How to save $500,000/year while hiring top talent with this strategy
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If you're tired of unrealistic salary expectations or endless hiring cycles that don’t deliver the talent you need, try this simple strategy fast-growing companies use to hire high-quality talent quickly and without overspending.
How would hiring exceptional talent for 30–70% less impact your business this year?
Hundreds of companies are outperforming their competition by using a smart hiring strategy. Over the past three years, we've helped hundreds of US firms leverage this strategy to power growth with amazing remote talent in all departments and seniorities.
Saved on overhead costs for clients last year.
Repeat customers in 3 years
Placements made
Typically we see hiring managers save between $35,000 and $55,000 annually per role—by hiring talent that doesn't just meet expectations but consistently exceeds them.
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So what's this little-known, simple strategy for getting top-tier talent while saving big on hiring costs?
Let us explain...
From SMBs to Big $100M+ firms are getting top talent faster and for less by hiring from Latin America (LatAm). And they’re hiring talent that performs like their best US hires—or better.
Let's look at what this means
for your business:
LatAm professionals have salary expectations 30–70% below their US peers due to lower living costs. This means you get outstanding team members who will drive results while significantly reducing your overhead.
We’re talking professionals with MBAs and perfect English. Professionals who have worked with Deloitte, IBM, Microsoft, and other big players. (And let’s face it: these industry leaders didn't become successful by compromising on talent. They're hiring in LatAm because they know great talent isn't bound by borders.)
Here’s an example: Delve, a $30M firm, struggled to scale its team fast enough to match its rapid growth. US talent was scarce, and their hiring process dragged on. Outsourcing to Eastern Europe only added time zone challenges to the mix.
Then they turned to Near. With our proven process, Delve onboarded 10 top-tier team members from LatAm fast — saving $500K in annual overhead.
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They’re not an exception. We see this happen consistently with the companies we work with. Over 500 US companies partner with us to build high-performing LatAm teams that deliver as well as any US team—but without the premium US price tag.
We had a seamless and impressive experience with Near. Their team was helpful and thorough, ensuring we received the most qualified talent for the position we were looking for. We filled the role within 2 weeks! We will be using Near for all of our remote hiring needs.
Partnering with Near saved us $43k annually in overhead costs and reduced our hiring timeline by up to three months.
We hired 20 team members who share our core values: great attitude and desire to learn, resourcefulness, and adaptability. Near’s team was very responsive, and their easy-going communication fostered a seamless hiring process.
Near not only helped us navigate the hiring process but fundamentally changed our approach to building our team. Their ability to connect us with high-quality, dedicated talent has been invaluable.
Working with Near has been very helpful. It’s difficult when you’re one person doing all the initial screenings and sourcing. Near took a lot of that “workout” for me and provided great candidates quickly.
I think the main benefit of LatAm talent is the ease of integration. It’s been so easy to work together without really noticing any kind of difference from somebody that’s in the States.
And plenty more are doing it on their own—we’ll tell you how you can, too, in a minute.But first, let's look further at why this strategy is helping companies scale faster while keeping costs under control.
New cheat code for growth
When you hire talent from LatAm you can:
- Access a larger pool of world-class talent to find the skills you need.
- Cut hiring costs by 30–70%
- Build teams that collaborate in real-time due to timezone alignment
You’re not just saving on hiring costs—you’re building high-performing teams that drive growth.
Whether you choose to hire directly or work with a partner like Near, these core benefits remain the same.
The strategy works to stimulate growth because:
- You tap into a pool of qualified talent eager to advance their careers with US companies, leading to higher retention rates.
- Your hiring budget goes further, giving you more flexibility to invest in additional talent and high-impact projects.
- Unlike hiring from Asia or Eastern Europe, LatAm talent works within US working hours, ensuring seamless collaboration—as easy as working between NY and Chicago offices.
And if you decide to partner with Near, there are additional benefits. We can also help you:
- Slash your hiring time to under 21 days by leveraging our established talent networks.
