Hiring a software development team in Latin America is becoming a popular trend among companies looking to save on development costs while maintaining high quality and good communication. In fact, companies that opt for this option can save anywhere from 20% to 50% on development costs, making it an attractive option for businesses facing hard economic times or those that want to allocate more budget to other areas of their company.
There are several reasons why companies are choosing to hire a software development team in LatinAmerica.
Some of the most common reasons include:
- Insufficient budget to hire a technical team in the US
- Reduced budget due to layoffs, but the need to maintain current software still exists
- Access to a larger talent pool, as companies are not able to find the talent they need in the US
- The opportunity to have a multicultural remote team
- The ability to have a team that can attend to US clients during the same time-zone
Despite the benefits, there are still some common objections or fears that companies face when considering hiring in Latin America.
- Lack of knowledge of the market and salaries
- Fear of bad communication or language barriers
- Fear of exposing the security of the company
- Lack of experience when dealing with international payments and exchange rates
- Lack of local support to provide employee support or perks
- Feeling of uncertainty about entering an unknown territory
Entering an unfamiliar territory can be intimidating, especially when it comes to hiring a software development team in Latin America. However, finding a reliable partner that specializes in sourcing and hiring talent in this region can help ease your worries and ensure that you establish healthy relationships with your remote team.
At BetterWay Devs, we understand the challenges that come with hiring a software development team in Latin America, and we are here to help you navigate through these obstacles. Our team is dedicated to creating long-term relationships with our clients, while providing them with the best possible solutions to their hiring needs.
Let's take a closer look at how we are helping companies overcome these challenges:
Lack of knowledge of the market and salaries
Paying a fair salary is crucial for any company. At the same time, companies need to balance their budget and make the most of it. It can be difficult to determine a fair salary in Latin America, which is why we advise both the developer and the company to come to a fair and mutually beneficial agreement. To ensure transparency, our fee is calculated on top of the salary, and we make this information available on our website.
Fear of bad communication or language barriers
It can be time-consuming to post job listings and communicate with each candidate, only to find out that communication is a challenge. At BetterWay Devs, we validate English skills for our candidates, and only send those with the required communication skills. The level of English required can vary depending on the company's needs. For example, companies that require more interaction with clients may have a higher requirement for English proficiency, while those that have a bilingual team may require less.
Fear of exposing the security of the company
With the increasing number of cyber security attacks, companies are wary of exposing their systems to potential threats. This is especially true when it comes to hiring remote developers, as it can be difficult to ensure their devices are secure and following company protocols.
At BetterWay Devs, we understand these concerns and have put measures in place to address them. Upon request, we rent new computers for our developers, and work directly with the company's IT department to install necessary security software such as Jump Cloud, Workspace Cloud, Active Directory Users, and VPNs. This way, remote employees in Latin America have the same security protocols and standards as those in the US.
Another common concern is the fear of hiring a malicious person. Staff augmentation firms like BetterWay Devs have additional filters in place to ensure the right person is hired. This includes background checks, the usual hiring company evaluations and interviews, and local and legal contracts handled by the firm.
Lack of experience when dealing with international payments and exchange rate
Many companies face difficulties when it comes to international payments and exchange rates, as their banks may not easily support them and their accounting departments may not be equipped to handle them.
At BetterWay Devs, we simplify this process by providing a single, easy monthly invoice for all team members hired, which is paid directly to our US company. We then distribute the funds to our Latin American entities or contractors to make legal and compliant payroll. This streamlines the payroll and HR processes, making the software development team in Latin America just one vendor with a single monthly payment.
Lack of local support to provide employee support or perks
Companies, especially technology companies, want to keep their employees happy and provide perks and opportunities. However, this can be challenging logistically and financially when dealing with a remote team in another country.
At BetterWay Devs, we make it easy for companies to provide perks to their Latin American employees. Whether it's a gym membership or an employee of the month bonus, we will simply include it in the invoice. We also provide local support to ensure the well-being of our employees, such as providing a good desk and chair for remote work. Supporting the remote team in the same way as the local team makes a big difference in maintaining a long-term relationship.
Feeling of uncertainty about entering an unknown territory
Dealing with an unknown territory and market can be challenging, and there are many unknown factors that can make it daunting. However, finding the right partner can make all the difference in ensuring a fair and healthy relationship with your remote employees. The right partner will help you focus on your day-to-day work and moving your company forward, while taking care of all the unknowns for you.
In terms of technical talent, it can be difficult to know what tech stacks are most commonly used in a particular region. At BetterWay Devs, we have found that the most common tech profiles include:
- React.js front-end developers
- Node.js back-end developers
- Full-stack developers with Node and React
- Python back-end developers with Django, Flask API, and FastAPI
- Java Springboot back-end developers
- Angular front-end developers
- .Net C# back-end developers
- DevOps or infrastructure specialists with AWS and Azure experience
- QA and automation specialists
- Data science and machine learning experts
- PHP back-end developers with Laravel
- Project managers
- Graphic designers with UI/UX experience
It's worth noting that while these are the profiles with the most talent, you can still find developers with experience in a variety of other stacks. The key is to find the right partner to help you navigate the unknown territory and source the right talent for your needs.
In conclusion, hiring a software development team in Latin America can be a cost-effective way to achieve more with the same budget, or to continue supporting your business through tough economic times. By partnering with a reliable firm like BetterWay Devs, you can overcome common objections such as language barriers, security fears, and the unknown territory, while also enjoying a wider pool of talent and the ability to provide employee support and perks.
At BetterWay Devs, we take a unique approach to help companies overcome the challenges of hiring a software development team in Latin America. Our team is transparent, knowledgeable, and experienced in dealing with international payments and exchange rates, ensuring that your payroll and HR processes are streamlined and simple.
We also offer local support to provide employee perks and support, making it easy for you to keep your remote team happy and motivated. Our team is dedicated to providing you with the best possible solutions to ensure that you have a fair and healthy relationship with your remote employees.
So, if you're ready to take the next step and hire a software development team in Latin America, get in touch with us at BetterWay Devs. We'll help you navigate through the unknown territory and find the best possible solution for your company.
Get in touch with us today to learn more about how we can help you hire a top-notch software development team in Latin America.
For a comprehensive list of recommended staff augmentation and employer of record (EOR) companies, be sure to check out our articles on the topic which will provide you with valuable information on how to hire full-time software developers in this region.
- "Recommended staff augmentation firms to hire long-term software developers in South America"
- "Best EOR firms to legally hire software developers in South America"
- “Where To Start And How To Hire Full-Time Software Developers In South America”
BetterWay Devs CEO
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