The demand for full stack developers in Latin America (LATAM) is growing rapidly. This is due to a number of factors, including the relatively affordable cost of living.
If you're considering hiring a full stack developer from LATAM, it's important to understand tech talent salaries and other factors that can affect compensation. In this blog post, we'll discuss everything you need to know about hiring full-stack developers in LATAM, including:
What is a full-stack developer?
A full-stack developer is a software engineer who can work on both the front-end and back-end of a website or web application. They are skilled in front-end technologies (such as HTML, CSS, and JavaScript) and back-end technologies (such as Python, Java, and SQL).
20% of Awana's talent search are full stack developers
Companies benefit from hiring this type of software developers to work on complex web applications without having to hire separate front-end and back-end developers.
Average full stack developer salary in LATAM
Contrary to popular belief, the salary range for full stack developers in LATAM is primarily influenced by their level of experience and the technologies they specialize in, rather than the country they are located in.
Mid-level compensation rates
In the Latin American region, mid-level developers typically have 3 to 4.5 years of experience and make up a significant 42% of the full-stack positions being searched by Awana.
According to Glassdoor, the average compensation for mid-level full stack developers is $6,446 per month in the United States (with a range from $4,834 - $9,024).
In LATAM, the average salary for a mid-level full stack developer is $3,500 per month.
Senior-level compensation rates
29% of the sought-after skilled professionals in Awana's talent search are senior-level developers, with a minimum of 5 years and a maximum of 7 years of experience.
A senior full stack developer salary in the U.S. can go between $72k to $113k per year while LATAM offers the same level of experience at $55k ranging to $96k per year, representing a much more viable option for companies with limited budgets.
Related: Learn about other tech positions and compensation tech positions and developer salary ranges.
Emerging Trends in Hiring Full-Stack Developers: Tech and Industries
Some of the most in-demand technology combinations for remote full-stack developers include:
- React, Node, Typescript, and AWS
- Python, React, and Django
- Java, Angular or Vue, and GCP
These combinations of technologies are highly sought after by companies looking to hire skilled full-stack developers.
The demand for full-stack developers in Latin America (LATAM) is rapidly growing, and various industries are recognizing the value of hiring these skilled professionals. Among the top industries seeking full-stack developers are the Software Development industry, including IT Consulting Agencies or dev shops.
Additionally, the Fashion Retail industry, the Hospitality industry (specifically restaurants), and the fintech industry have also identified the need for full-stack developers in their respective sectors.
More about technologies, compensation and perks for developers are available in our Free LATAM Compensation Report.
Conclusion
Hiring a full stack developer from LATAM can be a great way to save from 40% to 55% in hiring costs and to access a large pool of talented candidates.
If you're eager to discover the availability of skilled full stack developers in LATAM who specialize in specific technologies, and how it impacts compensation, don't hesitate to share your requirements today.
Newest Update: November 2023