It’s been a strange and challenging time for most of us: our health and wellbeing threatened, our movements profoundly restricted, and our routines of work and play utterly reshaped.
Last year, as the coronavirus pandemic was taking hold across the globe, we asked expatriates why they had moved (pre-Covid-19) abroad for work. Our commissioned piece of multi-market research, conducted by Ipsos MRBI, revealed three main reasons for people going cross-seas for work: to earn more money, for personal development, and to achieve a better work-life balance.
Unsurprisingly, 49 per cent of respondents said they moved abroad for work for ‘financial reasons’/’to earn more money’. We know that expat assignments can be costly, as employers facilitate the relocation for the assignee and their family. These assignments are valuable and so too, are the positions held by those that take them. Uprooting one’s life to another country is not easy, so it makes sense that many do so for financial reward. That said, many individuals embark on their own journey abroad for work, in seek of new employment. Perhaps there are fewer opportunities in their field at home, or other markets simply have better rates of pay for a given line of work.