Category: Talent Mobility

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United States Migration Patterns: Where are People Moving To?

United States Migration Patterns: Where are People Moving To?

A recent study by United Van Lines tracking 2018 United States migration patterns shows which states people are moving to.  According to the study, the top 5 states experiencing the highest rates of inbound migration are:

Top 5 States Growing due to United States Migration Patterns

  1. Vermont
  2. Oregon
  3. Idaho
  4. Nevada
  5. Arizona

To understand these patterns, it is best to look at a number of local as well as national trends and how these trends impact each state.

Vermont

Vermont benefits from United States migration patterns impacting employment and jobs. This state has a relatively small population compared to other states. Therefore, significant growth in employment is due mostly to people moving to the state to take new jobs or as a transferee within their company. Vermont industries experiencing exceptional growth include:

  • Renewable and Clean Energy including the highest number of solar jobs per capita in the nation
  • Tourism and Outdoor Recreation including top destinations for skiing, camping, and hiking
  • Food Processing including craft beer, cheeses, and maple products
  • Financial Services and Insurance including #1 ranking in the world for assets under management in captive insurance

Vermont is also well known for its beauty, with mountains, lakes, and four distinct seasons. The state has many pristine areas, and tourism is a significant industry. As a result, retirement is another factor driving United States migration patterns with Vermont as a choice retirement destination.

Oregon

Oregon benefits from United States migration patterns impacting employment and jobs. The state’s economy is one of the fastest-growing in the nation. This is due in part to significant job growth in the manufacturing sector including:

  • Computer and electronic products
  • Machinery
  • Primary metal

Oregon’s landscape includes mountains, lakes, rivers, forests, and waterfalls. The natural areas encourage an outdoor lifestyle, and several state parks are ideally situated for camping, hiking, biking, and boating.

Idaho

Idaho has seen growth from United States migration patterns relating to retirement. More than half of movers into the state were in the age range between 55 an 74 years old. New residents to Idaho gain access to several lifestyle features they could not have in more populated areas, including:

  • Outstanding National Parks
  • Mild climate with four seasons
  • Neighborhood walkability
  • Low cost of living
  • Educational and cultural centers

Idaho has a relatively low estimated population of 1,790,000 residents. Comparing Idaho to other states, population density is 19.8 people per square mile versus the national average of 434.9 people per square mile. New York by comparison has 419.0 people per square mile. Idaho is known for wide open spaces.

Nevada

Nevada benefits from United States migration patterns impacting employment and jobs. Most migration to the state is for people to take a new job. The state’s growth industries include:

  • Tourism including Gaming
  • Clean Energy Initiatives including Solar, Wind, and Geothermal
  • Mining including Gold, Silver, and Lithium
  • Aerospace and Defense including several Air Force Bases
  • Information Technology powered by a strong Digital Infrastructure

With no income tax, low property taxes, and a warm climate, retirees find Nevada a welcoming place. Around half of movers into the state were in the age range between 55 an 74 years old.

Arizona

Arizona benefits from United States migration patterns relating to retirement. Most of the moves to Arizona were for retirement, followed closely by moves for a new job or as a transferee. There are several reasons people choose Arizona for retirement, including:

  • Generally pleasant climate
  • Exceptional natural attractions such as the Grand Canyon
  • Low cost of living
  • Greater number of retirees for social groups
  • Tax-friendly policies

Arizona is increasingly diversifying its economy, with growth in a number of industries including:

  • Bioscience Research and Development
  • Technology and Innovation
  • Manufacturing including High Tech
  • Aerospace and Defense including top ranking University Programs
  • Business and Financial Services including Data Centers

According to a new economic report by State Policy Reports, Arizona ranks #3 in the nation for economic momentum. The momentum is based on Arizona’s growth in categories such as population, employment, and personal income.

What Do United States Migration Patterns Mean for Employers?

Employers in the states of Vermont, Oregon, Idaho, Nevada, and Arizona benefit from United States migration patterns that draw a variety of new residents. Growing industries with burgeoning job opportunities tend to generate additional jobs. As a result, communities grow in population and related services are needed such as housing, retail, insurance, and child care. Demand for employees may be strong in these states and many other locations, especially during tight labor markets.

What Should Employers do About United States Migration Patterns?

Employers in locations that benefit from United States migration patterns should review their company’s growth plans and requirements for jobs across all levels of skill sets. A company’s growth plans will impact the number and type of jobs required to meet business plans and goals.

Since the nation is experiencing low unemployment, employers should review their talent acquisition and management programs to ensure they remain competitive to attract and retain new hires and transferees. Relocation Management Companies (RMCs) can provide expert assistance to employers to benchmark their relocation policies and add enhancements that attract talent.

Conclusion

GMS’ team of corporate relocation experts has helped thousands of our clients develop relocation programs that attract and retain qualified employees. Our team can help your company determine how to leverage United States migration patterns for talent acquisition and management.

GMS was the first relocation company to register as a .com, created the first online interactive tools and calculators, and revolutionized the entire relocation industry. GMS continues to set the industry pace as the pioneer in innovation and technology solutions with its proprietary MyRelocation® technology platform.

