Everyone knows the world is getting smaller - that's been true since the invention of the locomotive and the telephone - but with nonstop airline flights and social media reaching more and more remote corners of the Earth, can employers turn the globe's shrinking size to their advantage without ceding too much control? America still has the world's largest economy, and U.S. companies can largely recruit at will from all six inhabited continents, but retaining employees in such a globalized climate is an entirely different animal.

Frederik Ballon, PeopleFluent's director of sales and operation for Europe, the Middle East and Africa, and Dr. Nazneen Razi, one of the co-authors of "Winning with Transglobal Leadership: How to Find and Develop Top Global Talent to Build World-Class Organizations," tell EBN that flexibility is key to any new business model's success. Ballon, who works with people commuting both ways across the Atlantic, warns not to be seduced by what many are calling a jobless recovery into believing they can cherry-pick top talent.

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