Competitive Labor Market Makes IT Talent Retention Difficult

Mexican companies are getting creative with retention incentives as IT talent turnover reaches a new high. Meanwhile, industry leaders consider the impact of quiet quitting, fatigue detection and interdisciplinary collaboration. 

In international news, a concerted investment in girls in Latin America stands to make the greatest impact on the region’s economic productivity. 

This week in Talent news and developments: 

Mexico

Mexico Reports Highest Rate of IT Talent Turnover 

Job dissatisfaction and a highly competitive labor market are at the center of Mexico’s high IT talent turnover, according to Mercer Digital Positions Survey. This is despite concerted efforts by companies to fortify their retention programs and explore additional mechanisms to augment IT retention. 

Industry 

Quiet Action or Is the Labor Market Not Listening?

Collaborators’ willingness to defer to quiet quitting indicates that “traditional tactics used to build a lively, inclusive and social workplace culture are simply not cutting it,” wrote Alejandro Paz, Country Manager, Robert Walters. To disrupt this practice, and secure their organizations continued growth into 2023, company leaders need to address key grievances. 

Fatigue Prediction Saves Lives, Increases Productivity

“The science is clear: when someone fatigued performs complex or dangerous work, there is a high accident rate and productivity remains low,” said Fatigue Science executives, Andrew Morden and Rafael Echavarria. In high-risk industries like mining and transportation, tracking fatigue is essential for preventing accidents and increasing productivity, they added. 

Five Ideas for Organizations from Michael Sandel's Thinking

In a period characterized by disruption and uncertainty, only the companies with the routine practice of interdisciplinary collaboration will be able to develop. Fomenting this capacity is necessary for companies to question, pivot and adapt to a rapidly evolving economy, said Francisco Ruiz Martinez, Knowledge Management Manager, Tecnatom. 

International

From Invisible to Invincible: The Right Investment for Latin America

The targeted education of girls in Latin America can lead to its most relevant and impactful transformation, according to a study by Global Edtech Impact Alliance SA de CV. “Solving this challenge would have lasting positive social, economic and environmental repercussions that would create a sustainable environment for growth and peace,” wrote Fernando Valenzuela Migoya, President, by Global Edtech Impact Alliance SA de CV.