In today’s globalized and remote-working world, the world is your oyster when it comes to hiring employees. Many businesses are looking beyond their borders when hiring. In this article, we’ll be letting you in on the ways you can draw in the best pool of talent by attracting top candidates and ensuring you are able to retain the ones you select.
There are a multitude of reasons why your business would benefit from hiring international talent. Let’s begin with the obvious: you’re able to assess the best candidates' applications from around the world. With a bigger selection, you are not just limited to your country’s best.
It can also pose a number of benefits to your business since exchange rates and employee contracts depend on the country you’re dealing with. For instance, you can hire someone contractually for a period, rather than hiring a permanent staff member. This, along with favorable exchange rates, may save your business on labor expenses.
Having international talent working within your company is an asset for your business. Today, employees are seen as influencers in the professional world, since networking remains a top priority. These working relationships broaden your reach around the globe and give you the benefit of having international experience within your team.
This is especially helpful to businesses that are expanding into new markets, and require employees who are experienced in that country. This experience pertains to the likes of diverse markets, different languages, laws and regulations - the list goes on.
Notably, hiring international talent does not mean you need to pay for relocation costs and require emigration, unless the position calls for it. Businesses are better equipped than ever to have a remote workforce. In cases where you’re asking candidates to move to your country or engage in an exchange for a period of time, you still need to be able to effectively attract them to your business.
As it stands, the market for hiring top talent on a global scale is very competitive. Simply put, there is high demand top candidates, in line with the highest possible standards worldwide. When attracting these potential employees, businesses need to meet their increasingly growing expectations.
When considering which country’s to look to, a business might consider the standard of living, the exchange rates and the cultures, as all of this will impact the working relationships that are formed. With a diversified team that bring a range of skills and experience, your business will be adding to their competitive advantage. Thus, your company culture will improve, as will the potential and reach of your business, with all of this culminating in your business being more successful.
We need to consider the hiring process in its totality when attracting candidates from around the world. It needs to be top-tier, from the advertising process to the sorting and selecting of candidates, interviews, negotiations, and communication. This will ensure your business is meeting the international standards and expectations.
Showcasing professionalism of the highest degree will attract top candidates and also be an indicator for them to enjoy a smooth introduction to your company, and one which is long-standing if they are hired. Once these candidates are hired, you’ll need to have an onboarding system ready to go, since the transition to a new company fosters motivation, loyalty, productivity, trust, and support.
So, where can you find these candidates?
Now that you know where to find them, you’ll need to consider what motivates them - this is the crux of what will attract them to your business in particular.
Right, so now that we know what these candidates need, you’ll need a strategy to tie in all of the elements and spark interest in your business.
Attracting international talent to work for your business requires an investment of time and effort. To entice the world’s best candidates to take a vested interest in your company, you’ll need to find them, understand their motivates, and meet their expectations. When you succeed in doing so, there are numerous payoffs for your business, from having a competitive advatange, to having a diverse workforce and the best employees on a global scale.
We at Nexa are here for your business and are ready to help you develop your Employer Branding, business marketing, and your HR processes to, so that you’re able to draw in and keep the world’s best employees. Book your slot to speak with us - we’re eager to hear from you.