Experience in foreign markets adds 15 per cent to your salary – as employers are desperate to hire people with experience abroad
As the UK becomes ever-more reliant on contributions from foreign markets, employers are becoming increasingly desperate to hire people with experience abroad.
Or that's according to a new survey, anyway, which suggests people with work experience outside the UK could stand to add 15 per cent to their salaries within one to three years of their return. That's an average of £2,700.
In fact, the research, by the Centre for Economics and Business Research (Cebr) and cosmetics brand L'Oreal, suggested the "productivity increase associated with taking up a more international career" adds £9.4bn to the economy each year.
Read more: Want to work abroad? Here are six tips to succeed
The study also suggested six in 10 of those who have worked abroad reckon they were able to "progress more quickly" within their organisations – while almost three quarters of employers thought the same of their workers.
More than 55 per cent of workers who have spent time abroad said they are more engaged in their roles as a result, while 53 per cent said they're better at bringing in business opportunities.
Some 65 per cent of employers said demand for international career opportunities will increase next year, with most of the demand coming from women between the ages of 25-34, 57 per cent of whom are considering taking a more international role, compared with 29 per cent of men.
Crucially, the study also showed employees at organisations offering international career opportunities are likely to stay four years longer than they would. Employers, take note.
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