Hire tech talent in Argentina

Published on
Feb 27, 2024
Written by
Juan David Rodríguez
EDITED by
Lisa Dahlgren
Read time
6 Minutes
Category
Talent Insights

Known for its European cultural roots, fine wineries, the mate, and exquisite asados, Argentina has also become one of the biggest tech hubs in Latin America. Argentina's tech scene has grown exponentially despite facing economic challenges in the last decade, mainly because of a new focus on education, government support, great tech talent pools, and the convenient time zone and labor costs.

Buenos Aires. By Matias Cruz

The Argentinean tech ecosystem is at the center of the international scene nowadays. With the imposition of the Software Law and the Law of Entrepreneurs in 2017, the country has increased tech development in the region and motivated entrepreneurs to start businesses.

Previously ranked within the top 10 economies in Latin America and the Caribbean by the World Economic Forum, Argentina has established great pillars to leverage its tech talent. Today, the country continues on the innovation path with a growing community of innovative entrepreneurs and a tech-savvy consumer base. In this article, we will tell you how Argentina has positioned itself on the global tech stage.

The Tech Ecosystem in Argentina

In 2000, Buenos Aires became a leading tech hub because of a wave of successful technology companies, including MercadoLibre, OLX, Despegar, and Globant. Currently, these companies employ thousands of people across Latin America.

With a market capitalization of over US$15 billion, MercadoLibre has become an e-commerce giant that continuously finds new ways to innovate and expand its geographical boundaries within Latin America. MercadoLibre (Latin America’s Amazon) has its primary headquarters in Buenos Aires. With over 166 million active users, the platform has become one of the biggest tech companies in Latin America, with more than 15.000 workers across six countries.

Madero Port. By Claudio Bianchi

Despite the economic turndown caused by the pandemic in 2020, the government’s policies have made it easier for entrepreneurs and tech startups to start and keep businesses running. Nevertheless, many Argentinean startups are turning to blockchain technology to protect their businesses against financial instability. Moreover, Argentina is home to the Latin American Bitcoin and Blockchain Conference, where the objective is to promote blockchain as an essential tool for financial inclusion in the region.

Argentina is the leader within the financial technology (Fintech) industry in Latin America. Its relationships with international funds and national banks have helped financial startups, digital currencies, and blockchain entrepreneurs to thrive. Therefore, local tech talent and international investors have found an excellent opportunity to increase their revenue and develop strong business skills to maintain their entrepreneurial standards.

Argentina is a Mature Market for International Projects

Argentina is a prime candidate for international outsourcing, primarily because of its high number of English speakers (6.5 million approximately) and its standard time, which is just one hour ahead of EST (two hours early depending on the time of the year). That’s why the country has become the primary destination for North American regions for tech services, web development, and customer service projects in the area. Since 2017, registering a business can take as little as one day with the new Law of Entrepreneurs. This legislation has not only helped local entrepreneurs but has also attracted international investment to Argentina.

Big tech companies such as Google, Oracle, IBM, and Salesforce continuously look to Argentina to hire IT workers and software engineers. Multinationals are constantly looking at the country because of its excellent tech talent pool (Over 130k candidates) and low labor costs (Software engineer salaries are 75% lower than in the US).

We decided on Argentina by analyzing the quality of its university education. We usually employ young people who have a good education; We reviewed our options, and Argentina seemed the best possible business decision. When we analyzed, we saw that the country has outstanding universities, which is a reasonable basis for us; we rely heavily on universities. The government gave us much support in this, too”, said Google’s Eric Schmidt in an interview with Argentina’s biggest newspaper La Nación.

When asked about JP Morgan’s presence in Argentina, CIO Lori Beer stated:

Buenos Aires has become especially relevant since it was established to meet the needs of JP Morgan in every corner of the globe. We are very excited about what is happening in Buenos Aires, which has become a critical place, a critical piece that supports our banking business.

Argentina’s Tech Talent Pools

Argentina is not only home to Lionel Messi and Pope Francis, but it is also the homeland of a vast and well-educated IT community of over 130,000 software developers and engineers. According to Coursera’s 2019 Global Skills Index, software engineering skills in Argentina are leading in the region and worldwide.

Argentinean People. By José Coriolano

The tech industry in Argentina is highly qualified, and it provides a wide variety of tech positions that have made the region an excellent opportunity for investors and business partnerships. According to the OECD, the country is home to a well-skilled and educated workforce where 40% of young adults have completed a college education, positioning Argentina above the G20 tertiary education average.

A New Tech Focus in Argentina’s Education System

Based on the economic challenges that the country has had to face within the last decade, the education system in Argentina now aims for entrepreneurs to innovate solutions to the nation's main problems. Blending high English proficiency skills with certified tech talent and the government's support, Argentina has created a mature tech market that provides international services with the highest required standards.

Pink House, Plaza de Mayo. By GRAPHICALBRAIN

Argentina periodically ranks among the highest educated populations in Latin America due to its free higher-education programs. As stated in the QS World University Rankings in 2020, Argentina's public universities have ranked 66th globally, leading the podium in Latin America. The UTN (Universidad Tecnológica Nacional) provides undergrad and postgrad courses that include systems engineering, software development, and UX design certifications. With MercadoLibre and Globant becoming essential IT services on the international market, professionals in the country with UTN credentials are constantly in demand.

Where are Argentina’s Main Tech Hubs?

Argentina is a well-connected country in comparison with its neighbors. Of the 44 million habitants, approximately 30 million (68% of the population) have internet access. Even though there are regions in Argentina where 4G networks have not been fully deployed, connectivity companies have been preparing since 2020 to implement 5G networks in the country. Speed connections can reach up to 20 Gbps, which will increase IoT (Internet of things) and innovative city developments in Argentina. The cities that have become Argentina's leading tech hubs are Buenos Aires, Cordoba, Mendoza, and Rosario.

