Having good talent is one of the most valuable assets that drive a company’s growth. The pursuit of talent today is competitive. It is encouraged by increasing skills shortage, rapidly advancing technology, and evolving dynamics on the nature of work. CEOs now don’t lack the funds to invest in new products or services, but the right people to take charge of these projects.
Here at Glints Talenthub, we know that it can be a challenge to recruit high quality talent, especially in our current global business environment. A 2019 Talent in Asia Report showed that 50% of employers are facing a talent shortage. Many employers are facing rising labor costs too. Just 4 years before that, ManpowerGroup’s study revealed 38% of global companies had difficulties filling open positions. These included roles in the executive, administrative, skilled trade, technical and information technology areas.
In the industrial era, work roles were much more interchangeable. However, steeped in this era of modernity and technology, high-value jobs require specific skillsets that are not found abundantly in the labour market.
Offshore hiring can be the solution. Companies that offshore to Indonesia and Vietnam can save up to 70% in cost. Plus, offshoring helps companies widen their talent pool to Southeast Asia.
Indonesia is one of the most attractive countries for offshoring. In 2015, it ranked #4 globally as a country that was great for offshoring and outsourcing.
Related: For Singapore companies: 5 reasons why offshoring to Indonesia is a smart move
Additionally, many Indonesians are fluent in English. The country ranks a respectable #3 in the list of bilingual countries. English is the second language of most.
To spur your business on, Glints TalentHub can help you build your offshore dream team. We take care of the legal, HR, and administrative hassles for you. Download this free ebook to find out how!
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