The Global Talent Marketplace

A great asset for any HR professional is to be multilingual and have international HR experience; These capabilities are in demand. But when it comes to recruitment, recruitment trends can vary greatly by region. We explore the current Talent management and discuss what HR skills are required in each sector.

Middle East

The Middle East has grown rapidly, taking advantage of growth opportunities in developing countries due to investment in infrastructure by government and infrastructure organizations.

When it comes to human resources, there is a strange combination of admin-focused HR departments and modern HR teams that are much more strategic. While the commercial focus is a growing priority for many companies, resulting in a growing need for HR business partner migrants, the biggest challenge for the Middle East is to educate developing businesses about the importance of a commercial and commercial focus for HR.

Asia Pacific

In Hong Kong, there is a demand for strategic level HR, as are Talent Marketplace and employee development professionals as employee retention is an important focus for many companies. China hopes to face new HR roles as tasks are being centralized in head offices. There is also an emphasis on hiring and retaining Talent Marketplace as a means to grow business. New roles in Japan will be to meet immediate business needs.

Singapore

Singapore's human resource revolution is being led by the healthcare, telecommunications, and pharmaceutical industries. There is a concentrated effort to move in-house tasks in the name of cost efficiency, and staff retention is becoming an important issue; Because of this, sectors are witnessing a revolt of HR ex-pats.

Australia

Just after reaching a peak of seven years in the industrial sector, the market is lacking in industrial relations and retention. Companies have been forced into the competition because the pool of professionals is limited.

Europe

With the euro problems overseeing, it is no surprise that the European recruitment market is mixed. France is avoiding risk at the moment as it anticipates taxation changes later this year, while Germany is investing in upgrading the skills of human resources departments (mostly business partners) and recruiting new employees. The Netherlands and Belgium are developing their business in the Far East and the Middle East. Spain, Greece, Italy, and Portugal are inactive in the recruitment market and are expected to remain that way for the moment.

The UK

Replacement roles are the most permanent hires, and HR has a lot of recruitment for middle-level positions on the interim market for fixed-term contracts.

The industry is gaining attention to e-commerce due to the increase in consumer usage of online services. As a result of commerce sector actions to reduce operating costs, the development of IT services and outsourcing continues.

The 6-month unemployment period in HR is rare as the market is mature and experienced physicians are in constant demand. Focusing on finding the ideal HR candidate has led to a lengthy recruitment process as some specific skills are hard to come by; In the financial sector, there is an overall skills shortage for available jobs in HR. Companies are catching on to find the right person and want candidates who can tick all the boxes.

What HR skills are in demand?

Singapore: Cost efficiency is the focus in this area. Each role must be worth its weight, leading to the growth of general business partners and becoming in-house roles.

It is likely that profit specialists and business partners will be in demand for the rest of the year. Permanent positions can be difficult, which can be good news for HR contractors.

Hogg: For the time being, companies in Hong Kong are looking to recruit senior executives for directors and directors, keeping their eyes open for HR professionals with strategic business acumen.

Remuneration packages and benefits policies are a major focus, so there is a demand for compensation and benefits specialists. People with global experience are also sought, as employers are creating restructuring packages to attract employees in Hong Kong or for internal Talent Marketplace so they can explore various options abroad.

Middle East: The Middle East HR market is thinking about business globally, so many companies are looking for people who can create HR departments with commercial and strategic value.

Mid-level business partners are always sought, local HR professionals are also in demand due to nationalization goals.

Over the past 5 years, the focus has been on recruiting outside the region (bringing in ex-pats) to raise the bar of HR and make the function a driver of business. While there is an opportunity for those who do not speak the Arabic language, those who want success should specialize with expertise in their field.

Australia: The HR focus in Australia is in the public sector as occupational health and safety (OHS) legislation is changing and standardizing across the country. This requires an HR consultant, consultant, manager, and case manager. New financial budget changes will also create opportunities for managers; Projects once postponed are now back.

Britain: The hiring strategy for many companies in the UK is to get the highest return on investment (ROI) for their budgets due to frequent news from the financial district. Because of this, the HR recruitment market is thriving. learning and development talent is in demand, showing us that companies recognize the importance of investing in their employees. Human resource specialists with a strong background in risk management / commercial roles are also desired.