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Imagine driving a high-performance sports car, every part tuned to perfection – engine, tyres, and everything else except a clunky, outdated steering wheel.
The same happens when Global Capability Centres (GCCs) optimize every function but leave recruitment stuck in the past. GCCs are becoming the heroes of global innovation, streamlining IT, finance, and more.
So, why should recruitment be any different?
Let us dive into why optimizing recruitment is a must for GCCs and how to make it happen.
The stats are jaw-dropping. India alone hosts ~1800 GCCs, employing over 1.9 million professionals. By 2030, expect up to 2,200 GCCs, with 2.5 to 2.8 million jobs and revenues hitting $108 billion.
Things have evolved in the past decade. From just being labelled as back offices and a way to save costs, today’s GCCs have become innovation nerve centres for MNCs. And if you want innovation, you need top talent working with you.
Hence, it would be apt to say that recruitment is the HEARTBEAT of any GCC.
But hiring for GCCs? It’s like trying to find a needle in a haystack while everyone else is looking too.
Here are the big hurdles:
Get recruitment right, and you have a team that is productive, innovative, and sticks around.
Mess it up, and you are dealing with high turnover, unsatisfied employees, and a hit to your bottom line.
If GCCs are all about making things faster, cheaper, and better, why not do the same for recruitment? It is like upgrading from a bicycle to a motorcycle – you get where you need to go with less sweat. Optimizing recruitment means:
In a world where talent is king, an optimized recruitment process is your crown jewel. It is not just about keeping up – it is about staying ahead in the race.
Ready to rev up your recruitment? Here is how to do it:
GCCs have turned into innovation hubs for organizations. These GCCs are now leading the change in R&D, building new products, and strengthening the core business.
Gone are the days when GCCs needed talent strictly according to educational qualifications and previous experiences. Today, they need talent who can think outside the box, someone who can build solutions today to solve tomorrow’s problems.
Think beyond the formal education and bring people who are curious and showcase innovative thinking capabilities.
Technology is your best friend. Use AI to sift through resumes, match candidates, or predict who will thrive.
An Applicant Tracking System (ATS) can keep everything organized. From job posts and candidate profiles to assessment details and onboarding, everything is managed at a single place. And do not ignore data analytics – crunch those numbers to spot where your process is dragging.
Why should someone pick your GCC over the one down the street? Show off what makes you special. Share employee stories, highlight your global projects, and be active on platforms like LinkedIn and X. A strong brand is like a magnet for top talent.
Diverse teams spark innovation, but you have got to hire inclusively.
Use diverse hiring panels to cut bias, reach out to underrepresented groups, and write job ads that welcome everyone. Is it just the right thing or the smart thing to do? You tell us.
Money talks but so do perks. Offer competitive compensation which aligns with the latest market trends. Offer flexible benefits like health plans, wellness programs, or remote work options.
Happy employees stay longer, saving you hiring headaches.
Nobody wants a dead-end job. Offer training, mentorship, and clear career paths. A culture of learning helps you in multiple ways. Does it help in attracting top talent? Yes, and also helps keep them engaged. Think of it as planting seeds for a thriving team.
Stay ahead of the curve with these recruitment trends:
Since becoming the innovation hub for parent organizations, GCCs have cracked the code on optimizing IT, finance, and more. It is time recruitment got the same treatment.
By leveraging tech, building your brand, embracing diversity, offering great perks, investing in growth, and partnering with experts, you can transform your hiring process into a well-oiled machine.
With GCCs set to employ millions more in the coming years, getting recruitment right is not just a nice-to-have – it is a must.
So, what is stopping you? Take a hard look at your recruitment process, try out these strategies, and watch your GCC shine.