Globant S.A. (NYSE:GLOB) Q3 2022 Earnings Call Transcript

We also keep that in mind. So that is our focus on these days. In terms of the — how is this impacting in terms of the region, Latin America is still a very strong demand in tech profiles, and we have been able to be the best place to work in many countries this last couple of months. So I think that the kind of relationship that we have with our employees has been amazing. Our Pulse engagement interviews with them has been very good results. So I think that the kind of relationship and the possibilities we are giving to our employees is really good. So I think that, that is a mix of things. We are keeping, of course, a very short — our KPIs in terms of the utilization, in terms of the attrition in order to be seeing what is happening on everyday basis.

Of course, we are relating on that. But I think that at this point, this is not changing the way we are handling our talent these days. I mean this is — at this stage, we keep on sending by our Globers and of course, engaging with them and trying to be closer now than ever.

Arturo Langa: So our next question comes from Kate Carsten from William Blair.

Unidentified Analyst: Congrats on the quarter. Diving into the talent area a little bit more. So I know that hiring has slowed, but I’d like to know when you do hire now, are there certain skill sets that you’re prioritizing when you do hire?

Patricia Pomies: Well, of course, I mean, these days, I mean, the idea has been — it’s not that we are prioritizing now when skills are different from a month before. The demand is strong for us, and there is some kind of profile that we have been looking in the last couple of years that has to do with the correct talent for Globant. Platform where we are offering the people not only to stay in one project forever in one career forever. They have been the chance to go to many clients the accessibility to go to anywhere they want. So that is the kind of skill set that we are looking at these days. That has to do more with the kind of talent that is appreciating the way to growth. I mean this is related with a company that wants their employees to keep growing faster than ever and be the best version of themselves.

That is the kind of talent that we are still looking. The last couple of months, we have been working very close with some of the specific countries that have been in crisis. And that has to do also with the kind of people that we want in our company to keep growing and to be handling. We have been reorganizing some of the structure the last couple of months in terms of the way we approach our clients, and that has to do with the kind of management that we are putting leading in front of the clients being closer to them. The 100 square program is an example of that. It’s putting our best talent next to our client in order to be partnered with them. So I think that is the kind of the skill set that we are looking people that are really curious that they want to learn, they were to keep growing in a company that is growing, as you can tell by the results this quarter, and we keep on this track.

I mean that is the DNA of the Globant culture right?

Unidentified Analyst: Great. That is helpful. And then shifting gears a little bit. You guys mentioned on the call that you’re putting a targeted focus on Asia Pacific and the Middle East. Can you talk to me a little bit more about the opportunities you see for Globant in those areas?