Global Recruitment: An Essential Tool in Winning the Race for Talent

GoGlobal is launching our new Recruit & Hire solution on November 17, 2022. Nick Broughton, GoGlobal Partner, shares his thoughts on why this solution is necessary to fill hard-to-fill roles, how we help clients build a global workforce, and the benefits of remote recruit and hire.

By Nick Broughton, GoGlobal Partner

Remote work is the great equalizer when it comes to talent. It has not only transformed the way we think work can be done — shattering the idea that people must be in the office to be productive and trusted — but it has also opened up a global talent pool of millions of people that previously were underappreciated, ignored or inaccessible.

You’re only as good as your people

When it comes to hard-to-fill roles, the Race for Talent is going strong. According to recent research published by Mercer, 70% of companies surveyed in Asia-Pacific said they were struggling to attract talent.

On the bright side, virtual work has expanded opportunities for hiring. For example, traditional tech hubs – such as Silicon Valley in the United States – are no longer the only source for exceptional talent. Nigeria, Egypt, India and the Philippines all offer deep tech talent pools.

But how do you access them?

The question of how to recruit globally is one that often comes up in conversations with companies looking to recruit and hire for hard-to-fill roles, especially technology, sales and client service positions.

A potential solution for winning the Race for Talent exists. By working with an Employer of Record (EOR) that is also able to recruit, companies can develop an end-to-end global recruitment strategy based on finding the right people for the right role at the right price.

The roadmap to international hiring begins with access to global talent

One of the most important considerations in recruiting internationally is to partner with an EOR that can also serve your remote global hiring needs. As we’ve developed GoGlobal Recruit & Hire, we’ve looked at what will give clients the end-to-end solution right from sourcing through all the stages to an eventual off-boarding.

Recruit & Hire is a combination of our talent acquisition and global EOR services:

a graphic showing the process of recruiting and hiring

While we’ve been providing EOR services for several years – working with over 500 clients in over 100+ countries and hiring in excess of 3000 client workers – clients have consistently told us how valuable it would be to also source and recruit candidates, especially for their hard-to-fill roles.

With our in-house regional talent acquisition teams and global network of vetted recruitment partners that we manage, GoGlobal can source and engage remote talent in days. We also offer expertise in local salary benchmarking, talent pool sourcing and in-country HR regulations and best practices.

Build a naturally diverse team with global remote hiring

One of the reasons I am passionate about remote hiring is that it allows companies to build naturally diverse teams. Building an international team supports the integration of Diversity, Equity and Inclusion (DEI) into organizations.

Looking beyond traditional borders for talent creates teams that blend a range of cultures, ideas and perspectives. In the long term, this enriches businesses and industries. It also provides opportunities for highly-skilled candidates who may not be able to access traditional 9 to 5 jobs requiring an in-office presence, such as women with young children at home, people with disabilities or individuals who are also at-home caregivers.

Remote recruitment levels the playing field, making it possible to access the best person for the job – regardless of location and circumstance.

Not only does remote work benefit overlooked individuals, it also benefits the communities where talent lives, including developing countries where there is a deep, highly-educated candidate pool.

With increased earnings, local workers have money to spend in the local economy on housing, entertainment and essentials. Remote hiring can also increase tax revenues for local governments, which can be used towards projects like infrastructure improvements or much-needed public amenities.

I like to think of remote recruitment as a bridge-builder connecting people, communities and companies all over the world – while also reducing pay gaps between genders, ethnic groups and geographies.

7 Reasons to Consider GoGlobal’s Recruit & Hire solution:

Our Recruit & Hire solution offers many benefits to clients:

  • Save time and money with a partner that offers recruitment and EOR combined
  • Avoid entity set-up costs, fines and penalties
  • Gain quick access to new markets
  • Find talent for hard-to-fill roles
  • Recruit from our existing talent pool
  • Tap into our global network of vetted recruitment partners that we manage
  • Benefit from our in-depth expertise in local markets

Win the Race for Talent

By 2030, according to estimates from Korn Ferry, there will be a global human talent shortage of more than 85 million people – worth about $8.5 trillion in unrealized annual revenues. A nimble, cost-effective recruit and hire strategy can help companies avoid such losses in the Race for Talent.

By combining global recruitment capabilities with an EOR solution, companies gain access to an end-to-end solution that allows them to hire the best talent for the job – no matter where they are in the world.

With GoGlobal, once the right candidate is identified, the new hire can be onboarded in a matter of days. But the impact doesn’t end there. Our local reps are available to new hires and will support them in their local language and time zone, while also being knowledgeable about local culture and workplace regulations. Clients appreciate the peace-of-mind knowing they are operating compliantly and seamlessly, which enables them to focus on core business activities that fuel the bottom line.

In the end, a growing company enjoys agility, efficiency and confidence in global HR and business expansion.

We’re your partner in the Race for Talent. Contact us to learn more about how our one-of-a-kind, unique-to-the-market Recruit & Hire solution can help you access new talent pools around the world.