Companies are made of people. Without the right talent, a company cannot exist, let alone succeed. There is a reason that there is a market worth more than $772 billion every single year just for global HR and recruitment services around the world!
Of course, most people only end up hiring employees that happened to be nearby their company headquarters. They ignore the huge quantity of global talent out there. However, that is changing.
In the wake of the coronavirus pandemic, savvy business leaders are discovering that many important jobs can be effectively performed at a distance. This not only allows them to let their employees work from home, it means that they may be able to hire talent from afar.
Of course, this is a new strategy in the business game. How exactly can you successfully find and hire global talent?
Read on to learn all about the most important tips you can follow to efficiently hire global talent!
1. Figure Out Exactly What You Are Looking For
This may seem obvious, but it is surprising how many people start looking around for something before they sit down and get clear on exactly what they want. When you have the whole world to sift through for talent, it is extremely helpful to have a few parameters in mind that help you narrow the scope of your search.
First, consider your overall business plan for the next year or several years. Take into account not only what you need right now but what you are going to need over the next few years.
You should also analyze your employees and their skills. You want to identify any specific skill gaps that you might be able to fill with global talent.
Every situation is different. Whatever else you need to think about to figure out exactly what kind of global talent you should prioritize, make sure to give yourself ample time to think it through and write down a plan.
You will then be ready to start reaching out to get in touch with global talent around the world.
2. Start by Searching for Talent in Specific Regions
Despite the term “global” talent, it is generally best to narrow the scope of your search to specific regions at first. This is especially true if you are just starting out.
Pick a few cities or regions worldwide to focus on in the beginning. If you are looking for technical talent, then you might look for cities and countries with high rates of technical education. You might also consider looking at university cities.
Once you have identified which regions you are going to start reaching out to, make sure that you research more about them first. You need to understand local customs so that you do not offend anybody accidentally. Even more important, you need to make sure that you do not violate any laws of the city or country.
It also helps to figure out what the most common tools are in that region for posting job listings and attracting talent.
Once you have all of this figured out, you will be ready to post your job openings.
3. Put Together a Persuasive Pitch
You are not the only one who is getting used to the idea of global talent. The cities and regions where you will be contacting people are generally full of people who fully expect to work in their vicinity. You need to make a persuasive pitch for your offer so that people can overcome the initial trepidation of working for a company that is so far away.
This is where your understanding of the local region will come in handy. You want to put together a description of your job opening that is persuasive to the people in your target region.
In particular, you need to figure out what standard salary and benefits you will be competing with. You should also figure out if people are especially attracted to the opportunity for upward advancement or not.
4. Customize Your Pitch to Different Markets
Make sure to change your job pitch from region to region. People are very different around the world. Working with different cultures and customs is part of searching for global talent.
5. Improve Your Process for Identifying the Best Employees
You may find that you have more applicants than you know what to do with. You need to be ready to effectively sort through them to find the best candidates.
You might have to abandon normal practices like selecting for university education. Depending on what part of the world you’re dealing with, the best employees might not have spent their time in a university.
On top of that, you might want your hiring managers and technical experts to work together to figure out how to identify the most skilled potential employees. And this is the main reason for what companies partner with a Employer of Record to speed up the process of hiring and pay the payroll to these new (or old) employees.
6. Consider Offering Relocation Options
Depending on where you are looking for talent, it might be relatively easy for you to help people relocate to your vicinity. In some parts of the world, that might be an extremely attractive offer.
People might be worried about moving to a new country, but if you can offer them help with transportation, housing, and managing customs, they may be prepared to make that kind of change.
The more that you learn about global talent acquisition and strategies for hiring employees from afar, the more you might be interested in working with experts in talent expansion. The right business expansion strategy can help you take your global talent acquisition aspirations to the next level. Hiring employees from afar can help you combat the great resignation that is affecting many American companies in the wake of the coronavirus pandemic.
Apply the Most Effective Strategies for Acquiring Global Talent
We hope that some of the ideas in this brief article about the top strategies you can use to help you acquire global talent have been helpful for you. The world of business is becoming increasingly globalized. The companies that move fastest to take advantage of this change in the business landscape will have a huge head start on their competitors, who fail to adapt quickly.
That makes learning how to acquire global talent an investment in the success of your company. To keep up-to-date on the latest developments in business, technology, and more, take a look through our other articles!