Acing the Tech-Recruitment Game - Globally Remote Organizations are Doing it Right!
As the world is swiftly transitioning towards an era where buzz words like Artificial Intelligence, Data Science have become the norm, organizations are acknowledging and accepting the crucial role technology plays in staying relevant.
However, this era has seemingly led to an incessant surge of demand for tech professionals across the globe, proving that no matter how tech-savvy the world gets, technology will always have a face.
With the increased demand for talented employees, the tech-talent crunch faced by companies across the globe is deepening and is far from being overlooked. The reasons narrow down to a few major hindrances:
The employees that work with the technologies are the ones who ensure that they are leveraged most effectively to enhance and improve our ways of working. Naturally, making organizations aware of prioritizing the search for employees with the right skill set to contribute to their success.
How Real is the Tech-Talent Deficit?
Finding the right type of employees for the job can be difficult, especially in this tech-enabled world of global organizations that span multiple countries and cultures.?
A study by Korn Ferry on the Global Talent Crunch revealed that by 2030 there is bound to be a global skilled talent deficit of above 85.2 million people resulting in trillions in unrealized potential and revenue. Research also shows that tech positions are among the most challenging roles to be filled globally. Therefore, making it safe to presume that technologically skilled individuals are in demand and shall continue to be so, in the coming future.
Are Globally Remote Organizations Acing the Tech Recruitment Race?
With the world becoming increasingly globalized, the tech industry is no longer bound by geographical boundaries. Companies are now looking to hire tech talent from around the world and many are taking advantage of remote recruitment processes to leverage the talent pool. In a scenario like this, “globally remote” organizations seem to be doing something right to keep up with the breakneck speed of the industry.
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Organizations that have gone global and have transitioned to remote operations have been able to utilize the full extent of global talent. By hiring global talent remotely, companies are able to:
One way to make this process easier is by leveraging tech talent recruitment platforms. These platforms can help organizations quickly find the right type of employee for the job, as well as provide detailed information on the employee’s skills and experience. This can help organizations to preserve their time and effort and focus on the business goals of the organization while leaving the task of building the best possible team to the experts.
It is not uncommon to think of India when talking about highly skilled tech personnel, especially since India is one of the most sought-after countries with an abundance of highly qualified human potential just waiting to be tapped. India has over 500,000 software engineers and tech specialists that graduate every year, making it the most favored supplier of english speaking tech talent across the globe. The fact that top positions at global companies such as Google, Microsoft, IBM and Adobe are all held by talented Indians, further substantiates the credibility and capability of high-skill professionals from India.
Companies like StockEdge – an equity market research and analytics platform – have leveraged the adeptly qualified engineers from TeamEpic's talent pipeline and witnessed an extremely positive impact. With cost savings of 32% and an overall reduction in risk of incurring future costs of hiring, training, and onboarding of employees, not only has remote recruitment helped them to stay ahead of their competition, but has also exposed them to a reliable source of tech talent for upcoming employment needs.
The future ways of working for companies can be considerably enhanced by leveraging technology to recruit trained and qualified tech employees from across the globe. Global organizations can ensure they continuously deliver market-leading solutions and remain on top of their game.
The Future of Remote Recruitment
As the global workforce continues to evolve, smart remote recruitment will become an increasingly important part of the recruitment process. Companies will need to adopt new technologies and strategies to ensure they are able to find and retain the best tech talent from around the world. Smart remote recruitment provides several benefits, such as access to a larger talent pool, a faster hiring process, and cost savings.?
As companies continue to think globally and look to hire tech talent from around the world, smart remote recruitment will become an invaluable tool for companies. With the right strategies and technologies in place, companies can tap into the global talent pool and bridge the gap between their hiring needs and the tech talent available.