04 Dec 2019
Which are the best countries to work in? When measured by salary, the small landlocked country of Luxembourg ranks first. However, there are many other countries with rapidly growing economies and are in need of professionals to fill their needs, opening lots of job opportunities.
Although one of the smallest countries in Europe, there are many reasons why Luxembourg is one of the best places to work less and earn more. It is a stable, high-income economy and is within close proximity to other European countries. On average, residents in Luxembourg earn £3,144 per month for a 33-hour working week and receive an average of 32 days paid leave a year. Luxembourg also has a huge variety of job opportunities, with its top industries including banking and finance, construction, real estate services, information technology and much more. Not only is Luxembourg a great place to work, but it also offers world-class food with the most Michelin restaurants per capita in the world!
With 90% of foreign workers satisfied with working in Singapore, it is no wonder that the country is considered as a brilliant country to work. Singapore has huge needs in its telecommunications and IT sectors and is therefore constantly searching for skills, qualified workers. The country has good business relations and a stable economy, which opens plenty of good job opportunities. Singapore’s booming economy also means that salaries are lucrative, with an average salary of £51,004.
Australia is world-famous for its natural wonders and geographic diversity, yet is also one of the most urbanised and high earning countries in the world. Over 72% of people aged 15 to 64 in Australia have a paid job, and with an average income of £68,090 and a minimum wage of £8.61, it is no wonder they have one of the best strongest economies in the world. Australia has a skilled workers shortage, meaning there are plenty of career opportunities with good payment. Australia emphasises a work-life balance culture and places importance on employee’s well-being, making it a great place to work. Australia’s top industries include mining, industrial equipment, transportation equipment, chemicals and steel.
The United States is the third-largest country in the world, with over 9,826,675 square km of land. America accounts for 25% of the World GDP and has political, economic and cultural influence. With an average income of $60,558 and an unemployment rate of only 3.9%, the US is one of the world’s leading financial institutions. Due to America’s large size, there are loads of job opportunities. Almost all the biggest companies in the world have offices in America, with job opportunities that aren’t available anywhere else in the world.
Iceland has managed to keep its unemployment numbers below 3%, yet the main issue there is unemployment, meaning there are plenty of job opportunities available. Estimates suggest that between 2017 and 2030 the country will need 30,000 new workers. The current average income in Iceland is £47,135 and ranks 1st out of 195 countries in the Bill & Melinda Gates Foundation Ranking of Healthcare systems. Iceland’s top industries are Tourism, fish processing, aluminium smelting, geothermal power, hydropower, and medical/pharmaceutical products. Iceland is also very well known for its high levels of gender equality in the workplace. The pay gap in Iceland is at only 4.5%. In addition, parental leave is equally split, allowing both parents to spend a total of nine months with their child.