Argentina: digital sector initiatives to retain young talent

Economic crisis aside, Argentina’s digital companies are struggling to hold onto young talent and are developing policies to try and attract them. Against a backdrop of a labor market known for being informal (more than a third of employment is not officially registered) and economic problems linked to rampant inflation, digital-sector companies are implementing the country’s most innovative HR policies. Two Argentine digital-companies, Globant and Q4Tech, each with different profiles, explain the measures they have taken.
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“The digital industry is facing up to significant worker volatility. The youngest generations are looking for more than just salaries, they are seeking challenges, top flight teams, goals, autonomy, and flexibility,” remarked Francisco Michref, sustainability manager at Globant, a software development company and big name in Argentina’s digital sector with operations in 12 countries including Spain, the UK, Luxemburg, and India, and which employs 6,700. “Even with an extremely challenging economic picture, the IT sector is at full employment and it is very difficult to hire talent.

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