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Tanner Menzies adopts global sourcing to combat skill shortage


Executive recruitment specialist Tanner Menzies has created a new position to help employers combat severe skills shortages in Australia. International Talent Manager Denise Cole is already enabling organisations in the banking and finance sector to bypass fierce domestic competition for candidates by sourcing talent offshore.

According to Tanner Menzies, skills shortages are now at a level where companies and organisations need to look to new avenues to find the staff they need. Denise will help employers struggling to recruit banking and finance professionals in Australia by taking global sourcing out of the too hard box.

Cole joins Tanner Menzies after spending six years in the recruitment industry in Australia, the United Kingdom and Europe, and has succeeded in sourcing workers from offshore for employers across a range of sectors, including banking and finance.

Cole said that global sourcing is paying off for firms willing to take the leap. In particular, they have been able to recruit professionals from key centres like London and the United States.

This has meant that employers have been able to fill important roles while also benefiting from candidates’ expertise in more advanced markets.

With research showing that Australia will be short of 270,000 people with technical level qualifications over the next 10 years, Cole said that global sourcing offers benefits that employers cannot afford to ignore.

By taking the job search to the global arena, employers no long have to compete for the same diminishing local talent pool. Many international banking and finance professionals also bring a global perspective and level of technical expertise that domestic candidates cannot match.

Cole added that a number of factors give Australian employers a competitive advantage in the global recruitment market.

Australian employers often have a great focus on work-life balance than their overseas counterparts. Add the quality of life that Australia has to offer as a country, and you have a strong employment value proposition, particularly for foreign nationals and ex-pats considering coming home to raise a family.

As part of the Vedior global network, the world’s large specialist staffing services company, Tanner Menzies is ideally positioned to respond to the necessity for global talent sourcing. The company’s international links, combined with modern communications technology, also mean that global sourcing is much easier than in the past.

Videoconferencing and email communication offer potential employers and global candidates personal, face to face interview experiences. Information can be exchanged easily, and the visa process has become much smoother.

With the traditional hurdles to global sourcing largely removed, the only thing holding Australian employers back from this opportunity is their willingness to do things differently.

30-Jul-2007
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