Benefits of Hiring and Recruitment Outsourcing in Peru

It’s 2024 and you or your executive leadership have decided to enter the Peruvian market. Of all the jurisdictions in the region, Peru makes macroeconomic sense, as it is one of the few Latin American economies that’s expected to grow by 2.7% this year. If 2.7% per cent GDP sounds modest, consider that regional GDP is only expected to grow by 1.6%, making hiring and recruitment outsourcing in Peru more attractive than other countries.

Having chosen to start doing business in Peru, your company must begin to fill positions with highly-qualified staff. Many companies large and small lack the time or resources to properly deploy a hiring strategy; they know that others can do it better than they can. That is why some companies seek the services of a company that specializes in hiring and recruitment outsourcing in Peru to help them find the best staff.

Hiring and recruitment outsourcing in Peru should not be confused with partnering with PEO firms in Peru. Both recruiting agencies and PEOs are focused on workforce HR tasks, but recruiters are primarily in charge of the hiring process. A PEO, on the other hand, is focused on handling all administrative, payroll, and compliance tasks on the client company’s behalf.

Benefits of recruitment outsourcing in Peru

Business is able to expand and scale-up rapidly
Greater chance at hiring the best available talent
Recruitment is one less thing to worry about
Reduced employee training and onboarding time
Help with crafting the ideal job description

The Pacific Alliance is important for hiring and recruitment outsourcing in Peru.

Five advantages of hiring and recruitment outsourcing in Peru

These are some of the many benefits of hiring and recruitment outsourcing in Peru:

1. Business is able to expand and scale-up rapidly

All companies want to be more productive and increase sales, but hiring the people needed in order to scale-up the business can be difficult – especially in a new and unfamiliar jurisdiction. By partnering with the right recruiting agency in Peru, companies can find the best people for the roles that need to be filled. This will allow the business to grow more rapidly.

2. Greater chance at hiring the best available talent

In hiring and recruitment, it’s about quality, not quantity. Sending out too broad a job description will land you with a pile of resumes, but few, if any qualified candidates. Recruiters can use focused searches to increase the company’s chances of finding the highest quality candidates.

3. Recruitment is one less thing to worry about

Finding qualified personnel can be time-consuming and stressful. Working with the right recruiter creates one less thing for you to worry about, as it becomes their job to find the best people fast. Using hiring and recruitment outsourcing in Peru allows you to focus your energies elsewhere.

4. Reduced employee training and onboarding time

The recruitment professional will ensure that your new employees are experienced and well-acquainted with the position. This guarantee means that the time it will take to onboard is kept to a minimum.

5. Help with crafting the ideal job description

A poorly written job description can lead to a pile of CVs of underqualified candidates. A recruiter can help businesses focus their job descriptions, so it’s clear to job seekers exactly what the parameters are.

An infographic about Peru's employment rate, featuring data on unemployment and employment rates. Unemployment: last 7.60%, previous 7.20%, unemployed persons: last 415.10 thousand, previous 385.50 thousand. Employment: last 92.40%, previous 92.80%, employed persons: last 5032.40 thousand, previous 4994.20 thousand — *The employment rate affects hiring and recruitment outsourcing in Peru*

Tips and more on hiring and recruitment in Peru

Whether or not you choose to outsource hiring and recruitment in Peru, you should have some starting knowledge on the type of talent in the country and how best to attract it. What follows are some of the reasons that make Peru a particularly attractive jurisdiction, as well as tips on recruitment:

1. High level of English proficiency

English is the second-most spoken language in Peru, behind Spanish. While proficiency in English isn’t high for the country overall, it’s much higher among educated workers, especially those in the tech sector.

2. Growing pool of tech talent

Peru’s tech talent pool is large and growing larger with each passing day. The country has roughly 30,000 qualified and experienced software engineers. If your firm is looking for developers, Peru is the place to be.

3. Attract the best human talent with a competitive salary

A competitive salary is a must, especially for tech talent. The cost-cutting measures upon which offshoring and “nearshoring” are based will be less pronounced in 2024. Companies should research the benchmark salary data to know how much the best workers expect to receive.

4. Give workers the freedom to work from anywhere

For companies that have offices in Lima or in other Peruvian cities, don’t force the best workers to commute to the office each day if they don’t want to. One study from 2021 found that 87 per cent of IT professionals want flexibility in where they work.

5. Offer workers a chance to grow and advance

The best workers, in the tech sector and elsewhere, tend to be more enthusiastic about joining an organization that offers the chance of upward mobility. Analysis reveals that many tech workers have taken jobs at companies that pay a little less than others, principally because the company gave them more opportunities for learning and professional development.

Biz Latin Hub can help you with hiring and recruitment outsourcing in Peru

At Biz Latin Hub, we provide integrated market entry and back-office services throughout Latin America and the Caribbean, with offices in Lima, Peru, as well as over a dozen other major cities in the region. We also have trusted partners in many other markets.

Our unrivaled reach means we are ideally placed to support multi-jurisdiction market entries and cross border operations.

As well as knowledge about hiring and recruitment outsourcing in Peru, our portfolio of services includes hiring & PEO, accounting & taxation, company formation, bank account opening, and corporate legal services.

Contact us today to find out more about how we can assist you in finding top talent, or otherwise do business in Latin America and the Caribbean.
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