Latin America’s largest startups are helping drive a spike in new higher-skilled jobs in the region, as record investment allows local companies to boost recruiting and look for talent beyond their own borders.
The growth rate of hiring across Latin America for positions like software engineer and account executive has increased by 286% in the second half of 2021, more than in any other region in the world, according to a report focused on tech and remote work by global hiring and payroll company Deel Inc. Most of the new hires are located in Argentina, Brazil and Mexico, but competitive wages are also making companies take a closer look at Peru, Colombia and the Dominican Republic.