- The Talent Pool will be set up as an EU-wide online platform that will match profiles of jobseekers from outside the EU with job vacancies for shortage occupations of EU employers.
- Its Talent Pool would facilitate the recruitment of talent from third countries who live outside the EU.
- The goal is to make the EU labour market more competitive and to tackle shortages on the European labour market.
How the EU Talent Pool Would Work
Jobseekers from third countries will be able to register their profiles on the Talent Pool platform and provide information about their skills, qualifications, work experience and language knowledge. The platform will also contain job vacancies from employers in the EU (in participating member states).
As the EU Talent Pool is meant to tackle the problem of labour market shortages, only job vacancies that refer to designated national or EU-wide shortage occupations will be listed on the EU Talent Pool.
Participation in the Talent Pool will remain voluntary for member states. When member states decide to join the scheme, they should indicate which entities are allowed to take part in the Talent Pool – employers, temporary work agencies, private employment agencies or labour market intermediaries.
The Council has also put in place a withdrawal procedure, with clear rules and a number of safeguards to ensure stability in the system. According to the Council, a participating member state may withdraw from the EU Talent Pool at any time. However, it must notify its decision to the Commission not later than 6 months before the desired exit date.
Next steps
The Council will begin negotiations with the European Parliament to finalize the legislation.
Erickson Insights & Analysis
Erickson Immigration Group will continue to monitor developments and share updates as more news is available. Please contact your employer or EIG attorney if you have questions about anything we’re reporting above or case-specific questions.