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Revenge of the nerds.

If the lessons of 80s films hold true, computer nerds 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 a new study conducted by Mercer Human Resource Consulting.

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."

--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.

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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