Five reasons why companies should start including NEARSHORING in their work methodology.

The pandemic has allowed organizations to behave differently; although many were unprepared, they had to adapt quickly to face new challenges. The leading global objective has been to challenge the rigid structure of companies towards the remote environment. Only those companies that see this challenge as an opportunity have achieved superior results in times of crisis.

It is for this reason that we share five reasons to implement NEARSHORING in your organizations:

1. REDUCING OPERATING COSTS

Hiring remote workers through Nearshoring allows companies to have highly trained personnel saving saving anywhere between 30% to 70% on staffing costs.

The main reason is that in Latin America, the cost per hour of an employee is significantly lower than in the United States in specific areas such as IT or Customer Service, which makes a big difference in organizations' budgets.

2. COMPATIBILITY OF TIME ZONES

Similar time zones allow teams to work closely and collaborate throughout the working day. As a result, delays and bottlenecks are less likely. Also, time zone support helps customers work flexibly, as they can respond to requirements in near real-time, and feedback is quick to be heard and executed.

Another advantage of having similar time zones is that people in the company can travel easily. If necessary, travel will not involve spending a whole day or more on a plane.

3. INFRASTRUCTURE QUALITY

In general, the equipment in Latin America has an infrastructure quality superior to that of other parts of the globe with cheaper rates. The internet connection is stable. Also, Latin America has a reliable communication infrastructure that avoids delays at work.

4. CULTURAL CLOSENESS

One of the most significant nearshoring benefits is cultural closeness. The US and Latin America share many cultural similarities–from TV and movies to social norms and even work culture–making it easy to work together by enabling teams to bond and build trust.

Most IT Latin American developers speak English fluently, and Many university systems require students to learn the language and demonstrate a certain level of proficiency to earn their degree. These factors make nearshore uniquely suited to Agile development projects that require close, constant collaboration and a high level of engagement.

5. GEOGRAPHICAL PROXIMITY

Nearshoring allows the work team to be brought together quickly, thanks to its geographical proximity. Nearshoring teams are generally only 1 flight and a few hours away from US offices.

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