Increasingly mobile workforce top five workplace trend: new report

A new survey of 350 global HR leaders carried out by Randstad Sourceright identifies talent mobility as a top trend shaping the world of work, HR and talent management.

Hong Kong cityscape by night
The Randstad Sourceright 2015 Talent Trends Report, which is based on the opinions and feedback from global HR and talent acquisition leaders from 40 countries, positions mobility at number five in the factors most affecting the shifting workplace.Citing the talent management outsourcing solutions firm’s own Mobility Index research on worker mobility and increased competition in the job market, the study notes that companies are adopting redeployment and workforce mobility to achieve higher productivity and efficiency through a structured approach.Referring to relocation service provider Weichert’s survey finding that 90 per cent of companies either expect their relocation volumes to either rise or hold steady in the coming years, Randstad Sourceright also backs its conclusions with PwC data that projects a 50 per cent growth in mobile worker volumes to 2020 to draw its conclusion.Commenting in the report, Randstad Sourceright’s regional director for Asia Pacific, Doug Edmonds, says, “As globalisation continues to make the world smaller, careers are becoming more varied, and skilled professionals are increasingly more willing and better equipped to take up international opportunities. To encourage these highly skilled mobile professionals to relocate, companies need to understand what motivates them.“With up to 70 per cent of the professional talent pool not actively seeking new roles, employers need advanced sourcing strategies that engage sought-after candidates at the deep end of the highly skilled talent pool — no matter where they’re located.”Drawing on a Randstad Sourceright white paper on talent mobility in Asia, the Sourceright 2015 Talent Trends Report suggests that half of accounting professionals in Asia “would move to Hong Kong for better compensation.”Randstad Sourceright’s study also offers five tips for taking advantage of a more mobile workforce, including:
  1. Creating a talent map to identify employees who would be open to an international career, identifying critical roles and having a plan to fill them quickly.
  2. Consider tapping into the global skills market for hard-to-fill roles.
  3. Be aware of the legal and compliance issues of relocating and mobile employees.
  4. Understanding the value of workers and offer competitive rewards.
  5. Consider mobility as an incentive and way for people to further their careers.
The aging population, multi-generational workforce, diversification and diversity, and the growth of the contingent workforce are other key factors alongside the mobile professional affecting the shifting workplace, which itself is one of six overarching themes affecting the world of work.The shifting workplace is identified in the report as theme one, joined by the rise of the workforce and worker flexibility (theme two), the new war for talent (theme three), unrelenting HR technology (theme four), the roadmap to HR transformation (theme five) and the evolution of new strategic talent solutions (theme six).Robert Lopes, president, recruitment process outsourcing for Randstad Sourceright, concludes, “Constantly changing business needs, the evolution of talent management technology and the need for HR to be more strategic all contribute to a challenging environment for today’ s HR professionals.“With the release of the talent trends report, organisations benefit from a comprehensive field guide to the complexities of the current talent landscape, as well as the strategies that will help them succeed.”Follow the links for more Re:locate news and features on talent management and HR.

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