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Archive for the ‘Expatriate’ Category

HR challenge for Gulf States

Wednesday, February 4th, 2009

Gulf oil producers have made substantial progress in economic development because of their massive crude resources but they will always remain reliant on foreign labour, a United Nations official said yesterday.

Adel Abdul Lateef, Director of Regional Programmes at the Regional UN Development Programme Office, said the six Gulf Co-operation Council (GCC) countries still face the challenge of human resources development despite their remarkable economic achievements over the last 50 years.

One of the problems he cited was that GCC nationals still account for a low percentage of the workforce in most member states as they prefer the public sector in the absence of attractive incentives in the private sector.

“The GCC economies will always surpass the production capacity of the native population and this will make these economies permanently reliant on expatriate labour from all sides,” he told a human resources conference in Abu Dhabi.

“The GCC’s long-term strategies must take into account the rapid demographic consequences resulting from this steady development whether in terms of rights and duties for expatriates or the number of nationals and their contribution to all economic aspects and values.”

Abdul Lateef said the large expatriate presence in the GCC has become a permanent phenomenon, which has “not only offset a sharp labour shortage during the oil boom but also largely contributed to the expansion of the GCC market in terms of commodities and services”.

“There is no doubt this large foreign presence has become a controversial topic of discussion and has raised economic, political, cultural and strategic issues over the past period due to a steady increase in this presence.”

Read more > Foreign Labour


India turns away from expats to home-grown talent

Wednesday, January 28th, 2009

Expatriate executives, who were the flavour of the season when India was riding high on a 9%-plus growth rate, are now becoming the first ones to get the pink slip as Indian industry, hit by the slowdown, starts looking within the country for inexpensive hires.

“Many of the expatriate executives, who have been asked to leave, are subject experts. Their value diminishes in a downturn as companies are no more expanding, and thus don’t need people to guide in a new venture,” says K Sudarshan, MD of executive search firm EMA Partners’ India unit.

Since October 2008, there has been a spate of replacements of expat executives with Indian professionals at the senior level.

Read more > India


Execs willing to work abroad in 2009

Friday, January 9th, 2009

The majority of executives around the world indicated that they are willing to relocate internationally for job opportunities in today’s tumultuous economy, according to Korn/Ferry’s latest Executive Quiz. The Executive Quiz released by The Korn/Ferry Institute focused on perceptions about the labor market. The online survey was conducted in September and October, just as volatility in the financial markets elevated concerns surrounding unemployment around the world.

According to the survey findings, 85 percent of respondents said that they expect more job losses in the global labor market in 2009, and 78 percent expected unemployment to rise in Q4 2008.  Given the perceived volatility in the labor market, executives report an extreme willingness to chase job opportunities around the world; a surprising 84 percent of executives say they are willing to consider relocating, with 55 percent willing to move internationally for their next position.

“This is a very dynamic time in the global labor market, and while the overall demand for talent will certainly rise over time, job creation may be in different locations than today’s talent pools are clustered,” said Sergio Averbach, President of Korn/Ferry International, South America.  In countries such as Brazil, Russia, India and China the world’s “fastest growing economies” it’s not uncommon to see unemployment temporarily increase as labor supply and demand find a new equilibrium in such geographies and different industries.”

The results showed a contradiction when respondents were asked about their own company’s hiring plans. Nearly half “ 47 percent“ said their companies were hiring even in the current economic environment. Another 27 percent said their companies were in a hiring freeze. Only 26 percent stated that their company was currently downsizing.

Read more > Survey


The burden of Expatriate life

Monday, December 8th, 2008

More and more workers have relocated abroad in recent years, but despite the growing numbers, family issues remain a major factor in the failure of overseas postings.

The initial excitement of an exotic new posting can turn to culture shock, loneliness, identity loss and depression, and it is often the employee’s spouse and children — without the familiar routine of work — who are most affected.

“I thought it would be an adventure, and it was,” said Francesca Kelly, an American who moved 10 times in the first nine years as a Foreign Service spouse, living in places like Belgrade and the former Soviet Union during the cold war. But it “was much more difficult than I ever imagined it would be.”

Brenda Fender, director of global initiatives for Worldwide ERC, a not-for-profit association concerned with work force mobility, said a family’s happiness was crucial. “If the family cannot adapt, the employee will likely not succeed,” she said.

And not succeeding can be expensive.

Scott Sullivan, senior vice president at GMAC Global Relocation Services, told the story of a man from Cleveland with an important role in building a large manufacturing plant in rural China. He left the project midway through and returned home when his wife and child became desperately unhappy. This disrupted the project, a joint venture with a Chinese company, which then backed out — a loss for the American company of hundreds of millions of dollars, Sullivan said, and it could have been avoided with a better assessment before the man left home.

Read more >>> IHT


Global Skills for an International Career

Friday, November 28th, 2008

As an international careers adviser, I receive questions daily from people of varied backgrounds who hope to try their luck in the global marketplace. Many job seekers mistakenly believe that they can’t begin an international career until their feet are on foreign soil. They overlook their own backyard for resources and training opportunities.

The Most Sought-After Skills

What do international employers really look for in employees and what skills will be needed by professionals to perform successfully in the global marketplace?

A study commissioned by the College Placement Council Foundation surveyed 32 international employers and colleges to determine what international employers seek in prospective employees. They identified the following areas of required knowledge and skills:

Domain knowledge

Colleges in the U.S. are presently preparing their graduates well in domain knowledge, or knowledge in one’s academic discipline, although employers expressed concern that increasingly greater demands and higher standards may soon result in inadequately prepared graduates.

