66% of US workers would move abroad for a better-paying job—here's where they'd go (via CNBCMakeIt)
The opportunity to move abroad for work doesn't present itself every day, but for the majority of Americans, they'd take it if it meant earning more money.found 66% of U.S. workers would move abroad for a substantially higher salary, a share that slightly edges out the 59% of workers around the world outside the U.S. who'd do the same.
Higher pay would be the biggest motivator for Americans to work abroad, according to the survey. Slightly fewer U.S. workers would emigrate if it meant improving their work-life balance in a different country or to search for a more meaningful career . And just about half would leave the country if moving abroad was the only way to hold onto their current job.that these findings could indicate the need for U.S. companies to get more competitive with pay and benefits.
"Part of what this says is, while the talent shortage is very much alive in the U.S., workers have not seen the increase in salary they would like to see, and they are willing to move abroad to work globally and also improve their overall wellbeing," she says.HSBC's latest expat survey showed the average 18 to 34-year-old's salary rose 35% after relocating overseas, from $40,358 to $54,484. In some markets, earning potential rose by as much as 51%.
American workers most want to work in the U.K., Canada and Australia, the survey finds. A lack of language barrier is one reason why, and Chavez says U.S. workers may be more likely to have family members in these countries to provide the beginnings of a social safety net in a new environment."Some other countries have strict work-life balance policies that tend to favor employees," Chavez says. Most full-time workers in the U.K.
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