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Brazil ranks among the worst of the 30 countries in the Hays Global Skills Index in terms of secondary school education quality. A history of subpar educational performance at the secondary level has likely impacted the supply of skills available to employers today and will continue to do so in future if not remedied.
Downward pressure from
• Increase in education levels
• Overall wage pressure
• Wage pressure in high-skill industries
Upward pressure from
• International PISA rank
• Net in-migration
• Labour market regulations
Brazil's 2013 Index
The diagram below shows how Brazil scored for each individual component. The component's all carry an equal weighting but the first four can be considered 'structural indicators' while the last three are compensation based indicators. Each indicator is given a score from 0 to 10.0 and the overall Hays Index score (5.6 for Brazil) is a simple average of the seven indicator scores.
View from the ground
"Brazil is currently experiencing a shortage of qualified professionals, especially in areas where demand is at a high level such as; infrastructure and oil and gas. Overall the most sought after skills are English language skills and strategic thinking. Due to a mild economy companies are now focusing on productivity and talent retention. The main challenges in Brazil are the inflexible labour market and the high costs associated with doing business. However, Brazil is considered as the natural hub for companies Latin American platforms, which still supplies opportunities for professionals."
Carla Rebelo, Managing Director, Hays Brazil
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