If you go to work in this Luxembourg country, the salary is in crores. Unemployment is rampant in many countries. But there is a shortage of workers in Luxembourg. For this, the country has changed many legal schemes and tried to recruit skilled people.
What jobs are demand in Luxembourg
There is a shortage of skilled labor in various sectors such as IT, healthcare, engineering, finance, business support and building trades.
Luxembourg is currently suffering from a shortage of skilled workers in a number of sectors, including IT, healthcare, engineering, finance, and business support. This is due to a number of factors, including
A strong economy and low unemployment rate, which means that there are more jobs than qualified workers.
A small domestic labor market, which means that Luxembourg must rely on foreign workers to fill many skilled positions.
An aging population, which is reducing the number of people in the workforce.
A skills mismatch, where there are not enough workers with the skills that are needed by employers.
The shortage of skilled workers is a significant challenge for the Luxembourg economy. It is making it difficult for businesses to grow and expand, and it is also putting a strain on public services.
The Luxembourg government is taking a number of steps to address the shortage of skilled workers, including,
Making it easier for foreign workers to come to Luxembourg to work.
Investing in education and training to develop the skills of the domestic workforce.
Working with businesses to identify and address their skills needs.
However, it is likely that the shortage of skilled workers will remain a challenge for Luxembourg for the foreseeable future.
What can businesses do to address the shortage of skilled workers?
Businesses in Luxembourg can take a number of steps to address the shortage of skilled workers, including:
Offering competitive salaries and benefits.
Providing opportunities for professional development and training.
Creating a welcoming and inclusive workplace culture.
Partnering with educational institutions and training providers.
Considering relocating some of their operations to countries with a larger pool of skilled workers.
Considered the richest country in the world in GDP per capita, Luxembourg is one of the best places to raise children. According to the new law, if you find a job in Luxembourg, a visa will be issued within five days.
At the same time, the duration of post-study work visa has been increased from 9 months to 12 months.
And if the person joining Luxembourg to work brings his/her family, they do not need to get a separate visa.
It is a known fact that Luxembourg is the hub of IT companies.. Here your average salary may be around 55 lakhs to 65 lakhs per annum.
If you have work experience, your salary will be up to 2 crores per annum. At the same time, if you learn Luxembourgish, it will be very useful for you. The new law has been notified to come into effect from September 1, 2023.