Image credits: Elisa Ventur
/
Weekly Roundups

Job Creation, Labor Bias: The Week in Talent

By Cinthya Alaniz Salazar | Thu, 01/13/2022 - 18:02

The sustained interest of international companies promises to continue generating formal employment in Mexico. Meanwhile, a “salary-on-demand” solution aims to provide employees with the liquidity they need to remain out of debt and reduce their dependence on credit.

In other news, the pandemic placed a disproportionate pressure on women to carry household tasks even as their own work hours increased. In the US, Latinos face sustained bias resulting in the loss of US$288 billion in income.

 

Here is your weekly Talent briefing:

 

Mexico

Intentionally Drifting to Mexico’s Hot Market

Over the course of 2022, B2B commerce and marketing company Drift plans to grow its workforce from 40 employees to at least 100 to seize the market opportunities of one of the fastest growing markets, announced the company in a press release.

 

Industry Trends

Castor: Helping Customers Access, Save Their Paycheck

Castor’s salary-on-demand services are built around giving employees the ability to meet daily expenses and save for the future, said CEO Diego Villarreal.

“It provides employees with access to funds to go through their daily life without having to depend on credit products, which could easily plunge them into debt, or on loans that might charge higher interest rates.”

 

The Impact of the Pandemic on Working Parents

Most parents increased their working hours, housework and childcare during the COVID-19 pandemic but women were hit the hardest, writes expert contributor Regina Cabal, Co-Founder and Director, Momlancers.

“While the COVID-19 pandemic revealed that most Mexican families increased their working hours, housework and childcare, the burden felt disproportionately on women.”

 

Business Considerations for 2022

The needs of employees, cybersecurity and ESG practices lead the pack of trends to watch out for in the new year, wrote Ana Paula Jiménez, Senior Partner, PWC.

“Centering on people and encouraging their development through technology–by implementing hybrid models to stay productive, offering new ways of working and collaborating, or creating better opportunities to have a positive impact–have been some of the most significant changes in the current social and business climate.”

 

International

The US Latino Community is the Economic Engine America Needs

First of its kind McKinsey report highlights the strengths–and lack of equity–of the Latino population in the US, explains Marina Cigarini.

“Latinos’ total annual wages could be $288 billion higher if they were paid equally and if their representation in well-paying jobs matched their labor force participation.”

Photo by:   Elisa Ventur
Cinthya Alaniz Salazar Cinthya Alaniz Salazar Journalist & Industry Analyst