Luxembourg, Taiwan and Germany rated top for jobs by expats

by Ray Clancy on September 6, 2016

Would be expats who believe that job security is the most important factor should look to Luxembourg, which has been named as the top country for employment stability, followed by Taiwan and Germany.

The nation’s finance industry is regarded by expats as being the best sector, followed by the public sector, which includes a number of European Union institutions with opportunities at managerial level.

LuxembourgThe research published as part of the 2016 InterNations global expat survey also shows that in Luxembourg expats are more likely to choose a traditional role as employee or manager as their main employment status than the global average at 66% compared to 41%.

Indeed, senior employees or experts also make up a large percentage of that group, with 32% in Luxembourg compared to 23% worldwide and in terms of overall job satisfaction 76% of expats in Luxembourg are generally satisfied, compared to a global average of 64%.

With regard to career prospects, 67% are overall pleased with their opportunities compared to a global average of 55% and a work-life balance is rated highly by 79% of expats in Luxembourg, more than the global average of 60%, with the country ranking fourth in the Work-Life Balance subcategory of the survey.

Luxembourg also ranks first in terms of the state of the local economy, with not one respondent considering it very bad. Generally, a large proportion of expats decided to move to Luxembourg for job specific reasons and 71% saw the economy or the job market as a potential benefit when they considered relocating there.

This is backed up by the results for the participant’s main motivation for their move as 34% of expats came to Luxembourg because they found a job on their own, making this the most important reason for relocating to this destination, more than double the global average of 15%.

Taiwan comes second in the working abroad index overall and ranks first in the Job and Career subcategory, with 82% of expats in Taiwan citing overall satisfaction in their jobs compared to a global average of 64%. Additionally, only 9% would rate their career prospects negatively, compared to 24% worldwide.

Taiwan does well in terms of work-life balance as 30% of respondents said they are completely satisfied with this factor, almost double the global average of 17% and 81% are also happy with their job security while 79% view the Taiwanese economy positively.

In third place in the work sector is Germany, with the nation doing best when it comes to job security, ranking second in the respective subcategory while 71% are generally satisfied with the level of job security, with 23% going so far as to express complete satisfaction.

The state of the German economy is also very good, according to 44% of the respondents, more than double the worldwide average of 17%. Indeed, 68% of those moving to Germany saw its economy or labour market as potential benefits during their relocation plans.

Expats in Germany also seem to be happy with their work-life balance with 69% saying so while 72% were happy with their working hours and in terms of overall job satisfaction, 64% were generally happy, and 66% happy with their career prospects.

Most expats in Germany have opted for the role of employee or manager with the survey showing that 47% did so with 22% in the IT industry, the highest percentage of expats, followed by the manufacturing industry with 10%.

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