Fifty-nine percent of employers report that the scarcity of local talent possessing the necessary technical skills is the biggest challenge for human resources departments in emerging markets, according to Mercer's HR & Mobility Challenges of Emerging Markets Survey.
Respondents also report other top challenges, including the difficulties of dealing with complex labor laws at 53 percent and establishing appropriate salary structures at 51 percent.
"In addition to the lack of local talent in most emerging markets, attracting and incenting expatriates that can provide the needed technical and managerial skills is a big issue for companies trying to staff operations in often difficult locations," says Roger Herod, principal of Mercer's global mobility consulting business.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
