Cost savings are one of the key reasons why American corporations nearshore or recruit HR in Monterrey. Moreover, when compared to large cities in the United States, labor prices in Monterrey are generally lower. Therefore, businesses can significantly save on salaries, benefits, and operating expenses related to HR functions.
Proximity and Time Zone
Monterrey’s proximity to the United States, combined with its Central Time Zone alignment, makes it an ideal location for nearshoring HR functions. Furthermore, the proximity facilitates collaboration, communication, and coordination between the American headquarters and the Monterrey HR staff. Consequently, it enables real-time interactions, reduces travel time and costs, and fosters stronger alignment of HR goals and objectives.
Monterrey has a large number of skilled people who are fluent in both English and Spanish. Moreover, this bilingual workforce is tremendously advantageous to American enterprises, particularly those operating in both English and Spanish-speaking markets. It enables efficient human resource operations and assistance for a diverse workforce by allowing constant engagement with employees, clients, and stakeholders.
Because Monterrey and the United States share cultural commonalities, American enterprises can easily build and integrate their HR processes. Furthermore, the Monterrey workforce is accustomed to interacting with American firms and is conversant with American work culture, corporate practices, and expectations. Because of this cultural compatibility, it facilitates the formation of strong relationships, encourages collaboration, and mitigates potential cross-cultural issues.