article thumbnail

Nearshoring to Mexico: Is It Cheaper Than the U.S.?

Ivemsa

Many factors over the years have led to a surge of foreign operators nearshoring manufacturing to Mexico. Lower labor costs when nearshoring to Mexico Labor costs are the majority of operational expenses to account for when launching production. Though each job level differs in base wages, across the board, they are less in Mexico.

article thumbnail

Nearshoring: The Secret to Solving the DevOps Skills Shortage

Auxis

“DevOps engineer” became the most recruited job on LinkedIn in 2018 - and demand continues to explode.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Preparing for the Advancement of Nearshoring to Mexico

Ivemsa

This program allows foreign manufacturers exemption from the 16% VAT tax on temporarily imported goods and materials, making it one of the key advantages incentivizing nearshoring to Mexico for foreign operators. One of the biggest advantages of nearshoring to Mexico is the highly-skilled, cost-effective workforce.

article thumbnail

Nearshore vs. Offshore Development Cost Comparison

3Pillar Global

Nearshore vs Offshore: Things to Consider. This task often involves a comparison of the TCE for offshore and nearshore service providers, which must account for other factors besides the hourly cost of each worker. Offshore vs. Nearshore Comparison. Management overhead. Productivity loss. Knowledge Transfer.

article thumbnail

5 Reasons Companies Are Nearshore Manufacturing to Mexico

Ivemsa

They join several of the top global leaders in the manufacturing industry that have benefited from the advantages of nearshoring to Mexico for decades. Here are five reasons companies are nearshoring manufacturing to Mexico as part of their strategic operations. #1: million unfulfilled jobs by 2030. could result in 2.1

article thumbnail

There’s Plenty of Room at the Table for Nearshore and H-1B Visa Holders

Future of Digital Sourcing Nearshoring

Those that agree with the H-1B restrictions order tout the fact it will bring jobs back to the newly unemployed who have been impacted by the sudden economic shift brought on by the pandemic in the U.S. In fact, nearshoring has always been a reliable way for companies to leverage tech talent and resources closer to home.

article thumbnail

Interview with Alex Merecka, Software Engineer at WebCreek

WebCreek

The oil and gas industry has many complex processes and can be intimidating for aspiring software engineers and developers. I transitioned from petroleum engineering about 2 years ago, and I decided to change career paths and go into software development. Rate this post. Mario : That’s interesting.