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Hire a remote team in Argentina

Hiring a remote team in a country as Argentina comes with a lot of overhead, such as compliance, local laws, taxes, etc. As a company, you don't want to worry about knowing all the local laws. Instead you want to focus on your remote team and the business. Rivermate's Employer of Record (EOR) solution helps companies hire remote employees in Argentina. We take care of global payroll, taxes, benefits, compliance and HR activities. So you can focus on growing your business.

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1. Hire a remote team in Argentina with Rivermate

Payroll, benefits, taxes, and compliance can be difficult to manage in Argentina, particularly if you don't have established local relationships. You can hire employees in Argentina effectively, conveniently, and in full compliance with all relevant labor laws using Rivermate's global Employer of Record (EOR) solution. We handle the responsibilities and legal risks associated with foreign employment so you can concentrate on growing your company.

Table of contents
  1. Hire a remote team with Rivermate
  2. Introduction
  3. Hiring a remote team in your country
  4. Cost of living
  5. Cost of renting
  6. Major industries
  7. Hiring cost
  8. Employment laws
  9. Top skills
  10. Economic landscape
  11. Market size
  12. Minimum wage

2. Introduction

Rivermate is a global employment solutions company that provides Employer of Record services in Argentina.As an employer of record, we help you hire employees and run payroll services in Argentina, allowing you to avoid the necessity of first establishing a branch office or subsidiary in Argentina.It is not necessary to establish an entity in order to hire an employee. We can hire your employee in any country with a few mouse clicks. Using our Employer of Record solution, you can have full compliance, benefits, and automated payments.If you wish to hire a remote team in Argentina or individually hire remote employees in Argentina, Rivermate’s global employer of record services will make sure that the process will be as seamless as possible for you.Send us a message so we can talk about how Rivermate’s Employer of Record Argentina services can best help your company!

3. Hire a remote team in Argentina

Argentina has Latin America's third-largest economy. It boasts a diverse industrial environment, an export-oriented agriculture economy, and vast natural resources. According to the United Nations Human Development Index, it ranks second in Latin America.Argentina has a rapidly rising tech industry with more international investment, which bodes well for the country's economic progress. As a consequence, numerous foreign corporations are eager to expand their operations and join the Argentina market. Argentina's fastest-growing industries include information and technology, agrifood, telecommunications, power, tourism, and safety equipment.In Argentina, a scarcity of qualified employees makes it more difficult to escape the middle-income trap. Companies in Argentina confront a 59 percent talent gap owing to the difficulties in obtaining individuals with the necessary abilities.The game's new names are upskilling and reskilling. Today's labor skills will drive the economy for at least the next two decades. Collecting information about people's abilities and corporate demands is essential for attaining this aim. Today's economy is all about the demand for complicated talents, therefore it's time to put Bitcoin aside for a moment and start investing in people.

4. Cost of living in Argentina

The cost of living in Argentina varies depending on where you live. Living expenditures in rural locations are typically one-third of those in major cities. In Buenos Aires, Argentina, for example, a one-bedroom apartment close outside the city center costs 251$ (ARS 24000). Similarly, a one-bedroom apartment in Rosario's city center would set you back roughly $271, or ARS 26000. A three-bedroom apartment in Bariloche would cost $419, or ARS 40000.

5. Cost of renting in Argentina

The average monthly rent in Argentina is $524 or 50000 ARS. This rate is subject to change based on location and lifestyle.

6. Major industries in Argentina

The top sectors where employers will want to hire remote employees from Argentina are the following: 1. Software and Data. The scope of software development and data outsourcing in Argentina in 2021 is enormous. This is due to the focus on higher education and technological capabilities. Talented software developers often flourish in Argentina's IT sector.2. Social and Leisure. Government incentives and remote work rules have made it simpler for Argentina's social and leisure industry to grow.3. Ecommerce and Retail. Argentina's startups are thriving. Argentina is a unique possibility due to a very excellent balance of regulatory rules and team availability.

7. Hiring cost in Argentina

The hiring cost in Argentina is a significant aspect to consider when hiring new employees. Other elements include legal support, a recruiting agency, the establishment of a legal business, a hiring committee, a translator, ads, and screening checks. Other variables that influence recruiting expenses include training, opportunity costs, the cost of living in a place, and onboarding fees.

8. Employment laws Argentina

Argentina's labor laws are intended to safeguard workers' rights by establishing reasonable working hours, giving sick pay, overtime pay, and guaranteeing vacancies on a yearly basis.Employers must provide mandatory life insurance coverage to all of their workers.The labor law includes public order standards that cannot be avoided by any arrangement.Employees now have access to public money according to the Employees' Pension and Retirement Act.Argentina's labor laws are federal, so work terms and conditions are nationally uniform.

9. Top skills Argentina

Argentina's market is quite active. There are several entry-level career prospects for ambitious and motivated new graduates; seasoned and industry specialists also succeed in senior-level roles. However, depending on the dominating profession in the city, various cities have different sorts of abilities. The following are the most in-demand skills in Argentina:- Data Engineer- JavaScript developer- Data analyst- Ecommerce- Banking, finance, and insurance- Service managers- Web Designing

10. Economic landscape in Argentina

Argentina's economy is rebounding quicker than projected after plunging 9.9 percent in 2020. Experts predict that the GDP will grow by 6.1 percent in 2021 and 1.8 percent in 2022.

11. Market size in Argentina

Argentina is the third-largest economy in Latin America, with 47.3 million people scattered throughout 23 provinces and the city of Buenos Aires. Approximately 92 percent of the country's population lives in cities, with 45 percent residing in Buenos Aires (Capital and Province) and the other 20 percent spread between the provinces of Córdoba, Santa Fe, and Mendoza. The nation possesses a skilled and educated workforce, but its populace has been subjected to economic upheaval throughout the previous 75 years.

12. Minimum wage in Argentina

The monthly minimum wage in Argentina is $27,216.00 ARS (281 USD). On August 1, 2021, the minimum wage will increase to $28,080.00 ARS (290 USD), and then to $29,160.00 (302 USD( ARS on September 1, 2021.Additionally, a 13th month bonus is required. The bonus is paid in halves by June 30 and in full by December 18. It is titled "Sueldo Complementario Annual."