Learn best practices from Global Mobility Solutions, the relocation industry and technology experts who are dedicated to keeping you informed and connected. Contact our experts online to discuss your company’s relocation program needs. Since United States migration patterns may lead to a growing local population and potential future workforce, be sure your company’s relocation program supports talent acquisition. Give our experts a call at 800.617.1904 or 480.922.0700 today.

Request your complimentary relocation policy review

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Career Services Job Market Job Seekers Talent Mobility United States Economy

In the 2019 USA Job Market, Which Cities are the Best Places to Find a Job?

The 2019 USA job market has been growing over the past several months. According to the U.S. Department of Commerce Bureau of Economic Analysis, the nation’s economic performance continues on a strong pace. This promises a future economic outlook of additional growth and healthy employment levels.

The 2019 USA Job Market Benefits Some Cities

2019 will see several job market trends impacting cities. Many companies are seeking to relocate jobs to cities that offer lower costs. Several cities in the USA (as well as foreign countries) will benefit from this trend. Another trend is a push towards greater technology usage throughout organizations. Employees who are comfortable with technology and rapid change may thrive in new opportunities.

What Characteristics do the Top 10 Cities in the 2019 USA Job Market Share?

The top 10 cities in the 2019 USA job market share several characteristics. Many of these cities exhibit several of the following traits:

  1. Center for technology and innovation
  2. Residents with a high level of education
  3. Traditional sunbelt destination
  4. Exceptional natural beauty and amenities
  5. Major global city in its own right
  6. Near other major employment centers
  7. State and local government policies welcome business investment

What are the Top 10 Cities in the 2019 USA Job Market?

According to WalletHub, the top 10 Cities in the 2019 USA Job Market are:

  1. Scottsdale, AZ
  2. Columbia, MD
  3. Orlando, FL
  4. San Francisco, CA
  5. Colorado Springs, CO
  6. Portland, ME
  7. Plano, TX
  8. Washington, DC
  9. Boston, MA
  10. Chandler, AZ

Scottsdale is the top city in the 2019 USA job market to find a job. The city is one of only two (the other is Columbia, MD) that made the top 10 in the study’s two significant indicators:

  • Job Market
  • Socioeconomics

How Arizona Cities Fare in the 2019 USA Job Market

Several cities in Arizona are seen as ranking high for job seekers, including:

  • Scottsdale #1
  • Chandler #10
  • Tempe #14
  • Gilbert #39
  • Peoria #41
  • Phoenix #53
  • Mesa #65
  • Glendale #68
  • Tucson #105

Scottsdale maintains a significant focus on job creation. According to the city’s 5 Year Economic Development Strategic Plan, the city focuses on policies and programs that:

  1. Meet economic objectives to control inflation while promoting sustainable growth and employment
  2. Improve the city’s business climate
  3. Provide services including infrastructure, city parks, and medical access for the disadvantaged

Also, Scottsdale Airport is one of Arizona’s premier corporate jet facilities. It is located nine miles north of downtown Scottsdale, and is known as a significant generator for the 2019 USA job market. It is also within easy driving distance to a number of world-class golf courses, luxury hotels, upscale resorts, a variety of shopping experiences, and exquisite restaurants. The airport hosts two renowned Flight Based Operators:

In October 2018, the International Association of Golf Tour Operators (IAGTO) named Scottsdale as the IAGTO North American Golf Destination of the year for 2019. IAGTO notes that Scottsdale has over 330 days of sunshine, and features exceptional courses for leisure and championship play including:

What Does This Mean?

Job seekers in the 2019 USA job market should look at Scottsdale, AZ, as a top place to find a job. Several other cities in the USA are also great places to find a job. Job seekers have a wide variety of locations to consider when looking for a job, from Maine to California, and from Colorado to Arizona. Employees looking for jobs should consider cities that rank high as a best place to find a job.

What Should Employers in the 2019 USA Job Market do?

Employers currently in a best place to find a job should examine their hiring needs and identify candidates using pre-hire assessments. They should work with a qualified Relocation Management Company (RMC) that can provide a full range of pre-decision services. Employers may consider relocating new hires or transferees to fill positions in these cities. If so, they should provide transferees and their family members with as many valuable resources as possible to help increase relocation success.

Conclusion

GMS’ team of global relocation experts has helped thousands of our clients understand how to fill positions in the 2019 USA job market. Our team can help your company understand how to use pre-hire assessments to identify qualified candidates. Also, we can help your company design a relocation program following industry best practices that results in higher relocation success rates and greater transferee satisfaction.

Global Mobility Solutions is proud to be named and ranked #1 Overall, and #1 in Quality of Service by HRO Today’s 2019 Baker’s Dozen Customer Satisfaction Survey.

Learn best practices from Global Mobility Solutions, the relocation industry and technology experts who are dedicated to keeping you informed and connected. Contact our experts online to discuss your company’s need to fill 2019 USA job market positions, or give us a call at 800.617.1904 or 480.922.0700 today.

Request your complimentary relocation policy review

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Employee Development Job Market Job Seekers Labor Force Talent Management Talent Mobility

How Diversity and Inclusion Initiatives Deliver Results

Many companies want to develop diversity and inclusion initiatives. However, employers may not be fully aware what these initiatives entail. They also may not understand the link that such initiatives have to their business growth plans and profitability targets.

Why do Companies Need Diversity and Inclusion Initiatives?

