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.
A successful, global recognition programme calls for a local touch.
By Debbie Bolla
With nearly 50,000 employees in 180 countries, the global nature of The Dow Chemical Company’s workforce was a primary consideration for its employee recognition programme. What was CHRO Johanna Söderström and her team’s solution? A global platform executed locally.
Organisations operating in EMEA that leverage a localised approach to HR can connect to an international workforce.
By Christa Elliott
The EMEA region encompasses 116 countries on three continents, but despite the area’s cultural and geographic diversity, there is at least one thing that its businesses have in common -the need for a localised approach to HR policies and processes, particularly in Europe. Many organisations have implemented localised hiring programmes and benefit rollouts for years, and these practices are more widespread than ever before in EMEA.
HR should consider four approaches to help navigate the ever-changing immigration regulations.
By Tim O’Shea
Immigration is one of the most complicated and important issues that HR professionals face today. An intricate lattice of social, political, religious, and economic forces collide to create ebbs and flows in immigration, as well as country-specific policies. Each day, people all around the world cross national borders in search of opportunity or refuge. But many governments are reacting to the growing anti-globalisation sentiment with proposals for stricter immigration rules and doubling efforts to enforce existing regulations.
With rapid business growth, talent leaders need to keep their eye on Latin America.
By Paula Jacomo
Between the introduction of new technologies, changing demographics, and talent wars within the region, Latin America (LATAM) has quickly emerged as a fierce competitor in the global talent market. The region has seen rapid business growth for multinational corporations looking to expand their footprints, and its start-up community is also booming. Not only has this growth swiftly increased the demand for talent, but it has also led to a shift in employee expectations regarding the technologies and benefits made available to them.
By Debbie Bolla
As more and more organisations expand their footprints and establish a multinational presence, the idea of being “glocal” -conducting business according to both local and global considerations – has become commonplace. As you know, we go glocal with HRO Today Global, the sister publication to HRO Today, which covers similar pressing HR topics but with a focus on trends specific to EMEA and APAC.
More economic growth is projected, but how do global unemployment rates fare now?
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 to produce quarterly reports that compile current international labor market figures, including measures such as 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, allowing multinational companies to stay competitive in talent acquisition.
