Building Up Mexico’s Formal Labor Market

As Mexico approaches a post-pandemic reality, public and private institutions are presented with an opportunity to build up the county’s formal labor market. Industry experts share the initiatives that have allowed them to grow their professional teams even amid the Great Resignation.

In international news, talent mobility was highlighted as a global business at the World Expo Dubai 2020.

This is your weekly Talent briefing!

Mexico

Mexico Must Unite to Fight Labor Informality

Private and public sectors must work together to grow formality and boost Mexico’s labor sector, says COPARMEX’s Héctor Márquez Pitol.

“Many formal employers are unable to cover all their vacant posts. The problem lies in wages. Low salaries are a cancer for labor in Mexico,” said Pitol.

Industry

Prioritizing the Health of Your Associates Is Great Business

Even after a return to ‘normality,’ offering comprehensive health services for employees will bring long-lasting benefits, writes Javier Cardona, CEO, 1DOC3.

 “Companies that want to be leaders in their profession will have to think about, motivate and implement actions in which health and well-being are at the forefront, regardless of the sector in which they operate,” said Cardona.

Emerging From the Great Resignation Unscathed

Víctor Velázquez, People Vice President, Clip, says labor initiatives and investment in employees helped the company emerge from the Great Resignation unscathed.

“Our employee value commitment proposition rests on six main pillars that aim to create a work environment that nurtures the individual talents of our employees while creating social good,” said Velázquez.

PeopleOPTI: Professionalizing, Optimizing Talent Decision-Making

Being strategic means seeing people as an asset. It is key to determining the ROI from your talent, says PeopleOPTI’s Federico Barcos.

“With data, we can see people analytics as a means to achieve a particular goal and that is very powerful. People are the most important asset that any company can have,” said Barcos.

Crema: Transforming Freelancers’ Transactions

Crema is a payroll and payments solution for freelancers that helps them focus on what they do best instead of worrying about getting paid, said Christian Jacobsen, CEO & Co-Founder.

 “With our platform, contracts are created automatically based on the outlined deliverables and schedules, so the freelancer remains in control of the situation,” said Jacobsen.