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10 Global Talent Acquisition Trends for 2023

Globalization Partners

Whether you’re testing new markets or scaling your workforce, international hiring can be an exciting yet challenging venture, even for experienced businesses. However, researching cultural nuances, leveraging effective tech tools, and implementing best practices will help streamline the global talent acquisition process.

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Global Talent Acquisition: How to Find and Hire the World’s Brightest Talent

Velocity Global

However, recruiting challenges are inevitable for managers and HR teams when hiring across international borders. To gain a competitive edge in foreign markets and ensure seamless growth, companies must comply with local labor laws and consider cultural norms in every market where they hire talent.

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The Complete Guide to Employee Cost: How to Calculate the Cost of an Employee

Velocity Global

Calculating actual employee cost is a critical factor for making sound financial decisions, no matter your company size or industry. For example, understanding the true cost of an employee allows your finance and HR teams to accurately budget for expansion into a new market.

Payroll 97
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How to Create a Global Compensation Strategy That Boosts Talent Retention

Velocity Global

Despite the benefits of global hiring and expansion, international companies face several challenges when building a distributed workforce. One key pain point is attracting and retaining top global talent in a competitive hiring environment. Otherwise, a company couldn’t hire employees from large metropolitan areas.

Payroll 52
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How Effective Performance Reviews for Remote Employees Help You Boost Retention

Velocity Global

When you give your employees the ability to rise within your organization, you help them upgrade their job titles, responsibilities, and compensation—while keeping them on your team. Shortcomings in individualized training and attention aren’t limited to when talent begins a new job. Clearly, there’s a disconnect.

Jobbing 52
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Boost Global Workforce Retention By Overcoming These Five Challenges

Velocity Global

In today’s hyper-competitive hiring landscape, HR teams spend months identifying, recruiting, and onboarding top talent. When employees leave for jobs at other organizations, all of HR’s hard work goes to waste—and their company is left with the tab. . Gallup estimates that U.S. Challenge #1: Providing Timely Support.

Payroll 52
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Strategic Compensation Management for Remote Workers

Globalization Partners

HR managers know that to attract and retain top talent, they need to develop a compensation package that will effectively position their company on the job market. In a traditional in-office work model, companies pay their team members whatever is considered competitive within the local market. Single-market compensation.