Global professionals on the move 2014

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The findings of our report, which track five years of global workforce patterns show that we now have a worldwide talent pool to draw candidates from. Geographic and cultural boundaries as an impediment to hiring have dropped away during the recession as candidates and companies alike have come to understand that they need to consider a global market. As we emerge from the recession, the war for global talent will only intensify and clients will need to think clearly about how they will attract the best talent.

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Global professionals on the move 2014

  1. 1. Copyright ©2014 Hydrogen Group plc. All rights reserved Global professionals on the move —2014 fifth edition
  2. 2. Copyright ©2014 Hydrogen Group plc. All rights reserved Now in its fifth year,the report examines the experience,attitudes and priorities of highly qualified,high earning professionals with regard to working abroad. For companies - it provokes debate on how to attract and retain the best global talent. For candidates - it explores the long term career advantages international experience gives. 2,444 respondents 99countries Summary #GPM2014
  3. 3. Copyright ©2014 Hydrogen Group plc. All rights reserved Gates 28-48 Gates 3-27 Gate A1 FIRSTCLASSFIRSTCLAS SBoardingpass 27MAY 0730 GMR14 22B 52AZONEB ALEX BIGLAN D LONDO N MALAY SIA ALEX BIGLAN DLONDO N MALAY SIA GMR14 27MAY52A B 22B FIRSTCLASS FIRSTCLASS Boardingpass 27MAY 0730GMR14 22B 52A ZONEB ALEX BIGL AND LOND ON MAL AYSI A ALEX BIGL AND LOND ON MAL AYSI A GMR 14 27MAY 52A B 22B 35% Competition for global talent is growing The number of professionals who want to work abroad has more than doubled since 2010, from 16% to 35% Copyright ©2014 Hydrogen Group plc. All rights reserved #GPM2014
  4. 4. Copyright ©2014 Hydrogen Group plc. All rights reserved 5 10 15 20 25 30 35 40 45 50 55 60 65 70 7580859095100105 110 115 120 125 130 135 140 145 150 155 160165170175180185190195 200 205 210 215 220 225 230 235 240 245 250255260265270275280285290 295 300 305 310 315 320 325 330 335 340 345 350 355 0 98% 62% 72% 83% A maturing market of experienced professionals This year, our survey revealed that almost two thirds of respondents had already or were currently working abroad. That means there is a wealth of experienced and highly- skilled professionals willing to work internationally. Plan to stay longer than three years Already abroad and willing to stay longer than initially planned Professionals who have worked abroad would recommend it Professionals were working abroad or had worked abroad already Copyright ©2014 Hydrogen Group plc. All rights reserved #GPM2014
  5. 5. Copyright ©2014 Hydrogen Group plc. All rights reserved Why work abroad? The reasons a professional may choose to work abroad rarely mirror the reasons a company may need its top talent to move overseas. New experiences Earning potential Career prospects Benefits 78% had seen financial benefits to moving abroad Copyright ©2014 Hydrogen Group plc. All rights reserved #GPM2014
  6. 6. Copyright ©2014 Hydrogen Group plc. All rights reserved Strikingly, respondents in this year’s survey had the most positive attitude towards international experience of the last five years, with 40% of those already abroad citing no barriers to relocating. 78% had seen financial benefits to moving abroad 39% Jobs 34% Relocation packages / Work permits and Visas 16% Economic climate 24% Jobs / Work permits and Visas Professionals that are already abroad Professionals with no overseas experience #GPM2014 Fewer barriers today Top barriers to finding a job abroad
  7. 7. Copyright ©2014 Hydrogen Group plc. All rights reserved Preferred relocation destinations LONDON SYD SYDNEY 03NEWYORK NYC 02 LONLONDON 01 SINSINGAPORE 05 SANFRANCISCOSANFRANCISCO SFO 04 ZÜRICH//SWITZERLAND ZRH 06 LONDON CDG PARIS 07 YVRVANCOUVER 08 HKGHONG KONG 09 MELBOURNE MEL 10 USA 01 UK 02 Australia 03 Switzerland 04 Canada 05 Germany 06 Singapore 07 UAE 08 France 09 Spain 10 Hong Kong 11 China 12 Norway 13 Belgium 14 Netherlands 15 01 London 02 New York 03 Sydney 04 San Francisco 05 Singapore 06 Zurich 07 Paris 08 Vancouver 09 Hong Kong 10 Melbourne Top 15 relocation countries Top ten relocation cities Copyright ©2014 Hydrogen Group plc. All rights reserved #GPM2014
