Hiring & Nearshoring Glossary
Plain-language definitions of the terms you will hear when hiring remote talent from Latin America: delivery models, roles, vetting, compliance and rates. Written by Lupa Hire's Talent Partners.
Glossary terms A–Z
Blended Hourly Rates
A blended hourly rate is the average hourly price across team members of different roles or seniority. Learn the formula, an example and when to use it in staffing quotes.
Contingent Staffing
Contingent staffing solutions let companies use temporary, contract and freelance workers to meet changing demand. Learn the types, benefits, risks and how direct hire fits in.
Cross-Border Payroll
Cross-border payroll is paying workers in another country under local tax and labor rules. Learn the challenges, the options and when to outsource payroll services.
Developer Salary Arbitrage
Developer salary arbitrage is the cost advantage of hiring engineers where the typical software developer salary is lower. Learn how it works, its limits and the risks.
Employer of Record (EOR)
An employer of record company legally employs workers on your behalf in another country, handling payroll, taxes and benefits. Learn how an EOR works, its costs and alternatives.
Independent Contractor Classification
Independent contractor classification decides whether a worker is a contractor or an employee. Learn the key factors, the risks of misclassification and what to review before hiring.
Nearshore Tech Talent
Nearshore tech talent are engineers and IT professionals in nearby countries who work in aligned hours. Learn why US companies hire them in Latin America and how to start.
Offshore Development Center (ODC)
An offshore development center is a dedicated engineering unit abroad that works only on your products. Learn how an offshore development team works, its benefits, risks and alternatives.
Resource Augmentation
Resource augmentation services add outside specialists to your team without a permanent hire. Learn how the model works, its benefits, risks and how it differs from IT staff augmentation.
Technical Support Outsourcing
Tech support outsourcing hands troubleshooting and help desk work to an external team. Learn the support tiers, benefits, risks and how to choose a provider.
Technical Vetting / Screening
Technical screening evaluates a candidate's engineering skills early in hiring. Learn the stages, what a technical screening interview covers and how background checks fit in.
Time-to-Hire
Time to hire is the number of days from a candidate entering your pipeline to accepting an offer. Learn how to calculate it, what affects it and how to shorten it.
Time Zone Overlap
Time zone overlap is the number of working hours two teams share each day. Learn how to calculate it, how much you need and why Latin America works well for US companies.
Ready to hire from Latin America?
Book a free consultation call. A Talent Partner will walk you through the best way to hire for your role.
Book a consultation call