The three most important skills were cognitive skills, social skills, and “personal traits.” Problem-solving ability, decision making, and knowing how to learn are highly prized generic skills. Social skills were described as the ability to work effectively in group settings, particularly with diverse populations. Personal traits mentioned frequently included flexibility, adaptability, and the capacity to be innovative. Employers often mentioned that colleges do not adequately address this type of skill development.

Cross-cultural competence

Students must make a concerted effort to acquire the knowledge, skills, and traits gained through cross-cultural interaction because we are more geographically and linguistically insulated than most other countries.

On-the-job training and prior work experience. Employers seek applicants who have been successful in applying their domain knowledge or academic studies and generic skills in the workplace. They say that colleges do not place sufficient emphasis on work experience.

Read more >> By Debra Peters-Behrens


2008/2009 Benefits Survey for Expatriates and Globally Mobile Employees

Thursday, October 30th, 2008

globally mobile expatriates

The number of employees on international assignments has doubled over the last three years as part of the continuing trends towards globalisation, forcing employers to rethink their benefits provision.

Mercer’s 2008/2009 Benefits Survey for Expatriates and Globally Mobile Employees found that 47% of firms have increased deployment of staff on traditional expatriate assignments, and 38% had increased numbers of staff on ‘nomadic’ assignments.

It found that the growing expatriate culture has led 86% of respondents to consider their benefits package for expatriate staff as a medium or high business priority, with only 26% of organisations admitting to having no overarching policy for providing expatriate benefits.

Robert Lockley, principal in Mercer’s international business, said: “Establishing an international policy is essential to stay competitive, maintain geographical consistency and control costs. Even against a backdrop of economic uncertainty there is still competition for the best talent. Companies that are lax in this area will loose out.”

In terms of benefits on offer, the majority (68%) of companies surveyed keep their expatriates in host or home country retirement schemes. However, 32 percent of companies offer international retirement plans - an increase from 23 percent in 2005. Close to three-quarters (73 percent) of companies with an international plan restrict eligibility to certain expatriates who cannot be kept in the home or host plan.

Read more > Expatriates and Globally Mobile Employees


Young Expats - what is being done?

Friday, September 26th, 2008

youth cultural awareness translation

Michele Bar-Pereg investigates ways in which global mobility professionals can assist this group in making their assignments successful.

Transferees on their first assignments abroad— especially young, single expatriates—often are unaware of some of the more challenging effects of life without a support network of friends, family, and colleagues.

I have discovered a general feeling among global mobility professionals that, back in the 1980s and even 1990s, ambitious executives clearly did not discuss or influence their career prospects by talking about the separation of work and personal life. It was a far more macho society, where ambition was all that seemed to matter. Today, most singles on the global mobility career path have a far more balanced view of the segregation of work and personal life.

Single transferees often assume that they have a trouble-free paradise in front of them. They not only have their youth, but they are on the first step of the career ladder—often without some of the physical and emotional baggage of their counterparts—and appear to be able to function without the network of home, family, and other social associations.

On the surface, it sometimes appears that it is relatively easy for young people to recognise country cultures and deal with life accordingly. Younger people seem to be able to capitalise on similarities without being too bothered by the differences. This is, of course, to the good; however, our younger transferees often are caught off-guard when cultural differences emerge and suddenly get in the way of doing business.

Read more > Expatica


Zurich top city for expats

Tuesday, June 10th, 2008

European cities offer the best quality of life for expatriate staff, according to a study of more than 200 locations.

zurich

The survey by Mercer, the international consultants, ranked the cities on the basis of personal safety, health and education facilities, transport, other public services, and social, economic, environmental and political factors.

The most attractive location for expatriate businesspeople was Zurich. The Swiss commercial centre, home of UBS, Swiss Re and Zurich financial services, scored 108 points under a ranking system that uses New York on 100 points as a base.

The US business centre, by comparison, was in 49th place, behind other US cities: Honolulu (28th), San Francisco (29th), Boston (37th) and Chicago and Washington?DC (equal 44th).Read more> Mercer 


Corporate support for the Third Culture Kid (TCK)

Monday, May 19th, 2008

The good news is that organisations can provide services that facilitate successful adjustments. The cost of sending an employee and family on international assignment is substantial. For a minimal additional investment, corporations can provide pre- and post-assignment cross-cultural development programmes that reduce the stress of the move and meet the family’s needs. Specifically, such programmes help the family to understand the leaving process, the new culture(s), how to conduct themselves (socially, in business, and in daily life) more effectively in the new location, and how to manage culture shock and adjustment.

Cross-cultural programmes offer knowledge and support to the third-culture child. Many relocation companies contribute to the family’s international success by offering packages and programmes to the new assignee and family.

It is up to employers to promote the value of this to employees and their families, and to encourage them to make time for the training in the hectic schedule of an overseas move.

The employer’s organisation needs to support all the family members through the adjustment phase, which can take up to 18 months. The follow-through and tracking after the move is very important. Counselling services, coaching, mentoring, and, ultimately, a repatriation programme are other valuable options for third-culture children and their families.

Read more > TCK 


Expats in Spain filling job gaps

Wednesday, February 20th, 2008

Ex-pats living in Spain are being recruited and trained to work as remote telemarketing staff for English businesses because there is a shortage of suitable candidates in the UK.

Call centre staffing company Sensée has hired 10 sun-soaked British workers as telesales agents for Sense On Hold (SOH), a UK-based company providing marketing to callers while they are waiting on hold. The agents will never meet their new bosses at SOH, as all elements of recruitment and training take place online.

The move reflects the growing number of employers using mobile workers for traditional, office-based jobs.

Read more> Expats