Nearshoring has been a popular option for US-based companies looking for software solutions at an affordable price. Because of this, software outsourcing to Latin America has seen a spike in recent years. There are many countries to start nearshoring your software solutions within this region. Still, today we’re focusing on how to hire nearshore developers in Peru!
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Peru is a country that many think of when looking for extraordinary beaches or ancient ruins like Machu Picchu. Yet not everyone would associate it with quality and innovative software exports. Peru’s IT and technology industries have undergone tremendous growth in recent years, leading to an increased demand for its software solutions. Let’s dive into the specifics of hiring nearshore developers in Peru!
The competitive advantages of hiring nearshore developers in Peru
#1 There are no time zone differences when working with Peruvian developers.
One of the best things about nearshoring is the lack of time zone differences with the US. This country has absolutely no time zone difference with the EST time and only a few hours with other zones in the US. This allows nearshore development teams located in Peru to work in real-time with US-based companies, sharing business hours for the entire day.
#2 Nearshore developers in Peru have an advanced English level.
Peru has come a long way in relation to its English proficiency level. In recent years, its EF English Proficiency Index hasn’t been particularly stellar. But this country managed to turn things around and score a higher ranking for the 2021 EF EPI score. Peru now ranks #56 out of 12 countries and has an overall score of 505, with a moderate English level proficiency.
#3 Your company saves money when you hire nearshore developers in Peru.
Thanks to the lower cost of living in Peru and the favorable monetary exchange for companies earning in US dollars, hiring Peruvian developers helps you save money. The costs of software outsourcing to Peru are significantly lower than hiring developers in the US.
If you are hiring through a third-party firm, please consider there can be a 30% increase in the rates below. These are the monthly costs of hiring remote nearshore developers in Peru:
- Junior developers: $3000-$4000 USD per month.
- Mid-level developers: $4500-$6000 USD per month.
- Senior developers: $6000-$7000 USD per month.
#4 The Peru software development scene has seen some incredible growth.
Peru has seen steady growth for a few years now, and not just within its tech industry. The entire country has an overall growth rate of 5.9% and is keeping inflation at bay. Moreover, the Peru software development and tech scenes are also growing individually.
In recent years, Peru has stood out as one of the 10 countries with the highest percentage of new businesses and investments. As you can see, Peru has 23.4% of new businesses. Plus, the country’s IT spending rate has seen a 9% growth and is projected to keep expanding in 2022.
Peru might have a relatively slow number of new nearshore developers per year. With only 38,136 software developers, the competition for hiring nearshore developers in Peru should be quite cutthroat.
Still, it might pleasantly surprise you to learn that almost 33% of Peruvian developers are actively looking for new development work and employment opportunities.
This means you should have no real complications when looking to hire nearshore developers in Peru. Your company could start nearshoring to this country in just a couple of weeks!
#5 Peruvian developers receive a strong IT and software development education.
When you hire nearshore developers in Peru, you are partnering with IT professionals with a strong educational background. In fact, according to TopCoder rankings, Peruvian developers rank #26 for their software development skills.
This places the country’s overall development skills below Chile and Argentina, the two main hubs for software exports. A developer’s skills always have an origin, and in this case, that is their tech educational background.
Peru has high-quality technical education that most aspiring software developers choose to learn the ins and outs of the profession. The best university for aspiring Peruvian developers is certainly the UTEC (University of Engineering and Technology).
It was founded back in 2011 and is a state-of-the-art technology center and undergraduate university. This university is known as one of the most technologically advanced in the entire Latin American region and shows Peru’s commitment to technology education within the country.
For those who don’t wish to attend that particular school, Peru also has other excellent universities for tech education.
#6 Nearshore developers in Peru are proficient in several coding languages.
Because Peru’s software development industry has seen such growth in recent years, Peruvian developers have realized they need to be proficient in an array of coding languages to be the most successful.
Nearshore developers from Peru excel at many technologies and programming languages, allowing you to hire them for multiple projects at once. Here are the most popular languages for software outsourcing to Peru!
- Ruby & Ruby on Rails
How to hire nearshore developers in Peru
#1 Hire Peruvian developers through a professional staff augmentation firm.
Staff augmentation firms (Like us, Next Idea Tech) handle all the recruiting and payment procedures, helping your company save both time and money in the process.
