South Africans are Open to Virtual Emigration and Remote Employment
Research by the Boston Consulting Group (BCG) shows that skilled South Africans are more open to remote work for foreign companies and less willing to relocate overseas for a new job opportunity, following lockdown and the broader acceptance of remote working.
Virtual work versus overseas relocation
A majority of 73% of skilled SA respondents are interested in remote employment for foreign businesses, reducing the need for costly relocation and contributing towards the reduction of ‘brain drain’ emigration.
According to BCG, only 59% of SA workers were interested in physically relocating for work in 2020, less than 72% respondents in 2018, thanks to the more accepted shift to a virtual labour force and the perks of remote work.
Similarly, only 56% of younger South Africans with the right digital skills might consider overseas relocation as a viable option after last year’s lockdown.
The research also indicates that SA expats are more likely to consider returning home and continue to work virtually for their employers if this is an option. View the full report here.
Digital skills and competitive salaries
Those who opt for virtual emigration choose to use their qualifications to earn competitive salaries in foreign currency while remaining in the country close to their families and enjoying the local lifestyle.
Meanwhile, more international organisations are willing to eliminate mounting relocating costs and hire among SA’s highly proficient English speakers and qualified professionals.
Recruiters are looking for particular digital skillsets in technology, communication, sales and marketing, while previous overseas business experience is a plus for leadership and C-suite executive roles.
Although it won’t eliminate the unfortunate skills losses due to the ‘brain drain’ phenomenon, virtual emigration can put the brakes on further local job losses and resurrect the local economy after the brutal pandemic impact.
Under the law, the foreign-earned income of SA residents is still considered local income and subject to the country’s tax laws. Remote workers employed by foreign organisations may also avoid double taxation in their home countries.
Professional Sourcing can assist with the recruitment process during and after the pandemic. Our team has a strong reputation for recruitment expertise within our specialisation areas.
Professional Sourcing can assist with the recruitment process during and after the pandemic. Our team has a strong reputation for recruitment expertise within our specialisation areas. Visit prosourcing.co.za for more info.
Professional Sourcing has a strong reputation for highly developed recruitment expertise within our specialisation areas. We develop strong long-term relationships with our loyal clients. Allow us to help you deal with your frustrations of a lengthy hiring process.
Professional Sourcing is a top-tier South African-based recruitment agency operating internationally, IPM accredited, LEVEL 2 BEE RATED and 51% Black Owned.