To learn more about these trends, the Fostering a Thriving Mobile Workforce white paper offers a handy starting point for optimizing your current and future HR policies so they remain relevant to current and future top talent.
Findings from Mercer’s 2018 Talent Trends Survey and their implications for Global Mobility Management
Issues surrounding global talent mobility have become a central aspect of many organizational growth strategies. The results of Mercer’s Global Talent Trends 2018 Study indicate the C-suite considers moving jobs to people and people to jobs a talent investment that would make the biggest impact on business performance.
Companies face a growing war for talent resulting from both talent scarcity and talent mismatch.
Attracting, motivating, and enhancing talent through the use of technology and development of new skills are becoming priorities for companies and HR teams. At the same time, employees also want increased flexibility in how, when, and where they work.
The future of work will call for a revised definition of global mobility management and will require organizations to take into account the following five major trends:
- Change @Speed: Research suggests that many organizations will live and die by their ability to embrace nimble change. This means that companies need to better understand the needs of their global workforce, learn how to more strategically deploy (or redeploy) talent, and foster a desire for lifelong learning in their employees.
- Working with a purpose: Thriving employees want fast career movement, learning, and experimentation. Mobility can be a way to satisfy these aspirations if companies can match their policies with assignees’ aspirations and develop clear employee value propositions.
- Permanent flexibility: The concept of flexibility is not restricted to compensation issues and encompasses talent pool flexibility, location, and working arrangement flexibility as well as mobility policy flexibility. 51% of employees say they want their company to offer more flexible work options.
- Platform for talent: Companies are involving into smart platforms for matching skill supply with work demand while maximizing human creativity and ambition. They need to nurture their expanded mobile talent ecosystem and learn not only to build (train) and buy (hire) but also to borrow talent (e.g. freelancers/gig workers).
- Digital from the inside out: Digitization is already reshaping the face of work. The challenge for many organizations is to retain an irreplaceable human touch while also taking advantage of new technologies. Success in digital age also requires a critical investment in reskilling employees, including the ones in the talent mobility team.
Want to Learn More?
These insights were just a small sample of the many findings contained in Mercer’s 2018 Global Talent Trends report. If you want to learn more about what you can actually do to address these trends, the Fostering a Thriving Mobile Workforce white paper contains robust data, and is available as a free download. With this detailed, statistic-filled white paper, you’ll find a handy starting point for optimizing your current and future HR policies so they remain relevant to current and future top talent.