Freezing weather and frozen wages see Britons migrate
A recent study shows that two-thirds of British workers packing up and leaving for jobs overseas are being motivated by poor job prospects and a lack of salary increases. Of those surveyed, 66 per cent reported they were earning more than in their previous UK jobs, with 80 per cent felling more secure financially as a result.
The survey was commissioned by Lloyds TSB International, with its CEO Richard Musty agreeing that the trend nowadays amongst ambitious workers is to relocate abroad to improve their prospects. Different countries, he added, attract different employment sectors, with the manufacturing and financial services and manufacturing industries losing an increasing number of workers to overseas opportunities.
Overseas employers are stepping up to the post in offering attractive relocation packages, especially for those with families to consider, with 55 per cent of respondents being offered a moving allowance, 50 per cent on a housing cost allowance and 43 per cent granted flights home. A better quality of life was another factor evident in the survey results.
At the present time, the majority of migrating Brits are sourcing new positions in the IT sector, followed by manufacturing and financial services. The majority of technology jobs are in Germany, with South Africa the destination of choice for those in the manufacturing industry.
Related Stories:
- Brits looking to emigrate may have problems selling their UK properties - April 10, 2020
- Brit expats confirm UK weather is a major reason for emigration - March 20, 2020
- Best of British and tropical weather attract UK expat retirees - February 6, 2020
- British in Italy expat campaign group clarifies Britons� 2020 rights - December 18, 2019
- Would-be UK expat retirees urged to choose non-frozen pension destinations - October 28, 2019
- Has Brexit wrecked Britons� overseas retirement dreams? - September 23, 2019
- Sweden frozen out as a favourite destination for expat talent - September 18, 2019
- Britons escaping Brexit effects should choose Ireland�s most friendly city - August 16, 2019
- Exclusive Switzerland top of the rest for expat wages and career progression - July 17, 2019
Latest News:
- Tips on a trouble-free relocation as an expat overseas - July 20, 2020
- Expats find peace in the covid-19 refuge of Dahab town - July 20, 2020
- Is Kuwaitization the unintended result of the oil price crash? - July 20, 2020
- Expats unhappy abut changes to Korean points-based visa system - July 17, 2020
- Chiang Mai and Bangkok no longer bargain locations for expats - July 17, 2020
- Expats in Malaysia still banned from overseas travel - July 17, 2020
- Vietnam welcomes expats to its safe, affordable lifestyle - July 16, 2020
- Asian tiger economies reach out to expats in Hong Kong - July 16, 2020
- HSBC Asia to cut back on internal expat relocations - July 16, 2020
- Tips on integrating for newly-arrived expats - July 15, 2020