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Wednesday, June 25, 2008

22% of employers concerned with outflow of local talent


Article from Straits Times highlighted that employers worry about brain drain.

One in five (22 per cent) of Singapore employers polled as part of a global survey is concerned about Singaporean talent leaving to work abroad, at a time when many vacancies need to be filled and talent is in short supply.

Within the Asia Pacific, employers in Taiwan were most concerned (64 per cent), while employers in China were least concerned (8 per cent).

The survey of 28,000 employers in 27 countries - done by United States-based employment services agency Manpower - found on average 31 per cent of employers worried about losing local talent to other countries.

Most worried were employers in Peru, Argentina and South Africa, with more than two in three concerned about talent outflow.

Employers in Switzerland and Japan were among the least concerned (12 per cent).

Of the 563 employers surveyed here, those in finance, manufacturing and transportation and utilities were most concerned (32 to 33 per cent), while those in public administration and education were least concerned (6 per cent).

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