Introduction
The trend of economic globalization is unstoppable, and under this circumstance, enterprises going abroad have shown great potential and become an inevitable choice for many enterprises to expand their business layout and adapt to globalization.
In recent years, the flow of resources in the global labor market has become more and more active, and the business forms of labor cooperation have been developing and evolving, so that enterprises face more diverse and changing challenges in their globalization layout. For most enterprises, they will face a new and more complex environment when they go abroad.
So, what should enterprises do to achieve smooth development of overseas business and expand their global layout?
What is Generation Z?
Generation Z (generation Z) refers to people born between 1995 and 2009. They are also known as the Internet Generation, the Internet Generation, or as you might call them, the “backwaters”.
Why Generation Z is needed?
As the first group to be born in the digital age, Generation Z is the main constituent of the online environment and has a higher ability to learn and accept new things quickly than any other generation in the past. For a company, the rapid acceptance and learning ability of employees is the source of vitality of the company.
In addition, young people of Generation Z have a rich online life, a wide range of interests and strong purchasing power. Because of this, Generation Z is more aware of the trends and needs of today’s market. Understanding the market trend and demand is the core need of enterprise development.
Therefore, if companies want to occupy the high ground of talent, they must seize the talent of Generation Z.
Globalized Employment
Internet era, job search information, job search channels, talent competition is fierce, the cost of talent is increasingly high. Now the competition for talent is more global talent competition, companies must adopt a global employment approach to seize the first opportunity for talent.
What is the global employment method? At present, it can be summarized as online employment, fast onboarding, and intelligent management.
Online employment
At present, the epidemic has swept through the world again, bringing many companies difficulties in their normal operations and hitting all industries hard, with the future uncertain. Business and economic development has been hampered and slowed down, and the health of the people of China and the world is greatly threatened.
Many companies have had to move their hiring efforts online. For many companies accustomed to traditional hiring methods, this means a longer hiring cycle, which can be extremely detrimental to attracting and selecting talent, all the way through to onboarding. Companies that lack experience in online hiring are bound to lose out on the talent market.
In this case, if an overseas company wants to hire overseas employees, whether full-time or part-time, choosing a quality overseas employment service provider is the best solution. The service provider can provide a one-stop service for an offshore company to hire overseas employees and greatly shorten the online employment cycle.
At the same time, in a changing environment, the service provider will provide enterprises with real-time alerts on the latest local insurance and welfare policies to ensure the legal compliance of the entire employment process. The service provider will also provide different responses to various contingencies that may be faced by online employment, truly realizing a worry-free online employment.
Fast Onboarding
If you want to compete for talent, you must first be “fast”. As the saying goes, “fast is the only way to go”, and “fast” has become the key for companies to dominate in the talent market.
As a story goes, when two rabbits met a tiger, one rabbit said, “We can’t run anyway, so let’s not run. At that moment, the other rabbit said: No, I just need to run faster than you.
The hiring process is the same, regardless of the efficiency of the entire employment market is high or low, all you need to do is to be faster than others. By improving the efficiency of the hiring process and seizing the first opportunity in the talent market, companies will get more opportunities and better growth.
In many companies, the right talent is selected through interviews, but their onboarding process is cumbersome and the onboarding cycle is too long. In contrast, some companies have chosen to adopt a more convenient onboarding system. Very often, it is because of this time difference that the talent chooses other companies, which directly causes the brain drain of the company.
Therefore, many companies going abroad choose to entrust service providers to handle onboarding related matters. The onboarding confirmation of the client’s employees is carried out online by the overseas HR team of a high-quality service provider, which is highly professional and truly achieves the onboarding of employees in seconds. In addition, they will also provide the overseas employees with the protection in terms of tax, benefit and salary in advance.
Intelligent Management
Even though the epidemic is raging, the nature of the evolving and rapidly changing global economy is unchanged. In this context, Generation Z continues to flood the talent market, bringing fresh blood to the world economy. While it is necessary and essential for companies to compete for Gen Z talent, it is the appropriate and personalized approach to employee management that will help them retain that talent after winning it.
As the young people of the digital age, Gen Z are sharp-edged, self-contained, and focused on the work experience. For them, a good management system must be smart and convenient to perform various operations on the one hand, and must ensure that the employment process is compliant and humane on the other. The old work system no longer works at this time.
