies and startups already in place.
The region is sought-after for high-quality software development requirements. Additionally, several tech talent outsourcing services specialize in offering elite LATAM programmers with a proven track record of working with recognized US-based companies.
Hence, if you're looking to hire Latin American devs, accessing them through these established dev companies is more accessible.
Latin American developers have excellent English skills
Another great benefit of recruiting remote software developers from Latin America is that many are already fluent in English. In addition to being a required second language in most Latin American classrooms, English is widely spoken throughout the LATAM region.
Interestingly enough, after the pandemic, more than 70% of LATAM countries reported higher levels of English proficiency.
Among the most outstanding achievers, 2021 found Argentina and Bolivia had risen to the top two places.
Secondly, the tech industry is often global, and developers may need to collaborate with people worldwide, including native English speakers. Many developers are also fluent in Spanish and Portuguese, which can benefit companies looking to expand into Latin American markets.
To check out the English proficiency levels on an average of each LATAM country, head to the English Proficiency Index (EPI)
Despite being down south, there are minimal time-zone differences
Another advantage of hiring developers from Latin America is that they work in similar time zones to North America, despite some South American countries being further down than the US or Canada.
For example, most LATAM countries only have one or two hours of time differences, allowing nearshore developers from Latin America to work US corporate working hours still.
This minimal time difference means that communication and team collaboration are still highly efficient since no significant time differences could delay responses or feedback.
Latin America has a large, thriving talent pool
The Latin American software industry has seen steady and impressive growth over the past few years.
Naturally, this provides the added benefit of gaining access to a larger talent pool. Latin America is home to several highly qualified and experienced nearshore developers with various skills and expertise in multiple tech stacks and technologies.
Many LATAM developers have degrees from local and international top universities and have worked for leading tech companies across the globe.
These IT professionals are recognized for their originality, curiosity, technical knowledge, and attention to detail.
Because of this, by hiring Latin American developers, your company can access a sizable talent pool that will assist in achieving business goals.
Higher adaptability rates due to updated regulations
Adaptability to new regulations is another benefit of recruiting from Latin America. Many Latin American countries have a history of adapting quickly to further rules, which can be a huge advantage for businesses operating in rapidly changing industries.
In recent years, regulations about remote employees have been the norm, mainly due to the Covid-19 pandemic, and businesses worldwide have been trying to adapt to new approaches.
To take advantage of outsourcing opportunities, many countries in LATAM have moved quickly to establish legislation relating to remote employment;
This is a significant benefit for companies in IT fields where competition and consumer preferences are constantly evolving.
Additionally, companies in sectors subject to fast change can benefit significantly from Latin American governments' track records of swiftly adopting new legislation.
There are almost no cultural barriers when hiring developers from South America
Latin American countries share many cultural similarities with the United States, especially regarding corporate culture.
Developers from LATAM often share similar cultural values with North American companies, such as a strong work ethic, professionalism, and a focus on teamwork;
This means they're more likely to understand the business culture and work processes of your organization, making collaboration and the management of remote work more straightforward.
Latin American developers are used to remote development work
As we've said before, remote work is becoming the norm in specific industries, and the IT sector is undoubtedly one of them. Now, the COVID-19 outbreak contributed to most companies adopting a remote or hybrid work dynamic.
Just look at the numbers: remote work options grew by more than 1100% between March 2020 and the end of 2021.
With that said, many Latin American developers are well-suited for remote work arrangements due to the pandemic opportunity for them to gain an accelerated amount of experience working from home;
This allows companies to hire candidates who will quickly adapt to their long-distance work structure and are familiar with a remote environment, making onboarding ad training periods shorter and more efficient.
Where to find software developers in the LATAMs?
While finding remote developers from Latin America may not be difficult, knowing the best platforms to locate specialized tech talents is good.
For instance, the following are some of the most common strategies to locate tech talent for outsourcing:
- Publishing a job post on sites that are dedicated to hiring remote talent
- Searching for specialized talents through networking channels like Indeed and LinkedIn and reaching out to the skills yourself
- Attending events and career seminars and networking with tech talents and recruiters
- Utilizing a talent pool or tech talent recruitment service that conducts pre-vetting and screening of developers before their acceptance into the respective talent pools
Ready to hire Latin American developers and save money on development costs?
Hiring developers from Latin America is a growingly popular tactic for businesses looking to save expenses while retaining top talent.
Cost savings, staffing flexibility, availability of a larger talent pool, and remote work expertise are just a few of the significant advantages of hiring LATAM developers.
The truth is that successful hires depend on having a thorough understanding of the nearshore development process and knowing what traits to seek for Latin American developers and where to look for them.
The bottom line is that businesses have a vast pool of talented candidates to choose from when they open their doors to Latin American talent.
By opening up your recruitment to this region, you will find countless skilled developers to suit your company's needs.
Is your business looking to exploit this growing region of talented developers? Drop us a line here!