As the pandemic has highlighted, immigrants are a much-required boost to ensure that everything runs smoothly even at the time of a calamity. Canada has increased its target for economic immigration for 2021 knowing full well that immigrants will play a particularly important role in helping the economy reach its pre-pandemic levels.
Attracting global talent and capital and providing several ways for them to immigrate to Canada is a shrewd move as Canada now has 6 times more skilled immigrants compared to the US. This is especially significant, seeing how half of America’s biggest private tech companies were started by people born outside the US.
However, not only at a macro level, hiring temporary foreign workers is a smart move for many Canadian businesses. Hiring immigrants provides an international pool of talented candidates to choose from.
What Are the Advantages of Hiring Skilled Foreign Workers?
Fresh Talent, Fresh Skills:
As Canada has a declining workforce due to an aging population, there is a limited supply of skilled workers available. It is not always possible for employers to find the right skill set in local workers.
Therefore, hiring foreign workers brings particular talents and skills to the Canadian job market that were previously unavailable. It is particularly beneficial for employers as they do not have to invest in training employees at their own expense.
Living in different countries gives a wider perspective to immigrant workers, allowing them to enrich the company’s decision-making process. It can be something as simple as knowing how to approach clients from different cultural backgrounds or how systems are integrated with other business environments. Such knowledge is very beneficial for a business. Therefore, hiring foreign workers helps your business to gain wider experience and stand out in the market.
Better Ability to Adapt:
It is in no sense easy to shift your life to a new country and adapt to its new environment, system, laws, and regulations. Similarly, the business environment is also ever-changing and requires the employees to have the ability to adapt to new changes.
Immigrants have a proven ability to adapt to new circumstances, after all, they've left their home country, friends, and family and settled in a new country with different cultures and languages to succeed in professional life.