Wednesday, November 5, 2014

Would you move abroad for a job?

http://money.cnn.com/2014/10/05/pf/working-abroad/index.html?iid=SF_BN_River

A new survey found 64% of people worldwide say they would be game to cross borders for their careers. Respondents from less developed economies - such as Pakistan, Jamaica, Honduras and Ghana - were much more willing to uproot themselves than workers in more stable economies. But France and the Netherlands broke that mold: More than 90% of the French and Dutch respondents said they'd be willing to go abroad. By contrast, less than half of the American, British and German respondents felt the same way. Location, of course, makes a difference when choosing a new place to live. Among those who said they were willing to work abroad, non-U.S. citizens said they would most like to work in the United States, while Americans looking to ex-patriate said the United Kingdom would be their top destination.Survey takers also chose their favorite cities for jobs. Among all respondents, the top 10 cities were London, New York, Paris, Sydney, Madrid, Berlin, Barcelona, Toronto, Singapore and Rome.Even though the global workforce has become more mobile than ever, not every type of worker is eager to pack her bags. The BCG survey found that 70% of engineers, particularly those in information technology and telecommunications, were willing to go abroad. Far less willing were those who worked in the fields of health and social work, with only about half saying they'd take a job in another country.
It makes sense that people from less developed economic countries would be more willing to go abroad and work in different countries.  However, the significant part of this article is that not only are less developed economic countries are willing to go abroad but the more stable economies are willing also.  I believe this can become a second option for workers and we may start to see more of this. I think most people would want to work where they are born but if other countries have more to offer, i don't think being open to relocation is a bad idea.  Only certain countries and cities have what it takes to attract people and make them move abroad.  



4 comments:

  1. Its interesting to see how willing developed countries like France and the Netherlands were willing to move to another country for a job. I think that statistic might be a little thrown off because different countries are so much closer in Europe than in the U.S, so its a little easier to move across borders than we think. Also, I can see why underdeveloped countries workforce wants to go abroad. When your standard of living is terrible in your home country, working anywhere else always seems like a better option.

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  2. It is not too surprising that many people worldwide are willing to travel for work. The United States was bound to have a lower interest in traveling for many reasons such as job availability, GDP per capita, and overall happiness. Also, most Americans are predominantly english speaking, whereas other countries promote their home countries language as well as english. Many people in Europe most likely work all around the continent because of its size, but that is not as easily accomplished in the United States.

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  3. It comes down to a matter of tastes and preferences in my opinion as I believe that many other factors are taken into consideration during a new job search such as the employment opportunity, job growth, the cost and standard of living etc. I also feel that different professionals have a different take upon the matter.

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  4. I feel like this has more to do with individuals and a culture, rather than the economy. In my opinion, people in the younger generation are more willing to travel and work abroad than they have been before. Especially those in more stable economies, because they can actually have the means to do so, rather than people from more less developed economies.

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