Market overview: talent costs keep on growing
The past two years have seen an industry-wide shift in software development. Amid the changing economic climate, there’s been a push for technology executives and teams to deliver more with less resources. With AI augmentation now widely accepted as the de-facto standard way to build digital solutions, cost-efficiency is turning into the mantra of software companies.
One of the main challenges in this efficiency-focused landscape is the fact that developer salaries have continued to grow throughout 2023–2025. In the past 24 months, there’s been a 13% increase in the average software developer salaries in the US, with rates exceeding the 2022 highs.
Maximizing efficiency through offshoring and nearshoring
As US talent is getting more expensive, companies are increasingly turning to partners like AgileEngine. Engaging top-skilled remote experts can create a 50–70% advantage in terms of costs, depending on the location and area of expertise. The report available for downloading below examines this cost difference in depth, comparing average salaries in the US to top remote destinations like Latin America, Europe, and Asia.
Curious to know more about remote talent — and the strategies for leveraging it to your maximum advantage? Book a consultation with our experts for personalized insights tailored to your specific project, technology challenges, and business goals!
