Scarce local talent tops mobility challenges
Employers headquartered in North America continue to face significant challenges in staffing their operations in emerging markets, according to Mercer’s HR & Mobility Challenges of Emerging Markets Survey. The challenges, according to the 150 Canadian and US companies surveyed, vary somewhat as between managing local nationals and expatriated employees.
“In addition to the lack of local talent in most emerging markets, attracting and incenting expatriates with the needed technical and managerial skills is a big issue for companies trying to staff operations in often-difficult locations,” said Roger Herod, a Principal in Mercer’s global mobility consulting business.
“Beside the common difficulties of finding skilled talent and establishing competitive salary structures for local employees, regional complexities around employment laws, local benefits and tax regulations can be particularly troublesome to overcome when operating in these countries,” he adds.
See what challenges employers face in emerging markets.
Infographic by Mercer Insights