Moldova is home to many well-educated, strategic-thinking professionals. For businesses in the European Union, this presents an opportunity to hire some of the best minds in math, science, engineering and more.
But tapping into that potential is challenging, making Moldova recruitment agencies an essential element in the collaboration between European employers and Moldovan professionals. Here’s a look at why you should consider working with a recruitment agency to reach top talent outside your company’s location.
About Moldova’s Talented Workforce
The number of people completing their bachelor’s degree in Moldova has steadily increased over the last 20 years. In 2000, just 11.4 percent of Moldovan citizens had attained a bachelor’s degree. By 2022, 20.4 percent have reached this level of education, according to the World Bank Group, a promoter of education worldwide.
And the degrees they are earning are predominantly in science, mathematics and engineering. That means hiring from the area offers critical thinkers, problem solvers and technologically advanced employees. These unique thinkers could be what gives your company the competitive edge it needs.
A Strategic Advantage for European Companies
While the talent in Moldova is well-educated and strategic, hiring from the area provides another benefit: cost-effectiveness.
Eurostat found that the average labor costs in Moldova are almost 60 percent lower than the average labor costs in the EU. Those lower labor costs offer operational advantages. If margins are tight within your business, the solution might be to hire internationally.
The average hourly labor costs for manufacturing in the Republic of Moldova were $3.22 while they were as high as $52.99 in other European countries.
Strategic Geographic Advantages
Hiring from Moldova is also strategic as it connects Eastern and Western Europe. Businesses that extend into Moldova from other European countries can gain logistics and communication advantages, which might allow them to reach additional customers.
Additionally, because of where Moldova is located, many residents have dual citizenship. Hiring from Moldova can simplify the great challenges associated with hiring internationally because attaining a visa or immigration status to bring the employee to your facility is simple. Integrating Moldova talent into your business is often seamless due to dual citizenship.
Plus, Moldova features modern telecommunications infrastructure, such as high-speed internet access. That allows for efficient remote work and collaboration with European teams.
The time zone aligns well with European time zones to allow your team to communicate and collaborate during normal business hours. Most of the workday will overlap for companies located in the European Union.
Moldova also features the second lowest cost of living in all of Europe based on the cost-of-living index. That makes remote work for European companies attractive as their salary goes further while residing in Moldova.
Fewer employees in Moldova go on strike than in other areas of Europe, meaning the workforce is reliable and stable. That way, your business can keep operating smoothly and guarantee some predictability.
The Role of Moldova Recruitment Agencies
Armed with knowledge about why to hire from Moldova, now you have to build a pipeline of skilled workers. And that can be more challenging than you might think if you attempt it on your own.
Working with a Moldova recruiting agency can help you avoid barriers, such as candidates whose first language is different than your company’s primary language or finding ways to get your job opportunity in front of the right people to find talent for your team.
The Association of Recruitment Agencies (ARA) helps you gain access to the deep talent available in Moldova. It oversees the hiring process from job postings to onboarding and paying your new employee. Here are some of the roles a recruitment agency can fulfill for your company.
1. Scalable
Whether you need to hire one expert or you’re looking to build a long-term hiring pipeline, ARA can help. It works with the many recruitment agencies with varying specialties so you can reach top talent for everything from manufacturing to IT. As your business grows, so can your recruiting team to help you gain access to the workforce you need to get the job done.
2. Ethical
While hiring from Moldova offers many strategic advantages, it does not involve corruption or exploitation of Moldovan workers. The ARA team helps ensure proper worker welfare and promotes fair competition among employers.
3. Transportation
Once you find top talent in Moldova, you have to get them to your location, unless you’re allowing for remote work. That means securing bus or flight transportation at affordable prices to keep the strategic advantage of hiring from Moldova. ARA provides fully insured travel at competitive rates so your new employees can get to you on time and at an affordable rate so they are more likely to say yes to the position.
4. 24/7 Support
Managing workers from another country has nuances. You want to know that you’ll have the tools to navigate those nuances as they arise. ARA offers a 24/7 call centre with professionally trained staff. You can reach them via SMS, Skype or Viber to avoid international call rates or other international communication challenges.
5. Simplified Hiring Process
The employer simply needs to prepare a job description with the requirements and the Moldova recruiting agency handles the rest. That means the agency will market the position, accept applications, review the candidates, ensure work permits, get necessary insurance and coordinate transportation for the employee.
Hiring can consume an incredible amount of time for employers. And if the candidate falls through or doesn’t reach the employer on time, it can mean starting over. That simplified hiring process can make all the difference.
6. Recruitment Management software
Working with ARA gives you access to bespoke management software. You’ll see real-time hiring insights for all positions. Review candidates and check on where you’re in the process of welcoming a new team member.
Watching the process within the software can also help minimize delays and move through the hiring process swiftly. The software is secure to protect your information and that of the candidate.
7. High Satisfaction Rates
ARA has a high contract renewal rate, demonstrating the satisfaction of its candidates. Moldova recruiting agencies are committed to reliable, quality service at competitive rates that help you reach top talent while still experiencing cost advantages.
Boosting employee morale is important and ARA is committed to ensuring candidates get paired with employers they’ve worked with. ARA also regularly surveys employees about their experience to ensure all stages of the recruitment and hiring process meet their needs and keep top talent available for employers.
Get Started Hiring from Moldova
Getting started with accessing the diverse talent available in Moldova is simple. Get in touch with the Association of Recruitment Agencies now to start the process. Or if you have questions, you can reach the team on Skype, WhatsApp, Viber or via phone at +373 79 124 089. Experience the hiring difference of working with the experts who can help you hire for specific industries while maintaining compliance with your area’s regulations.