Argentina’s IT companies are finding fewer professionals to hire, as foreign firms continue to tap into the country’s tech talent pool, making the most of the rising trend of remote work.
Teleworking has transformed the Argentinean labor market, said global HR firm Randstad, confirming that the South American country is suffering from a brain drain.
“Today, our IT (computer science and technology) professionals have the possibility of choosing to work for literally any company anywhere in the world,” stated Randstad in a report assessing the impact of remote working in Argentina.
The post-COVID remote working trend blew open the cover that kept Argentina’s tech workers away from international exposure for years. With their national currency continuing to lose value against the US dollar, IT professionals are increasingly choosing foreign employers over domestic ones.
The HR firm advised domestic firms to accelerate tech training programs as quickly as they can, warning that remote working trends will remain for many more years to come.
According to the report, Argentina has a large number of technology graduates willing to work as support analysts and junior software developers. However, the country is facing an acute shortage of senior software developers and IT project managers.
Unfortunately, foreign firms are not looking for junior or inexperienced tech workers. Nor are they looking for those who can provide technical support and software testing services.