The Worrying Shortage of Talent

Among the professionals most required by companies in Guatemala, but the most difficult to find, are computer technicians, engineers in mining and construction, and professionals with doctorates in coffee and other agricultural products.

Friday, February 9, 2018

The study entitled "Talent Gaps 2017", prepared by the Foundation for the Development of Guatemala (Fundesa), details that the academic profile required by employers can be summarized by the fact that 65% of companies need staff with qualifications, 68% of employees with a technical level, and 75% of companies require professionals with a bachelor's degree.

From a statement issued by Fundesa:

The Talent Gaps Study is an effort to foster cooperation between private sector companies and academia. Information is generated to align the needs of the productive sector with technical and university training programs, with the aim of better preparing the people who will enter the labor market. 

The most needed and difficult to find academic levels for each of the surveyed clusters are the following:

Light Manufacturing

Certified technicians:
TICs, Software and Contact Center
Financial services
Processed foods
Forestry, furniture, paper and rubber

Bachelor's of Arts and Sciences:
Mines and quarries
Transport and logistics 
Renewable and non-renewable energy 
Formal trade
Miscellaneous services
Real estate, business and rental activities 

Coffee, sugar, basic grains and palm 
Bananas, fruits and vegetables
Textile, clothing and footwear
Pharmaceutical products
Chemicals and plastics
In the 2017 Study, 450 companies took part, 57 faculties from 9 universities plus the Technical Institute for Training and Productivity - INTECAP - and 462 students from different courses. In addition, a pilot test was carried out with the tourism cluster, in which representatives from academia, the productive sector and government took part, to identify the human capital needs that will exist in the this cluster in the next 5 years.

See the study presentation and general results. (In Spanish)

More on this topic

Shortage of Specialized Technicians in Nicaragua

April 2017

There is still a shortage of workers with the skills and technical training needed to work in several sectors, ranging from agriculture to telecommunications.

Workers with skills to not only operate but also repair specialized farm machinery, and even to train people in the operation of specialized software are what companies have been unable to find in different sectors in Nicaragua. Despite efforts, some even made by various private companies, to fund studies and train their employees so that they can acquire the necessary skills, there remains a significant gap between labor supply and demand in the country.

Fewer Graduates, More Technicians

October 2016

In Panama four out of ten companies failed to find the ideal candidates when they needed them.

Data from Manpower reveals that worldwide the talent shortage is around 40%, in Colombia it is 50% and in Panama 36%. Monica Flores, president of the group for the region, said that "...

Shortage of Talent in Guatemala

July 2016

Sales, operations and production are the areas in which Guatemalan entrepreneurs face the most difficulties in recruiting staff with the necessary skills.

Leadership, the ability to make decisions and to identify and solve problems are the skills most required by companies in Guatemala, and the most difficult ones to find when hiring staff.

Dificulties to hire qualified staff increases in Costa Rica

July 2014

There has been a rise in the number of firms reporting difficulties in recruiting qualified staff, especially technicians, engineers and sales managers.

In one year the number of companies who said they found it difficult to fill vacancies grew by 11%, according to figures from a survey carried out by the human resources firm Manpower, which states that "...

 close (x)

Receive more news about Business and Investment

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones

Gluten-free food business for sale

Operating Company dedicated to the manufacture of gluten-free and sugar-free products, OHNE brand.
The OHNE brand has 8 product lines: square bread, sweet...

Stock Indexes

(Apr 6)
Dow Jones
S&P 500


(Dec 17)
Brent Crude Oil
Coffee "C"