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Wage Rates
Following are 2004 yearly compensation
figures in U.S. dollars by position for Reynosa, including all fringe benefits Reynosa.
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Position
|
Base Rate
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Total Compensation
|
|
Production Manager
|
41,068
|
51,799
|
|
Quality Engineer
|
14,395
|
19,458
|
|
Manufacturing/Process Engineer
|
11,621
|
16,106
|
|
Industrial Engineering Tech
|
6,542
|
8,377
|
|
Production Control Manager
|
36,743
|
47,860
|
|
Accounting Manager
|
36,131
|
48,353
|
|
Accountant
|
8,542
|
11,922
|
|
Human Resource Manager
|
44,041
|
57,170
|
|
Test Engineer
|
14,318
|
19,796
|
|
Bilingual Secretary
|
8,239
|
11,871
|
|
Secretary
|
4,761
|
7,237
|
|
Office Clerk
|
8,364
|
11,430
|
|
Operator A
|
2,699
|
3,955
|
|
Operator B
|
2,496
|
3,750
|
|
Operator C
|
2,378
|
3,676
|
|
Operator D
|
2,293
|
3,175
|
|
Mechanic Technician A
|
7,307
|
9,943
|
|
Electronic Technician
|
7,742
|
11,378
|
|
Tool & Die Maker A
|
7,395
|
10,613
|
|
Quality Control Inspector
|
3,425
|
4,808
|
(Exchange rate: 11.00 peso = $1.00)
Demographic Impact
Reynosa still serves as a transfer
center for north and southbound trade, and reflects a population in transition
to families and better paying jobs in San Antonio and South Texas. New migration
severely strains the already inadequate availability of housing in Reynosa.
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Employment Considerations
Currently almost 70,000 people are employed
in 170 Reynosa maquilas.
|
Unemployment Percentage
McAllen averages 12% - 16% of unemployment,
since Reynosa is only about 4% - 6%; representative of its limited labor pool
willing to work.
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Availability of Labor
Population and demographic projections
still point to above average growth, as expected to accompany increased trade,
border migration and higher birth rates. Population increases should keep pace
with anticipated new maquilas for the remainder of the decade.
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Skill Ranking
A greatest number of maquila as that
have located in the Reynosa area are still assembly and shelter operations,
though a dozen electronics manufacturers provide for a growing skill level of
technicians.
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Education and Training
Reynosa has approximately 325 schools
ranging from kindergarten to college. There are seven (7) universities, two (2)
technical institutes and six (6) technical training centers.
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Turnover Rates
In general terms, turnover is lower
in Nuevo Laredo because of a the isolation of the region and lack of better
employment opportunities across the border in McAllen. Estimates typically
run 5% - 8% per month. Workers in the region are extremely family-oriented,
contributing to higher turnover when one member of the family gets ill or quits
the job.
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