Benchmark data

Latin America salary guide: what roles actually pay, by country

Monthly gross salary ranges in USD equivalent across all major LATAM markets US companies hire in. Salary is only the first line of the cost, the statutory employer burden table below is what changes the answer to "which country should we hire in".

Monthly salary by role and country

Gross monthly salary, USD equivalent, before employer burden and fees. Ranges span junior to senior within each role.

Benchmark data

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Statutory employer burden by country

This is the multiplier applied on top of every salary above. It is mandatory, it is not negotiable, and it is the single most common omission in nearshore budgets.

Mexico

2535%

IMSS, INFONAVIT, SAR, aguinaldo, vacation premium, PTU

Colombia

3045%

Prima, cesantías + interest, EPS, pension, parafiscales

Brazil

4055%

INSS, FGTS, 13th salary, vacation + 1/3, union terms

Argentina

2535%

SAC, social security, union funds, indexed reviews

Costa Rica

2638%

CCSS, aguinaldo, cesantía reserve, INS risk policy

Chile

2535%

AFP pension, health, gratificaciones, severance reserve

Peru

2838%

EsSalud, CTS, gratificaciones, pension

Uruguay

2840%

BPS, FONASA, aguinaldo, severance fund

Ecuador

2232%

IESS, decimo tercero, decimo cuarto, vacation

Guatemala

2434%

IGSS, aguinaldo, bono 14, vacation premium

TSS, SFS, aguinaldo, severance, vacation

Panama

2636%

CSS, CSS educativo, aguinaldo, vacation

El Salvador

2434%

ISSS, AFP, aguinaldo, vacation

Honduras

2434%

IHSS, RAP, aguinaldo, vacation

Nicaragua

2434%

INSS, aguinaldo, vacation premium

Bolivia

2535%

Caja de salud, aguinaldo, vacation

Paraguay

2535%

IPS, aguinaldo, vacation

Venezuela

1525%

Contractor-based engagements; case-by-case structure

Cuba

1525%

Licensed engagement structure; case-by-case routing

Haiti

2030%

Managed partner employment, ONA/OFATMA, severance accrual

Suriname

1525%

Pension, health insurance, vacation allowance, year-end bonus practice

Guyana

1422%

NIS, PAYE, leave, severance accrual

Belize

1018%

Social Security Board, leave, severance accrual

Jamaica

1220%

NIS, NHT, education tax, HEART, redundancy reserve

NIS, health surcharge, PAYE, severance accrual

Puerto Rico

1525%

FICA, local SUTA and disability, statutory Christmas bonus

Turn a benchmark into a budget

Salary plus burden plus fee, per seat and per year, against the equivalent US in-house cost.

Model your team

Your modeled outcome

$106,752

saved per year on 3 mid bilingual customer support seats in Mexico, 57% below the US in-house equivalent.

US in-house$187,500
Mexico with us$80,748

$320,256

saved over 3 years

+3 seats

the savings alone would fund

5–15 days

to onboard, on our own entity

Landed cost breakdown, $2,243 / seat / month
Gross salary
$1,500
Statutory employer burden
$450
Service fee
$293
Team of 3, annual
$80,748

Burden in Mexico: IMSS, INFONAVIT, SAR, aguinaldo, vacation premium, PTU. No entity setup, no $6k–$30k incorporation, no 4–7 month wait. Indicative ranges for planning, we confirm exact figures against live market data for your roles.

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