Tag Archives: Globalization

Outlook Looks Good

Global Unemployment

Data projects 2018 global economic growth to increase by 3.1 percent.

By Larry Basinait

To explore international labor markets, companies must first consult global labor market data. PeopleScout, a global provider of RPO, MSP, and total workforce solutions, has partnered with HRO Today to produce quarterly reports that compile current international labor market figures, including measures like national Gross Domestic Product (GDP) and unemployment rates over time, from countries across the globe. This data reveals critical information about the state of the talent pool, working conditions, and recruitment needs of various countries and regions. It is an essential tool for predicting fruitful locations for expansion and recruitment, thereby allowing multinational companies to stay competitive in talent acquisition.

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Global Unemployment Report: Q4 2017

To explore international labor markets, companies must first consult global labor market data. This much-anticipated quarterly report compiles current international labor market figures from countries around the world, including measures like national Gross Domestic Product and unemployment rates, and tracks them over time.

This report also contains a section on the five developed nations most deeply impacted by chronic unemployment.  Further insight into the challenges these countries face and the underlying causes of their struggles with high unemployment rates are explored.

 

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Broadening the Global Footprint

Business Expansion

Five steps organisations should consider to ease expansion.

By Kristina Lengyel

Today, many companies are contemplating globalisation in order to grow revenues and increase bottom-line profitability. The idea of going global makes sense, especially considering that the world’s emerging economies represent a very real and immediate opportunity to reach new consumers—an Accenture report says these markets will represent more than 65 per cent of global GDP by 2030—and more efficiently run various aspects of operations, such as manufacturing.

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Keeping Employees Moving

Relocation

Recent research shows that organizations need to align their relocation incentives with employee desires to fill key skills gaps.

By Donna Chamberlain

Globalization has integrated industries and markets internationally, and demand for skilled employees in both developing economies and the traditional powerhouses continues to grow. Even with an increasingly complex international landscape, 18 percent of employees across the globe are eager to accept a job offer abroad, according to BDO and Ipsos’ latest Global Employee Mobility Report. However, this marks a seven percent decline from 2012, indicating that motivating employees to accept international assignments is becoming increasingly challenging.

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Driving the Economic Growth Engine

HR Economic Growth

Low unemployment in advanced economies is creating positive change.

By The Editors

To explore international labor markets, companies must first consult global labor market data. PeopleScout, a global provider of RPO, MSP, and total workforce solutions, has partnered with HRO Today magazine to produce quarterly reports that compile current international labor market figures, including measures like national gross domestic product (GDP) and unemployment rates over time, from countries across the globe. This data reveals critical information about the state of the talent pool, working conditions, and recruitment needs of various countries and regions. It is an essential tool for predicting fruitful locations for expansion and recruitment, thereby allowing multinational companies to stay competitive in talent acquisition.

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Built By Innovation

Targeted sourcing is key to Ericsson’s tech-driven talent acquisition strategy.

By Debbie Bolla

Ericsson is no stranger to changing with the times. The communications tech company has gone through several iterations during its 140-year history—from producing mechanical to electrical switchboards to electronic solutions and today’s mobile systems. The organisation is always trying to get ahead of the latest technology, and having the best talent at its fingertips is critical to achieving this goal.

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Payroll From Afar

An influx of remote workers means new compensation considerations.

By Jean-Luc Barbier

In recent years, HR departments have witnessed the rise of a whole new type of workforce, one that now includes remote workers. As globalisation, skill availability, and outsourcing practices change, businesses have been taking advantage of freelancers, and the traditional work environment is being reshaped.

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Gaining Momentum

Recent research shows that both advanced and developing economies see growth and added jobs.

By the Editors

To explore international labor markets, companies must first consult global labor market data. PeopleScout, a global provider of RPO, MSP and total workforce solutions, has partnered with HRO Today magazine to produce quarterly reports that compile current international labor market figures, including measures like national gross domestic product (GDP) and unemployment rates over time, from countries across the globe. This data reveals critical information about the state of the talent pool, working conditions, and the recruitment needs of various countries and regions. It is an essential tool for predicting fruitful locations for expansion and recruitment, thereby allowing multinational companies to stay competitive in talent acquisition.

Continue reading →

Global Unemployment Report: Q2 2017

To explore international labor markets, companies must first consult global labor market data.  This much-anticipated quarterly report compiles current international labor market figures from countries around the world, including measures like national Gross Domestic Product and unemployment rates, and tracks them over time.

This edition of the report also provides statistics on countries with the most highly-skilled workers, which may be of particular importance to organizations with a need for in-demand, skilled workers. 

You’ll gain critical insights about the state of the talent pool, working conditions, and the recruitment needs of various countries and regions, allowing multinational companies to stay competitive in talent acquisition.

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A Big Drop

For many, incomes have stagnated and prospects for greater income are limited, causing a sharp decline in worker confidence.

By The Editors

Current worker confidence has reversed the upward trend reported over the last year and dropped significantly in the second quarter of 2017. The Worker Confidence Index (WCI) from HRO Today and Yoh Recruitment Process Outsourcing report a decline of 7.9 points, falling back to a level of 99.7. This is the same level reported at the end of the second quarter in 2016. Of the four components of the WCI, only job stability rose by 4.5 points in the second quarter of 2017, while likelihood of promotion and likelihood of a raise declined by 21.4 points and 11.1 points, respectively. The trust in company leadership index declined by 3.4 points but remains 5 points higher than one year ago. 

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