What You Need To Know About Recruitment In Mongolia
For a variety of reasons, staffing and recruitment in Mongolia is one of the most difficult obstacles a firm might face when entering the Mongolian market.
Limited Talent Pool:
Mongolia has a limited pool of multilingual workers, owing to a deficient English language education system, a low birth rate, and some cultural characteristics.
Salary is crucial, and it must be competitive, but promises of stratospheric growth and market dominance are unlikely to be taken seriously unless your firm already has a blue-chip worldwide presence and clearly huge finances.
Main Considerations for Hiring Mongolian Employees
It’s not as simple as posting a job ad and then accepting applications to find talent in Mongolia. In Mongolia, job advertisements get extremely poor response rates, especially if they are not translated into Mongolian.
How to Source Mongolian Talent
a. The Network Power:
Mongolians place a high importance on developing connections and cultivating trust, both of which are valuable assets. As a consequence, businesses may take use of their networks’ potential by asking for referrals.
b. Recruitment Agencies:
Recruitment consultants are well-versed in Mongolia’s cultural peculiarities as well as strategies for attracting and retaining qualified personnel. Recruitment experts can assist you in highlighting your unique selling features and benefits in order to persuade qualified individuals to make the transition.
c. The Internet:
Mongolians value their privacy and are wary about disclosing personal information on the internet. In Mongolia, for example, LinkedIn has seen relatively sluggish development. This might be due to a fear of seeming boastful and a reluctance to reveal personal information (such as real names) online. Social media sites like Twitter and Facebook, on the other hand, have grown in popularity because they provide anonymity and allow users to join up using usernames rather than their real identities. This means that the internet has not been as effective as it has been in other countries in locating talent, but this may be changing — particularly for younger Mongolian prospects.
Multilingual secretaries, for example, are far easier to come by than bilingual sales managers, and bilingual women outnumber bilingual men in the workforce. You’ll need enough data to compare prices and provide an accurate picture of the typical hiring timeline. The time it takes to go from start to finish on a search is generally around three months, but that is providing you have all of your ducks in a row beforehand.
Consider cultural differences throughout the interview process, and seek assistance from a seasoned local recruiter or other businessperson if feasible.
Here is Employment Regulations & Social Security
Questions about recruitment in Mongolia? Contact us.