4 ms·

What is a “near shore” company?

by jimbob45 5y ago

Raidion 5y ago
For US, it's south America. Same time zone, cheaper labor costs.
- wyclif 5y ago
  Specifically Chile or Peru, judging from where some of my friends in the industry are living now.
- rsj_hn 5y ago
  Interesting. I've been thinking about spending some time in Chile -- what is the English situation in Chile or Peru?
  - helloguillecl 5y ago
    Younger people speak English but it depends what you want to do. People are friendly so they will normally try to help you out anyways. Let me know if you need any advice: guillermog|at|netnotion|dot|com
extr 5y ago
I'd be curious to know as well, but I'm guessing he means Europe. I used to work with other Data Scientists based in Europe and was always shocked to learn how little they got paid, usually less than 50% of american counterparts. And for work like DS where objectives are more abstract and harder to specify, Europeans have enough cultural and literal fluency to be able to fully replace someone from the US. This is in comparison to the situation as I understand it for India-based pure software development, where communication/cultural barriers requires tighter management to use the talent effectively (this is going off what I've heard, I have no personal experience here. so feel free to correct me if my understanding isn't accurate). So previously being able to utilize offshore talent was basically a skill unto itself. Now you did two interviews with similarly skills candidates and one wants 50% less pay, they just have a british accent.
- EMM_386 5y ago
  > I'd be curious to know as well, but I'm guessing he means Europe. Other commenters have addressed this, but the term is normally used for teams within +/- the same timezone but at far lower rates for (hopefully) good engineering quality. So if you are US EST, there are "near shore" companies in the US that will coordinate you with South American teams. They generally have a PM in the US and developers outside.
- llampx 5y ago
  Near-shoring usually refers to someone on the same timezone or nearby physically, like South America or Mexico for the US, or Eastern Europe for Western Europe. In terms of European talent being paid less, yes I agree they are, but there are hidden costs in terms of taxes and compliance that means that companies would rather go to countries which promise an order of magnitude cheaper resources rather than just 50% off.
nixgeek 5y ago
It’s corporate language for hiring in a similar timezone but less expensive country. Instead of hiring in the U.S. you put people in Mexico or South America. Another term is “best shoring”, which is code for wherever you can find talent capable of doing the job for the least amount.
hodgesrm 5y ago
"Near shore" == "Canada"
deleted 5y ago
[deleted]

What is a “near shore” company?

Raidion 5y ago

For US, it's south America. Same time zone, cheaper labor costs.

wyclif 5y ago
Specifically Chile or Peru, judging from where some of my friends in the industry are living now.
rsj_hn 5y ago
Interesting. I've been thinking about spending some time in Chile -- what is the English situation in Chile or Peru?
- helloguillecl 5y ago
  Younger people speak English but it depends what you want to do. People are friendly so they will normally try to help you out anyways. Let me know if you need any advice: guillermog|at|netnotion|dot|com

extr 5y ago

I'd be curious to know as well, but I'm guessing he means Europe. I used to work with other Data Scientists based in Europe and was always shocked to learn how little they got paid, usually less than 50% of american counterparts. And for work like DS where objectives are more abstract and harder to specify, Europeans have enough cultural and literal fluency to be able to fully replace someone from the US. This is in comparison to the situation as I understand it for India-based pure software development, where communication/cultural barriers requires tighter management to use the talent effectively (this is going off what I've heard, I have no personal experience here. so feel free to correct me if my understanding isn't accurate). So previously being able to utilize offshore talent was basically a skill unto itself. Now you did two interviews with similarly skills candidates and one wants 50% less pay, they just have a british accent.

EMM_386 5y ago
> I'd be curious to know as well, but I'm guessing he means Europe. Other commenters have addressed this, but the term is normally used for teams within +/- the same timezone but at far lower rates for (hopefully) good engineering quality. So if you are US EST, there are "near shore" companies in the US that will coordinate you with South American teams. They generally have a PM in the US and developers outside.
llampx 5y ago
Near-shoring usually refers to someone on the same timezone or nearby physically, like South America or Mexico for the US, or Eastern Europe for Western Europe. In terms of European talent being paid less, yes I agree they are, but there are hidden costs in terms of taxes and compliance that means that companies would rather go to countries which promise an order of magnitude cheaper resources rather than just 50% off.

nixgeek 5y ago

It’s corporate language for hiring in a similar timezone but less expensive country. Instead of hiring in the U.S. you put people in Mexico or South America. Another term is “best shoring”, which is code for wherever you can find talent capable of doing the job for the least amount.

hodgesrm 5y ago

"Near shore" == "Canada"

deleted 5y ago

[deleted]