Why foreign personnel?
Two of the main staffing challenges for an employer are; salary/compensation and retention. We offer qualified overseas personnel at lower compensation rates than comparatively sourced locals. Our workforce will stay as long as you wish because our candidates are looking to become permanent residents of your country.
The Covid-19 lockdowns have shifted the labor market pendulum from the employer holding the cards to employees creating an ever more competitive labor market for top talents.
Other advantages are:
1. Experienced, qualified, dependable, and hard-working workers
2. Maintain capital flow and growth in times of domestic talent shortage
3. Reduce sourcing, landing, and onboarding costs
4. Enhance corporate image among international customers
5. Improve employee relations through increased diversity
* Due to the labour shortages crisis affecting local to global economies, most developed economies have government hiring subsidies. Please ask your assigned consultants about the incentives in your country. *
COVID sees millions quit their jobs in the ‘Great Resignation’
Economists are observing an unexpected side-effect of COVID in the US with millions of people quitting their jobs, a part of what's being called the ‘Great Resignation'. A trend predicted to affect most developed economies.
Why rich countries are so dependent on migrant workers?
“The International Labour Organisation estimates that there are 169 million international migrant workers in the world, making up almost 5% of the global workforce. The majority work in, and are integral to the fast development of high-income countries, but at what cost?”
Asia
Known as the world’s factory, Asian economies, from China to India to Japan to the Asian tigers, bear the brunt of labour shortages in supply chains causing rippling effects on the global economy.
Japan enables Phased Measures toward Resuming Cross-Border Travel
Japan resumes its "Phased Measures toward Resuming Cross-Border Travel. Frameworks that enable cross-border travel between Japan and certain countries and regions.
South Korea proposed tweaking the laws to open the door to citizenship
The proposed changes aim to increase the working workforce to reverse the effects of an aging population. The government announced another solution, the expansion of the issuance of F-2 visas for foreign talented workers in promising sectors.
Authorities are planning to introduce a new visa category promoting remote work for exceptional foreign talent in IT and other cutting-edge fields.
Taiwan’s CECC announces adjustments to regulations for foreign nationals in response to the COVID-19 pandemic
“The aforementioned persons requiring special permission refer to those who have received approval from R.O.C. central competent authorities or agencies, such as white-collar workers, migrant workers, and foreign students.
In addition, foreign nationals who obtained special entry permits on or before December 30, 2020, from R.O.C. overseas missions will still be allowed entry.”
European Union
Combined, the EU has the largest economy in the world. It has consequently a big labour force needs. In the first quarter of 2021, Eurostat reported a job vacancy rate of 2.1%.
The European Union proposed new EU Blue Card Rules for 2021
The European Parliament and the Council agreed to the proposed changes to the EU Blue Card, part of an overall plan to revise the European Union's migration policy. It aims to address the labour and skills shortages within the EU by attracting more skilled professionals to European countries. These changes’ goal is to also retain highly qualified workers, assuring further economic growth.
* The EU has multiple hiring incentive hiring programs, both Continental and Regional. *
Middle East
Brookings.edu reported “Pandemic highlights the vulnerability of migrant workers in the Middle East“
The Arabian Business reported “UAE likely to see $50bn skilled labour gap by 2030.” But Butbloomberg says “Dubai turns the page on Covid-19 with hottest jobs market in two years.”
Saudi Arabia eases 'kafala' system restrictions on migrant workers
Saudi Arabia relaxed foreign workers' sponsorship terms. A new significant labor reform initiative (LRI) was introduced in March 2021. Millions of foreign workers benefit from improving job mobility.
United Arab Emirates eases immigration procedures
The UAE says it will grant citizenship to foreign residents for the first time. UAE Vice-President and Dubai ruler Sheikh Mohammed bin Rashid al Maktoum said those eligible would include investors, specialised talents, doctors, engineers and artists.
New residency guidelines for foreigners via ‘green visa’ were launched!
North America
Recent statistics have shown that 20% of Canadians voluntarily have quit and are looking for work. The highest job vacancy rate since 2015 with 682,835 vacancies as of April 2021. The numbers indicate that it will get worse.
The US Bureau of Labor Statistics reported a turnover rate in 2020 was 57.3% and there were 10.9 million vacant jobs as of July 2021. A record 4.3 million quit their job in August
Canada eases immigration rules
The 2021-2023 Immigration Levels Plan revealed that the Canadian government aims to ease regulations and requirements to meet the challenges of an aging workforce and addressing labour shortages. Canada plans to welcome 401,000 new permanent residents in 2021, 411,000 in 2022, and 421,000 in 2023. It is on track to reach the ambitious 2021 immigration target!
* Canada has multiple programs, both Provincial/Regional and Federal. *
The White House announced a sweeping immigration bill!
Urged by the U.S. Chamber of Commerce, the White House plans to modernize the immigration system. “The bill will stimulate our economy while ensuring that every worker is protected”.
Oceania
The critical skilled worker shortage crisis in Australia is estimated to be worth in the billions.
2020 covid-free New Zealand its 2021 lockdowns come at a steep economic cost, $290 million a day!
Australia announced the updates to its migration programs for 2021-22!
“In 2021-22, the Migration Program Skill stream will continue to focus on visa categories that will help Australia’s economy rebound from COVID-19, with priority given to visa cohorts that drive economic growth, job creation and investment into Australia.
The three priority categories within the Skill stream for 2021-22 are:
Business Innovation and Investment Program
Global Talent Visa Program
Employer-Sponsored Program
These visa categories provide investment, talent and critical skills to Australia, and are well-positioned to assist Australia’s economic recovery.“
* Australia has multiple programs, both Regional and Federal. *
Immigration New Zealand adapts to changing immigration demands
“On 19 July 2021, changes were made to Essential Skills visas to streamline application processing and increase visa duration. information about updated settings to Essential Skills visas in response to COVID-19.”
* New Zealand investing $3 billion to invest in regional economic development through the Provincial Growth Fund (PGF). *
United Kingdom
Brexit and Covid have caused UK employers to struggle with the worst labour shortage since 1997. From the trucking industry to agricultural to supply chains to health service sectors.
The United Kingdom adding eight occupations to the 'Shortage Occupation List'
Alleviate the toll on the health care system, Pharmacists, Physiotherapists, Nursing auxiliaries and assistants, and Senior care workers were added to the “healthcare or education shortage list”. Bringing the number of listed “Skilled Worker visa: shortage occupations” to 30!
* The UK has “a range of government programmes, some of which offer financial incentives, are available for employers who are considering hiring employees.“ *
