Global Headhunting & Recruitment Solutions in Argentina
Why create a global recruitment strategy?
Creating a global recruitment strategy is essential for organizations that want to attract and retain the best talent from around the world. Here are some key reasons why:
1. Access to a larger talent pool: By casting a wider net and looking beyond local talent, organizations can tap into a larger, more diverse pool of candidates with a wider range of skills, experiences, and perspectives.
2. Cost savings: Hiring local talent may be less expensive in the short term, but in the long run, it can limit a company’s ability to scale globally. By creating a global recruitment strategy, companies can identify and leverage cost-effective hiring practices across different regions, which can help to reduce overall recruitment costs.
3. Better alignment with business goals: A global recruitment strategy can help ensure that hiring decisions are aligned with the company’s overall business strategy and objectives. By taking a more holistic approach to recruitment, organizations can ensure that they are hiring candidates with the skills, experience, and cultural fit that will help drive their business forward.
4. Improved employer branding: By positioning themselves as a global employer of choice, organizations can attract top talent and differentiate themselves from competitors. A strong employer brand can also help to reduce recruitment costs and improve employee retention rates.
Why hire talents in Argentina?
There are several reasons why a company might choose to hire talented professionals in Argentina:
Skilled workforce: Argentina has a well-educated and skilled workforce with a high level of technical proficiency. The country is home to many universities and technical institutes that produce graduates in various fields.
Cost-effectiveness: The cost of labor in Argentina is relatively lower than other developed countries, making it an attractive destination for companies looking to save on costs.
Strategic location: Argentina is strategically located in South America, with easy access to other markets in the region. This makes it an ideal location for companies looking to expand their operations in the region.
Strong work ethic: Argentinians are known for their strong work ethic and dedication to their jobs. This makes them valuable employees who can contribute to the success of a company.
Cultural fit: Argentinians have a similar cultural background to many Western countries, making it easier for companies to integrate them into their work culture.
How much does it cost to hire talent in Argentina?
The cost of hiring talent in Argentina can vary depending on several factors such as the industry, location, level of experience, and specific job requirements. However, generally speaking, the cost of hiring talent in Argentina is lower compared to other developed countries.
According to PayScale, the average salary for a professional in Argentina is around ARS 1.1 million (approximately USD 11,800) per year. However, this can vary widely depending on the industry and job position. For example, a senior software engineer can earn between ARS 2.5 million and ARS 3.5 million (approximately USD 27,000 to USD 38,000) per year whereas a basic-level employee in Argentina will earn around ARS 479,000 (approximately USD 5,150) per year.
Employee labor laws in Argentina
Working Hours in Argentina
In Argentina, the standard working week is 48 hours, which is divided into six working days of 8 hours each. However, there are some exceptions to this rule. For example, some industries and professions may have a shorter working week, such as 40 hours or even less. In addition, Argentine labor law mandates that employees are entitled to a minimum of one day off per week.
Minimum wage
The minimum wage in Argentina is set by the government and is adjusted periodically to account for inflation and other economic factors. As of February 2023, the current minimum wage in Argentina is ARS 33,000 (approximately USD 353) per month. It’s important to note that the minimum wage in Argentina is calculated on a monthly basis, not an hourly basis.
General taxation
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Type of Tax
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Rate
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Description
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|---|---|---|
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Personal Income Tax
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Progressive rates up to 35%
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Levied on income earned by individuals, with higher rates for higher income brackets
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Corporate Income Tax
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30%
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Levied on income earned by corporations
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Gross Receipts Tax
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1-5%
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Levied on gross revenues earned by businesses, with rates varying by province
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Social Security Contributions
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17%
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Levied on wages and salaries paid to employees, with employers and employees sharing the cost
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Hire the best talent in Argentina with EER Global
EER Global adopts a customized and professional approach to locating the most suitable talent for your company. By carefully assessing and identifying the perfect candidate for your specific role, they can save you time and resources that would have otherwise been wasted on hiring the wrong person.
With our vast network and industry expertise, they can link you up with exceptional candidates in the job market, enabling you to fill your positions quickly and effectively. Additionally, they can offer valuable insights and recommendations on the recruitment process, empowering you to make informed decisions that align with your business objectives. If you are planning to recruit in Argentina, do not hesitate to get in touch with EER Global’s dedicated team of professionals for further details.