To understand why companies need these types of programs, it is helpful to understand workplaces of the recent past. Personnel Today’s spotlight on the 1980s workplace shows:

  1. Many workplaces with a higher number of male workers
  2. A personal recruiting process lacking technology
  3. Less variation in candidate educational backgrounds
  4. Job seekers presenting qualifications with little confirmation by way of background checks
  5. Higher levels of employee loyalty

Clearly this time period was less understanding of the benefits relating to diversity and inclusion initiatives. Since then, greater emphasis alongside regulations have been implemented to promote diversity in the workplace.

What is the Situation Today?

In the 2000s, technology is changing the workplace in several ways. Additionally, companies are responding to changing demographics, global expansion, and competition for labor with greater skillsets and technical training. The Winters Group’s review of corporate diversity training programs from 1964 to the present highlights changing corporate objectives. Many industry best practices for diversity training are driven by corporate growth plans and profitability targets.

McKinsey & Company’s research shows there is a strong business case for diversity and inclusion initiatives. Many corporations understand that diversity and inclusion initiatives are vital to achieving objectives, given these facts:

  1. Top performing companies on both profitability and diversity exhibit higher gender diversity on executive teams
  2. Diverse leadership teams result in higher financial performance
  3. Higher performing companies exhibit higher levels of ethnic and cultural diversity
  4. Local context with regard to diversity measures matters in understanding corporate performance
  5. Companies with the least gender, ethnic, and cultural diversity are least likely to attain average profitability performance

What do Diversity and Inclusion Initiatives Entail?

The 2018 Worldwide ERC® Global Workforce Symposium session on diversity and inclusion initiatives shows several levels of diversity to consider.

Basic diversity includes:

  • Age
  • Gender
  • Nationality
  • Race

Expansive diversity includes:

  • Historical Influences
  • Cultural Influences
  • Political Views
  • Educational Differences
  • Lifestyles
  • Pace of Life Variations

Deeper consideration of diversity and inclusion initiatives cover:

  • Value Systems
  • Personality Traits
  • Sexual Orientation
  • Languages
  • Heritages
  • Gender Identification
  • Mental/Physical Abilities
  • Economic Position
  • Family Status
  • Religious Belief Systems

Diversity and inclusion initiatives require levels of understanding and clear expectations. Employees need to understand laws and rules that govern workplaces. They should understand how different social behaviors impact the workplace, and the effect of local cultures and norms on employees and their performance.

Companies that want to develop these types of programs should work with global mobility professionals. A Relocation Management Company with knowledge and experience can provide expert guidance on various aspects of programs. As a result, companies will be better able to attract diverse and inclusive new hires and retain highly skilled talent.

What Should Employers do for Diversity and Inclusion Initiatives?

Employers should understand the value of these types of programs. They should consider examining their current corporate structures and employment situations as they relate to diversity and inclusion. Employers should determine how diversity and inclusion initiatives that impact talent acquisition and management may increase their ability to reach corporate objectives.

Conclusion

GMS’ team of global relocation experts has helped thousands of our clients develop hiring and recruiting programs to attract highly skilled job seekers through diversity and inclusion initiatives. Our team can help your company by using industry best practices to design your relocation program. This will increase your company’s ability to attract and retain new employees across all levels of diversity.

GMS was the first relocation company to register as a .com. The company also created the first online interactive tools and calculators, and revolutionized the entire relocation industry. GMS continues to set the industry pace as the pioneer in innovation and technology solutions with its proprietary MyRelocation™ technology platform.

Global Mobility Solutions is proud to be named and ranked #1 Overall, and #1 in Quality of Service by HRO Today’s 2019 Baker’s Dozen Customer Satisfaction Survey.

Contact our experts online to discuss your company’s diversity and inclusion initiatives, or give us a call at 800.617.1904 or 480.922.0700 today.

Request your complimentary relocation policy review

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Job Market Job Seekers Labor Force Talent Management Talent Mobility

Baby Boomers Increasing in the United States Job Market

Baby Boomers are increasing in the United States job market. This generation’s employment gain in 2018 is unmistakable. Baby Boomers are increasing both in total number of employees and as a percentage of new hires. What is driving this phenomenon?

December 2018 Job Growth by Sector

A look at job gains in December 2018 may provide a few clues to the growth of Baby Boomers in the job market. The job gains are noteworthy for how widespread they are across sectors of the economy. Sectors by order of job gains:

  • Private Education and Health Services: Up 82,000
  • Leisure and Hospitality: Up 55,000
  • Professional and Business Services: Up 43,000
  • Construction: Up 38,000
  • Manufacturing: Up 32,000
  • Retail Trade: Up 24,000
  • Government: Up 11,000
  • Wholesale Trade: Up 8,000
  • Other Services: Up 8,000
  • Financial Activities: Up 6,000
  • Mining and Logging: Up 4,000
  • Transportation and Warehousing: Up 2,000
  • Utilities: Unchanged
  • Information: Down 1,000

Interestingly, some sectors showing job gains represent types of jobs that require higher education, experience, and skill levels than some other sectors. However, sectors such as Information that had driven significant job growth in the past may be undergoing structural changes or be further impacted by government restrictions related to immigration and visa status.  The US Bureau of Labor Statistics Current Employment Statistics Highlights December 2018 Report includes a special note regarding Information jobs: “Within the sector, telecommunications lost 26,000 jobs in 2018, while other information services added 17,000.” Monthly job data tends to be volatile in nature. As a result, trends are difficult to discern when looking only at monthly data.

