Eight out of ten businesses globally believe that better labor mobility will improve their workforce, according to a new study.

The survey of companies operating in 11 economies disclosed that 82 per cent of respondents agreed that relaxed migrant laws are good for labor pools, while a further 69 per cent of those questioned suggested that hiring foreign workers can lead to a better understanding of foreign markets.

In addition, the research forecast that both Chinese and Indian workers will feature prominently in future international workforces.

Rosheen Garnon, spokesperson for KPMG, suggested that multinational corporations "depend on the free movement of people from country to country".

She said: "This suggests that a global mindset has become embedded in the world’s big companies, and that international availability of labor is and will remain a key part of their business planning."

KPMG has a network of 130 partners worldwide, which offer audit, tax and advisory services to businesses.© Adfero Ltd