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Employers must also navigate legal and economic differences, using tailored strategies to comply with regional regulations and compensation expectations. By combining targeted outreach, cultural sensitivity, and localized hiring practices, organizations can effectively reach, appeal to, and engage top talent worldwide.
ERE recently conducted their 2014 State of Recruiting study —surveying 1,300 recruiters, recruiting leaders, hiring managers, HR leaders and C-level executives to gain direct insight into today’s recruitment industry. According to the report, globalhiring managers give their organizations’ recruitment function a C+ grade.
This combination of international expansion and the ability to hire people from anywhere creates a more diverse workforce. To build and support their workforces, multi-national companies can scale their globalHR operations from a central location or create localized systems and processes for each of their sites around the world.
Offer Competitive Compensation and Benefits To attract top international talent, it’s crucial to offer competitive compensation packages. Familiarize yourself with the globalcompensation norms for the positions you’re hiring for in different regions.
They handle complexities like managing different tax laws across jurisdictions, supporting multiple currencies, and tracking various compensation structures. Accessing your payroll system within your HR software reduces errors, saves time, and ensures compliance with local laws.
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