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Wednesday, December 23, 2009

China firms try to lure talent home


THE battle for talent has come to Singapore, with 18 China companies teaming up to hold a first-ever job fair here to lure China-born professionals to return home to work.

Among them were heavy-hitters such as the Bank of Shanghai and the Shanghai Stock Exchange, offering 117 high-level positions that pay up to $250,000 a year plus perks, including housing allowance.

The jobs offered by the companies from Shanghai were in fields such as risk assessment and wealth management. Many required at least a master's degree.

About 1,000 people were at Suntec City recently for the fair, which was the third stop by the companies in their global search for talent.

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