I believe every IT multinational company who aims to expand its business to remote locations will encounter hiring problems. The issue statement is quite simple: talent shortage. According to the remote location talent market research reports conducted by my team, there is a quite limited talent pool in 2nd/3rd tier cities. Recruitment team found hiring difficulties in sourcing, attracting qualified candidates with required skill-sets.
Geo Expansion and HR Challenges
Although China continues on track to meet projections of becoming the world's largest economy, more and more multinational companies have encountered fierce competition and slowing growth in premium market segments and in major top tier cities. These MNCs are now turning to smaller but high potential cities to achieve growth and profitability.
