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Revenge of the nerds.


If the lessons of 80s films hold true, computer nerds computer nerd - computer geek  get cool sometime between high school and age 30. Computer nerds who become Information Technology (IT) executives in Mexico are likely to get wealthy around the same time, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 a new study conducted by Mercer Human Resource Consulting Mercer Human Resource Consulting is a human resource consulting firm that publishes the oft-quoted "Worldwide Cost of Living Survey." External links
  • The Worldwide Cost of Living Survey
.

The study, entitled en·ti·tle  
tr.v. en·ti·tled, en·ti·tling, en·ti·tles
1. To give a name or title to.

2. To furnish with a right or claim to something:
 Global Pay Trends--IT Function, surveyed 5,300 companies worldwide. It proves that Mexico is kind to IT geeks: Mexico ranks second among countries with the highest salary differential between upper-level and lower-level employees in the IT sector. Mexican IT execs are paid an average of US$110,766 a month, more than in any other country in Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. . And the study reveals that IT executives generally reach the pinnacle pinnacle (pĭn`ĭkəl), minor architectural motif of vertical tapering shape, usually crowning a pier, buttress, or gable. Although sometimes it appears in Renaissance design, as in the Certosa di Pavia, it is almost exclusively a medieval  of their careers at a younger age than peers in other industries.

The study demonstrates Mexico's dearth of high-level managerial talent. Alberto Mondelli, Mercer's executive director of Human Capital for Latin America, attributes the findings to a high demand for a low number of executive and mid-level employees in Mexico's IT industry: "The few that there are must be paid bigger salaries to stay."

--J.C.
BIG MONEY

SALARY DIFFERENTIAL BETWEEN HIGH- AND LOW-LEVEL IT POSTS

Brazil         451%
Mexico         410%
Argentina      400%
Venezuela      351%
United States  240%
Germany        219%
Switzerland    202%
Japan          174%

Source: Mercer Human Resource Consulting.
COPYRIGHT 2005 American Chamber of Commerce of Mexico A.C.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Title Annotation:Human Resources
Author:Cooke, Julia
Publication:Business Mexico
Article Type:Brief Article
Geographic Code:1MEX
Date:Dec 1, 2005
Words:220
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