2018 Job Growth by Age Distribution

A look at job gains throughout the entire year of 2018 might provide more helpful information to understand why baby boomers are increasing in the job market. Over 2.9 million new jobs were created in 2018. Select age distribution across all of the 2018 new jobs shows a disparity in hiring patterns.

Age Distribution of Workers in New 2018 Jobs

  • 55 and over: Represent less than 24% of the workforce, but took 49% of new jobs

(Workers age 25-54 represent 64% of the workforce, but took only 45% of new jobs)

  • 45-54: Decreased overall
  • 35-44: Gained but smaller than their share of workforce
  • 25-34: Gained strongly
  • 18-19: Represent 2% of the workforce, but took 11% of new jobs

Why are Baby Boomers Taking New Jobs?

The growth of Baby Boomers in the job market is due to a number of factors. Baby boomers as a whole tend to be more health conscious than their parents and grandparents. As a result, they have a longer life expectancy than previous generations. This generation is unique in its pursuit to create a new way of health living. As a result, their desire to live well includes better nutrition, healthy activities, and the pursuit of social activities including employment that lets them engage with similar populations.

Also, Baby Boomers in the workforce tend to be better educated. This in turn increases their likelihood of remaining in the labor force for a longer period, as more job opportunities are open to them. Some job seekers may benefit from career services that offer powerful tools to help them find jobs that can use their experience.

Changes to social safety net programs such as Social Security benefits and employee retirement plans also play a factor in Baby Boomers choosing to work longer. Greater life expectancies mean Baby Boomers need more savings and reserves for their retirement years. This is especially true as government programs continue increasing minimum retirement ages for full benefit eligibility.

Jobs for Baby Boomers

The US Bureau of Labor Statistics notes that employment of workers age 55 and over is greatest in the following job types:

  • Management, Professional, and Related Positions
  • Sales and Office
  • Service
  • Production, Transportation, and Material Moving
  • Natural Resources, Construction, and Maintenance

Within these job types, specific occupations have a greater concentration of Baby Boomers. Many of these occupations require significant experience and skills that add to the job holder’s credibility. Other occupations require an affable personality and openness to working with the public. Finally, several of these occupations require unique and significant leadership skills.

Occupations Requiring Artistic and Creative Skills

  • Furniture Finishers, Cabinet Makers
  • Jewelers, Gem Finishers, Metal Workers

Occupations Requiring Great Care and Attention to Detail

  • Archivists, Curators, Museum Technicians
  • Medical Transcriptionists, Medical Coders
  • Proofreaders, Editors, Reviewers, Copy Readers
  • Tax Preparation Professionals

Occupations Requiring Openness to Working with the Public

  • Bus Drivers, Taxi Drivers, Uber/Lyft Drivers
  • Property Managers, Real Estate Managers, Community Association Managers
  • Real Estate Brokers, Real Estate Sales Agents
  • Travel Agents, Tour Guides

Occupations Requiring Unique and Significant Leadership Skills

  • Clergy, Priests, Religious Leaders
  • Legislators, Government Representatives, Elected Officials

Other Factors Driving Baby Boomers to Remain in the Job Market

Flexibility in the job market provides greater opportunities for Baby Boomers to consider employment. Part-time positions often allow employees to work alternate schedules that fit their lifestyles. Also, another option Baby Boomers often choose is self-employment, opening their own businesses around special interests or services. Many freelancers over the age of 55 use supplemental gig work to fund their future retirement plans. Freelance work appeals to Baby Boomers because it lets them prioritize what is most important to them.

What Should Employers do to Attract Baby Boomers?

Employers should be aware of the growing number of Baby Boomers in the workforce. They should consider structuring positions to accommodate workers with higher education levels. Employers should also consider examining their employment requirements with respect to full-time, part-time, and gig work schedules. This will help employers appeal to the greatest number of job seekers.

Additionally, employers should examine their relocation program’s benefits. Relocation programs should be designed to provide companies and their employees the resources and they need to ensure a smooth and successful relocation process. A robust program should account for ongoing employee support services, supplier management, candidate selection, relocation benefits, and expense management.

Conclusion

GMS’ team of global relocation experts has helped thousands of our clients develop hiring and recruiting programs to attract highly skilled job seekers. Our team can also help your company by using industry best practices to design your relocation program. This will increase your company’s ability to attract and retain new employees across all age groups, including Baby Boomers.

GMS was the first relocation company to register as a .com. The company also created the first online interactive tools and calculators, and revolutionized the entire relocation industry. GMS continues to set the industry pace as the pioneer in innovation and technology solutions with its proprietary MyRelocation® technology platform.

Global Mobility Solutions is proud to be named and ranked #1 Overall, and #1 in Quality of Service by HRO Today’s 2019 Baker’s Dozen Customer Satisfaction Survey.

Contact our experts online to discuss your company’s recruiting, hiring, and relocation program needs, or give us a call at 800.617.1904 or 480.922.0700 today.

Request your complimentary relocation policy review

Categories
Domestic Relocation Domestic Relocation Tips Job Seekers Labor Force Talent Management Talent Mobility

What are the Fastest Growing Jobs in North Carolina?

