Talent attraction in the era of tariffs: Key strategies for global companies

In today's complex geopolitical landscape, talent management faces a growing challenge: the rise of tariffs. This situation introduces economic uncertainty that directly impacts talent attraction and the retention of professionals. Candidates, especially those with stable jobs, may show greater risk aversion and lower job mobility, fearing the potential negative repercussions on companies seeking professionals in the market.
Impact of tariffs on talent attraction by sector
This situation impacts different sectors unevenly:
- Affected sectors: Companies directly involved in exporting, importing, and manufacturing dependent on imported materials face greater difficulties in attracting talent, as candidates may perceive these industries as less secure.
- Benefited sectors: In contrast, some sectors focused on national production may experience greater ease in attracting talent by offering prospects for growth and stability.
Key skills for professionals in an uncertain labor market
Ante este panorama, las empresas deben adaptarse rápidamente, buscando profesionales con habilidades específicas para afrontar los retos que provoca esta situación:
Faced with this scenario, companies must adapt quickly, seeking professionals with specific skills to address the challenges posed by this situation:
- Experts in international trade.
- Specialists in contract renegotiation.
- Professionals in the search for new suppliers and markets.
- Experts in supply chain optimization.
- Profiles with skills in restructuring and crisis management.
Employer Branding and transparent communication: Pillars of talent attraction
En este contexto, el employer branding y la comunicación transparente adquieren una importancia crítica:
In this context, employer branding and transparent communication acquire critical importance:
- Companies must effectively communicate their strategy to address the situation, highlighting their strength and offering guarantees of stability and growth to potential candidates.
- Transparency in the selection process is essential to build trust and manage candidates' expectations.
Adaptation of selection processes to the new economic reality
Selection processes must also evolve to adapt to the new realities:
- Candidates with a strong long-term commitment, adaptability, and resilience are prioritized.
- Assessments are implemented to identify these crucial skills in changing economic environments.
Practical tips for selection processes in this context
- Proactive and clear communication: Inform candidates about the company's strategy regarding tariffs and how this affects the position and the organization's stability.
- Reinforce the Employee Value Proposition (EVP): Highlight the aspects that make the company attractive, such as culture, development opportunities, financial strength, etc.
- Flexibility and adaptability: Adjust selection processes to the new talent needs and the potential reluctance of candidates to change.
- Invest in employer branding: Ensure that the reputation as an employer is solid and conveys trust and stability.
- Offer guarantees (if possible): Provide certain guarantees of stability or long-term development plans to attract undecided candidates.
Servitalent: Your ally in attracting qualified talent
The rise of tariffs poses significant challenges for talent attraction in the industrial sector. However, companies that proactively adapt to these changes, effectively communicating their strategy and reinforcing their employer brand, will be able to continue attracting the talent needed to thrive.
At Servitalent, our Talent Search service specializes in the identification and selection of middle management and highly qualified profiles, providing companies in the industrial sector with the talent they need to overcome these challenges and achieve their strategic objectives.