FAQ - Preguntas Frecuentes

Question 1

Are there upfront costs for hiring remote developers through agencies?

Answer

There are no upfront costs just to review or interview remote developers through these agencies.

Fees only start once you decide to actually hire a candidate onto your team, at which point you either:

•Pay a recruitment fee typically equal to about 3 months of the developer’s salary (for direct hires), or

•Pay an ongoing monthly rate per engineer (e.g., roughly $7,500–$10,000 per month, depending on seniority and tech stack) with no separate finder or replacement fees.

Question 2

How to calculate hourly rates from monthly remote developer costs?

Answer

Divide the monthly cost by the expected working hours per month.

1.Pick the monthly cost (e.g., $7,000 or $7,500).

2.Choose a realistic monthly hours baseline (commonly 160–170 hours for full‑time: 40 hours/week × 4–4.25 weeks).

3.Apply the formula:

•Hourly rate = Monthly cost ÷ Monthly hours

Examples used in practice:

•$7,000 ÷ 170 hours ≈ $41.18/hour (mid‑level)

•$7,500 ÷ 160 hours ≈ $46.88/hour (often rounded to ~$44–$47/hour for semi‑senior)

•$9,000 ÷ 160 hours ≈ $56.25/hour (senior, often quoted around $52–$56/hour)

Use 160 hours if you want a more conservative (higher) hourly rate; use 170 hours if you want a slightly lower, more averaged rate.

Question 3

Can you negotiate hourly rates for Latin American remote developers?

Answer

In general, staff augmentation companies can negotiate hourly rates for Latin American remote developers, especially when budgets are tight or you’re hiring multiple roles. Monthly rates (often around US$7,500–8,500 for senior devs) are typically converted to an effective hourly rate (about US$46–47/hour), and providers may reduce margins or adjust seniority to meet a target (e.g., high‑40s per hour). Companies like BEON.tech explicitly state they are open to rate negotiation and margin reductions for larger or strategic engagements.

Question 4

Monthly vs hourly rates for hiring remote developers - which is better?

Answer

For remote developers doing ongoing product work, a fixed monthly rate is generally better than hourly.

Monthly:

•Typical BEON.tech ranges: about $7,500–$9,000/month for mid-level, starting around $9,000/month for senior (up to ~$10,000+ depending on stack and seniority).

•Assumes full-time (≈160–170 hours/month), so the effective rate is roughly $40–$50/hour.

•Best for long-term projects, stable roadmaps, and when you want the developer fully allocated to your team with predictable costs and less tracking overhead.

Hourly:

•More common when your workload is very variable (some weeks 5 hours, some weeks 30).

•Offers flexibility if you truly don’t have enough work for a full-time engineer, but you’ll usually pay a higher effective rate, and top talent prefers stable, full-time engagements.

If you have an ongoing product and can roughly keep a developer busy, a monthly full-time model is usually more cost-effective and attractive to strong engineers; hourly is better only when work is genuinely sporadic or uncertain.

Question 5

How much does it cost to hire mid-level software engineers from Latin America monthly?

Answer

Hiring mid-level software engineers from Latin America typically costs around $7,000 per month per engineer, with common ranges cited between $6,000 and $8,000 per month. This rate usually has all costs baked in (taxes, benefits, equipment, and local payroll handling).

Question 6

What hourly rates do Latin American software engineers charge in 2024?

Answer

In 2024, strong mid-level and senior software engineers in Latin America typically work full‑time on monthly rates that translate into roughly:

•Mid-level / semi-senior:

◦About $7,000–$7,500 per month

◦Equivalent to roughly $40–$45 per hour (assuming ~160–170 hours/month)

•Senior engineers:

◦About $8,000–$8,500 per month, sometimes up to $10,000 for very senior or niche stacks

◦Equivalent to roughly $50–$60+ per hour

Overall, typical hourly rates for solid LATAM software engineers fall in the $40–$60/hour range, with some roles going up toward $100/hour at the top end.

Question 7

Why do remote staffing agencies charge monthly rates instead of hourly for Latin American developers?

Answer

They charge monthly instead of hourly because they are not selling ad‑hoc freelance time; they are selling full‑time, long‑term team members with all costs bundled into a single predictable fee.

For Latin American developers, agencies like BEON:

•Allocate talent full‑time (typically 160–170 hours/month) to a single client so the engineer isn’t juggling multiple clients.

•Bundle salary, benefits, taxes, equipment (e.g., a new laptop), and retention/engagement programs into one fixed monthly rate (for seniors, usually around US$7,500–8,500 per month, often reaching ~US$10,000 depending on seniority/stack; roughly US$80k–100k/year).

•Remove separate recruitment, finder, or replacement fees by absorbing those into the monthly rate.

•Provide stability for both client and engineer, which helps attract top performers in LATAM and keep them long term, instead of operating like a freelance marketplace.

Pricing Model