The Global Talent Landscape:
Challenges and Opportunities for Recruiting the World’s Top Talent
The global talent landscape has undergone a dramatic transformation since the pandemic. The Dutch job market, in particular, has experienced a surge in demand for talent, with open positions outnumbering available workers. This perfect storm has intensified the need for strategic talent acquisition and retention.
To address the growing challenges in talent acquisition and retention, Settly partnered with the Netherlands Point of Entry to create a comprehensive benchmark report. This resource equips HR leaders with essential insights and data to optimize relocation packages. By establishing industry standards, companies can craft competitive benefits that attract and retain top talent.
Given the extensive nature of the relocation benchmark report, we’ve selected its key trends and insights for 2024. This summary highlights the most critical factors influencing the relocation landscape.
STANDOUT FINDINGS
Key Challenges and Opportunities:
Talent Shortage: The Netherlands, like many countries, experiences a skills gap and open positions outnumber available workers.
Employee Experience: Relocation can be stressful. Providing a smooth transition with a well-structured relocation package is crucial for attracting and retaining top talent.
Strategic Relocation: Companies are becoming more strategic about where they source talent. Recent government changes can impact these decisions.
Data Insights from Settly’s 2024 Benchmark Report:
Employee experience is key: Organizations need to prioritize a seamless relocation process for new hires.
Large companies lead the way: Companies with over 1000 employees relocate the most talent and are more likely to use external relocation vendors (who often report higher satisfaction).
International talent matters: While local candidates are prioritized, 78% of companies actively pursue international talent for up to half of their vacancies.
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