When vacancies arise companies fill them paying the new employee less than before, and give them even more demanding requirements.
A Manpower study outlined in an article in Prensalibre.com notes that in Guatemala "requirements are increased when new staff are hired, however the wages offered are not in line with the international market.
For example, one company had a manager with a profile matching a salary of up to $3,138, this person resigned and his place was taken by a underling who had a salary of $1,255 and who, after the change in position, was offered $1,632. This person got a better opportunity and resigned, shortly after which the company attempted to hire a new manager with the requirements of the first but with the salary of the second.
In Guatemala, employment is decreasing while the number of job seekers is increasing.
La Prensa Libre of Guatemala published recent data on the labor market in an article.
According to the consultancy firm Manpower, hiring for the second quarter is expected to be -1, meaning that more jobs will be lost than those that are created, and job requests have increased between 45% and 50% when compared to the same period in 2008.
According to a survey by Manpower on employment expectations, businessmen believe that the last quarter of the year will remain stable.
Based on the results of the survey of perception, 20 of every 100 business person interviewed expect that they will have positive movements in their payrolls, while 69 of every 100 are betting that the employment situation will continue unchanged. The remain 8% are anticipating less hiring of employees.