The wage situation in Argentina compared to the main countries of the region changes drastically depending on the type of dollar considered. If you take the official dollarthe average of expected salary by local workers is US$1,152 Then, Above average from Chile, Ecuador, Peru and Panama, according to a study carried out by the Jobint Human Resources group (Bumeran, Zonajobs).
But, how is the dollar at that value practically inaccessible in Argentina, if you take the MEP or Stock Market dollar (which is acquired through stock market transactions and is already available on almost all bank sites) the country’s salary is US$627, making it the lowest in the region. The data is from December.
Despite this distinction, the required Argentine salaries were those who have grown the most over the past two and a half years, an increase of 20%. Of course, this comparison only takes into account the nominal value and not the purchasing power of wages in each country.
The highest median salary in the region is Panamanian, at $1,037 a month. They are followed by Chilean (US$1,035), Peruvian (US$823) and Ecuadorian (US$810).
In an analysis of wages according to art seniority of the position, for the levels of boss or supervisor, the highest average salary is Panamanian, with $1,440. Then there are the Chilean ($1,430), the Peruvian ($1,403) and the Ecuadorian ($1,313). Once again, Argentina occupies the last position with 990 US dollars per MEP dollar (1,818 US dollars for the official one).
Inside junior segment, the highest average salary is in Chile, with US$837. It is followed by Panama (US$742), Ecuador (US$519), Peru (US$456) and Argentina (US$422 MEP). If you take the official dollar, it would be second at 775 US dollars.
While Argentine MEPs’ salaries in dollar terms are the lowest in the region, they are also the ones that have grown the most over the past two-and-a-half years, whether you factor in the official dollar or the MEP. From May 2020 to December 2022, there is a Increase in the average salary required by 36.2% in official dollars and by 20.1% in MEPs’ dollars.
In Panama, Ecuador and Chile wages remain stable, with increases of 1.2%, 0.5% and 0.4% respectively. In Peru, there is a 3.1% drop in required wages in dollars due to the devaluation of the local currency.
The salary in Argentina was the one that had the largest annual increase: 23.4% in MEPs’ dollars and 22.4% in official dollars. AS, due to inflation and exchange rate lagthe desired remuneration in the country continues to grow above the wages in the region: the annual increase in Peru is 12.5%, in Panama 1.3% and in Ecuador and Chile there were declines of 0 respectively .8% and 1.2%.
In Technology and Systems, one of the leading sectors in Argentina and where there is the greatest opportunity to work from the country abroad, the salaries required for junior positions are US $1,098 in Chile; US$825 in Panama; USD 494 in Peru, USD 577 in Ecuador and USD 492 MEPs in Argentina.
For senior or semi-senior positions, the top-paying Chile (US$1,450 target salary) followed by Panama (US$1,182), Peru (US$1,005), Ecuador (US$982), and Argentina (US$982). US$1,005). MEP).
In the boss or supervisor categories, the top remuneration is once again in Chile (US$1,886) and Argentina is in second-to-last place, at US$1,638, above Ecuador (US$1,430).
Source: Clarin
