Thursday, February 6, 2020

Korn Ferry: Brexit, Week Two

By SIMON CONSTABLE

It was fairly anticlimactic, the United Kingdom’s big departure from the European Union last week. But corporate leaders are discovering they have two issues to jump on—including one surprise.

An immediate issue for leaders is to figure out how to fill a potentially significant shortage of skilled workers. Before last week, most EU residents had an automatic right to work in England, Scotland, and Northern Ireland. For instance, if an office in Manchester needed a computer programmer, it could hire someone from Barcelona without much paperwork or cost. Now, companies will need to lobby for work visas if they want to hire someone from overseas. Read more here.

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