Mexico City has emerged as a thriving hub for tech in Latin America. Mexico has a pro-business environment and encourages foreign investment and growth in the tech industry. Considering building your tech team in Mexico City? Check out our guide below.
According to a report by the Mexican government's National Institute of Statistics and Geography, there were approximately 253,000 people employed in the ICT sector (Information and Communication Technologies) in Mexico City as of 2020. The number has continued to rise in the past few years.
The ICT sector includes a wide range of jobs including:
Software developers
Web developers
Network administrators
IT support specialists, among others.
Additionally, there are many universities and technical schools in the city that offer programs and education in computer science, engineering, and other related fields, which helps to ensure a steady supply of new tech talent entering the job market.
The startup environment in Mexico City is thriving, and has grown significantly in recent years. This comes at no surprise, given Mexico City is the cultural and professional center of Mexico with more than 21 million residents.
Startups in Mexico City span a wide range of industries and careers, from fintech and e-commerce to healthcare and agriculture. This diversity of industries creates opportunities for entrepreneurs to tackle a wide range of problems and build innovative solutions.
Mexico City’s startup ecosystem is rapidly growing, with a large number of incubators, accelerators, co-working spaces, and other resources available to support startups. Many major financial institutions have a hub in Mexico City as well as headquarters for media tech giants like Apple, Google, and HP.
Many companies find that Mexico is the gateway to the rest of Latin America’s tech scene. Many investors and businesses choose to open offices in Mexico City first in order to gain a foothold in the Latin American market.
Mexico City has a large and growing pool of talented software developers and engineers, with many highly skilled professionals that have experience working in a variety of industries. This makes it an attractive location for companies looking to hire top talent in the tech industry. Many graduating students from the universities with bachelors degrees and masters degrees in the country flock to Mexico City post-graduation in the hopes of landing a job in the city's tech hub.
The cost of living and wages in Mexico City are lower than in many other major cities in North America, Europe, and Asia. This means that companies can often hire developers in Mexico City at a lower cost than in other locations, while still offering locally competitive salaries.
Mexico City has a close proximity and relationship with the United States and Canada. This makes hiring in Mexico City an attractive location for companies looking to hire developers who are familiar with the North American market.
The Mexican government encourages and gives a lot of incentives for foreign investment, streamlines regulations, and has a supportive ecosystem for startups and tech companies.
As one of largest tech hubs in Latin America, Mexico city is home to a wide variety of developers and tech professionals in the following careers:
Software engineers
UX/UI designers
Project managers
Data analysis
Developers
C# developers
Application developers
Stack developers
Game developers
IOS developers
Mobile app developers
JavaScript developers
PHP developers
Go developers
WordPress developers
.NET developers
AngularJS developers
NodeJS developers
Recruiting software developers in Mexico City requires a tailored approach that takes into account the unique characteristics of the city's talent pool and the competitive landscape. Here are a few strategies that companies can use to effectively hire and recruit the best software developers in Mexico City:
University internships : Mexico City is home to many universities and technical schools that offer programs in computer science, engineering, and related fields..
Leverage local networks: Many software developers and engineers in Mexico City are active in local tech communities and networks. Companies can leverage these networks to connect with potential candidates, by attending events and meetups, sponsoring events, and contributing to open source projects.
Offer competitive compensation and benefits: As in any competitive job market, companies looking to hire software developers in Mexico City need to go the extra mile and offer competitive compensation and benefits packages to attract top talent.
Emphasize your company's mission and values: In addition to compensation and benefits, many software developers in Mexico City are also interested in working for companies that align with their personal values and mission.
Work with an EOR: Finally, companies can work with an EOR partner that specializes in tech talent.. These agencies often have a deep understanding of the local talent landscape as well as local laws and regulations.
Salary range for software developers and engineers in Mexico City will vary depending on several factors, including years of experience, type of company, and specific skills and expertise.
Junior Software Developer/Engineer: $10,000-$23,000 USD per year or around $36,000 per year as a contractor
Intermediate Software Developer/Engineer: $13,000-$20,000 USD per year or around $45,000 per year as a contractor
Senior Software Developer/Engineer: $11,000-$48,000 USD per year or around $63,000 per year a contractor
Team Lead/Manager: $51,000- $80,000 USD per year or around $70,000 per year as a contractor
Here’s a look at average developer salaries by programming language:
$13,000-$26,000 USD per year for NodeJS developer
$10,000-$28,000 USD per year for JavaScript developers
$9,000-$25,000 USD per year for AngularJS developers
$9,000-$24,000 USD per year for PHP developers
$7,000-$27,000 USD per for WordPress developers
If you’re thinking about hiring full-time developers and software engineers in Mexico City but don’t want to waste time or resources setting up an entity, you may have considered partnering with a global EOR provider like Justworks.
Companies that partner with an EOR recruit and build their teams. An EOR takes care of the paperwork, including onboarding, offboarding, payroll, benefits, taxes, employment contracts, ongoing compliance, and all other HR processes.
Through Justworks, you can now expand the boundaries of your talent search without setting up a local entity. Focus on building your team, and leave worrying about the nitty-gritty of HR and international compliance to us.
Our team of local labor lawyers and experts ensure that your small business always remains compliant while expanding internationally. We handle the responsibility side of things so you can focus on what matters: managing your team.
Learn more about how you can expand your international business through Justworks, and get started today.
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