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South Korea enjoys low unemployment, an educated workforce, and a high level of economic growth and prosperity. Unemployment stands at 3.4 percent.
The country is a world leader in information technology and automobile production, and its growing chemical industry accounts for a large segment of the country’s manufacturing sector.
Employee satisfaction and loyalty to a company are crucial to retaining good talent and a motivated workforce, and overall a good sign for the economy. What’s more interesting is understanding what motivates young professionals to stay loyal to a company and why professionals in one country appear to be happier and more loyal compared to that of its neighbor.
According to HRM Asia, Asia is expected to see the highest real wage growth increase in 2017. In case you’re unsure what ‘real wage’ is, it refers to wages that are adjusted for inflation.
Globally, the real wage increases are forecast at 2.3%, a slight decrease from last year’s reported prediction of 2.7%. While real wages in Asia are forecast to increase by 4.3%, the highest globally.
In Israel, business is done at a dynamic and quick pace. However, negotiations may take longer than expected. Arab Israelis prefer to do business with people they know and to develop relationships before conducting business deals. Jewish Israelis value rapport between partners to a lesser extent, and this fact may speed up closing a deal.
Traveling to Peru generally requires a visa and may involve extensive documentation to meet the application requirements. There are a number of different types of visas available including, transit visas, tourist visas, business visas, working (resident) visas, religious visas, journalist visas and student visas.
Happy New Year from GoinGlobal!
We are extremely thankful for all of your support in 2016 and are looking forward to an exciting 2017.
In case you missed it, we’ve released a brand new platform with a modern look and feel along with some exciting new features!
Traveling to Taiwan (People’s Republic of China) generally requires a visa; both the foreign national’s country of residence and the country of origin determine visa requirements.
Most foreign nationals may obtain short-term visitor visas through the Taipei Economic and Cultural Office or Republic of China (ROC) embassy or consulate, unless they are from countries that participate in Taiwan’s visa-exempt program.
Australia is a multicultural, amicable society, so it is important to be sensitive to different cultures and lifestyles when interacting with locals who may come from a wide range of traditions.
In general, Australians feel they are an unpretentious people and are proud of this.
Searching for jobs internationally can be a complicated process, but with thorough preparation and research, you can spare yourself (and recruiters) a headache.
Location Targeting – it’s important to narrow down the location in which you wish to seek employment, rather than choosing a general geographic region.
Great news for foreigners looking to become expats in China. As of November 1, 2016, the two types of work permits for ordinary foreign employees and foreign experts will be streamlined into one, which means foreigners will only need to apply for one unified work permit.