Demand for Software Engineers on the Rise
With new technologies, platforms, and customer touchpoints emerging every day, there's no way around it —businesses need software engineers to keep up with the latest trends and develop innovative solutions to keep their businesses competitive. In addition, as more companies move towards digital transformations, they need software engineers who can help them automate processes, improve customer experiences, and drive growth.
The U.S. Bureau of Labor Statistics expects the demand for software engineers to grow another 22%, with companies looking to fill more than 400,000 software engineering roles.
While there are many qualified software engineers out there, businesses struggle to find candidates with the specific skills they need. In addition, the need for talent is complicated for smaller businesses that don't have the resources to train entry-level engineers. As a result, companies need to think creatively when it comes to finding new sources of talent without breaking the bank.
Latin America: An Untapped Wealth of Affordable Talent
If your business is looking to attract and retain top software engineering talent without breaking the bank, there's one place you can always find it — Latin America.
Latin America is home to nearly one million of the world’s most efficient software engineers. Many of the world's top tech companies have been quietly tapping into this talent pool for years. But what makes Latin American software engineers such an asset to U.S.-based companies?
For one, they are highly knowledgeable and up-to-date on the latest trends in technology. Many Latin American countries have a robust technology infrastructure that supports talent development. As a result, software engineers in Latin America can stay ahead of the curve and develop innovative solutions for businesses across industries.
In addition, Latin American software engineers can save your company hundreds of thousands of dollars. Backend engineering salaries in the United States start at $120,000. However, a developer performing the same job in Latin America costs just $50,000. Yes, you read that correctly. For $70k less, you can find talented, English-speaking software engineers in Latin America who are just as qualified, if not more so, than their U.S.-based counterparts.
With a wealth of talent and an unbeatable price tag, it's no wonder why so many businesses are looking to Latin America to fill their vacant software engineering positions.
If you're looking for top software engineering talent, Latin America is the place to find it. With a wealth of knowledgeable and innovative engineers, your business can stay ahead of the competition without breaking the bank.