Contingent Workforce | 3 Essential Steps to Globally Expanding Your Workforce

3 Essential Steps to Globally Expanding Your Workforce

Remote work is allowing companies to hire workers amidst ongoing talent shortages across industries. As a result, tapping geographically dispersed talent pools is becoming increasingly important to fill skills gaps. However, expanding a contingent workforce globally can be complex, and organisations need to consider various factors to be successful.

1. Consider Compliance Regulations

Every nation and territory around the world has unique employment laws and regulations. For instance, there is legislation surrounding technology hosting in China and the E.U., data privacy regulations such as the General Data Protection (GDPR) in the European Union, and various others. Organisations looking to design a compliant, global program must keep these in mind, or face serious repercussions which can include lawsuits, fees, or even a tainted company reputation.

Organisations looking to navigate different regulatory landscapes confidently can bring in an internal specialist or partner with an Employer of Record (EOR) or Managed Service Provider (MSP). These partnerships offer guidance in staying ahead of changes in the law, correctly classifying labour, up-to-date expertise for different regions, and more.

2. Enhance the Worker Experience

Creating an excellent worker experience can help businesses attract top talent globally in addition to helping stand out among competitors. Benefits like flexibility, paid time off, educational opportunities, and supportive environments enhance worker experience, leading to strengthened talent retention – even more so if they are specifically customised for specific regions.

Being highly responsive and engaging is also key. Organisations should aim to respond to worker inquiries quickly, investing in software solutions that enable speeding up these interactions as needed. Failing to do so can harm the worker experience and potentially the employer’s brand. Automating different processes can help in this area so workers can connect with managers promptly or find answers to frequently asked questions on their own.

3. Understand Cultural Nuance

As organisations expand their talent searches to different locations and countries, it is imperative that they invest the time and effort to familiarise themselves with the cultural expectations in those regions. Before beginning global hiring, businesses should go through an internal cultural discovery process of their organisation. When hiring and onboarding workers from diverse locations, organisations can make small gestures to show their understanding and appreciation of any cultural differences.

Hiring a local expert can be tremendously helpful in this area, since comprehending local customs will allow international workers feel welcomed and like an important part of the organisation. On-the-ground experts in different locations will also allow organisations to navigate local laws and regulations, improve awareness of any potential changes that will impact the business, as well as leverage supplier relationships.

Download White Paper

Promoted by
Magnit

Magnit™ is a global leader and pioneer in contingent workforce management. Our industry-leading Integrated Workforce Management (IWM) Platform is supported by 30+ years of innovation, modern software, proven expertise, and world-class data and intelligence. It enables companies to optimize talent and diversity goals while achieving operational and financial success. With Magnit, companies can adapt quickly to the evolution of work to grow their extended workforce with greater agility, transparency, and speed.