High turnover, lack of talent and salaries above the cost of living. In July of this year, the average software industry salary increased 66% year over yearl, against 64% inflation in that period. This is indicated by the latest survey by CESSI (the sector chamber), curated by OPSSI, an observatory that measures the main variables affecting the sector. Among them, employment.
For methodological reasons, the study does not record the inflationary escalation recorded in the second half of the year, following the resignation of Martín Guzmán from the Ministry of Economy. However, explains the head of OPSSI, Gustavo Guaragna, “on the basis of periodic consultations with companies, the minimum expectation is that wages match inflation“.
Software is one of the highest paid industries, along with the pharmaceutical and oil industries. It is an industry that has 140,000 employees and this every year “leaves between 10,000 and 15,000 vacanciesThe other worrying factor is the high turnover rate, which today stands at around 42%. This means that 4 out of 10 workers change company. In 2020, the rate was around 30%.
The most wanted are highly skilled programmers. So, “salaries associated with these profiles — who represent half of the talent — have increased by 72% in these 12 months, but if we analyze the 25% of the highest paid staff, the increase is 96%,” says a report , which released the information provided by 247 companies, which together employ 26,000 people.
Software is the foundation of the knowledge economy, a sector that it exports services worth US$7,200 million a year. Companies say the number could be much higher were it not for a lack of talent. Alejandro Servide, of the Ranstad consulting firm, points out the chronic difficulty that companies have in recruiting and retaining developers, especially the more experienced ones.
“There are three broad categories of salaries. Junior (up to 1 year) receive between $170 and $200,000; the semi-elderly, about $300,000 and the elderly, $480,000 to $600,000“, describes the specialist. He also adds that the first concern of the candidates, with inflation already close to 100%, is the salary adjustment policy applied by the company. “It’s the first thing they ask for,” says Servide.
Martín Gerding, director of recruitment consultancy Page Group, agrees that “most companies adjust salaries on a quarterly basis.” He alludes to winning sectors, such as technology (knowledge-based services), healthcare and applied research.
Gerding adds that personnel recruitment processes have been accelerated, especially in hierarchical ranks and those with higher professional qualifications. “A negotiation closes in less than a month (in other areas it takes an average of a month and a half), due to the high staff turnover. It is common for the same person to have multiple processes open at the same time,” says the expert.
Source: Clarin
