An Overview Of The 2023 Immigration Trends Report
In the survey conducted for the 8th annual 2023 Immigration Trends Report, Envoy Global included more than 500 HR professionals who specialize in global mobility and corporate immigration for companies all over the US. The survey talks about global immigration trends, employer sentiments on the immigration system of the US, best practices in corporate, and more.
What’s important to note here is many factors, such as STEM talent shifting to new sectors, mass tech layoffs, and the Biden administration’s actions on immigration policy, are shaping the global immigration landscape in 2023. Consequently, employers are adapting by reassessing their strategies to navigate such evolving conditions.
This year’s report portrays the temperature of the business community and predicts the future, including;
- How macroeconomic factors impact employer demand to recruit overseas talent?
- Nearshoring, offshoring, and outsourcing of overseas talent
- Employer opinions on the immigration system of the US
- Benchmarking for corporate immigration programs
What Are The Key Findings Of The 2023 Immigration Trends Report?
For starters, layoffs and hiring freezes in 2022 severely impacted international workers on visa sponsorship. However, they were still demanded by US employers.
Moreover, barriers in the immigration system of the US are forcing employers to relocate international workers overseas and outsource jobs.
In addition to this, employers favor the Biden administration’s stance on employment-based immigration, even though they think it needs significant improvements.
It was also discovered companies need additional internal and external support to fulfill their immigration and global mobility requirements effectively.
Important Terminologies Used In The 2023 Immigration Trends Report
The report and survey contain various terminologies commonly used by corporate immigration and global mobility professionals. Let’s help you learn their definitions according to the context they were used throughout the report;
Foreign National: This is an immigrant who is not a US citizen and requires either an employer-sponsored visa or a work permit to seek employment in the US.
International Assignment: This refers to an employment assignment in another country, including short-term business trips and long-term transfers.
Transfer: This means relocating an employee to a worksite location or office for a job and residence.
Relocate: This is when an employee moves to another country to live and work there temporarily or permanently. It also includes remote work from abroad.
Global Business Travel: It refers to overseas travel for business purposes. It should be noted that business travel doesn’t always need immigration support.
Nearshoring: This term relates to the act of transferring an employee or any other business resource to a nearby country because of the benefits it offers to the business.
Offshoring: It means transferring a worker or business resource to a different country.
Immigration Services Provider: This is a firm giving immigration program support and oversight, along with visa processing and compliance guidance to organizations with global mobility requirements and regulatory and policy strategy.
Remote Work Visa: This is a visa or a permit allowing an employee to work remotely for an international employer in another country for a restricted period.
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