Archive for 2011
A recent issue of The Economist had a picture of a blazing euro-shaped comet on the cover, with big block text asking: IS IT THE END? But when it comes to global hiring, things aren’t quite so grim. Antal International’s most recent Global Snapshot Survey actually found hiring levels above where they were this summer. […]
Singapore could lose its status as a top expat destination as companies become less willing to pay out generous compensation packages. Till now the country has consistently been rated one of the top destinations for expatriates. In fact, in 2010 HSBC’s Expat Explorer Survey ranked it #1 in the world. This year, however, Singapore didn’t […]
Norway’s oil and gas industry will need 220,000 new workers in the next three years to help meet rising demand, according to a story in the Nordic Labour Journal. The majority of these workers are expected to come from abroad. As such, the Oslo Chamber of Commerce, Norwegian Business School (NBI) and intercultural consulting firm […]
The average salary in the Middle East’s real estate sector has fallen only 1% in the last year, from Dhs 38,351 to Dhs 37,965. The results were obtained as part of the Middle East Salary Survey conducted by the Royal Institute of Chartered Surveyors (RICS) and Cityscape Connect. It was commissioned by property recruitment consultancy […]
Dublin-based software firm TEKenable announced the launch of a specialist recruiting agency, TEKpeople, to mitigate what it sees as a shortage of qualified IT professionals in the Irish market. Kira Gusakova, a principal consultant for TEKpeople, said: TEKpeople was set up to address a need in the market we have identified many times: the lack […]
Singapore aims to restrict the flow of expat workers by tightening eligibility requirements for foreigners entering “lower and mid-level professional, managerial and executive jobs.” The new rules center on salary and education requirements. According to a statement from Singapore’s Ministry of Manpower: The Government is committed to managing the size of the foreign workforce, as […]
KPMG’s member firms will hire approximately 75,000 campus graduates worldwide over the next three years, a 25% increase in the firm’s historical on-campus resourcing target. In doing so it will place special emphasis on the Asia Pacific region. The global member firm network has identified a need to bring approximately 250,000 new hires on board. […]
Employers are still under pressure to cut expenses for expat assignments, according to Brookfield Global Relocation Services‘ 2011 Global Relocation Trends Survey. 75% of companies reduced expat assignment expenses (perks such as relocation bonuses and hardship allowances), with 56% of respondents reporting increased pressure to cut costs compared to last year. As Linda Wang observed […]
Multinationals are preparing Indian staff for larger global roles, wrote Writankar Mukherjee in The Economic Times, with many companies starting “mentoring” programs to help train promising candidates for leadership positions. This could well be the start of a tectonic shift from India’s popular image as a low-cost outsourcing destination. Both Panasonic and Nokia have invested […]
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