- Navigate country-specific compliance and salary expectations with confidence.
- Access pre-vetted candidates who have already passed rigorous technical and English proficiency assessments.
This is all because of our deep understanding of the LatAm talent market and our proven vetting process that consistently delivers top performers to growth-focused companies.
While the benefits are clear, it's important to note that hiring from LatAm isn't for everyone.
This strategy ONLY works for companies that:
- Value quality talent over bottom-dollar savings
- Want to build long-term, high-performing teams
If you're just looking for the cheapest possible labor, this isn't for you.
But if you're a growth-focused company looking to build strong teams while being smart about costs, keep reading.
Hiring from LatAm addresses key challenges in scaling teams.
Growing companies face common challenges when building their teams. The question is: how do you solve them without compromising on quality or breaking the bank?
I need top talent fast—but there’s no time for sourcing and screening.
It typically takes over 45 days to make a hire in the US.You don’t have the time to spend weeks going through resumes and scheduling interviews with candidates only to find they don't meet your standards or the ones that do aren’t within budget.
The solution:
With the right process in place, hiring from LatAm brings qualified candidates into your interview process faster. So you can save time and money.
And if you want a trusted partner, we’ll do all the heavy lifting of sourcing and screening, so you don’t have to. We have thousands of pre-vetted candidates already on the books and a strong network to source for any role that comes our way.
I need A-players, but their salary expectations are wild.
Do you keep losing your top candidates to bigger companies? Are you left choosing between an empty role or average talent?
The solution:
Even the best of the best in LatAm have salary expectations well below their US peers. For example, the cost savings for hiring an experienced accountant in Argentina is up to $44,000—that’s a savings of 64% compared to hiring within the US.
And we can advise you on what a generous salary would be for the country you’re hiring from (e.g., it would be different in Mexico vs. Argentina) so you can make strong offers that get accepted the first time.
No more trying to outbid Google or JP Morgan.
You’ll be able to secure the top 1% while still saving 30–70% in hiring costs.
I can’t find the right hire, and it’s been months.
Are you struggling to find talent with the experience and skills you need?
If your local talent pool isn’t meeting your needs, it’s time to expand your search.
The solution:
By looking to LatAm, you can access a broader pool of qualified, experienced professionals ready to join your pipeline. With the right strategy, finding the perfect fit becomes faster and easier.
You can also skip the learning curve by working with a partner like Near, finding the perfect fit becomes even faster and easier. Our clients typically make a hire in under 3 weeks.
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Can you do this on your own?
Sure you can. Many companies do. And, as we mentioned above, many of the benefits will be the same.
Hiring in the US
- High salary expectations with an even heftier price tag if you hire in tier 1 cities.
- Limited talent pool that makes it hard to find the right candidate fast.
- Competition against big players that outbid you for top candidates.
- Entitled graduates with a low drive and poor attitude.
Hiring in LatAm
- Highly skilled, qualified candidates with salary expectations 30-70% lower than US hires.
- A talent pool of US-quality professionals makes it easier to find candidates with the skills you need.
- Access to the top 1% of talent at a cost you can afford.
- Professionals who are driven, motivated, and eager to drive results with a can-do attitude.
And here’s how you do it . . .
How to hire US-quality nearshore talent fast: The LatAm Hiring Playbook
CyberFortress scaled its accounting team with LatAm talent
First of all, to successfully hire top LatAm talent, you MUST have a clear objective.
Many companies overlook defining specific, measurable KPIs, making it hard to identify the right skills and leading to an inefficient and ineffective hiring process.With well-defined goals and skill requirements, sourcing and screening become smoother, leading to faster hiring cycles and eliminating the risk of making the wrong hire.Here are the steps to replicate our strategy for hiring top-quality talent in under 21 days.
Step 1: Build a strong talent pipeline
If you want to access elite LatAm talent whenever you need it, here’s how to build a talent pipeline that keeps your hiring process agile and effective:
- Identify where to look for talent: Know which job boards and countries are best for specific roles — like Argentina for accountants. This will help you find the right talent quickly.
- Set clear screening criteria: Define must-have skills, experience, and cultural fit markers to filter out unqualified candidates right away.
- Assess skills early: Use platforms like Vervoe or Codility for role-specific tests to ensure you are assessing if candidates can actually do the job before shortlisting.
- Research salary expectations. Pay ranges vary a lot between LatAm countries. Know what's competitive in each market before you start recruiting—it'll help you attract the right level of talent and avoid lowball offers that scare away great candidates.
Step 2: Ensure compliance with local and international standards
This isn't the fun part, but getting it right saves major headaches later:
- Understand local labor laws: Each country has its own rules about contracts, benefits, and worker classifications. Get clear on these before you start making offers.
- Figure out your payment setup: Make sure you can actually pay people in their local currency without crazy fees or delays.
Step 3: Move fast to secure the talent you want
Once you've found strong candidates, here's what you need to do to get them on board fast:
- Keep interviews tight and focused: Run 2–3 rounds max. Do a skills check, see if they're a culture fit, and have them talk to leadership. Top talent won't stick around for a dragged-out process, and a clean interview flow shows you've got your act together.
- Address time zones and holidays upfront: Be upfront about working hours and how you'll handle time zone differences. We've found offering flexible scheduling works well—let people either take relaxed mornings or work local hours with some late availability when needed. For holidays, keep it simple: combine US bank holidays with floating days so people can celebrate what matters in their home country.
- Pay competitively: Yes, you'll save compared to US rates, but don't just go for the lowest offer. Paying above local market rates helps you land and keep the best people.
- Make clean, detailed offers: Spell out the role, schedule, pay (including international payment method), and benefits clearly. A solid offer letter shows you're serious and helps get quick acceptances.
Conversion Logix: Cut $781K in Costs and Filled Roles 50% Faster With Near
Your low-risk, high-ROI way to source the best talent
So there you go: hiring from LatAm is no longer a niche strategy or a strategy reserved for companies with the resources to source international talent.
500+ companies are already building high-performing teams with top talent from LatAm — and that’s just the ones working with us. Plenty more are having success with this strategy.
And now it’s your turn.
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What could your business achieve this year by hiring top-performing talent?
You could get that new project off the ground. Accelerate growth. Increase profitability. What KPI could you 2x? Or even 10x?
LatAm hiring is a growth hack that helps you overcome the slow hiring cycles and high salary costs in the US.
It allows you to expand your talent pool, so you’re no longer limited to the talent available domestically — making it more likely that your next hire exceeds your expectations.
You’ll finally be able to hire professionals with the expertise you need to grow.
“Working with Near has been very helpful. It’s difficult when you’re one person doing all the initial screenings and sourcing. Near took a lot of that “workout” for me and provided great candidates quickly.”
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Saved
$587k/year
“We hired 20 team members who share our core values: great attitude and desire to learn, resourcefulness, and adaptability. Near’s team was very responsive, and their easy-going communication fostered a seamless hiring process.”
Saved
$1.2m/year
“When I check with the department managers, they all say, ‘It’s like 100 out of 10.’ The talent we’ve brought in through Near has been professional, articulate, intelligent, and absolutely the right fit for our team.”
Saved
$463k/year
DISCLAIMER:
Hiring from LatAm delivers real results, but success depends on following the right process. Savings will vary depending on the role, seniority level, and specific requirements of the position you’re hiring for. Book a free consultation to get an estimate of the savings you can make.
To recap, you have two options for hiring from LatAm
Growing companies face common challenges when building their teams. The question is: how do you solve them without compromising on quality or breaking the bank?
Option 1: Hire on your own
Take the step-by-step process laid out here and use the resources on our website to kickstart your search for your next hire.
