Mindset and motivation
Our 2010 Hydrogen Global Professionals on the Move Report offers groundbreaking insight into the mindset and motivation of elite professionals, in particular to working abroad, and it provides sector-specific analysis for the disciplines of finance, technology, engineering, legal and HR. The report is based on a major survey, conducted by a consultancy project team from ESCP Europe business school, of 3,155 professionals from over 70 countries. On average, survey respondents earned an annual salary of $125,000 and virtually all held a professional qualification or above, with over half attaining a postgraduate degree such as an MBA or PhD; 94% of respondents were either already working abroad or interested in doing so.
It’s clear from the research that for high fliers already on high salaries, a post overseas must have the right fit with their overall career and life plan to be worth the move. This is the message coming through in a number of the report’s findings. For example, greater earning potential is not in itself a top priority for professionals when looking to work abroad. Neither is permanent relocation, with 64% of respondents stating they were willing to work in another country for up to five years. Meanwhile, 60% of respondents stated that the economic downturn had no impact at all on their willingness to move overseas.
(Associate professor Claudia Jonczyk discusses implications of latest research involving ESCP Europe that looks at international mobility among professionals. See video below).