How does the UK job market compare?
Early in 2018, we asked our community of Aussie and Kiwi professionals living in the United Kingdom to rate which country was the best in which to work. Nearly all worked in London.
The results of the survey showed that more than four out of five consider the United Kingdom (83%) as a better place to work than Australia (10%) or New Zealand (7%).
- 83% rate London as a better place to work than home
- 82% found it easy to find a job
- 75% found a job within 4 weeks of arriving
- 88% earn more than £50,000 pa
“If this is something you’ve been thinking about for a while, I really encourage you to follow your instincts, be bold and take a chance. Moving abroad without a job, home or network is hard but by far the most rewarding thing I’ve done. You’ll learn so much about yourself whilst building resilience, patience and having the time of your life!” Stephanie L., Vic, Australia
Despite a strong vote of approval for working in the UK, either the message isn’t getting back home, or London is losing its allure in Australia and New Zealand.
- UK skills shortages critical levels risking UK growth
- “Pervasive skill shortages across UK economy drive up wages
The number of Aussies and Kiwis heading to the UK continues to decline. By the end of 2017, the number of visas issued has nearly halved from a peak of 48,979 in 2005. The latest UK migration stats (Feb 18) show this decline is continuing with the number of UK visas granted to Aussies and Kiwis falling by a further 8% from the prior year to 25,574 in 2017.
If you would like to learn more about the London job market, get in touch with the team from Global or join one of our London job market webinars: