Decoding Global Talent, Onsite and Virtual
15.03.2021Company: BCG - The Boston Consulting Group
A study of 209,000 people in 190 countries shows big shifts in the map of global mobility
This is the first in a series about the pandemic’s long-term impact on work.
If, 30 years ago, you had asked somebody from Brazil, South Africa, or the UK which foreign country they would most like to move to for work, there’s a good chance that each person would have offered the same answer.
America. America. America.
But the appeal of the US as a work destination has declined. Canada is now the first choice of foreign workers. Underscoring the shift in attitudes, two Middle Eastern cities and two Asian cities now rank higher than New York on the list of specific work destinations. And, in general, fewer people are interested in leaving their country for a foreign work assignment; the idea itself has lost some allure.
These findings reflect several new factors that have penetrated the world’s consciousness and changed the workplace. The factors—the fallout from a difficult-to-control pandemic and a sharp rise in nationalism—have altered people’s thinking. Businesses and governments must understand these new attitudes and make adjustments of their own in order to ensure they’ll have the future workforce they need.
For this study—our third on global workforce trends, following studies in 2014 and 2018—Boston Consulting Group and The Network surveyed some 209,000 people in 190 countries to find out whether and under what circumstances they would move to a foreign country for work. (See Exhibits 1 and 2.) The lower willingness to move that we found this time undercuts previous narratives about the fluidity of talent in a global economy. But respondents demonstrate flexibility in different ways—about working remotely for a foreign employer, for instance—and executives can take advantage of these developments in the competition for talent.
More information here.
Tags: Human Resources |
