Why traditional recruiting lacks transparency
Recruiter-heavy models create challenges that undermine financial planning:
- Agencies inflate salaries with hidden margins
- Long lead times create additional opportunity costs
- Executives struggle to benchmark true costs
The nearshore cost advantage
- Transparent rates with no markups
- Predictable monthly expenses for easier forecasting
- Access to highly skilled engineers at competitive rates
Best practices for financial clarity
To improve budget accuracy, executives should:
- Insist on clear contracts with line-item visibility
- Compare nearshore rates to fully loaded US developer costs
- Monitor retention metrics, like Howdy’s 98% retention rate, to calculate ROI