What are the fastest growing jobs in North Carolina? Many job seekers look to find opportunities in regions that experience positive economic growth. North Carolina has the 15th highest percentage change in Gross Domestic Product in the nation through mid-2018. The Southeast region as a whole continues to experience high economic growth, including North Carolina. North Carolina’s two largest metropolitan areas, Raleigh and Charlotte, are among the fastest-growing cities in the nation.

Fastest Growing Jobs in North Carolina

Any list of the fastest growing jobs is subject to change, depending on economic factors including industrial production, global trade, and even weather patterns. However, recent studies show the fastest growth in these jobs:

Mathematics and Finance Jobs

  • Statisticians
  • Credit Counselors

Information Technology Jobs

  • Operations Analysts

Healthcare and Medical Jobs

  • Nurses
  • Occupational Therapists
  • Physical Therapists
  • Physician Assistants
  • Home Health Aides
  • Diagnostic Medical Sonographers
  • Physical Therapy Aides

Highlight on the Fastest Growing Jobs in Charlotte

Charlotte is the largest city in North Carolina. As a result, it offers the most opportunities for job seekers seeking the fastest growing jobs. Charlotte has a diverse industrial base and is the county seat of Mecklenburg County.

A few of the largest Industries in Charlotte include:

  • Manufacturing
  • Retail Trade
  • Hotels
  • Finance
  • Restaurants
  • Healthcare
  • Social Services

Recently, Charlotte has become the second largest financial center in the nation, following New York City. However, the title for second and third largest financial center changes frequently between Charlotte and its close rival San Francisco. Much of this growth is due to Bank of America, the nation’s second largest bank by assets. Bank of America has been increasing its assets and maintains its headquarters in Charlotte. The Charlotte Chamber of Commerce President Bob Morgan notes that the number of banking and finance jobs in the metropolitan region rose 16.2 percent over a ten year period. These are a few of the fastest growing jobs in Charlotte.

What Should Job Seekers do to Find the Fastest Growing Jobs?

Job seekers should investigate the fastest growing jobs in North Carolina for opportunities. A number of resources are available to learn about jobs and careers in North Carolina. Professional networks such as Linkedin provide information on companies and contacts. Job seekers may want to focus on a specific location such as Charlotte, and then narrow down their search by industry to job type. Job seekers should utilize professional career services to enhance their job search and achieve success in their career objectives.

What Should Employers do?

Employers should examine their employment needs as economic growth fosters competition for job seekers with requisite skills and training. They should review their relocation program to determine if it benefits their talent acquisition goals and corporate objectives. Employers should work with a Relocation Management Company that has the knowledge and expertise to help them design a relocation program that promotes global talent acquisition.

Conclusion

GMS’ team of global relocation experts has helped thousands of our clients develop hiring and recruiting programs to attract highly skilled job seekers. Our team can help your company determine how to attract job seekers looking for the fastest growing jobs in North Carolina, or any other location around the world.

GMS was the first relocation company to register as a .com. The company also created the first online interactive tools and calculators, and revolutionized the entire relocation industry. GMS continues to set the industry pace as the pioneer in innovation and technology solutions with its proprietary MyRelocation™ technology platform.

Global Mobility Solutions is proud to be named and ranked #1 Overall, and #1 in Quality of Service by HRO Today’s 2019 Baker’s Dozen Customer Satisfaction Survey.

Contact our experts online to discuss your company’s recruiting, hiring, and relocation program needs, or give us a call at 800.617.1904 or 480.922.0700 today.

Request your complimentary relocation policy review

Categories
Global Relocation Global Relocation Tips Global Relocation Trends Talent Mobility

What is Driving São Paulo’s Business Startup Culture?

Companies seeking growth opportunities in South America quickly gravitate to Brazil and São Paulo’s business startup culture. Brazil’s mammoth city boasts one of the world’s most vibrant business technology ecosystems. São Paulo is also home to South America’s largest startup environment. The city proper is the largest in Brazil, with a population of over 12 million residents. The greater São Paulo metropolitan area ranks as number three in the world by population, with over 27 million residents.

Cultural Diversity

Brazil is one of the most culturally diverse countries in the world. Generally, Brazilians trace their origins from five global regions:

  • Africa
  • Americas
  • East Asia
  • East Mediterranean/West Asia
  • Europe

This cultural diversity is a great asset to companies looking to test their products and marketing programs. Marketing to a microcosm of international cultures provides a wealth of valuable information for companies with global growth ambitions. Companies investing in São Paulo’s business startup culture quickly benefit from the city’s diverse talent pool and openness to new ideas.

Currency

Brazil’s currency fluctuations and devaluation to the U.S. dollar gives companies who invest in São Paulo’s business startup culture the benefit of getting more for their capital. As Brazil’s economy experiences variations and crises, São Paulo presents more opportunities for entrepreneurs. Talent becomes more affordable for young and growing companies. As a result, entrepreneurs can easily hire employees with the education and skills they need to be successful.

Business Resources for São Paulo’s Business Startup Culture

São Paulo’s business startup culture benefits from a large number of business resources. Startup accelerators are plentiful, including ACE, Startup Weekend, and Startup Farm. Co-working spaces such as CUBO encourage collaboration among resident companies. CUBO’s center of technological entrepreneurship connects investors, companies, technology, and universities in one space. This connection helps create new business models, new ways to work, and continually challenges the status quo with a focus on creating opportunities.

