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Strategic Workforce Planning for Multinational Companies

Recruitment | Skill Up-gradation | Consulting

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Strategic Workforce Planning for Multinational Companies

Managing a global workforce can prove to be difficult. Multinational companies see many talent shortages, as well as experiencing increased costs and delays in projects. Without a strategy or plan to follow, many of these difficulties can present roadblocks to growth.

Workforce planning is very important when your organisation is hiring global workers. Workforce planning helps you determine future hiring needs, manage company risk associated with your workforce, and streamline your operational efficiency.

We work alongside global employers, assisting with creating workforce strategies that are planned to provide future growth. Dynamic Staffing Services has provided international recruitment services for many years.

Importance of Workforce Planning

Although workforce planning includes hiring workers, it is much more than simply locating workers; it includes ensuring that you have the talent you need at the time you need it, and in the location you need it.

Some of the barriers that companies with a global workforce face include country-specific labour regulations, availability of skills in the country, and local market conditions. The company may also face delays to project timelines and increased costs to operate its business.

The benefits of having a solid workforce plan in place include:

  • Project delays due to hiring will be avoided
  • Costs of the workforce will be controlled
  • Project timelines will be enhanced
  • Compliance with local laws will be assured

An energetic approach to workforce planning will reduce the stress of last-minute hiring demands. Additionally, the organisation will make better decisions through the hiring process, and ultimately, its workforce will be more stable.

Operational Efficiency

A strong workforce plan can assist in creating efficiencies in daily operations. A proper match of an employee to their role will allow work to be completed more quickly and in a more organised way.

In manufacturing, oil & gas, and construction industries, delays associated with accessing skilled workers can create delays throughout an entire project. Thus, strategic workforce planning helps to ensure the availability of the necessary skilled workforce when the company requests it.

Reductions in downtime and increases in productivity will result from the company having the skilled workers they need when they need them.

Risk Management

Global hiring comes with risks. These include visa delays, legal compliance issues, and unexpected labour shortages.

Without planning, these risks can lead to serious business losses.

Strategic workforce planning helps companies:

  • Prepare for labour shortages
  • Stay compliant with local regulations
  • Reduce dependency on urgent hiring
  • Manage workforce turnover

At Dynamic Staffing Services, we help employers identify these risks early and create solutions before they become problems.

Forecasting Talent Needs

One of the greatest difficulties faced by multinational companies is their inability to accurately predict the demand for employees in the future.

Many organisations hire only impulsively due to an immediate need at that moment. This results in organisations making poor employment decisions.

The solution is to build a forecasting system.

Long-Term Talent Pipelines

Planning for long-term employee needs through creating long-term talent pools is essential for workforce forecasting.

Long-term talent pools are determined by understanding the specific skill sets required and then creating a supply of people with those skill sets prior to the need arising.

Example 1:

A manufacturing company that has plans for future growth in production may need to continuously increase their number and supply of CNC Operators.

Example 2:

A construction company may require an increasing number of skilled welders for future construction projects.

By developing long-term talent pools, organisations can:

  • Reduce the amount of time required to hire new employees.
  • Create a higher quality of employed candidates.
  • Eliminate the last-minute disturbance to hire an employee due to a critical need for labour.

Dynamic Staffing Services builds long-term talent pools through ongoing candidate sourcing and interaction to increase the number and quality of employed candidates.

Scalable Workforce Models

Business requirements do not always remain stable or constant. Large-scale projects require a crew of a large number of people for a fixed period; small-scale projects may require a crew of a smaller number of people for a shorter time.

Flexible workforce structures allow your organisation to adjust the number of employees based on demand.

Benefits include:

  • Ability to manage seasonal work or project-based work effectively.
  • Ability to reduce the cost of employment.
  • Ability to maintain flexibility in your organisational structure.

An example of a flexible workforce structure would be an organisation increasing the number of employees required to perform their job during the peak phase of a project. However, they would also reduce the number of employees required after the peak phase ends with minimal cost to the organisation.

We support employers by utilising our flexible Hiring Solutions to meet the employer's operational needs.

Global Workforce Deployment

Finding qualified individuals is part of hiring; however, deploying those employees globally brings about different hurdles.

