Global hire is a growing trend used to counteract talent shortages and the current competitive labour market. The globalization of businesses and technological advancements have opened up exciting possibilities for companies to tap into a diverse pool of talent from around the globe.
Hiring worldwide offers businesses exciting opportunities to tap into global talent, gain diverse perspectives, and expand their market reach. And while global hire provides numerous advantages, it also comes with unique challenges.
“Recruiting requires a good level of specialized knowledge about different markets, job expectations and cultural differences. What you know about local recruitment doesn't always help when it comes to international recruitment, so it's vital you perform the right research before attempting to source candidates from international locations,” according to Indeed.
6 Things to Consider For Successful Global Hiring
1. Understanding Local Labour Laws
Before hiring talent from a particular country, it’s important to understand its labour laws and regulations. Employment laws vary significantly across jurisdictions, including rules regarding minimum wage, working hours, benefits, and termination procedures. Compliance with local laws is essential to ensure fair treatment of employees and avoid legal complications.
2. Partnering with Local Experts
Navigating the complexities of global hiring can be challenging. Partnering with local experts, such as recruitment agencies or legal advisors, who possess in-depth knowledge of the local job market and labour regulations is key. These professionals can help streamline the recruitment process, provide insights into cultural nuances, and ensure compliance with local laws.
3. Taking Culture into Account
“Even if you approach international recruitment in a compliant and relevant way, nothing will come out of it unless you attract local talent. And the only way to achieve this is by understanding their culture, embracing it, and incorporating it into your recruitment process. This exercise can be tricky, as it’s not something you typically have to do domestically. If you’re unfamiliar with this step, the key is asking questions that help you understand your target audience, for example, What is socially acceptable according to them?” suggests Andy Agouridis.
4. Offering Competitive Compensation and Benefits
Competitive compensation and benefits packages are essential to attract top talent when hiring globally. It’s important to research the local market rates to ensure your offers are competitive. It’s also advisable to check factors like cost of living, taxation, and local employment standards. Additional benefits, such as relocation assistance, visa sponsorship, or language training, can make the transition smoother for international hires.
5. Recruiting from Emerging Markets
“The world is full of great talent, much of which comes from emerging markets with rapidly growing economies and educated workforces. Emerging economies are often a sound choice for companies looking to open foreign subsidiaries, as they tend to be friendly towards international companies to foster investment, economic growth and job creation,” according to Localyze, a global mobility platform.
6. Offering a Great Employee Experience
A positive recruitment and onboarding experience is essential for any candidate, especially international ones. Language barriers, time zone differences, and cultural variations can impact communication. This is why empathy and a carefully planned recruitment process are crucial for any global hire approach.
International recruiting managers need to be clear and concise in job descriptions, ensuring candidates from various backgrounds easily understand them. When conducting interviews, it's wise to provide ample time for candidates to express themselves and ask questions. Additionally, offering language support or translation services can distinguish a company from competitors.
Is global hiring a good solution for talent shortage?
Let us know in the comments if you have experience hiring international employees and your best tips for successful recruitment.
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