Overcoming the talent shortage: employee mobility as a game changer

In today's fiercely competitive job market, many industries are struggling with a persistent challenge – the talent shortage. Finding skilled workers is now a roadblock for many companies around the world, with the demand significantly outpacing the supply, especially for the ever-evolving digital professions.

According to a large-scale study carried out by SD Worx, 43% of European employers say they are having trouble attracting employees. Paired with difficulty in retaining existing workers, 49% of companies cannot get their necessary work done due to lack of personnel. 

A different study by ManPower Group shows that, in 2023, nearly 4 in 5 employers globally report difficulty finding the skilled talent they need - the highest number in the last 17 years. 

This scarcity of skilled workers presents a dilemma, but it can also be seen as an opportunity for companies to reimagine traditional processes. One powerful answer to talent shortage is employee mobility and relocation. 

International Hiring: answer to the talent shortage

Today the world is interconnected: skilled talent has no geographical boundaries. With local talent in short supply, innovative companies are venturing beyond saturated local markets and looking abroad for the skilled professionals they need. 

According to ManPower Group, 55% of employers are open to hiring internationally, with 13% looking to hire more foreign talent, particularly in the IT and Communications Services industries. Embracing international hiring means companies gain access to a global talent pool filled with experienced, skilled professionals and the unique benefits that come with it.

International employees often bring a different skill set and unique experiences to the table. Bringing together talents from different countries, backgrounds, and cultures means injecting teams with a diversity of perspectives. In this sense, global hiring can help companies encourage creativity, innovation, and problem-solving, boosting productivity.

How you can attract and retain top talent through remote work flexibility

As remote work grows more common (and expected), employees increasingly look for flexibility in where they live and work. For companies, this presents an opportunity to access a wider talent pool and build stronger, more diverse teams. But managing international employees comes with challenges: managing visas, work permits, local labor laws, and payroll compliance.

By combining relocation services with Employer of Record (EOR) solutions, businesses can support remote employees legally and efficiently. This approach simplifies global hiring and allows companies to attract and retain the talent they need with more ease.

Why should you combine Global Mobility and EOR Services?

• Attract and Retain Top Talent – Offering relocation and remote work options makes your company more appealing to professionals who value flexibility.
• Ensure Compliance – EOR services handle local labor laws, while relocation services manage immigration, reducing legal risks.
• Improve Employee Experience – Employees can work from different locations with confidence, knowing they have the right support for visas, relocation, and payroll.
• Scale with Ease – Grow your company’s remote workforce without the challenges of setting up new legal entities in every country.

By integrating global mobility solutions with EOR services, your business can offer employees the flexibility to work from different locations while staying compliant and reducing administrative burdens.

Hiring globally with Jobbatical

Embracing employee mobility and international hiring is an important strategy, whether to navigate the talent shortage or to achieve company growth on a global scale. 

At Jobbatical, we understand hiring globally is not a straightforward process. It involves navigating foreign job markets and understanding cultural nuances and complex immigration laws. That's precisely why we provide all-in-one solutions, from immigration services to settling-in support, making relocation as easy as booking a flight. Both the HR team and talents can rest assured that they will have expert assistance at every stage of the mobility process, ensuring a stress-free experience. 

Talk to one of our experts to find out how you can easily tap into global talent. Request a free demo and get a personalized package, adapted to your company’s needs. 

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