WEDNESDAY 12:00 PM BANDA SEA
Concurrent Session: Trends and Opportunities
Trends and Opportunities in Latin American Staffing Markets (session conducted in Spanish and English)
Moderator: Martin Padulla, Managing Director, Staffingamericalatina Panelists: Andrés Cardemil, CEO & Founder, Human Net Edmundo Escobar, President, Rolling Personnel Eugenio Micheletti, Director, Emerging Staffing Brokers Damián Wachowicz, Director, Bayton
Sponsored by:
March 16‐19, 2015 Orlando, FL
DIGITAL SURVEYS
Don’t forget to provide feedback Trends and Opportunities in Latin American Staffing Markets
Rate this session by accessing the evaluation from your Conference Mobile Community OR tap the iPad screen as you exit. March 16‐19, 2015 Orlando, FL
Trends and Opportunities in Latin American Staffing Markets
Martin Padulla Managing Director, staffingamericalatina
[email protected] www.staffingamericalatina.com
@staffingal staffingamericalatina
March 16‐19, 2015 Orlando, FL
March 16‐19, 2015 Orlando, FL
Latin America: Emerging Market
Bloomberg Business Most‐Promising Emerging and Frontier Markets Emerging Market: economy progressing towards becoming advanced, with some liquidity in local debt, equity markets and the existence of some form of market exchange and regulatory body. Frontier Market: sub‐set of emerging markets not under extreme economic and political instability, relatively open to investors, with small market capitalizations and/or low annual turnover and/or market restrictions.
Source: www.bloomberg.com
March 16‐19, 2015 Orlando, FL
Latin America: Emerging Market
Heritage Foundation 2015 Index of Economic Freedom Repressed Moderately Free Mostly Unfree Labor Freedom Mostly Free Latin America Score Rank Provides data on regulations concerning minimum wages; laws inhibiting Level of economic freedom using 10 factors grouped in 4 categories: Rule of Law, Colombia 81.7 20 layoffs; severance requirements; and measurable regulatory burdens on Limited Government, Regulatory Efficiency and Open Markets. World Average hiring, hours, etc. Chile 67 69 61.3
Source: www.heritage.org/index
Uruguay
64.3
75
Peru
63.4
87
Mexico
59.9
102
Costa Rica
54.6
121
Brazil
52.1
129
Ecuador
51.3
133
Guatemala
50.6
137
Argentina
43.3
159
Panama
41.5
167
Paraguay
26.3
178
Venezuela
24.2
180
Top 10 Average 93,2
March 16‐19, 2015 Orlando, FL
Latin America: Emerging Market
World Bank Group 2015 Doing Business Report Ranking of 189 economies that measures and compares business regulations and Central America Nº 69 Mexico Nº 39 their enforcement, based on ease of doing business. The higher the ease, the Venezuela Nº 182 better the business environment is for starting and operating a company. Colombia Nº 34 Ecuador Nº 115 Peru Nº 35
Very Easy
Brazil Nº 120
Easy Bolivia Nº 157 Chile Nº 41 Very Easy
Rather Difficult Difficult Very Difficult
Paraguay Nº 92 Uruguay Nº 82
Easy Rather Difficult
Argentina Nº 126
Difficult Very Difficult Source: www.doingbusiness.org
March 16‐19, 2015 Orlando, FL
Latin America: Emerging Market
Adecco Global Talent Competitive Index 2014
Central America Nº 49 Mexico Nº 60 Ranking of the ability of 90 countries to grow, attract and retain talent. Venezuela Nº 84 Colombia Nº 59 Ecuador Nº 67
Brazil Nº 49
Peru Nº 63 Bolivia Nº 81
Paraguay Nº 79
Chile Nº 27 Uruguay Nº 44
Argentina Nº 56
Source: www.adecco.com/industry‐insights/gtci.aspx
March 16‐19, 2015 Orlando, FL
Most Important Latin American Staffing Markets
BRAZIL
7 % of the global employment services revenue.
Staffing & Outsourcing market: 35.586 companies/2.5 million workers.
Top 10: 10% market share.
1.398 Staffing Firms / 613.000 temporary workers.
Entire market’s revenue: USD 35.4 billion.
Revenue agency work: USD 8.8 billion.
Penetration Rate: 0.6%.
March 16‐19, 2015 Orlando, FL
Most Important Latin American Staffing Markets
COLOMBIA
590 companies.
Top 10: 31% of market share.
600.000 temporary workers.
Turnover: USD 3.6 billion.
Penetration Rate: 3%.
March 16‐19, 2015 Orlando, FL
Most Important Latin American Staffing Markets
MEXICO
107 registered companies / 890 staffing companies.
137.000 formal temporary workers
The total turnover formal market: USD 1.4. Revenue entire market: USD 3.7 billion.
Penetration Rate: 0.3%.
March 16‐19, 2015 Orlando, FL
Most Important Latin American Staffing Markets
PERU
Over 100 Staffing & Outsourcing companies registered.
Top 10: 16% of market share.
75.000 temporary workers /175.000 outsourced workers.
Revenue Staffing & Outsourcing: USD 2.6 billion. Revenue staffing: USD 651 million.
Penetration Rate: 0.6%.
March 16‐19, 2015 Orlando, FL
Most Important Latin American Staffing Markets
ARGENTINA
79 Staffing Firms / 20 strong presence.
Top 10: 19% market share.
Revenue: USD 1.05 billion.
52.600 temporary workers 2014 / ‐25% drop compared to 2013
Penetration Rate: 0.4%
March 16‐19, 2015 Orlando, FL
Most Important Latin American Staffing Markets
CHILE
199 Staffing firms that provide Staffing & Outsourcing services.
Top 10: 16% of market share.
930.000 outsourced workers / 30.000 temporary workers
Revenue: USD 2.8 billion.
Penetration Rate: 0.5%.
March 16‐19, 2015 Orlando, FL
Trends & Opportunities
TRENDS OPPORTUNITIES Integrate solutions Informality Generate a portfolio of services to increase profit New generation: social pressure margin Specializations Employability / Training during transitions C. 181 / Private Employment Agencies Customized services Receptive Markets Strategic links Complementation and Integration Strategy
March 16‐19, 2015 Orlando, FL
Trends and Opportunities in Latin American Staffing Markets
Martin Padulla Managing Director, staffingamericalatina
[email protected] www.staffingamericalatina.com
@staffingal staffingamericalatina
March 16‐19, 2015 Orlando, FL
WEDNESDAY 1:00 PM PACIFICA 1‐6
Networking Lunch Sponsored by:
March 16‐19, 2015 Orlando, FL
