The power of English in professional development and access to global markets

Insights:

  • Fluent English professionals can earn up to 50% higher salaries in Brazil.
  • The technology market in the USA presents an increasing demand for qualified professionals, and fluency in English is a prerequisite.
  • Working remotely for international companies can provide a significantly higher income than the Brazilian average.

English proficiency is a valuable skill in the professional world, especially in the technology sector. In this article, we will explore the potential for professional growth that English brings to students with an in-depth analysis of the numbers, market opportunities, and financial benefits of working remotely for international technology companies.

  • Access to global markets English is the predominant language in the technology sector, and by mastering it, you expand your reach to opportunities in international companies and emerging markets. A study by McKinsey & Company [1] shows that English proficiency can increase employability by 38%.
  • Number of vacancies and demand for professionals The job market in the USA and other developed countries is facing a shortage of qualified technology professionals. The US Bureau of Labor Statistics [2] estimates that there will be 1.4 million technology vacancies by 2024, but only 400,000 computer science graduates to fill them. This creates a favorable environment for fluent English professionals seeking international opportunities.
  • Attractive remuneration Working remotely for technology companies can offer higher salaries than equivalent positions in Brazil. The average salary in technology companies in the USA is around $93,710 per year [3], while the Brazilian average for an IT professional is approximately R$72,000 per year [4]. This represents a 75% difference in salaries.
  • The Brazilian scenario In Brazil, professionals with English proficiency tend to have higher salaries compared to those who do not speak the language. According to a survey by Catho Educação [5], fluency in English can provide a salary increase of up to 50% for professionals in the country. English proficiency is a competitive advantage that can open doors to growth and career development opportunities.
  • Remote work and international opportunities Remote work has become more common after the COVID-19 pandemic, and many technology companies are adopting flexible and remote work models. This allows fluent English professionals in Brazil to access international opportunities without having to move. Remote.co [6] estimates that the number of remote technology jobs has increased by 60% since the beginning of the pandemic.
  • The importance of English in Brazil English proficiency is crucial for success in the Brazilian job market, especially in the technology sector. A study by the British Council [7] shows that only 5% of the Brazilian population speaks English, highlighting the importance and competitive advantage that language proficiency brings to professionals.

Based on these numbers and market trends, it is evident that English proficiency is essential for professionals seeking career growth and development, especially in the technology sector. Fluency in English opens doors to global opportunities and can provide significant financial gains, making it a valuable investment in the professional future.

References: [1] McKinsey & Company. (2017). The economic impact of closing the skills gap. https://www.mckinsey.com/industries/public-and-social-sector/our-insights/the-economic-impact-of-closing-the-skills-gap [2] Bureau of Labor Statistics, U.S. Department of Labor. (2021). Occupational Outlook Handbook. https://www.bls.gov/ooh/computer-and-information-technology/home.htm

[3] Payscale. (2021). Average Information Technology (IT) Salary in the United States.

https://www.payscale.com/research/US/Job=Information_Technology_(IT)/Salary [4] Catho. (2021). Pesquisa Salarial e de Benefícios.

https://www.catho.com.br/salario/action/pesquisa-salarial [5] Catho Educação.

https://www.catho.com.br/educacao/carreira/pesquisa-revela-quanto-o-ingles-pode-impactar-no-salario
[6] Remote.co. (2021). Remote Tech Jobs.

https://remote.co/remote-jobs/tech
[7] British Council. (2017). English in Brazil: An examination of policy, perceptions and influencing factors.

https://www.britishcouncil.org.br/sites/default/files/learning_english_in_brazil.pdf