Work - Expat Magazine
Finance firms in Hong Kong are prioritizing the recruitment of Chinese speakers over English speakers, reports eFinancialCareers. This might come as a surprise to those who assume English to be the most important lingua franca for working abroad. As a matter of fact, the rise of strong regional economies and the localization experienced by these economies during the pandemic has increased the importance of other languages like Chinese, French and Arabic.
Canada, the United States, Australia, Switzerland, Finland, Japan, France, etc. Since last year, countries have started recruiting foreign talent again following the crisis. So if you're looking for new work opportunities abroad, here's how to build your career and grow as an expat.
Many expatriates teach their native language in their country of residence. It is essential to have diplomas to teach in schools or institutions of any kind. Still, it is also possible to do some tutoring, and this does not require any certificate, even if it is recommended. Many learners wish to speak with a native speaker about any subject, thus learning the language and the culture, without going through theoretical courses or working on the basics in an academic way.
All countries around the world are keeping a close eye on inflation. In fact, the levels are particularly alarming in certain countries. Other countries are faring better, but none of them can rejoice for being out of the red zone. Workers are sour and are seeking raises. This would be counter-productive, according to some economists, but is vital, according to others.
Nurses form an integral part of the healthcare system. However, the long hours and stressful working conditions mean that a career in nursing is only for those who truly love it. This article will look at the countries where nursing is in high demand and explore the benefits of working abroad.
An inevitable reconfiguration of the labor market is brewing in Europe. According to the European Commission, the number of digital workers will almost double by 2045, leading to profound changes in the relationship between employers and employees. Given the growing trend of its cross-border workforce, the European Union recognizes the need to step up its legislation to better protect European workers, regardless of the nature of their jobs.
In Canada, employers are required to conduct a Labor Market Impact Assessment (LMIA) before hiring foreign nationals. In other words, they must show that they have not been able to hire Canadians, despite all their efforts. Other countries have similar rules. But do such assessments stand in times of labor shortages?
Careers in science, technology, engineering, and maths (STEM) can be a personally rewarding and lucrative career path. With many countries looking to hire highly skilled workers, people in these disciplines have a great chance to explore different opportunities overseas. This article will examine the benefits of STEM careers and the prospects of working abroad.
Major changes are on in South Africa. In 2021, the government started the reform of its work visa system. On the one hand, South Africans are being prioritized in the labor market, which means that there are even more restrictions on the recruitment of global talent. On the other hand, it wants to tap into the wealth generated by digital nomads by creating new visas to attract them. One thing is for sure: expats should expect sweeping changes in the upcoming months and years.
Whether in the public or private sector, not all jobs are available to foreign workers. This can be because of national defense or to protect the state's interest or simply to boost local participation in particular sectors. Sometimes, bans for expats on certain jobs occur after expats are already working in these positions. Here are how some of these situations have played out around the world.
Recent research by the Massachusetts Institute of Technology (MIT) shows immigrants in the US are more likely to start businesses than native-born Americans. The study takes a wide-ranging look at registered businesses across the country.
In a globalized economy, finance professionals can gain a lot from moving to an international financial hub. It will give them invaluable work experience and add a competitive edge to their CV. Some cities, like New York and Singapore, have a long-standing reputation as financial hubs, while others like Luxembourg are only now emerging as top destinations.
Have you ever considered doing an internship abroad for a unique and enriching professional and personal experience? It can be an excellent way to enhance your skills. However, proper planning is the key to success, as in the case of any move abroad.
Remote working, which was not so popular a few years ago, has been quite widespread since the Covid pandemic and successive lockdowns. Many countries even had to make it mandatory due to health restrictions. In 2021, with massive vaccination and the easing of barrier gestures, most companies reopened. Still, remote work has become the new norm for many employees. Some are even willing to work remotely from abroad, adding pressure to companies' operations and costs.
Nationalization policies, which have been in place for many decades, are being reintroduced or reinforced in several Middle East countries. The objectives are simple: to revive the economy and promote the recruitment of locals. What is the importance of such policies and what are the long-term consequences? How are expatriates experiencing it, and what jobs are open to them?
There are approximately 4.76 thousand international migrants living in Vietnam. The country has become increasingly popular as an expat destination in recent years, and it is recognized as a safe place for foreigners to live and work. However, the local Labour department has tightened the required explanation of enterprises for employing expats, to focus on national labor, according to lawyer specialists.
Faced with labor shortages, countries and companies worldwide are compelled to review their recruitment policies. The newly introduced measures include salary raises, improving work conditions for expats, more straightforward visa processes, reorganization of work, work-life balance, and protection of mental health and well-being. These are expected to attract and retain foreign talent.
Repeated economic crises, including the Covid pandemic, plunged the world into one of the worst recessions in its history. This caused major upheavals in work structures and the rise of remote work and digital nomadism. So, where do expat packages stand amid all this?
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