Understand the Market and the Employees’ Needs
Mexico maintains one of the strongest and most significant economies in Latin America and draws a lot of talent and investment globally. Due to external factors like Covid-19 or raising inflation, Mexico’s labor market is always changing. Since companies face a shortage of talent, they need to make efforts in attracting staff through various incentives. Considering the growth of Generation Z in the world of work as well in consumption, businesses realize that performance and growth of this new potential market is digital. As a result, it is key to understand what employees value in the mexican work environment.
Remote Work & Interviews
As in many countries worldwide, the COVID-19 pandemic accelerated the move toward remote employment in Mexico. Due to the fact that many workers have grown acclimated to working from home and have come to appreciate the advantages of a flexible work environment, it is anticipated that this trend will continue even after the epidemic has passed.
Similary, remote interviews became essential. Conducting interviews remotely is not only flexible, but also allows easier involvement of other departments in the interview and selection process. Although it has become a popular trend, remote interviewing is not without its difficulties. It might be challenging to present oneself in a professional manner. However, it is becoming more and more typical and technology certainly supports collaboration in the hiring process.
Digital Transformation
In order to make sure that businesses can effectively find talent, technology is an essential asset for the recruiting team. Softwares can support and power a more flexible hiring procedure. Thus, recruiters reduce the amount of manual work they do and concentrate on more strategic activities, such as managing resumes, arranging interviews, and informing hiring managers and candidates about the interview process. Platforms also enable to monitor crucial KPIs.
Furthermore, recruiters are extending their reach and using platforms like LinkedIn, Facebook, Twitter, Instagram, and more to locate top prospects and engage with them on social media. Certainly, social recruiting continues to grow among younger generations.
Find out more about Recruitment KPI’s:
9 Recruitment KPIs to Measure Success in Your Organization – AIHR
Valuing Soft Skills
Technical expertise and experience are undoubtedly crucial today, but many businesses in Mexico tend to focus more on soft skills. In order to do this, recruiters emphasize the candidates’ teamwork, communication, and adaptability qualities. This is partly because teamwork and communication are becoming more important in remote work environments, but it also reflects a wider trend toward more all-encompassing hiring methods.
Demand for Bilingual Talent
A sizable and expanding expat population as well as a sizable number of multinational enterprises operate within the borders of Mexico. As a result, bilingual talent is in great demand for, especially in English and Spanish. In today’s globally connected world, bilingual skills bring a competitive advantage.
Emphasis on Diversity and Inclusion
Talking about expats in Mexico, companies realize that diversity and inclusion within the workplace promises success. Many businesses are actively looking for applicants from a variety of backgrounds and are making efforts to improve the inclusiveness of their workplaces. Growing awareness of the advantages of diversification and a desire to further social justice and equality are the trends driving this movement. It produces a favorable employer brand. According to statistics, companies with diverse workforces and welcoming work environments are more productive and profitable. Recruiters are in charge of locating and including a larger diversity of applicants in the talent pool as many firms seek to increase the diversity of their workforces.
Make your Company a Inclusive Workplace.
Learn more here: Inclusion, Diversity & Equity | Expertise | Baker McKenzie
Talent Analystics
A supportive trend is the use of analystics. Recruiters find out which sources work out the best, how much time they need per hire, how long it takes to fill open positions and how much the company invests per hire. Subsequently, it is possible to predict future trends in hiring personnel. Hence, analytics are helpful throughout the talent acquisition process to identify areas of strength and weakness and to support data-driven decision-making.
Conclusion
Overall, a variety of economic, social, and technological variables are accelerating the development of the Mexican labor market. Recruitment is evolving quickly, from employing someone electronically to broadening the view of the possible labor pool. Those who can adjust to the shifting environment will benefit from the excellent opportunities it offers.