Buenos Aires. By Claudio Bianchi

Thanks to legislative efforts and a vast talent pool, the country is moving forward and gaining a solid reputation on the glocal tech scale. Moreover, international investments and a highly educated population made Argentina a leader in the region and scouted by the biggest North American companies.

If you're a CEO or Founder of an innovative startup that is looking for great tech talent, Teilur Talent is the right solution for you!

Teilur Talent is the top IT recruiting and staffing firm in Latin America and you can access to our exclusive network of top Engineers, Software Developers, Product Designers & Data Experts by clicking here.

Need help with cost expectations? 

Costs vary depending on the final offer our candidate accepts. 80% of what you pay goes to the candidate, and the remaining 20% is our fee. We’ve put together some examples of price ranges with all fees included, to help you establish clear pricing expectations for the services we offer.

Pillars
Colombia
Argentina
Mexico
Brazil
Group 1. Coordinators, data analysts, tech sales

$1,500 - $2,000

$1,500 - $2,000

Group 2. Product, designers, growth marketers

$2,000 - $3,500

$2,000 - $3,500

Group 3. Developers and Sr. tech talent (4+ years)

$3,500- $5,000

$3,500- $5,000

Group 4. Sr. software & data engineering (7+ years)

$5,500- $8,500

$5,500- $8,500

1:1 recruiting support

via integration

Talent focus
Pillars
Colombia
Argentina
Mexico
Brazil
Group 1. Coordinators, data analysts, tech sales

$18,000 -$24,000

$18,000 -$24,000

Group 2. Product, designers, growth marketers

$24,000 -$42,000

$24,000 -$42,000

Group 3. Developers and Sr. tech talent (4+ years)

$42,000-$66,000

$42,000-$66,000

Group 4. Sr. software & data engineering (7+ years)

$66,000-$102,000

$66,000-$102,000

1:1 recruiting support

via integration

Talent focus

*Transparent pricing refers to understanding how much a company takes as a percentage of how much a client pays for hired talent. These prices are estimates and always depend on the final offer the candidate takes.

Need help with cost expectations?

Our hiring costs vary depending on the candidate's accepted offer. Use our calculator to estimate costs for different roles.

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At Teilur, Inc, we are committed to accuracy and fairness in all our content. Our discussions and comparisons, particularly those concerning other businesses in the recruitment industry, are grounded in the best interpretations made by our dedicated staff, based on publicly available information. We hold a deep respect for the unique qualities of each organization within our field and strive to offer valuable insights rooted in our core beliefs about the recruitment industry's workings. If you encounter any factual inaccuracies in our content, we encourage you to reach out to us at content-research@teilurtalent.com with the specific URL in question. Your feedback is invaluable, and we are committed to reviewing and addressing your concerns.

Got questions? We've got answers.

1

How is Teilur Talent different from other tech recruiting companies in LATAM?

At Teilur Talent, we take a mission-focused approach to recruiting, ensuring that our candidates are aligned with your company's vision and goals. Unlike other tech recruiting companies in LATAM, who may focus solely on technical skills, we prioritize the cultural fit and dedication of our team members to your company. For this reason, we do not support project contractor or freelancer roles. Instead, we focus on fully devoted team members who will help you achieve long-term success. If you are looking for freelancers to complete one-off projects, you probably are better off going to companies like fiver.com, toptal.com or upwork.com.

2

How does Teilur Talent attract and retain the best talent compared to other companies?

At Teilur Talent, we offer our candidates competitive salaries that are 2x to 3x higher than what tech companies would pay locally. This allows us to attract top talent and retain highly motivated and loyal team members. Additionally, we focus on finding candidates whose values align with the purpose, visoin, and mission of our clients. This approach ensures that our engineers and tech talent are not just coding and completing task—rather, they become part of a greater purpose, which gives them meaning and helps us attract and retain the best talent.

3

What are the typical tech roles that Teilur Talent recruits for?

At Teilur Talent, we specialize in recruiting for a wide range of tech roles that are typically in high demand. These include positions such as DevOps engineers, QA analysts and engineers, back-end and front-end developers, data scientists, product managers, business developers, and technical sales positions. Essentially, we recruit for most roles that are needed in B2B and B2C tech-focused businesses.

4

What are Teilur Talent's fees and pricing structure?

At Teilur Talent, we believe in transparency. We charge a flat rate fee of 20% of what the client pays. This way, our clients know exactly what they are paying for and how much the candidate gets. As an example: If a client hires a software engineer for $60,000 per year ($5,000 per month), Teilur's monthly fee would be $1,000 (20% of $5,000). We don't believe in hidden fees or unwanted surprises, so we disclose all costs upfront to both candidates hired and companies. When exploring other alternatives, make sure they are transparent about their pricing. We believe this is paramount for the benefit of all parties involved in this new era of remote work.

5

What is the candidate screening process at Teilur Talent, and how do you ensure a good fit for my company?

At Teilur Talent, we take candidate screening very seriously. We use a multi-layered approach to find the best candidates for our clients, starting with screening thousands of candidates from our internal and proprietary networks. We leverage AI technology to assess whether a candidate matches the technical skills required for a given job opening. We also perform additional personal evaluations to ensure that the candidate has the soft skills, culture fit, and English language skills required to excel in their new role. Our rigorous screening process ensures that only the best candidates make it through to our clients, saving them time and helping them find the best talent for their teams.