Younger workers are increasingly willing to become internationally mobile to boost their career prospects, new research has found.
According to the findings of a survey by global recruitment firm Hydrogen, published on 26 August, members of Generation Y – those born in the 1980s and 1990s – see working abroad as less of a challenge that the previous generation and more as a natural part of their chosen careers. The Hydrogen survey found that:
- nearly half of Generation Y respondents surveyed (48 per cent) were willing to work abroad. In contrast, less than a quarter of 40 to 60-year-olds were willing to relocate for work
- 81 per cent of Generation Y respondents who had worked abroad said that it had improved their career prospects
- 71 per cent of Generation Y respondents would be prepared to move to a BRICS country (Brazil, Russia, India, China and South Africa).
Hydrogen said that companies that understand how to retain and incentivise Generation Y employees would have available a workforce that was happy to be “truly global” and prepared to work hard for the right development opportunities and experiences.
Tim Smeaton, Hydrogen Group chief executive, said: “As the generation that has had the most relative exposure to the technological revolution and its impact on globalisation, it is not surprising that barriers to working abroad have all but disappeared for Generation Y.
“Generation Y’s answer to the slow economic growth is to embrace the concept of global citizenship and the opportunities it offers for personal fulfilment and career development.”
Wherever in the world workers from Generation Y – or any generation – or move to work or live, having in place comprehensive private medical insurance cover is a wise investment that can provide real peace of mind for individuals and their families.
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