Technology professionals are among the most in-demand employees worldwide, and the war for such talent continues to heat up. Banks in Latin America are no strangers to the highly competitive search for quality candidates. Sixty-five percent of banks and financial services companies in Mexico, for example, reported talent shortages in 2022, according to recruitment agency Manpower Group.
And while 20 years ago there was the expectation that people would work for one company until retirement, today the career journey of each individual follows a less linear path. In addition, banks are experiencing difficulties when trying to find talent with different skill sets to those they looked for in the past.