Original Webcast date: June 25, 2008
The marketplace for talent has become increasingly more global as organizations continue to seek offshore locations to supplement or replace more expensive talent at home. The way companies attract, organize, and reward their global workforce continues to evolve to respond to these domestic talent pressures. As part of this trend, the traditional ways of recruiting and rewarding expatriates — typically nationals from the U.S. or Western Europe moving to a targeted country to fill top executive positions — is also changing.
Foreign and domestic investment in the "BRIC" countries — Brazil, Russia, India, and China — has grown significantly in the last few years, resulting in a shortage of talent even as each of these countries rides the wave of a favorable economic cycle.
For companies expanding into Brazil, Russia, India, and China, the labor scarcity has meant that many employers have had to turn to importing talent through expatriates. However, the way they recruit and treat expatriates has evolved fairly significantly.
If your company has operations in the BRIC countries or is considering expansion into one or more of these countries, please listen to our recent Hewitt web conference, "Expatriates and the Talent Shortage in the BRIC Countries". You will hear from Hewitt's human capital experts on why the BRIC countries have become targeted offshore locations for many companies, and how you can effectively recruit and reward local and imported talent.
Click here to launch or download the Webcast, "Expatriates and the Talent Shortage in the BRIC Countries".
Click here to launch the presentation slides used in the Webcast.
Click here to read the article "Expatriates and the War for Talent", authored by several Hewitt associates.