Brain Drain
Definition
Brain Drain, is the departure of educated, highly skilled talented Individuals or professional people from one country, economic sector or field for another usually for better pay or living conditions. Due to the Brain Drain phenomenon, developing countries like Bangladesh are unable to deploy its human capital effectively. Bangladesh being one of the least developed countries needs its talents to stay to contribute to the development. But majority of these highly skilled immigrants do not come back after completing their study or training and start living in the foreign countries. Lack of opportunity, higher standard and insecurity are some reasons behind their immigrations.
Types of Brain Drain
As
mentioned above brain drain occurs at three levels – Geographic, Organizational
and Industrial. Here is a look at these different types of Brain Drain in
detail:
· Geographical Brain Drain
It is referred to the departure of highly brilliant
and skilled individuals to another country in search of better paying jobs. It
has a negative impact of their home country’s economy and overall development.
·
Organizational Brain Drain
The mass exodus of highly talented, skilled and creative
employees from one organization to join another is referred to as
organizational brain drain. It weakens the organization and toughens
competition.
·
Industrial Brain Drain
It is the departure of employees from one industry in
search of better jobs in other industries. It disturbs the working of the
industries where brain drain occurs.
Causes behind Brain Drain
Various factors fuel brain drain. The factors
can be divided into two; Push factor and Pull factor
Push Factor:
👉 Insufficient opportunity for resource and
higher study
👉 Difficulty in maintaining standard of living
👉Political turmoil
👉 Discrimination & Sheer insecurity.
Pull Factor:
👉 Opportunity to career development
👉 Higher salary and income.
👉Better economic prospects
👉 Better resource
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