And why the UK is the Prime Destination?
As per our recent State of Contracting survey 2023 results, a significant 73% of Australian and New Zealander contractors have expressed their appetite for working overseas for the right opportunity. This trend is particularly evident in the UK, which has emerged as the prime destination for Australasian contractors seeking new professional horizons.
In this blog, we will delve into the reasons behind this growing interest and discuss why now is a great time for Australasian contractors to consider a stint of working in the UK.
Thriving Job Market
The UK has a robust job market that offers a plethora of opportunities for skilled contractors. With a diverse economy and a high demand for specialised talent in various sectors, such as IT, finance, engineering, and healthcare, the UK presents a wealth of prospects for Australasian contractors looking to broaden their skillset and expand their career prospects.
Competitive Remuneration
Working in the UK can be financially rewarding for Australasian contractors. The UK offers competitive remuneration packages that are often higher than what contractors may receive in Australia and NZ. Additionally, the favourable exchange rate between the Australian/NZ dollar and the British pound can provide Australasian contractors with a financial advantage when transferring their earnings back home.
Cultural Similarities
Australasian contractors find it relatively easy to adapt to the UK working culture due to the shared language, similar business practices, and cultural similarities between the three countries. This makes the transition to working in the UK smoother and less challenging compared to other non-English-speaking countries.
Global Exposure
Working overseas in the UK can provide Australasian contractors with invaluable global exposure, allowing them to gain international work experience, expand their professional network, and enhance their CV. This international experience can be highly regarded by potential employers and may open up new doors and opportunities in their future career endeavours.
Personal Growth and Adventure
Working overseas can be an exciting adventure that offers personal growth and development opportunities. Australian and New Zealand contractors who choose to work in the UK can experience a new culture, travel and work in various parts of Europe, and broaden their horizons by immersing themselves in a diverse and vibrant environment.
Work-Life Balance
The UK is known for its favourable work-life balance, with many companies offering flexible work arrangements, ample vacation time, and employee-friendly policies. This can provide Australasian contractors with a better quality of life, allowing them to strike a healthy balance between work and personal life.
Working rights
The historical Commonwealth connection, English language proficiency, shared professional standards, and bilateral agreements between Australia/NZ and the UK provide advantages when it comes to gaining working rights in the UK compared to other countries. These factors can streamline the process and make it relatively easy for Australasians to work in the UK and explore new professional opportunities.
Professional Networking
Working in the UK can provide Australasian contractors with ample opportunities to expand their professional network. The UK has a thriving business ecosystem with numerous networking events, industry associations, and professional organisations that can help contractors build valuable connections, gain insights, and enhance their professional reputation.
In conclusion, the UK offers a compelling package for ambitious Australian and New Zealand professionals seeking to work overseas. With a thriving job market, favourable exchange rates, and a host of benefits, now really is a great time to explore working in the UK for exciting new opportunities and professional growth. So, if you’re an ambitious Australian or Kiwi looking to expand your horizons overseas, get in touch with Oncore and find out how we can help you explore your options and make it happen.
If you would like to see more insights into the changing face and key trends of the current contracting landscape then head over to Oncore’s State of Contracting survey report 2023