Argentina has the lowest average salary in the region

Over the past two years, the average wage expected in Argentina has been the largest compared to other countries in the region. however, is the lowest in Latin America, with US $ 632 (MEP) per month according to follows from a Jobint regional report on the labor market. jobint is a new HR tech which brings together more than 10 top personal recruitment brands in the region, including Bumeran, Zonajobs, Hiring Room and Selecta, among others.

Jobint’s study was made from data from its classified sites on Argentina, Chile, Ecuador, Panama and Peru. To compare data from different countries, wages were converted to dollars. In the case of Argentina, they are considered according to the official dollar and the MEP dollars (financially) to get a “more realistic perspective,” they explained to the company. April data shows that the highest average salary in the region is the Chilean with US $ 1,138 per month. They are followed by the Panamanian with US $ 1,037 per month, the Ecuadorian with US $ 808 and the Peruvian with US $ 803 per month. In last place, the Argentine is found at US $ 632 according to the MEP dollar.

So far this year, the average salary in Argentina continues to grow than in other countries in the region: 24.4% in MEP dollars and 12.1% in official dollars. In Peru it is 9.8%, in Chile 7.6%and in Panama 1.3%. In Ecuador a decrease of 1.1% was registered.

As Federico Barni, CEO of Jobint, explained during the job presentation, the labor context in Argentina today is marked by “some recovery at the level of employment, although not real job creation,” he featured. high staff turnover due to lack of talent, described.

The study examined salaries in three major sectors such as Technology and Systems, Administration and Finance, and Production, supply and Logistics.

When analyzing job searches by gender, the company found that, at the local level, total applicants 54% are women, seeking a salary that is 24.8% lower than men, and define the largest gender gap in the region. Probably because they mostly apply (52%) to the most junior positions and only 26% to boss and supervisor positions. While men are more running for higher positions.

The second country with the largest gender gap in expected salary is Chile with 17.2%. The third, Peru with 10.2%; the fourth, Ecuador with 5.6%; and the fifth, Panama with 1.3%.

Regarding the start of a career in labor, the study taught that Argentina is the country where more young people are looking for work before the end of their career. Meaning, the first job advertisements, those that do not require work experience, receive more applications than usual for the entire region: 2.25 times more than the market average. Peru has 1.89 more applications, Panama 1.43 and Chile 1.11. Meanwhile, Ecuador has the same number of initial job applications as the market average.

doWhat is the average age of first job applicants? In the region, they have an average age of 23 years. The highest average age recorded was in Panama with 24 years, and the youngest is in Argentina at 21 years old.

Jobint has three business units: the classifieds portals, the Hiring Room recruitment and search management software, and the technology platform applied to talent selection Selecta and Staffing.

Its online classifieds have more than 70,000 active job offers, 10 million visits per month, 20,000 companies that dive into the data and its presence in seven countries. The company was created just after the split of the Navent group and has a Riverwood investment fund behind it. It also brings together leading brands in the sector such as Bumeran (Argentina), Zonajobs (Argentina), Bumeran (Peru), Laborum (Chile), Multitrabajos (Ecuador) and Konzerta (Panama).