Their nearshore software development services are the easiest way to start hiring nearshore developers in Peru. Through one of these companies, you can hire Peruvian developers in just a couple of weeks!
#2 Hire direct contractors to start software outsourcing to Peru.
Direct contracts work by themselves, without being affiliated to any third-party firms or platforms. These nearshore developers in Peru usually have busy schedules and limited availability for new clients, though it’s still worth contacting them for their services. The best way to scout for direct contractors in Peru is through referrals or Linkedin.
#3 Post job ads on social media and employment boards.
One of the upsides of The Great Resignation is that many talented nearshore developers in Peru and all of Latin America are looking for new jobs.
And they prefer remote arrangements with innovative companies! For your job ad to be successful, you need to highlight those aspects of your job proposition.
#3 Ask your industry contacts for a referral.
Referrals will help you streamline the scouting process and narrow it down to record-breaking time frames. When you ask your contacts to recommend nearshore developers in Peru, you instantly have something to work on. First, contact those Peruvian developers through LinkedIn or their website.
Then, tell them about your software needs and ask them to prepare a budget for you or tell you their expected compensation rate. Finally, you can interview them and even ask them to do a coding test for you. We cover these steps in much more detail in our article about how to hire remote software developers.
#4 Hire developers through a local Global Employment Organization.
Global Employment Organizations are available in most Latin American countries and are third-party organizations for nearshoring and general outsourcing.
They have a network of local employees “of record” who are ready to deploy and then co-employ those nearshore developers with your company. In Peru, these agencies charge the Peruvian developers’ salary, the cost of any perks or benefits, and a fee of 10% or more for their services.
#5 Scout for nearshore developers in Peru on freelancing platforms.
Freelancing platforms are filled with talented nearshore developers from Peru and all over the world. Sites like Upwork and Fiverr help Peruvian developers and US-based companies find one another and work together. Still, even if they’re convenient for those only starting to outsource software development to Peru, they have a few drawbacks as well.
You can’t really evaluate the developers before you hire them and a share of their pay goes to the platform. That’s why we recommend looking into other alternative methods of hiring nearshore developers in Uruguay.
#6 Hire Peruvian developers after meeting them at local events.
Latin America is known for its great IT and technology events and Peru doesn’t fall behind on this subject. There are many software development conferences and IT events US companies can attend to scout for nearshore developers in Latin America.
These events are usually frequented by many Peruvian developers looking for new employment opportunities. With the right job proposition, you could have candidates lining up to chat with you!
#7 Establish a sister or subsidiary company in Peru.
This is an ambitious nearshoring alternative but still quite effective. Establishing a subsidiary or sister company will allow your business to hire nearshore developers in Peru while deepening your presence in the region. You can hire Péruvian developers to work in person or still remote. Just make sure to comply with all local regulations to avoid problems with the law.
Want to hire nearshore developers in Peru? Let’s work together!
As you can see, there are several competitive advantages to hiring nearshore developers in Peru. Not only that but there are also many ways to hire Peruvian developers and start software outsourcing.
Peru offers quality software solutions developed by talented nearshore IT professionals available for a cost-effective price. If you’re interested in learning more about hiring nearshore developers in Latin America, we actually have an entire post series on the subject. Last week we dived into the specifics of nearshoring to Uruguay!
At Next Idea Tech, we provide US-based companies with skilled developers through staff augmentation. Our goal is to help you find IT professionals that will deliver quality results and understand the creative vision of your projects.
That’s why we offer both augmentation and direct placement services for US companies looking to hire nearshore developers in Peru. Schedule a consultation with us today to learn more about software outsourcing to Peru and all of Latin America!
FAQ about hiring nearshore developers in Peru
Why should I hire nearshore developers in Peru
Hiring Peruvian developers through nearshoring allows your company to save both time and resources compared to the costs of hiring local developers in the US.
How can I hire developers in Peru?
Staff augmentation firms (Like us, Next Idea Tech) handle all the recruiting and payment procedures, helping your company save both time and money in the process. These nearshore software development services are the easiest way to start hiring nearshore developers in Peru. Through this method, you can hire Peruvian developers in just a couple of weeks!
Do nearshore developers in Peru speak English?
yes. In fact, Peru now ranks #56 out of 12 countries on the EF EPI Index and has an overall score of 505, with a moderate English level proficiency.