  8. 8. Copyright ©2014 Hydrogen Group plc. All rights reserved Building a better understanding of BRICS BRICS – Brazil, Russia, India, China and South Africa. More than two thirds of respondents are willing to relocate to BRICS with personal growth opportunities being the biggest draw. SA CHINA INDIA RUSSIA 88% 82% 71% 49% 41%Life Sciences Finance Technology Oil & Gas Power Specialist sectors that relocate to BRICS BRICS relocation obstacles Security Language Family #GPM2014
  9. 9. Copyright ©2014 Hydrogen Group plc. All rights reserved Return homers: an untapped resource This year, for the first time, the survey separated out those currently working abroad from those who had returned home from an international opportunity. Better job opportunities at home Secondment ended Family reasons Copyright ©2014 Hydrogen Group plc. All rights reserved #GPM2014 categorised themselves as ‘return homers’27% Main reasons for returning home
  10. 10. Copyright ©2014 Hydrogen Group plc. All rights reserved Recruiters still preferred over social networks The rise of social media has helped reduce barriers to working abroad, however those professionals wanting to relocate continue to use recruiters to benefit from their specialist local knowledge and expertise and their ability to broker the best deal. helppoint LinkedIn Recruitment consultants and headhunters Current employer Friend / colleague Advertisements #GPM2014 How professionals found their role abroad
  11. 11. Copyright ©2014 Hydrogen Group plc. All rights reserved What’s changed in the last five years Despite a back drop of the worst economic recession in decades, we have seen during this time a steady growth in the number of respondents who have experienced, or are interested in working abroad, and the figure now stands at almost 100%.   C A R E E R P R O S P E C T SC A R E E R P R O S P E C T S   J O B O P P O R T U N I T I E SJ O B O P P O R T U N I T I E S WHAT’S CHANGED IN FIVE YEARS The number of professionals who think their career pros- pects have improved as a result of international experi- ence in the last five years has risen from 17% to 25% The number of job opportunities over the past five years has increased from 24% to 44% Copyright ©2014 Hydrogen Group plc. All rights reserved #GPM2014
  12. 12. Copyright ©2014 Hydrogen Group plc. All rights reserved Hydrogen is a global recruiter solving the talent shortages of some of the world’s leading organisations. We make it our business to understand our clients and their markets, advising them on their resourcing needs, whether for a highly specialised role or to meet large scale requirements arising from a project within their business. Hydrogen’s success is built on the ability of our consultants to find experienced, high quality professionals no matter where they are in the world. We form lasting relationships with our candidates, having a positive impact throughout their career. www.hydrogengroup.com ESCP Europe is the world’s oldest business school. Founded in Paris in 1819, the School provides postgraduate and executive-level business education at five European campuses (Paris, London, Berlin, Madrid and Torino), and globally via a broad network of academic partners. www.escpeurope.eu Want to find out more? Read the full report here>> Go to our blog page>> Visit our website>> #GPM2014 For more information please contact Alex Bigland at Hydrogen alexandrabigland@hydrogengroup.com or +44 (0)20 7090 7739
  13. 13. Copyright ©2014 Hydrogen Group plc. All rights reserved Twitter: @hydrogengroup Google+: +hydrogengroup LinkedIn: hydrogen group Website: www.hydrogengroup.com Visit our blog: www.news.hydrogengroup.com Research by: Hydrogen Group and ESCP Europe Designed and produced by: Hydrogen Group Additional imagery courtesy of www.shutterstock.com Copyright ©2014 Hydrogen Group plc. All rights reserved

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