Business

Aussie expats coming home

Kings Beach.
Kings Beach.

THOUSANDS of Aussie expats are ditching economic doom and gloom in Europe for better job opportunities back home, according to TrackMeBack.com, an online jobs community that links expat workers overseas with firms in Australia and New Zealand.

Australia's continued jobs growth and downturn-defying economy are proving too good to resist for ambitious expats looking to further their careers on home soil.

UK Home Office figures show that the number of Australian citizens entering the UK for employment has dropped by 35% over the past three years.

A survey conducted by TrackMeBack.com found that many expats were returning home for better job opportunities and because they are "sick of the economic doom and gloom in the UK".

The top ten jobs that Australians are returning home for this year are in mining, resources, engineering, energy, digital media, healthcare, pharmaceuticals, trades, construction and insurance, according to Caroline Rafferty, general manager of Track Me Back.

"We've more than tripled our business since 2010, with a huge number of expats returning home from the UK in particular," Ms Rafferty said.

According to TrackMeBack.com, many returning expats have been living and working abroad for a number of years.

"We see a whole range of candidates but our typical returning expat is degree qualified with ten or more years' professional experience, with at least half of that being gained overseas," Ms Rafferty said.

"They have usually worked in multiple cities globally and are now returning to work in Australia because there are better job opportunities and the economic outlook is more positive."

"Many of our expats left home 10 years ago with a backpack, thinking they'd be gone for six months! Now they're returning with a spouse and a family, and they're looking to settle at home for the long-term."

With the European economic forecast looking ever gloomier, TrackMeBack.com - whose clients include Allianz, Glaxo Smith Kline, Ernst and Young and Optus - predicts more of the same in the coming months.

"There's obviously a lot of buzz around jobs in the mining and resources industries but we're also seeing a steady growth in demand for candidates in sectors such as insurance, FMCGs, healthcare, management consulting and digital media so they're definitely ones to watch in the coming year."

"When you combine a stalling European economy with tighter UK visa restrictions for Australian and Kiwi migrants the case for returning home is pretty compelling for a lot expats."
 

Topics:  business, economy, employment, jobs


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