Many Indians willing to go overseas even for 10% hike: Survey
More than a quarter of employees in India are willing to relocate overseas for two to three years even if they get a 10 per cent pay hike, says a survey.
"About 28 per cent of employees in India strongly desire to relocate overseas for a full-time job for two to three years with a 10 per cent pay increase and another 39 per cent would consider the option given an opportunity," according to the survey by research firm Ipsos.
Further, 27 per cent Indian employees say they are 'very likely' to relocate to another city in India if they were offered a full-time job opportunity in the near future, for a minimum of two years with at least a 10 per cent pay raise and all moving expenses covered.
Besides, another 48 per cent of respondents are 'somewhat likely' to consider the option of relocation within India.
The main reasons for employees to relocate abroad include better pay, better living conditions, a good career move to get international experience and a new adventure.
"It is interesting to observe that employees from developed countries like Sweden, USA, Australia, Canada, Belgium, Germany, Japan, Great Britain, and France are least likely to relocate compared to employees in developing countries like Mexico, Brazil, Russia, Turkey and India," Ipsos India Head (Marketing Communications) Biswarup Banerjee said.
"This clearly indicates that employees in developed countries still believe their national economy will rebound strongly and provide them enough good job opportunities to grow in future," he added.
The survey, conducted among 12,907 employees in 24 countries, said that 19 per cent of respondents globally would 'very likely' take a full-time job in another country for two to three years with a 10 per cent pay increase.
Those most likely to say they would relocate internationally were from Mexico (34 per cent), Brazil (32 per cent), Russia (31 per cent) and Turkey (31 per cent), the survey said.
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