Data Roles Salary Guide: US vs. Latin America

This is part of our 2023 Salary Guide: US vs. Latin America.

In an era where data drives decision-making, having access to high-quality data and the ability to analyze it effectively is key to success. Latin American (LatAm) data professionals focus on data-driven decision-making and have a strong analytical mindset, making them critical in helping organizations make informed decisions based on high-quality data. 

Nearly all roles in your data department require someone who can work with large amounts of data, identify trends and patterns, and communicate their insights to decision-makers clearly and concisely. Data positions also require a firm understanding of data analysis and visualization tools and techniques.

The following are some of the most in-demand data jobs for LatAm remote workers to fill and the average salary range:

Business Intelligence (BI) Analyst

A BI analyst plays a critical role in an organization’s decision-making process. Their primary responsibility is to collect, analyze, and interpret large amounts of data and provide insights and recommendations to decision-makers. This role requires a combination of technical and business skills. A BI Analyst must be able to identify patterns, trends, and opportunities in the data to help the organization achieve its goals.

LatAm annual salary range: $30,000–$60,000

Potential savings over US salaries: 48.62%

Data Analyst

Data analysts collect, process, and perform statistical analysis on large data sets. Their main goal is to turn data into meaningful information that can be used to make better business decisions. This role requires a strong analytical and technical skill set, such as utilizing utilizing web scraping in PHP or alternatives data extraction methods.‍

LatAm annual salary range: $30,000–$60,000

Potential savings over US salaries: 42.73%

Data Engineer

Data engineers are responsible for designing, building, and maintaining the technical infrastructure necessary for the organization to collect, store, and analyze data. This role requires a deep understanding of databases, data warehousing, and data processing technologies. Data engineers must be able to work with large amounts of data, design and implement efficient data storage solutions, and ensure that data is easily accessible to other teams within the organization.

LatAm annual salary range: $42,000–$84,000

Potential savings over US salaries: 52.42%

Data Engineering Manager

A data engineering manager oversees a team of data engineers, ensuring the technical infrastructure for collecting, storing, and analyzing data is in place. This role requires strong leadership skills and a deep understanding of databases, data warehousing, and data processing technologies. The data engineering manager must work closely with other departments to understand their data needs and ensure that the technical infrastructure is designed to meet those needs.

LatAm annual salary range: $78,000–$120,000

Potential savings over US salaries: 51.02%

Data Lead

Data leads are responsible for the overall strategy and execution of data-related initiatives within the organization. A data lead should have strong leadership skills and a deep understanding of data management and data analysis. 

LatAm annual salary range: $48,000–$108,000

Potential savings over US salaries: 27.13%

Data Scientist

Data scientists collect, process, and perform statistical analysis on large data sets. Their main goal is to turn data into meaningful information that can be used to make better business decisions. 

LatAm annual salary range: $36,000–$60,000

Potential savings over US salaries: 57.62%

Director of Data 

A director of data is responsible for the overall strategy and execution of data-related initiatives within the organization. They will need strong leadership skills and a solid understanding of data management, analysis, and visualization tools and techniques. 

LatAm annual salary range: $72,000–$132,000

Potential savings over US salaries: 21.89%

Return to the 2024 Salary Guide: US vs. Latin America

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To read about the roles and average salary ranges in other fields, such as design or finance, and the cost-of-living information for five LatAm countries, return to our 2024 Salary Guide. 

The salary guide is a valuable resource for businesses looking to hire remote talent from LatAm. It presents a comprehensive overview of LatAm job market trends, cost of living, and the skills and qualities of roles that LatAm remote workers can fill. It gives you the information you need to determine what salaries would be fair for your remote LatAm workers while still providing cost savings for you. 

By nearshore outsourcing to the LatAm region, businesses can access a diverse and highly skilled talent pool and save on operating costs. To learn more about how Near can help you leverage nearshore hiring, talk to our sales team to learn more about pricing, hiring models, and more.