https://trends.envoyglobal.com Foreign talent is now top of mind for C-level executives and boards. “This year’s Immigration Trends Report comes at just the right time—while companies are feeling the pressure and the press reports abound, data and facts are hard to come by. This valuable report shines a spotlight on the challenges HR leaders face and how immigration frictions impact their companies…” – William Kerr, Harvard Business School In the same year that saw the lowest unemployment rate since 1969, the Bureau of Labor Statistics said there were 7.3 million unfilled jobs. Meanwhile, only 6.3 million people were actively looking for work at the end of 2018. Compounding the record-low unemployment was an acute shortage in STEM talent, prompting organizations to look beyond borders to fill talent gaps.
Move to Canada. Make Canada Great As Usual.
Why not open hubs around the world?
1. Foreign talent comes to the US 2. Pays taxes in US 3. Consumes goods and services in US 4. Brings spouse / family / has kids 5. Spouse works and pays US taxes 6. Foreign Talent saves up for college education for kids 7. Kid enters the labor market and pays US taxes, consumes goods and services All this goes out the window when you have a hub outside the US.
Only mncs can afford to and they are.