Saturday, October 1, 2022

Technology: New labor demands that are getting stronger

Today, companies from the most diverse industries that need to implement modern software and technology developments to guarantee growth and increased productivity are joining this market; and for this, They need to look for the best technical talent globally.

The skyrocketing demand for technical talent is forcing leaders of all types and companies to revise their recruitment strategies. And they now talk not only about recruiting, but also how to retain the most strategic talent among their ranks.

Tech candidates know this. Simply improving salary packages or offering flexible work plans is no longer enough. The increase in movements in this sector of the labor market is notable.

This is why they put issues on the table when choosing a job, such as, for example, the attractiveness of the industry, labor flexibility, the culture and values ​​on which each company operates or the professional challenges faced in each project; And they put on another level of weighty issues like salary reform or corporate career prospects.

We are used to hiring candidates competing with each other to reach a desired position or a dream company. In the tech world, the equation was reversed. Companies bid on each other to be attractive to these types of candidates.

Analyzing large amounts of data is a common denominator of the digital age.

By technical talent, we no longer mean just programmers; But we are also talking about people who study and optimize customer experiences, manage the development of digital products and organize marketing, communication and digital design strategies based on behavioral analysis.

That is why, apart from programmers, there is a growing demand in areas such as digital marketing specialists, data scientists, business intelligence specialists and user experience.

local landscape

In Latin America, for the next decade, it is estimated that the positions to be filled by technical talent will exceed one million.

In response, new forms and strategies of education are emerging that facilitate learning of new technologies, focusing heavily on the skills and tools companies need and in shorter cycles to accelerate the learning process .

In Argentina, 72% of companies, large and small, clearly express that they have problems filling these positions. The Argentine software industry, and those based on knowledge, annually adds between 5,000 and 10,000 vacancies to a labor market that groups approximately 115,000 workers.

Clearly, global trends are repeating in the country. The same trend that compels these companies to recruit talent from overseas and try to retain the employees they already have.

It is believed that 66% of technology professionals are actively looking for new job opportunities. Of them, 44% do so to improve their income.

This data alone characterizes the dynamics of the technical labor market.

If, in addition, we add it mainly in the region and in our country; Wages for this market are well below the global average; We find foreign companies that actively recruit local talent while offering very attractive salaries and conditions for Latin American professionals.

Companies of all types and sizes, from different backgrounds and industries, today provide income ranging from $3,000 to $6,000 to the local worker who works for them.

These numbers often make any retention or recruitment effort practically unfeasible for a local company.

High turnover rate, inflationary process, local talent and foreign companies catching talent that prefer to skip the formality to earn income outside the country; They exacerbate the problem of any local company that needs these types of professionals.


All this creates huge challenges. For governments, to create and promote the conditions so that new talent can be generated, with increasing demand and promoting their labor inclusion.

For companies, adopt new attractiveness and retention strategies; Their searches involve not only seasoned professionals; But also professionals who may not have the necessary experience, but who are able to add new skills and are eager to learn and gain new experiences.

These new talents have an incredible advantage; They are usually people who are willing to learn, grow and improve; And they have unprecedented flexibility to adapt to the needs of those who hire them.

A final challenge for all of us is to create intensive educational processes, to cut down on time and gain some of the knowledge and skills that today’s companies need. Based on action and teamwork.

In short, we are facing a scenario where everyone, governments, teachers, scientists, businessmen and society must create spaces that enable the creation of new technological talent and transform labor inclusion into a great opportunity for growth. Huh.

Strategic Alliances and Growth in Le Wagon Hispano America.

Nation World News Desk
Nation World News Desk
Nation World News is the fastest emerging news website covering all the latest news, world’s top stories, science news entertainment sports cricket’s latest discoveries, new technology gadgets, politics news, and more.
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