The pandemic split in two the reality behind the way in which both companies and employees see jobs and their compensation.
(Countries where salaries are paid in cryptocurrencies).
Although at the beginning, two years ago, it directly affected job openings, which led countries like Colombia to see a 10-year delay in progress in employment, today, it is possible to see how the labor market evolved.
How did the industries behave? Is it time to change jobs and expect a significant increase in salary compensation? Will the country continue to grow, or will it slow down? How much can you expect in terms of salary according to your professional profile?
Those are the central themes that Pay Balance 2022 by Show Me The Money, the salary studies platform, has wanted to cover after two years of global crisis.
This report is intended to be the most up-to-date snapshot of market wages for Argentina, Brazil, Chile, Colombia, and Peru.
(What managers of companies in Colombia and Latin America earn).
In the analysis, Murilo Arruda, CEO and founder of Show Me The Moneystates that there are new behaviors in the labor market that have changed the paradigm of salary compensation.
“There are relevant changes in remuneration and forms of work that are here to stay. An example is the hybrid and asynchronous work that has become the main axis of the most requested benefits”.
In the case of Colombia, the report presents the way in which the country has faced its labor situation, beyond the health situation, and predicts a gradual pace of growth for the country.
“For this 2022, a slowdown in domestic consumption is expected in the short term, which would be offset by the reactivation of investment in infrastructure works. Although we are optimistic, we must consider that this is an electoral year, which has always slowed down investments while waiting for the definition of the new authorities and the policies that they will implement”, explained Alfonso Ochoa, Country Manager of DNA Human Capital.
(Crypto salaries: the new way of paying salaries is a reality).
For his part, he advises being cautious with labor movements during the year.
“The changes in employment that we see in the market are due to salary increases of between 10% and 15%, well below the 30% for which they did it before, without considering that the companies have adjusted their salaries downward. Although there are no salary reductions in companies, when making new hires they seek to obtain a significant reduction, between 15% and 20% compared to what was paid before “explained the Country Manager of DNA Human Capital.
REMUNERATION BY AREAS AND PROFESSIONAL ROLES
FINANCE
According to the report, an SSR Analyst (Junior, Semi-senior and Senior), in a small company, earns on average a minimum of $973,263 and a maximum of $2.711233, in the year $27,081,046; in a medium-sized company he earns a minimum of $1,323,464 and a maximum of $3,686,793, in the year $35,786,471; and in a large company, a minimum of $1,881,298 and a maximum of $5,140,760, with a variable of 05, which is equivalent to an annual profit of $54,216,670.
On the other hand, a managerial position in a small company earns a minimum of $3,880,061 and a maximum of $16,813,597, with a variable of 1.0, and in the year an average of $152,777,394; in a medium-sized company he earns a minimum of $5,281,989 and a maximum of $22,888,621, with variables of 2.0 and $190,433,327 in the year; and in a large company a minimum of $7,214,510 and a maximum of $31,262,876, with a variable of 3.3, earning $283,330,975 in the year.
HUMAN RESOURCES
An SSR Analyst, in a small company, earns a minimum of $1,167,565 and a maximum of $3,252,503, in the year $32,178,092; in a medium-sized company he earns a minimum of $1,570,325 and a maximum of $4,374,478, in the year $42,461,599; and in a large company a minimum of $2,126,514 and a maximum of $5,923,859, with a variable of .05, earning $61,867,116 in the year.
On the other hand, a managerial position in a small company earns a minimum of $2,646,353 and a maximum of $9,127,218, with a variable of 0.5, and in the year an average of $84,700,586; in a medium-sized company he earns a minimum of $3,523,165 and a maximum of $12,151,326, with variables of 1.0 and $118,906,832 in the year; and in a large company a minimum of $5,030,083 and a maximum of $17,348,654, with a variable of 1.0, earning $166,547,077 in the year.
MARKETING
An SSR Analyst, in a small company, earns a minimum of $1,142,877 and a maximum of $3,183,730, in the year $31,497,701; in a medium-sized company he earns a minimum of $1,358,486 and a maximum of $3,784,353, in the year $37,799,868; and in a large company a minimum of $1,922,173 and a maximum of $5,354,624, with a variable of .05, earning $54,867,052 in the year.
On the other hand, a managerial position in a small company earns a minimum of $4,244,549 and a maximum of $18,393,045, with a variable of 1.0, and in the year an average of $168,720,814; in a medium-sized company he earns a minimum of $5,208,140 and a maximum of $22,568,606, with a variable of 2.0 and in the year $191,399,140; and in a large company a minimum of $7,555,713 and a maximum of $32,741,421, with a variable of 3.3, earning $296,730,825 in the year.
INFORMATION TECHNOLOGY
SSR Analysts in small companies earn a minimum of $1,194,032 and a maximum of $3,326,232, annually $32,907,522; in medium-sized companies they earn a minimum of $1,847,920 and a maximum of $5,147,777, with a variable of 0.5, earning $53,245,169 in the year; and in a large company a minimum of $2,476,854 and a maximum of $6,899,806, with a variable of 1.0, earning $73,841,195 in the year.
At the extreme, a CIO in small businesses earns a minimum of $9,052,891 and a maximum of $3,326,232, annually $32,907,522; in medium-sized companies they earn a minimum of $13,119,448 and a maximum of $48,729,378, with a variable of 4.0, earning $566,860,108 in the year; and in a large company a minimum of $17,902,699 and a maximum of $66,495,738, with a variable of 5.0, earning $829,632,367 in the year.
ENGINEERING
An SSR Analyst, in a small company, earns a minimum of $1,673,681 and a maximum of $4,662,397, in the year $47,900,753; in a medium-sized company he earns a minimum of $2,066,322 and a maximum of $5,756,184, in the year $59,696,055; and in a large company a minimum of $2,815,009 and a maximum of $7,841,811, with a variable of 0.5, earning $83,442,898 in the year.
For its part, a managerial position in a small company earns a minimum of $3,158,736 and a maximum of $10,894,416, with a variable of 0.5, and an average of $107,017,009 in the year; in a medium-sized company, he earns a minimum of $3,890,315 and a maximum of $13,417,616, with variables of 1.0 and $135,073,319 in the year; and in a large company a minimum of $5,344,209 and a maximum of $18,432,067, with a variable of 1.0, earning $165,378,177 in the year.
C-LEVEL
A General Manager, in a small company, earns a minimum of $11,350,417 and a maximum of $31,619,019, with a variable of 2.0 and earning an average of $330,978,163 during the year; in a medium-sized company he earns a minimum of $14,908,587 and a maximum of $41,531,064, in the year $457,201,112 with a variable of 3.0; and in a large company a minimum of $21,704,430 and a maximum of $60,462,340, with a variable of 0.4, earning $716,618,252 in the year.
For his part, a CEO in a small company earns a minimum of $14,682,440 and a maximum of $40,901,084, with a variable of 0.3, and an average of $450,265,872 in the year; in a medium-sized company he earns a minimum of $20,144,602 and a maximum of $56,117,106, with a variable of 4.0 and in the year $658,958,714; and in a large company a minimum of $28,403,964 and a maximum of $79,125,329, with a variable of 5.0, earning $977,978,924 in the year.
BRIEFCASE
