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Friday, August 22, 2008

Asia attracts top foreign IT executives


Asia remains a popular destination for c-level technology executives looking to relocate from Europe and the United States, according to HR recruiters.

CTPartners Chairman and CEO Brian Sullivan, said in a press statement: "Asia's growing economic power is attracting executives from all over the world as the United States and Europe face continuing uncertainty. At the same time, parts of the Middle East show signs of political stabilization and Latin America is an ongoing bright spot."

Employment visas are easy to obtain for c-level executives and their families [moving to] Hong Kong and Singapore. Salaries in Asia for c-level executives are higher than pay packages offered in Europe and the United States by at least 15 percent. However, the same does not apply for middle managers because there is more local talent in this segment to choose from in Asia, she said. As such, that could mean more competition and fewer attractive jobs for foreigners wanting to relocate to the region.

Full story here.

Article and Image Source ZDNETAsia.
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