Colombia is making its way into Latin America as one of the promising markets for stem racing, although there are still challenges and social barriers to be faced.
Currently, according to the document, there are more than 70,000 Stem professionals in the region, where Brazil (30,942) and Mexico (13,424), the two largest Latin American economies, have larger numbers of these professionals.
Argentina ranks third with 10,307 professionals, followed by Colombia with 7,486 people. The study specifies that the four countries agree that they are places “with very high recruitment demand”.
However, The distribution of these professionals by gender in the region shows an imbalance in women, it is therefore one of the social gaps that the sector must work on at the rate of its growth.
In Colombia, only 17% of professionals are women, against 83% of men.
“We have a huge opportunity today and companies need more women with tech skills. Let’s start breaking that (stigma) down which will help us get more women to start applying to this type of career where professionals are in high demand.“said Germán Borromei, President of Oracle for Colombia and Ecuador, during his participation in the LR Forum.
It is worth noting that the study also provides an analysis of labor market compensation for tribal careers, where Due to the revaluation of the currencies of Colombia, Mexico, Brazil and Peru against the dollar, wage competitiveness improved in 2023.
“At the start of the year, a technology professional with a dollar salary earned on average almost 11% more than they do now. This percentage increases even more when analyzed in countries such as Colombia, which already accumulates a positive deviation of 19.26% against the dollar.“, highlighted the text.
Daniel Camacho, IT director at Michael Page, mentioned that currency revaluation “hturned its gaze again to the opportunities of the local Latin American market“.
On the other hand, segmented by industry, The energy and natural resources sector dominates the demand for hiring these professionals in the country with 28%. This is followed by technology and telecommunications (22%) and finance (13%).