Nearshoring high on talent agenda

Published 18/07/2018 - 3 min Read

By Armstrong Craven Team

Talent Research Specialists

Quick Summary Read our blog on finding the best talent when nearshoring.

3 min Read

By Jackie Bernard, Knowledge & Information Team at Armstrong Craven
July 18th, 2018

Nearshoring offers a number of advantages over offshoring and, as a result, is now an increasingly popular strategy with multinationals.

For the last couple of years, there have been a spate of articles in the press about companies, not least banks, moving teams of people to nearby countries such as Germany, France, Ireland and Luxembourg.

The issue of nearshoring over offshoring is one of the topics addressed in the first edition of the Armstrong Craven Review.

Jackie Bernard, a member of the Knowledge and Information Services team at AC, writes: “The decision to relocate part of the business elsewhere is designed to address major issues that all businesses have to face including cost savings, talent attraction and retention and long-term planning.

“However, each situation is unique and demands answers to a huge range of questions and this is where having input from a trusted, impartial adviser like Armstrong Craven can make all the difference.”

Jackie goes on to explain why planning is vital before an organisation takes the plunge and nearshores to a particular location.

She writes: “We’ve heard of companies making the decision to set up operations in a new low-cost location, only to find out several months later that the talent they need just isn’t there.”

There are a number of key questions that need to be asked as part of any nearshoring strategy, including:

  • How large is the talent pool?
  • What are the language capabilities of the talent pool?
  • What level are local salaries?
  • How much competition is there for local talent?
  • How is your company’s brand perceived in the location under consideration?

To find out more about how to get your nearshoring talent strategy right, read Jackie’s article here

Access the Armstrong Craven Review Vol. 9

The Review is read by over 10,000 HR and Talent Acquisition leaders globally and highlights key trends in HR and Talent Acquisition. Volume 9 of the Armstrong Craven Review examines how global events have caused businesses to rethink leadership and talent strategy. The review analyses how organisations must face tensions for successful talent planning. We ask what’s next for EVP? Before exploring the impact of menopause on female leadership and discovering how to succeed in confronting imposter syndrome.

Get In Touch

Get In Touch

Please leave your details below and one of our team will get back to you as soon as possible.