There are different laws, work cultures, and compliance requirements in each country in which you deploy an employee. If proper planning is not done, companies can potentially experience:

  • Visa or work permit delays
  • Legal penalties
  • Worker dissatisfaction
  • Disruption of a project

Compliance and Legal Support

When deploying a global workforce, you must have strict compliance with the various labour laws in the locations you are deploying to, including:

  • Work permits & Visas
  • Employment contracts
  • Wage regulations
  • Health and safety standards

Dynamic Staffing Services assists in ensuring that the deployment of employees to the various roles is in compliance with the applicable laws.

Cultural and Workforce Adaptation

Every company has its own work culture. Employees are now required to adapt to a new culture, language and way of working from what they had previously known.

If not well handled, it can lead to low worker productivity and significant employee turnover. 

Dynamic Staffing Services will assist you in the successful adaptation to a new culture by:

  • Preparing employees before deploying them
  • Providing basic cultural guidance
  • Providing a smooth onboarding process

This will allow employees to adapt quickly and perform at a higher level.

Dynamic Staffing Services Strategic Support

Dynamic Staffing Services is a strategic partner for multinational organisations, not just in recruitment. Dynamic Staffing Services has been providing full-service international ethical recruitment services to employers across all types of industries since 1977 (Founded by Maj. S. P. Khosla)

We assist employers in creating strong, sustainable and scalable workforce models. 

Talent Sourcing

We find quality talent by searching for high-quality candidates within global markets.  Our talent sources are focused solely on finding the highest quality, most reliable workers possible.

We understand each industry has its own talent needs, i.e. Construction, Manufacturing, Healthcare or Engineering.

Screening and Verification

Employing an improper candidate can create large-scale losses; this is the reason we have an established screening procedure, including:

  • Validation of skills
  • Background check
  • Validation of experience

This allows us to select only those who are qualified for employment.

Deployment and Mobilisation

Our team manages the entire deployment process and provides the following to our clients:

  • Documentation
  • Visa and work permit processing
  • Travel arrangements for workers

This ensures that employees arrive at work sites without delay.

Compliance Support

Global recruiting/ hiring involves many legal requirements. Our team assists Employers in maintaining compliance with:

  • Local labour laws
  • Regulation/ compliance of employment
  • Standards of safety

These benefits reduce businesses’ risk of legal action and protect their business activities.

Long-term Workforce Planning

 

We collaborate with our clients to build long-term workforce plans, which include:

  • Forecasting future needs for talent
  • Developing talent pipelines
  • Creating scalable workforce models

With these strategies in place, our clients can be prepared for future growth.

Ready to Build a Strong Global Workforce?

If you are planning to expand your operations or improve workforce efficiency, our team is here to help. Get in touch with our experts today at clientservices@dss-hr.com!

FAQs

What is Strategic Workforce Planning?

Strategic workforce planning is preparing for future hiring needs, ensuring that the right talent can be accessed at the right time in order to assist in achieving business goals.

Why is Workforce Planning Important for Global Companies?

Global companies are located in numerous countries with different labour laws and worker availability; therefore, workforce planning assists in managing challenges associated with these, reduces risk, and improves efficiency.

How Can Companies Forecast Their Talent Requirements?

The methods for forecasting talent requirements include:

  • Alternative Projects
  • Business Expansion
  • Skill Gaps

Utilising experienced Recruitment Partners such as Dynamic Staffing Services will assist and/or accelerate your forecast efforts.

What Are the Risks of Poor Workforce Planning?

Potential negative consequences associated with poor workforce planning could include:

  • Delayed Projects
  • Workers Shortages
  • Higher Recruiting Costs
  • Compliance Issues

Proper workforce planning will assist in avoiding these negative consequences.

How Does Dynamic Staffing Services Support Global Workforce Planning?

Dynamic Staffing Services provides full-service global workforce planning, including:

  • Workers Sourcing
  • Screening
  • Deployment
  • Compliance
  • Long-Term Workforce Strategy

Dynamic Staffing Services assists companies in developing fully functional global workgroups.

Can Workforce Planning Affect Recruiting Costs?

Yes. Workforce Planning reduces emergency recruitment, corrects candidates' selection processes, and reduces the risk for costly mistakes. All of which allow for greater control of costs and longer-term savings.

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