In fact, São Paulo’s business startup culture is often seen as the “silicon valley” of Latin America. From its inclusion in Deloitte’s leading index of global FinTech hubs to its continually growing roster of unique startup ventures, São Paulo has become the Brazilian home of international technology giants including Google, Linkedin, and Cabify. (FinTech is a new industry that uses technology to improve activities in finance.)

What Does This Mean for São Paulo’s Business Startup Culture?

Companies looking for expansion opportunities, especially in technology fields, should seriously consider São Paulo’s business startup culture. The city provides a warm welcome to entrepreneurs and innovators, offers a favorable currency advantage, and has a wealth of resources that support business startups. Brazil’s wide cultural diversity enhances workforce productivity, and reflects the broader international market, making São Paulo an ideal location for testing concepts and messages.

What Should Employers do?

Entrepreneurs with plans for business expansion should research São Paulo’s business startup culture to see how they might benefit from its many resources and advantages. Established businesses without a presence in Latin America should also consider locating in São Paulo. Co-working spaces such as CUBO can help connect established businesses to entrepreneurs and new business models.

Companies looking to test their expansion efforts in Brazil might also benefit from an International Professional Employer Organization. This is a global employment solution where a third-party in a foreign country hires employees on your company’s behalf. Companies considering relocating new hires or transferees to São Paulo should review their relocation programs. This will help ensure they have a competitive advantage and that their program provides the highest level of relocation benefits and services for their employees.

Conclusion

GMS’ team of global relocation experts has helped thousands of our clients understand how they can easily expand their business operations to new locations. Our team can help your company understand how best to proceed with expansion to São Paulo’s business startup culture through relocation, or by utilizing an International PEO.

Learn best practices from Global Mobility Solutions, the relocation industry and technology experts who are dedicated to keeping you informed and connected. Contact our experts online to discuss your company’s business expansion plans to São Paulo, or give us a call at 800.617.1904 or 480.922.0700 today.

Request your complimentary relocation policy review

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Global Relocation Global Relocation Tips Global Relocation Trends Talent Management Talent Mobility

Singapore Job Skills Lacking in Technical Fields

Singapore job skills currently exhibit a significant gap in several technical fields, according to Workforce Singapore (WSG). WSG, a board under the nation’s Ministry of Manpower, oversees the transformation process for the Singaporean workforce and industry to meet future economic opportunities.

Top 5 Fastest Growing Singapore Jobs

The five fastest-growing jobs in Singapore are concentrated in technology:

  • Content Specialist
  • Head of Digital
  • Cyber Security Specialist
  • Data Scientist
  • User Experience Designer

All of these technology jobs require specific technical skills. They also require significant communication and managerial skills, often referred to as “digital competence.”

What is Digital Competence?

Digital Competence is an expansive definition of Information and Communication Technology (ICT). It includes basic ICT skills along with the understanding and knowledge of how to use digital devices and applications in new and complex formats. WSG recognizes that Singapore job skills need to include Digital Competence. Singaporean workers must be able to confidently and critically use electronic media for work, leisure, and communication. To do so, workers must understand logic, possess critical thinking abilities, have a high level of information management skills, and superior communication skills.

For example, some of the skills needed for the Top 5 Fastest Growing Singapore Jobs include:

  • Analytics
  • Banking
  • Big Data
  • Communication
  • Consulting
  • Content Delivery
  • Digital Production
  • Machine Learning
  • Management
  • Sales Enablement
  • Wire Framing

WSG has a number of programs that help Singapore job skills match industry requirements. For example, WSG maintains the Singapore Workforce Skills Qualifications (WSQ), a national credentialing system that trains, develops, and assesses Singapore job skills. Also, the WSQ certifies skills and competencies for the workforce. Its continuing education and training system is funded by SkillsFuture Singapore (SSG).

What is SkillsFuture Singapore?

SkillsFuture Singapore (SSG) is a board administered by the Ministry of Education. SSG’s main purposes include:

  1. Drive and coordinate SkillsFuture movement implementation
  2. Promote a culture and system of continuing education
  3. Strengthen Singapore’s quality education and training
  4. Provide quality assurance for private education institutions and adult education centers

Singapore job skills are in high demand as the nation’s economy continues rapid growth. This growth leads to expanding job opportunities. WSG maintains a singular focus on ensuring Singaporean workers obtain the necessary training to fill growing sectors of the economy. WSG’s vision is bold and speaks to the nation’s strong work ethic: “Every individual in a fulfilling career with progressive employers.”

What Should Employers do About the Singapore Job Skills Gap?

Employers facing a Singapore job skills gap should review their talent recruitment programs to ensure creative solutions are in place. A knowledgeable Relocation Management Company can provide valuable assistance to employers looking for robust and effective solutions to hiring challenges.

Conclusion

GMS’ team of global relocation experts has helped thousands of our clients develop hiring and recruiting programs to mitigate the impact of a skills gap. Our team can help your company by using industry best practices to design your relocation program. As a result, this will increase your company’s ability to attract and retain new employees and mitigate the effects of the Singapore job skills gap.

