Nearshoring has become a popular choice for US-based companies seeking affordable software solutions. This has driven a surge in hiring nearshore developers across Latin America. Today, we’ll focus on how to effectively hire nearshore developers in Peru.
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Contact Us Today!Peru is renowned for its stunning beaches and ancient ruins such as Machu Picchu. However, it’s also emerging as a hub for quality and innovative software exports. The IT and technology industries in Peru have experienced significant growth, reflecting a rising demand for its software solutions. Let’s explore the details of hiring nearshore developers in Peru!
One of the best things about nearshoring is the lack of time zone differences with the US. Peru has only one time zone and does not observe daylight saving time. During roughly April to October, Peruvian Time is the same as North American Central Time, while during roughly October to April, it is the same as North American Eastern Time. Lima for example is situated directly south of New York in terms of longitude, occupying the Eastern Standard time zone (UTC minus 5).
This allows nearshore software development teams located in Peru to work in real-time with US-based companies, sharing business hours during the entire day.
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.
Peru has made substantial strides in enhancing English language proficiency in recent years. As indicated by the 2021 EF English Proficiency Index, the country secured a moderate level of English, ranking 56th out of 112 nations with an overall score of 505. This upward trajectory in English skills equips nearshore LATAM developers in Peru with the necessary language competencies to seamlessly collaborate with international clients, including those based in the United States.
Hiring nearshore developers in Peru presents significant cost savings opportunities for your company. Due to the lower cost of living in Peru and favorable currency exchange rates for US-based companies, you can achieve substantial financial benefits. Software outsourcing to Peru generally costs much less than hiring developers in the US.
If you are engaging through a third-party firm, please note there may be an additional 30% increase in the rates provided below. Here are the estimated monthly costs for hiring remote nearshore developers in Peru:
These rates reflect competitive pricing while leveraging skilled nearshore Peruvian developers for your software development needs.
The Government of Peru’s (GOP’s) tradition of pursuing sound fiscal and macroeconomic policies contributed to 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 emerged as one of the top 10 countries globally with a high percentage of new businesses and investments, boasting 23.4% of new ventures. Additionally, the country’s IT sector has experienced a robust 9% growth in spending, with projections indicating further expansion in 2022.
Despite Peru having a relatively modest annual influx of new nearshore developers, currently numbering 38,136, competition for hiring skilled professionals in the country can be intense. However, it’s noteworthy that nearly 33% of Peruvian developers are actively seeking new development opportunities and employment.
These factors indicate that your company should encounter minimal obstacles when seeking to hire nearshore developers in Peru. With streamlined processes, you could initiate nearshoring operations in Peru within just a few weeks!
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 #41 for their software development skills.
This places the country’s overall development skills below Brazil, Mexico, and Argentina. This proficiency in development stems from Peru’s high-quality technical education system, where aspiring software developers choose to refine their skills.
Peru boasts high-quality technical education that attracts many aspiring software developers eager to master the intricacies of the profession. The University of Engineering and Technology (UTEC) stands out as the top choice for Peruvian developers. Established in 2011, UTEC is renowned as a state-of-the-art technology center and undergraduate university, recognized as one of the most advanced institutions in Latin America. This underscores Peru’s strong commitment to advancing technology education within the country.
Additionally, Peru offers a variety of other excellent universities specializing in tech education, providing alternative paths for those seeking to excel in the field of software development.
The rapid growth of Peru’s software development industry has necessitated a diverse skill set among its developers. To meet the increasing demand for complex software solutions, Peruvian developers have become proficient in a wide range of programming languages and technologies. This versatility makes them highly adaptable and valuable assets for outsourcing projects.
Here are some of the most popular programming languages among Peruvian nearshore developers:
Partnering with a Nearshore Software Development Company (Like us, Next Idea Tech) streamlines the entire recruitment and payment process, saving your company valuable time and resources.
Our nearshore software development services provide the simplest pathway to hiring Peruvian developers. By leveraging our expertise, you can onboard skilled professionals from Peru within just a couple of weeks, ensuring a smooth and efficient hiring process.
Hiring direct contractors allows you to engage nearshore developers in Peru without the involvement of third-party nearshore software development companies or platforms. These developers typically manage their own schedules and may have limited availability for new clients, but they are still worth contacting for their services.
The most effective ways to find direct contractors in Peru include seeking referrals from trusted contacts or using LinkedIn to connect directly with developers who match your project requirements. This approach offers flexibility and direct access to skilled professionals for your software outsourcing needs in Peru.
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.
Then, upload the posting to social media groups in apps like Reddit or Facebook and different job boards targeting local Peruvian developers.
Seeking referrals from your industry contacts can expedite the process of finding nearshore developers in Peru. 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.
Consider partnering with a Global Employment Organization (GEO) to facilitate hiring nearshore developers in Peru. These organizations specialize in nearshoring and outsourcing solutions, offering a streamlined process for deployment and co-employment of local talent.
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.
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.
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!
Establishing a subsidiary or sister company in Peru presents a strategic nearshoring option that enhances your business’s presence in the region while facilitating the hiring of local developers. Here’s how:
Establishing a presence in Peru through a subsidiary offers strategic advantages in nearshoring, allowing your company to tap into local talent while expanding its footprint in the Latin American market.
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!
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.
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!
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.
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