Indians are still attracted to West when it come to employment – Although, India is dubbed globally as land of opportunities, majority of Indians want to go abroad to work. That’s the finding by Work monitor report released by Ma Foi Randstad.
And if you think money is the criteria for the move abroad, you are wrong. The report states that while globally, less than a third of the respondents are willing to move abroad for a job without a pay hike, employees in India do not have a problem with relocation – Infact, majority of them are willing to do so!
Indians have highest Mobility Index ranking across the world of 144 followed by Brazil, China & Mexico. Also, younger Indian’s (18 – 34 years) are more willing than older ones (35 to 64 years)
Highlights of the Work Monitor Report:
- 45% of the workforce believes in focus on promotion, while 34% believe in doing something
different. - On average 8 out of 10 employees expect to receive a pay hike, bonuses and additional employment benefits in year 2012.
- Although the general economic outlook was gloomy in 2011, close to 80% employee feel that their organization had a good year except for senior executives. 64% of Employees with salary of 10 Lakh p.a and higher felt their organization had a good year.
- A very high proportion (81%) of men expect to work beyond their retirement age and a nearly equally high proportion of women (74%) expect to work beyond their retirement age.
It is a known fact that Indians want to move abroad, because of better infrastructure, better pays, better standard of living among other things. However, over last decade, Indian cities have also grown and pay scales have risen drastically. Yet the propensity to move abroad has not lessened. Although, we have been constantly hearing of reverse brain drain, interest of going abroad remains very high among Indians.
I have a question for readers – Do you think this trend will remain in coming years as well? or do you think, given the growth India is expected to have in coming years, more and more people will prefer to stay back and explore more opportunities in India itself?