GMS was the first relocation company to register as a .com. The company also created the first online interactive tools and calculators, and revolutionized the entire relocation industry. GMS continues to set the industry pace as the pioneer in innovation and technology solutions with its proprietary MyRelocation™ technology platform.

Contact our experts online to discuss your company’s relocation program needs, or give us a call at 800.617.1904 or 480.922.0700 today.

Request your complimentary relocation policy review

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The Future of Corporate Headquarters

Many companies face challenges when considering where to locate their corporate headquarters. Major global companies such as Amazon, Apple, General Electric, and Google have recently announced expansion or relocation efforts that will take them to their next-generation workforce.

Recent expansion and relocation efforts for corporate headquarters have focused on major metropolitan areas.

Corporate Headquarters of Major Companies

Amazon

Amazon plans to create a second corporate headquarters location in Arlington County, Virginia’s Crystal City neighborhood. The location is across from Washington, D.C. The company said it will receive $573 million combined from Virginia and Arlington in performance-based direct incentives. These incentives include Amazon creating several thousand jobs at the new location. Notably, although Amazon had originally also chosen a second location in Long Island City, Queens, New York for another headquarters, mounting opposition led the company to pull out of its plans. This speaks to the importance of building local support among all stakeholders for any new corporate headquarters development.

Apple

Apple is planning to expand its presence in Austin, Texas with a $1 Billion new corporate headquarters campus. Apple’s future plans will eventually make it the largest employer in Austin. The new campus will accommodate 5,000 employees to start, and feature capacity for up to 15,000 employees.

General Electric

General Electric relocated its corporate headquarters to Boston, Massachusetts in 2016 and instantly became the state’s largest public company. Company officials noted that the Boston metropolitan area’s concentration of top universities and startup technology firms was the main attraction for their relocation. The move is seen as a way for the industrial conglomerate to rebrand itself as a forward-looking technology company. Although GE continues to face challenging markets and a changing economic future, the fundamental reason for the company’s move is shown in their intent to remain in Boston.

Google

Google plans to spend $1 Billion to expand the company’s New York City Hudson Square facility. The campus will be the main corporate location for its New York-based global business organization. The company will double its New York City workforce.

Corporate Headquarters Require Workforce with Significant Skills and Education

Companies looking to expand or relocate their corporate headquarters require employees with skills and education. Typical functions at these locations may focus on executive and managerial roles, product engineering and development, talent acquisition and talent management, sales and marketing, corporate communications, legal concerns, and finance. Many of the positions within these functions require degrees from institutions of higher education. Employees must be proficient with technology across multiple platforms. They must also display a broad range of soft skills including verbal and written communication, coaching, and leadership. Any company looking at a new location should work to keep current employees with desired skills and education during the relocation.

What Should Employers Seeking to Expand or Relocate Their Corporate Headquarters do?

Companies that are looking to expand or relocate their corporate headquarters should work with a Relocation Management Company (RMC) that has expert knowledge and extensive experience in corporate relocation services. Corporate relocation programs provide companies and employees all of the resources and tools they need to ensure a smooth and successful relocation process.

Choose an RMC that provides ongoing employee support services, supplier management, relocation benefits, and expense management. Employers should provide many resources for their relocating employees and their families. As a result, they will feel confident in accepting their new assignments and enthusiastic about the company’s corporate headquarters relocation.

Conclusion

GMS’ team of corporate relocation experts has the knowledge and expertise to help your company manage its corporate headquarters relocation budget. We will also offer your employees the best relocation experience during a corporate headquarters expansion or relocation. This will increase your company’s ability to retain current employees as well as attract new hires at your new location.

Contact our team of experts to discuss how we can help your company’s corporate headquarters relocation budget stay within company guidelines, or call us directly at 800.617.1904 or 480.922.0700 today.

Request your complimentary relocation policy review

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India’s Cloud Computing Job Growth Offers Relocation Opportunities

Great Learning, an educational technology platform company for executives, reports that up to 1 million new jobs in India may be created by the growth of the cloud computing market. Currently, India has a $2.2 billion market in this field. By 2020, this market will grow to $4 billion due to over 30% annual growth rates.

How is Cloud Computing Defined?

Cloud computing is distinctly different than traditional computing solutions found in many companies. Traditionally, companies manage IT resources, computers, database storage, security, and software applications. These would be housed on physical hardware located at or near their premises. Cloud solutions offer all of these IT resources through a cloud services platform, accessed through the internet.

Types of Cloud Computing

There are three main types of computing that can be done in the cloud:
  • Infrastructure as a Service (IaaS)
  • Platform as a Service (PaaS)
  • Software as a Service (SaaS)
With cloud computing, companies only pay for the services they need, within a flexible, low cost framework. As a result, companies can utilize their limited valuable resources to pursue corporate objectives. Rather than invest in IT hardware and software, companies are free to invest in value adding activities. They also benefit from the provider’s specialized skills and investments in technology.

What Jobs are in this field?

Cloud computing jobs typically entail specialized training and skills. Often, these jobs require higher education and degrees in the fields of computer science, computer engineering, and information systems. For example, candidates for a Specialist position should have skills in the following areas:
  • Systems Architecture
  • Virtualization Technology
  • Analytical Reasoning
  • Collaboration

What does this mean?

