In this engaging podcast episode, our panel of experts (Connor, Derek Sanders * Michael Leacy) dive into the complex and evolving world of global talent management. As companies increasingly seek the flexibility and scalability offered by contingent workforces, the landscape of employment laws and regulations has grown more intricate. The discussion explores how businesses can balance compliance with innovation while navigating the challenges of managing talent across borders. With a special focus on emerging trends in global employment, this episode provides actionable strategies for HR, Procurement, Talent Acquisition, and Legal professionals aiming to future-proof their workforce strategies.

Key Takeaways:

1. Direct Sourcing Practices:
   • Leverages branding, ATS (Applicant Tracking System) access, and prioritization windows to build talent communities.
   • Scalable programs can lead to significant results, achieving up to 50% hires through direct sourcing in the initial years.
2. Total Talent Approach:
   • Direct sourcing bridges the gap between talent acquisition and contingent workforce programs.
   • Offers candidates flexibility to choose between contract work or full-time employment, enhancing both talent attraction and retention.
3. Future Trends in Direct Sourcing:
   • Companies are transitioning to second- and third-generation direct sourcing programs, incorporating independent contractors and leveraging AI.
   • AI is critical for repeatability, scalability, and data security while addressing privacy and assessment challenges.
4. Market Insights and Adoption:
   • Although only 11% of companies have fully implemented direct sourcing, 34% have partially adopted it, and 52% plan to expand in the next three years.
   • Direct sourcing is seen as a vital innovation, connecting companies directly with workers and nurturing talent pools.
5. Case Study Highlights:
   • A global legal services company adopted direct sourcing to scale contact center and corporate roles.
   • Collaborations involved curators, EOR services, and technology selection with seamless integration into their VMS (Vendor Management System), Beeline.
   • Achievements included building a talent community with over 73,000 candidates, 14 distinct talent pools, and a 34% hit ratio since implementation.
6. Key Success Factors:
   • Internal evaluations, stakeholder alignment, and data-driven decision-making were essential to building the business case.
   • Technology and curation integration ensured operational efficiency and scalability.

Chapters:

1. [00:00-05:00] Welcome and Introductions
   • Meet the host and panelists.
   • Overview of the podcast topic: global talent management and compliance challenges.
2. [05:01-15:00] The Rise of the Contingent Workforce
   • Why businesses are turning to contingent workers.
   • Key drivers: flexibility, cost-efficiency, and scalability.
3. [15:01-25:00] Understanding Employment Compliance Across Borders
   • The complexities of navigating international labor laws.
   • Real-world examples of compliance challenges.
4. [25:01-35:00] Emerging Trends in Global Employment
   • The rise of Employer of Record (EOR) solutions.
   • How technology is reshaping talent management.
5. [35:01-45:00] Practical Strategies for Success
   • Best practices for managing compliance and risk.
   • Insights into creating a resilient and agile workforce.
6. [45:01-50:00] Audience Q&A
   • Expert answers to audience questions on global talent management and compliance.
7. [50:01-End] Closing Remarks and Key Takeaways
   • Final thoughts from the panel.
   • Recap