This week, we were having a conversation about companies that outsource effectively. While we’ve long said that hiring in Latin America is indeed more effective than doing it locally, what does this actually look like in numbers?
To wrap up the week, we’re diving into how EY is leveraging Latin American talent at scale.2
We based our analysis on EY’s estimated 4,000 employees in Argentina. Interns and executives were excluded from the study. This left us with a representative sample of 3,480 professionals across delivery, mid-level technical, and leadership roles. The data was sourced from publicly available salary benchmarks using Perplexity and Glassdoor.
📊 Comparing Talent Costs: Argentina vs. U.S.
Based on EY’s actual staffing footprint in Argentina, we calculated what it would cost to employ the same 3,480 roles using U.S. market salary averages. This side-by-side comparison highlights the financial impact of building teams in Latin America versus hiring locally in the U.S.
| Seniority Level | Monthly Cost – LATAM | Monthly Cost – U.S. | Headcount (sample) |
| Core Junior Delivery Staff | $2,700,000 | $9,900,000 | 1,800 |
| Mid-Level Technical Roles | $2,500,000 | $8,600,000 | 1,000 |
| Project/Team Leads | $1,400,000 | $6,000,000 | 400 |
| Higher-Level Client Leaders | $1,540,000 | $5,040,000 | 280 |
| Total (Monthly) | $8,140,000 | $29,540,000 | 3,480 |
👉 Result: 72.4% in cost savings
👉 Each dollar in Argentina stretches over 3x further
🌎 Why Argentina?
EY hires in LatAm to maximize a talent pool that most companies are overlooking. And why wouldn’t they? Argentina offers talent that is educated, bilingual and within an hour to Eastern Time zone.
🚀 Effective, Not Low-Value
While we’re talking about a strategy to save costs, it is also one to compete at a higher level:
- Maintain performance standards
- Reduce operating costs
- Tap into a scalable talent pipeline
All in all, the numbers speak for themselves. But EY isn’t just saving money, they’re building capable teams by hiring where it makes the most sense. Outsourcing to Latin America is a smart move, and one more companies should be paying attention to.
What are your thoughts?
No responses yet