It’s no secret within the U.S. technology sector that Latin America is the go-to place for finding software development and programming talent, particularly for U.S.-based companies. Demand for skilled developers is incredibly high; and available supply of qualified technology professionals and new talent simply cannot keep pace. This is particularly true in the United States, where the tech sector is expanding exponentially, and new programming and technology science graduation rates are not meeting continually increasing demand. According to The Computing Technology Industry Association (CompTIA), the U.S. tech industry’s economic impact is $1.9 billion, representing approximately 10 percent of the national economy. According to TechRepublic and other industry sources, demand for tech talent in the United States outpaced supply by nearly 78 percent. This statistic reflects a total of 65,000 new (U.S.-based) computer science graduates in 2019, compared to 307,000 new tech jobs opening the same year. When your company’s software developers and engineers are delivering exceptional results for clients, yet cannot adequately meet demand, that’s a pretty big supply/demand gap to fill. Thus, this age-old imbalance has produced a favorable market for tech sector job seekers. Yet, if your company is in need of qualified developers and programmers ASAP – where do you turn? In 2021, Central and South American countries have become go-to, reliable sources of highly qualified talent ready to get to work. And there are lots of good reasons why. While India historically has been top-of-list for offshore tech recruiting and contracting, nearshore recruiting may be a more effective strategy for many U.S.-based companies to consider. There are a range of benefits to building a remote Latin American talent pool to supplement your technical teams. What follows are a few points to consider when pursuing nearshore tech developers and programmers.
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