The Challenge of Attracting Global Talent to Low Wage Countries

A Global Business Footprint Requires A Global Talent Pool

As Asian companies expand worldwide to take advantage of untapped international markets, they often find that they are competing directly with formidable global organizations for the key talent they need to succeed. While the challenges that Asian companies face have now become truly global in nature, local talent pools in many Asian countries often do not support the level of skills and experience that are needed to drive a global business. This is seen most evidently at the senior executive level where the shortage of qualified talent is often the most acute.

In response to this talent gap, many Asian-based companies are now searching the globe to access the talent they need to propel their growth objectives. With effective talent acquisition efforts, the right talent can be found - but for Asian companies who are headquartered in “low wage” countries, attracting this key talent can be a major challenge. This is especially true where the candidate under consideration is working in a developed country where wages are relatively high.