The rising cost of labor in the U.S. has pushed many businesses to explore alternatives like nearshore staffing. But just how much can you save by moving some of your roles to Latin America? The answer might surprise you.
How Much Can You Save with a Nearshore Developer?
U.S. companies typically save 40% to 60% on salaries and benefits when hiring nearshore developers compared to U.S.-based employees. For example:
- Senior Developer in the U.S.: $120,000 per year
- Senior Developer in Latin America: $50,000 to $70,000 per year
Why Nearshore Instead of Offshore?
Nearshore talent comes with unique benefits:
- Same or Similar Time Zones: Easier communication and collaboration
- Cultural Compatibility: Shared business practices and work culture
- High-Quality Talent: Many Latin American countries produce top-tier professionals in tech, finance, and legal services
Calculate Your Exact Savings
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Our Hiring Navigator GPT includes a cost savings calculator and a step-by-step hiring plan tailored to your business and industry.
