No curbing brain drain without significant productivity boost

A recruitment agency in New Zealand highlights the need for increased productivity growth and attractiveness as a workplace to address labor market challenges. Survey results suggest a high willingness among employees to relocate for better salaries and opportunities, with a significant number considering moving overseas. Concerns are raised about stagnant wage growth not aligning with productivity and inflation rates, leading to a potential brain drain. Issues with lengthy sponsorship processes and qualification transfer barriers further exacerbate talent retention challenges.

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