Competitive advantage in talent retention in a globalized society

UEES - Universidad Espíritu Santo > Noticias > Competitive advantage in talent retention in a globalized society

For centuries migration has been an alternative of individuals to change its horizons and experience different opportunities of professional growth.

Nowadays developed countries are taking advantage of unstable situations in developing nations and try to attract foreign skilled workers.

It is an obvious positive direct relation between openness of a country and its economic achievement. Diverse methods are used to attract foreign skilled workers; one of the most successful methods is the point system which is based on the academic and professional background of the individual, in which the host country welcomes the immigrant providing all sorts of opportunities and social stability.

Canada, New Zealand, and Australia nowadays are three of the most popular destinations for skilled workers who are fleeing unstable economies, escaping persecution and corruption. These countries welcome these workers with open arms, offering them from the beginning all sorts of educational opportunities, discounts in housing, cultural orientations and immersion programs for newcomers.

Competitive advantage in talent retention in a globalized society

Research and development in the Information technology, biotechnology and physical sciences sectors are the top fields of studies that developed countries seek and welcome from their foreign workers.
Some of the factors that push skilled workers away from their home countries are corruption, unclear competitive rules, a weak judicial system, lack of education and social repression.

One of the most relevant cases is the African country of Malawi, in which most of its medical professionals are literally escaping to the United Kingdom due to more attractive salaries and a strong social service program given by the state. Andean countries such as Venezuela, are facing nowadays a rampage of professionals leaving the country and establishing themselves in countries like the US, United Arab Emirates, Oman, Canada, and Australia.

Our nations are constantly suffering from several political instabilities causing a constant exodus of prepared professionals, leaving at the same time a huge gap that can be dangerous in critical sectors such as medical personnel.

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