5 macroeconomic factors affecting global mobility

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Internationalization of the workforce has been an important aspect of the global economy, and this trend is growing stronger lately. It is becoming common for medium-sized or larger companies to hire foreign experts for key roles, while multinational brands often organize international assignment of highly skilled specialists as business needs dictate. Increased global mobility underlines the need for specialized providers like Brunel to assist with the numerous challenges typical for the transition period and ensure high productivity in a culturally mixed workplace.

The trend towards greater mobility is expected to continue due to a number of forces working in concert, including the following factors:

1. Wage differences stimulate employee mobility

The laws of supply and demand create imbalances where workers with certain qualifications might be far better paid in another country. A typical example of vertical employee mobility is the IT industry, where skilled programmers and project managers are constantly in high demand in the developed nations. This situation tends to create a one-way flow of workers, who must go through cultural assimilation and professional specialization on arrival.

economical impact of global mobility