Brain Drain & The Reverse of It in the Pandemic

Everyone is constantly looking for opportunities to better their lives. This case is especially true for qualified individuals in professional sectors like healthcare, technology and finance.

Although individualistic opportunities affect the community and country in the long run. So, let’s understand what brain drain is and how the pandemic has triggered the onset of reverse brain drain.

 What is brain drain?

Brain drain refers to the migration of individuals from their home county to other countries in search of better opportunities. Brain drain is usually seen in developing countries.

Trained professionals and entrepreneurs find more lucrative avenues in developed countries. The term brain drain refers to the country’s loss of skilled individuals. Brain drain affects countries in many ways.

• The emigration of talented citizens creates a void in the professional topography, which diminishes the profession’s value in the home country.
• These individuals usually earn more than the national average, which means that the potential spending reduces. Lack of spending opportunities ultimately brings down the nation’s economy.

What is reverse brain drain?

As the name suggests, it means that these skilled individuals move back to their home countries. The influx of citizens from developed countries to their developing home countries benefits the economy greatly.

India is one of the largest developing countries. In the past few years, we have seen a tremendous influx of NRIs to find better opportunities. These individuals include high earning working professionals and entrepreneurs in the white-collar sector.

How did the pandemic affect brain drain?

The COVID-19 pandemic took the entire world by shock and upset a lot of the norms. Let’s take a look at how the pandemic triggered the onset of reverse brain drain.

• It promoted and pushed the work from home culture in almost every industry. This meant that NRI’s could go back home while retaining their high paying jobs. Although the job stayed in the developed country, the spending power was returned to India.
• On the other end of the spectrum, the pandemic caused mass layoffs in developed countries. Instead of finding an advantage in developed countries, NRIs found a dismal job market across all industries. Developing countries like India thrived in these situations, which gave individuals more significant opportunities at home.

The pandemic culture is the new normal, and it is about time we accepted it. The coming years will shape the world’s job market for the next few decades. If you are looking to make a move, contact us now for hassle-free packing and moving.

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