Hiring from LatAm isn’t much different from hiring in the US, as long as you know the best countries to hire from for each role, how to get candidates in your pipeline quickly, and how to evaluate LatAm resumes. And remember to consider any compliance issues.
Option 2: Hire with Near
If hiring from LatAm seems like the solution you’ve been looking for, but you prefer a done-for-you option, partner with us. Our comprehensive service means you get all the benefits of nearshore hiring while we do all the heavy lifting.
We will:
- Source and screen the best talent available for any remote role that you need
- Assess technical skills and English proficiency
- Deliver a list of pre-vetted candidates you can interview for free
- Assist you with every step of the process (including comp, hiring models, etc.)
- Facilitate the onboarding process and handle payroll
- Offer ongoing support as you grow, whether you have 1 or 50 LatAm hires
Risk-free hiring guaranteed
With Near, you only pay after you find the right candidate. (In other words, you have nothing to lose by exploring the talent available in LatAm.)
Plus, after making a hire, you’ll have a 90-day replacement guarantee.
If the candidate doesn’t work out, we'll find a replacement at no additional cost to you.
Ready to explore how we can help you hire amazing talent?
Book a free 30-minute consultation
On the call, we’ll go over:
Your hiring goals
We'll start by discussing the key objectives you aim to achieve with your new hires, ensuring we align our approach with your strategic needs.
Previous challenges in recruitment
Share your biggest hiring challenges, whether it's sky-high salary expectations, lengthy hiring cycles, or finding the perfect cultural fit. We'll show you exactly how we can help overcome them.
Role requirements
We’ll discuss the specific skills and experiences you’re looking for in the ideal candidate, from must-haves to nice-to-haves, so we can tap into our vast network with precision.
Urgency and timeline
Understanding your timeline helps us prioritize your needs so we meet your hiring deadlines.
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Need a bit more info on how Near makes LatAm hiring a growth strategy, not a headache?
Look, we know you've read this far because you're serious about finding great talent while being smart about costs.
Maybe you're convinced this could work for your company, but you've got a few questions before jumping on a call.
That's what we'd be thinking too.
Let's address the main things people ask us.
"Isn't this just about finding cheaper labor?"
Not at all. Our clients are growth-focused companies who understand that smart hiring strategies free up capital for expansion.
They're not looking to cut corners—they're looking for exceptional talent that helps them scale faster.
The cost savings are a bonus that allows them to invest more in their growth.
"How do you ensure cultural fit?"
We dig deep to understand what makes your company unique.
Our team spends time learning about your values, working style, and team dynamics. We then use this understanding to identify candidates who will thrive in your company culture.
It's why our placements tend to become long-term team members.
"Why shouldn't we just handle this internally?"
Building an effective international recruiting operation requires significant time, resources, and expertise.
Our clients choose us because they understand the real cost of:
- Building and training an internal recruiting team
- Learning the intricacies of different LatAm markets
- Managing compliance across multiple countries
- Screening hundreds of candidates to find the right fit
They'd rather focus on growing their business while we handle the entire hiring process.
By working with us, you get pre-vetted candidates ready to interview, with all compliance and payroll handled for you.
Our clients include industry leaders who started with a single hire and now work with us across multiple departments because of our proven ability to deliver exceptional talent.
“What roles can I hire for?”
If the role can be done remotely, it can be done from Latin America.
We've helped companies successfully hire across a wide range of positions, from senior software engineers and product managers to financial analysts and marketing specialists. Our clients have found success hiring for roles including:
- Finance & Accounting
- Marketing
- Sales
- Software Development
- AI and Data Engineering
- Product and Project Management
- EAs and Customer Dupport
- Ops and Administration
The key is finding professionals who not only have the right skills but also align with your company’s culture and work style. That's where our vetting process makes all the difference.
If you have any more questions, book a call.
Join the 500+ growth-focused companies that trust Near to build their high-performing teams.
Discover Why Hiring in LatAm is a Cheat Code. Download our FREE Guide Now.