Revenge of the nerds.
The study, entitled 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. And the study reveals that IT executives generally reach the pinnacle 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."
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.
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|Title Annotation:||Human Resources|
|Article Type:||Brief Article|
|Date:||Dec 1, 2005|
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