New Opportunities, Benefits for Mexican TalentBy Cinthya Alaniz Salazar | Wed, 06/15/2022 - 18:08
In Mexico, domestic talent is seeing an increasing amount of opportunities and benefits thanks to the growing nearshoring efforts from US companies and domestic policy changes.
In international news, state representatives and agency leaders outlined labor program expansions and developments at the Summit of The Americas.
This week in Talent news and developments:
The work-from-anywhere digital model and scarce talent pool has served to open the US market economy to Mexican talent in search of better employment opportunities. This trend has been mainly driven by US technology companies.
“The number of Hispanics in skilled and higher-paid jobs has increased by almost 5 percent in the past decade in the US. While manufacturing in Mexico continues to be a cost-effective strategy, other industries, especially tech, are recognizing the benefits of hiring highly-skilled talent from across the border,” said Alberto Villarreal, Managing Director, Nepanoa LLC.
Ensuring social protection for all workers is one of the challenges that must be urgently tackled by modern economies. Mexico’s Institute for Social Security (IMSS) strives to meet this objective, successfully extending benefits to self-employed workers, including journalists. The recently-launched proposal aims to regularize the employment of Mexico’s over 6,000 independent journalists who do not have access to minimum healthcare, occupational risk or retirement services.
Self-employed journalists are a highly vulnerable group in the country, as Mexico is the deadliest country for journalists, according to the Committee to Protect Journalists. Many journalists face daily threats linked both to organized crime groups and to government officials.
Human Resources (HR) teams have been working harder to make sure their workforce is not experiencing exhaustion, anxiety or burnout, all while keeping track of remote employees’ progress under new working modalities. After two years, all of this cumulative work is now reportedly causing burnout among HR leaders.
The reconceptualization of work models has found that a human-centered approach should be a fundamental practice of talent strategy development. Understanding and developing incentives around the needs of employees is key to circumventing turnover and improving retention.
State representatives and agency leaders outlined labor program expansions and developments at the Summit of The Americas aimed at creating formal employment opportunities as a means of reducing irregular migration.