Western Managers Back on Job
Cooper, Cameron, Business Asia
Demand for Western executives is on the rebound as Asia's economic turnaround takes hold and stalled infrastructure projects resume.
Cliff Stoneman, director of Dunhill Management Services in Melbourne, said Australian executives were well placed to fill a skills void in the region, particularly in sectors such as information technology, marketing and banking and finance.
Japan is recruiting more executives as positive economic signs finally emerge from Tokyo, while demand in Indonesia and the Philippines is on the rise. The Middle East is also a growth market.
Stoneman said the lure of high salaries, low taxes, travel and "adding muscle and meat to their resumes" often tempted Australians to work overseas, creating a brain drain from Australia.
"Australian executives are very highly respected, particularly the ones coming through with finance skills," he said, adding that telecommunications, IT, engineering and environmental skills were currently in favour.
Stoneman said Asia was "under-resourced" because many skilled expatriates had left Asia at the start of the crisis, or had chosen not to go to the region. …