Comparison Tool

Comparison Tool

Report Download

Report Download

Compare Country Results

Compare Country Results
Countries

Overall score

Score by Indicator

5.2
in 2016 4.7
0 2.5 5 7.5 10

Key drivers

Talent mismatch

The rate of unfilled vacancies fell to low levels relative to the past, suggesting businesses are finding it easier to find and retain employees with the right skills.

Wage pressure in high-skill industries

Fast wage growth in lower-skilled industries, including fishing and hospitality, outstripped that in high-skill ones, narrowing the spread of wages across industries.

Wage pressure in high-skill occupations

The most highly-skilled occupations witnessed fast wage growth, increasing occupational wage dispersion in Chile.

COMPARISON TOOL

Select a country to compare with Chile:

COUNTRY OVERVIEW

Ground View

Luis Fernando, Regional Director, Hays Chile

We have seen a softening and inconsistency in GDP growth versus the recent historic trends in Chile. As a consequence. There has been a spike in unemployment leading to a particular availability of skilled talent. However, with the completion of successful Presidential elections and an improved global backdrop, more certainty is already being felt. We anticipate that 2018 will see an improved environment with many businesses restarting and beginning major projects. As this happens, we expect the availability of talent to quickly diminish with a material impact on salaries. Therefore early movers will benefit from talent attraction at a competitive level.

Luis Fernando, Regional Director, Hays Chile

Country Profile

Economic growth in Chile in 2016 was well below the average for the last five years, limiting employers’ need to expand. Still, there are some signs of labour market pressures in high-skill occupations and Chile’s higher score in the Hays Global Skills Index this year reflects this.

Looking to the future, Chile’s low rates of female participation in the labour market, at 58 per cent, could result in talent shortages. Chile also has the second-highest rate of temporary employment (29 per cent) among countries featured in the Index. Temporary contracts can provide flexibility for employers but may also limit their incentive to invest in their employees and at such a high percentage this has the potential to damage the talent pipeline in the future.

Key skills in demand

  • Sales professionals
  • Senior controllers
  • Developers
  • Site managers
  • Logistics & operations professionals

News and Press Materials

Luis Fernando, Regional Director, Hays Chile