As more and more industries start to face growing talent shortages, businesses are increasingly looking beyond their borders to try to find the right people. The global talent gap, projected to reach 85 million unfilled positions globally by 2030, is affecting nearly every sector, with Canada specifically facing critical skills shortages in areas like agriculture, healthcare, and the skilled trades. This post explores how hiring internationally can help companies fill these gaps, and why it's a sustainable solution for the future.
Canada is currently experiencing skilled workforce shortages across several key sectors. For example, the agriculture sector alone may face a shortfall of over 60,000 workers by 2025, and the skilled trades could experience a shortfall of 1 million workers by 2028. Talent gaps in healthcare, technology, and finance are also expected to grow, with 56% of Canadian employers reporting difficulty finding qualified candidates. These gaps could leave businesses vulnerable, unable to compete and expand.
Primarily, hiring globally gives companies access to a broader and more diverse talent pool. Introducing international employees into your business can bring diverse skills, fresh perspectives, and a more global mindset. By tapping into this vein of talent, companies can not only try and close some of those essential skill gaps, but also add even more value through diversity and fresh perspectives, which can be another catalyst for ideas and growth.
At ThriveON, we understand that finding the talent you need, and then hiring them are only the first steps. Our proprietary “Soft Landing” services ensure that your newly acquired international employees, once found, selected and hired, feel welcomed, settled, and ready to contribute from day one. We assist with all the life-stuff: housing, schooling, cultural training and spousal employment… getting a cellphone, helping to create as seamless a transition as possible from their old lives to their new one here in Canada. In our opinion, nothing is more helpful in reducing turnover and protecting your investment. ThriveON’s services are designed to make hiring from the global talent pool a smooth, viable and sustainable staffing solution for your business.
As you plan for the year ahead, consider where your shortfalls lie, how you would like to fill them, and maybe how international hiring can help your business bridge the widening talent gap. With the right support, you can not only find the talent you need, but also help ensure their success within your company, and in our communities.
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