From the Chamber of Knowledge-Based Services Export Companies (Argencon) point out that this increase responds largely to the increase in the cost of services in dollars, which rose between 35% and 45%. “The increases in the level of exports did not respond to an increase in the volume of activity, but to the effect of the higher price in dollars of exported services. The relationship between the evolution of wages and that of the price of the official dollar is essential to establish the cost of production. Unfortunately, the Argentine macroeconomy presents a strong instability between these two variables, showing periods of strong “delay” of the dollar and consequent increase in the export price, with others of greater “acceleration” of the dollar, with the opposite effect ” , they explained from Argencon.
Nevertheless, the main concern is the lack of labor. The specific objective pursued by companies is that more young people are trained in sectors of the Knowledge Economy. “We have managed to impact politics, we need to impact society so that the boys choose these careers,” he said. Luis Galeazziexecutive director of Argencon, and added: “Argentina has a powerful source of education, enough to generate an ecosystem.”
According to Galeazzithe local ecosystem also has an expansive potential: “There are multinationals based in Argentina” In this area, he highlights and adds that many of the companies that are born do so thinking of internationalizing.
Added to its situation as a foreign exchange generator is that demands a few dollars: The sector is not a big importer, except for some equipment. During the last semester, it imported just US$738 million.
In a scenario like the local, this gives them another advantage. Veronica AslaChief Operations Officer of EY Global Services, highlighted that the sector does not face difficulties when it comes to importing supplies: “We have not yet had any problems with our suppliers.”
But companies dedicated to the Knowledge Economy not enough to cover the need for jobs that the activity demands. It is that a difficulty is added that adds stress to the search for professionals, which is the flight to informal sectors of workers seeking individual contracts for foreign companies, avoiding recording the income of foreign currency, in addition to the corresponding contributions for cases of formal employment.
In summary, the turnover of workers in companies in this category is high (around 30% against 15% in the rest of the world) because the professionals looking for foreign contractsand the supply of labor to replace those who left is scarce and with less training.
The migration of professionals to freelance abroad also means that companies lose training capacitysince the most qualified are the most demanded and those who receive the best salaries.
Among the factors that promote this migration is the currency gapwhich makes the salaries received for working abroad more tempting than internal ones, despite salary increases in the local market above inflation that, as they pointed out, reached in some cases up to 90%, in order to retain to the workers.
Despite this trend, in the fourth quarter of 2021 employment in this area totaled 465 thousand jobs, its all-time high and the equivalent of 7.35% of all registered workers, according to data from the Employment Observatory and Business Dynamics of the Ministry of Labor (OEDE). From Argencon they added a fact: They estimate that 200,000 more people are dedicated to selling their services abroad in the sector, which is equivalent to almost 50% of formal employment in the sector.
Knowledge Economy: what problems do you see in the sector
As far as training is concerned, Victoria PennaccaProject Leader of Argencon highlighted several difficulties of the educational system, beyond technical capacities, among which the poor overall performance in primary education and in areas such as math in secondary school.
On that basis it is established that only 23.2% of those entering university courses chose science or technology courses.
Another element that they find worrying is the low level of language teaching. Not only because of the usefulness when it comes to selling exportable services, with the necessary dealings with foreign clients, but especially because of the reasoning structures and cognitive exercise that they provide to professionals.
Knowledge Economy: what is being done
Despite the detailed scenario, from Argencon the initiatives that are promoted by the State, NGOs and different training spaces stand out to train in new technologies, and they underline in particular that the “most fruitful spaces are where there was integration of actors”. Among the examples they highlighted for the promotion of training, they emphasized three:
- On the one hand, the technological pole that emerged in Tandil thanks to the support of the Universidad del Centro, together with the Business Chamber of the Tandil Information Center (CEPIT) and different levels of government, highlighting the municipal one that in 2015 launched the Strategic Plan for Software and Biotechnology.
- Secondly bush, a company that provides quality assurance services for software, data and interactions to small, medium and large companies and governments. The company is also responsible for generating a first job for young people who come from fragile socioeconomic contexts. Nahual IT, another of the Njambre company programs, is in charge of training young people and offering them their first job opportunity in the field.
- Lastly, they pointed out Argentina Program 4.0 and collaboration with the national government. They pointed out that, unlike the 111 thousand program launched in 2017, this program has more providers throughout the country, which allows it to have a greater scope, with a greater diversity of proposals.
Source: Ambito
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