American Employees Have a Strong Desire to Work Abroad, But Rarely Take the Opportunity
New
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2019
Gen X is as motivated to be an expat as Millennials
Seventy one percent of Gen Xers are interested in an expat experience, which is statistically equivalent to Millennials (75 percent). Despite the clear interest among both generations, only 12 percent of Gen Xers have ever gone on an expat assignment, versus 19 percent of Millennials. When asked what would motivate them to take an expat assignment, both groups indicated working abroad appeals to their desire for trying new things and sense of adventure:
|
|
Millennials |
Gen X |
||
|
45% |
52% |
||
|
45% |
46% |
||
|
45% |
46% |
||
|
32% |
36% |
||
|
29% |
36% |
For employers, this is an opportunity to engage a significant segment of their workforce. As the 2019
Expat assignments can boost talent acquisition and retention strategies
Employee interest in temporarily relocating abroad for work is an opportunity for savvy employers to promote their expat programs as a compelling talent acquisition tool. Interest in expat assignments is also more or less consistent across
Although “increased salary” (44 percent) is one of the top three reasons for wanting to be an expat, money is not the only motivator for wanting to go global. “The desire for a new experience” comes out on top (45 percent) followed by “curiosity/sense of adventure” (41 percent). Employers can leverage these motivators to not only identify the best candidates for current expatriate opportunities, but to draw the attention of potential new employees who are looking for more than monetary gains from their workplace. For example, higher-income employees, or those with over
“Thanks to globalization, communications advancements, and a general appetite for acquiring experiences rather than things, it’s no surprise that the desire for expat experiences remains strong,” says
Research Methodology
This report presents the findings of a CARAVAN survey conducted by Engine among a sample of 1,004 adults comprising 502 men and 502 women 18 years of age and older. The online omnibus study is conducted twice a week among a demographically representative
About Engine
Engine is a new kind of data-driven marketing solutions company. Powered by data, driven by results and guided by people, we help our clients make connections that count—leading to bottom line growth, an inspired workplace and business transformation. With global headquarters in
About
1 When asked “How interested would you be in taking an expat assignment,” the respondents who answered positively was the same across US regions: Northeast (68%), Mid-West (70%), South (64%), and West (69%).
2 74 percent are interested, vs. 64 percent of all others.
3 46 percent cite as a motivator, vs. 21 percent of all others.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190731005577/en/
mansura.ghaffar@metlife.com
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