These Are The Best Countries to Live And Work in And to Boost Your Salary
You knew that moving abroad swells your salary. That it does by Rs 15 lakh is just the inspiration you need to pack your bag and move to Switzerland, the US or Hong Kong, where the package offered is too good to refuse.
According to a survey, 45% of expats said that their existing job paid more internationally and 28% changed locations for a promotion. The overseas life, with all its benefits and opportunities, is clearly difficult to access if you’re not already successful
Singapore, the country famous for its strong, stable economy, offers expats the highest salaries averaging around Rs 1.5 crore. This is twice the global average. In HSBC’s annual Expat Explorer, Singapore topped the ranking as the best place to live and work for a fourth straight year by offering the staff a “long-term financial peace of mind without compromising their professional or personal lives”. Singapore packs everything a budding expat could want into one of the world’s smallest territories.
In Switzerland, famous for both sky-high mountains and prices, the annual income boost totalled $61,000. Expat salaries there averaged $203,000 per year – twice the global level. Sweden, one of the world’s most gender-equal countries, got top billing for family, while New Zealand, Spain and Taiwan led the way in the experience category. Despite the cultural, financial and professional advantages of moving abroad, the survey of 22,318 people uncovered that women trailed on a variety of metrics.
While relocating boosted women’s income by roughly 27% – topping the increase experienced by men – only about a quarter moved to develop their careers, compared with 47% of their male counterparts. Just half worked full time, and the overall level of education was somewhat lower. Women’s average annual salary was also $42,000 lower than men’s. In U.S., Job gains were noted in healthcare, up 26,000, transportation and warehousing, up 24,000, and construction, up 23,000.
India dropped two places to rank an overall 12th in a list of 31 countries. It was ranked ninth when measured on relationships within family and education and childcare. China is the second-largest economy and deeply enmeshed in the planet’s commercial map.