In today’s internationally developed and highly-transient economy, CEOs are increasingly expressing their concern with the difficulties associated with finding top talent.
According to a recent Bringing Talent to Asia study commissioned by talent acquisition firm Alexander Mann, 48% of companies in Asia reported that they were struggling to find talent, however the company opined that only 9% were looking in the right place—overseas—for people to fill opportunities. The student has recommended that companies focus on trying to attract candidates originally from Hong Kong who have moved overseas.
Commenting on the study, Martin Cerullo, Managing Director, Development, APAC, Alexander Mann Solutions, illustrated, “APAC professionals who have moved abroad are some of the city’s best and brightest. What’s more, their time overseas has made them even more valuable, earning them in-depth expertise and experience which local firms could leverage for competitive advantage and sustained growth.”
The study demonstrated that Asia’s brain drain is continuing to impact businesses, with people moving overseas for travel (65%), work experience (45%), better pay (38%) or opportunities (38%). Cerullo argued that businesses need to understand where APAC nationals overseas look for jobs and harness those channels to ‘market’ to them.
Paul Arkwright
Publisher
