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Achieving a healthy work-life balance is a top goal for most people. The global average for people satisfied with their work-life balance is only 17%, so it’s safe to say that it’s a goal many struggle to achieve. What is considered a satisfactory work-life balance varies from person to person, and some countries promote a better work-life balance culture than other countries.
According to a study conducted by ADP, Europeans have a strong desire to work internationally. The study, conducted in July 2016 after the vote for Brexit, considers how employees feel about the future of work, international competitiveness and talent management. Among nearly 10,000 European employees surveyed, 74% would consider career opportunities in a foreign country.
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.
The word “culture” was named the most popular word of the year in 2014 by Merriam-Webster, which comes to no surprise as it is increasingly being recognized as a powerful force in business. While cultural diversity can be advantageous for businesses and create higher performing teams, it can just as well create conflict in other areas.
Thanks to digital technology and the rise of “digital nomad hubs,” working remotely and living abroad is becoming easier than ever.
Let’s face it, the corporate world is not for everyone, and there’s a common misconception that in order to travel abroad and work remotely, you must be rich.
You’re traveling in an unfamiliar place or have moved to a foreign country and you experience a rollercoaster of emotions—excitement, disorientation, maybe a little distress. An experience many can relate to upon arriving in a new, unfamiliar place: culture shock.
But how do you deal? Oddly enough, managing culture shock is very much like managing relationships.