Within India, as well as across the world, the growth in cloud solutions will lead to increasing demand for employees with applicable education and skills. The worldwide cloud computing market is projected to reach $411 billion by 2020. Also, over $1.3 trillion in IT spending will be affected by companies shifting their spending to the cloud by 2022. In India, several thousand cloud computing  job postings advertise vacancies. By comparison, US job postings in this market show approximately twenty thousand positions. Several technology companies in China have aggressive plans to dominate this market.

What should employers expect with Cloud Computing?

Employers should expect that demand for employees with cloud computing skills and experience will increase dramatically over the next several years throughout the world. They should also expect that traditional recruiting efforts may not be successful in attracting candidates with the skills and experience they need to success with cloud computing efforts.

What should employers do?

Employers in India should review their company’s growth plans and requirements for jobs within this market. They should also determine how their company’s growth plans will impact the cloud computing jobs required to meet their business plans and goals. Employers should examine their relocation policies to determine if they would benefit from enhancements to attract new hires and transferees looking to take computer industry jobs in India. Also, they should look into helpful educational resources for employees, such as an online tutorial for AWS (Amazon Web Services). Employers may benefit from reviewing a Technology Industry Case Study that identifies successful tactics for attracting new hires and transferees. They may also benefit by learning how other markets, such as healthcare, have been leveraging relocation benefits to attract and retain talent.

Conclusion

GMS’ team of global relocation experts has helped thousands of our clients develop relocation programs that attract and retain qualified employees across the world. Our team can help your company determine how to plan for India’s cloud computing job growth and the many opportunities it presents. Learn best practices from Global Mobility Solutions, the relocation industry and technology experts who are dedicated to keeping you informed and connected. Contact our experts online to discuss your company’s relocation program needs, or give us a call at 800.617.1904 or 480.922.0700 today. Request your complimentary Visa Program Assessment
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Upcoming Skills Gap in United Arab Emirates Requires Workforce Planning and Education Reforms

Effective workforce planning and education reforms in the United Arab Emirates (UAE) will help the seven emirates address an upcoming skills gap in their labor market. The Knowledge and Human Development Authority (KHDA) expects 40% of current jobs to disappear from the market over the next decade.

The decline of current jobs will impact the labor market across the range of all seven states within the UAE:

  1. Abu Dhabi (the capital of the UAE)
  2. Ajman
  3. Dubai
  4. Fujairah
  5. Ras Al Khaimah
  6. Sharjah
  7. Umm Al Qalwain

Fourth Industrial Revolution Helps Create Upcoming Skills Gap

All of the emirates are experiencing the effects of the “Fourth Industrial Revolution.” This revolution reflects the velocity, scope, and systems impact of a digital transformation that is changing economies, jobs, and work as it is currently known. Characteristics of the revolution include a fusion of technologies across the physical, digital, and biological spheres. As a result, the revolution impacts many areas, including:

As a result, many current jobs will disappear in the future, and employees are facing an upcoming skills gap. New jobs will appear that require skills applicable to the digital revolution’s needs.

How is UAE Planning for the Upcoming Skills Gap?

KHDA recognizes that new jobs will emerge in the labor markets, and these jobs will require technical skills. As a result, KHDA notes that a 10-year visionary planning effort must be undertaken to find solutions. KHDA believes these solutions will be found in several areas, including increasing family involvement, understanding the growing economy’s job requirements, and identifying future opportunities.

A strategy shift to address the upcoming skills gap will also require changing the education system. This change will equip residents with the appropriate technical skills that will enable them to successfully obtain new jobs in the future. As the KHDA recognizes what needs to be done, the organization and other UAE entities note the need to focus on education as well as practical, working-knowledge skills. Ideas in the planning stage include using the final year of education for internships and assignments at companies.

What does this mean?

The UAE recognizes that the digital revolution will create new job requirements. They also recognize at the same time that current jobs will disappear. This creates a need for appropriate planning to address the upcoming skills gap. Additionally, emirates growing at exceptional rates such as Dubai may have a surplus of jobs that require new technical skills. This surplus of jobs may require transferees from outside the emirates to relocate to the region in order to sustain economic growth.

What should employers expect?

Employers in the UAE should expect that current jobs may decline and employees may face an upcoming skills gap. Employers should also expect a rise in the need for new jobs that require new and extensive technical skills to meet the needs of the digital revolution.

What should employers do?

Employers in the UAE should review their company’s growth plans and requirements for jobs across all levels of skill sets. They should also determine how their company’s growth plans will impact the jobs required to meet business plans and goals. Employers should consider how they can address current employees who may face the upcoming skills gap. They should focus on training, education, and retaining employees who have valuable company experience and talent. Also, employers should review their relocation programs to determine how to present their company’s opportunities in the best light to attract highly skilled new hires and transferees.

Conclusion

GMS’ team of global relocation experts has helped thousands of our clients develop relocation programs that attract and retain qualified employees across the world. Our team can help your company determine how to plan for the UAE’s upcoming skills gap and its impact on employees, new hires, and transferees.

Learn best practices from Global Mobility Solutions, the relocation industry and technology experts who are dedicated to keeping you informed and connected. Contact our experts online to discuss your company’s relocation program needs, or give us a call at 800.617.1904 or 480.922.0700 today.

Request your complimentary Visa Program Assessment

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