• Sign Up
  • |
  • Sign In Sign Out
  • |
  • Make us your home
  • |
  • RSS
1 2
1 15
1 4
1 9
1 13
1 14
IPO
1 25
1 5018
SME
1 5018
  • MAY JOIN RACE FOR SHELL'S EUROPEAN REFINERIES: SOURCES
  • SENSEX, NIFTY UP 1% EACH FOR THE WEEK
  • CNX MIDCAP INDEX UP 1%, BSE SMALLCAP INDEX UP 1.6%
  • METAL INDEX UP 3.7%, AUTO INDEX UP 2.3%, FMCG UP 1.5%
  • INDEX GAINERS: SUZLON UP 9.3%, TATA STEEL UP 6.3%, SAIL UP 5.3%
  • RIL SPOKESPERSON TO NDTV: 'REVIEWS CANNOT ASSURE TRANSACTIONS'
  • RIL SPOKESPERSON: 'WE ARE REVIEWING A NUMBER OF GLOBAL OPPORTUNITIES'
  • ESSAR-SHELL IN EXCLUSIVE NEGOTIATIONS TILL NOV 30 TO BUY 3 SHELL REFINERIES
  • APPROACHED SHELL FOR BUYOUTS BEFORE ESSAR'S EXCLUSIVE TALKS BEGUN
  • JSW ENERGY ALSO IN RACE FOR ANDREW YULE'S DPSC STAKE: NW
  • CESC, SREI INFRA IN RACE FOR ANDREW YULE'S DPSC STAKE: NW
  • GAMMON INFRA BAGS NHAI PROJECT WORTH RS.850 CRORES
  • NET PROFIT AT RS.48.2 CR VS RS.12 CR; SALES UP 55% AT RS.849 CR (YOY)
  • PROFIT UP 55% AT RS.143.50 CR; NET SALES UP 22.5% AT RS.2234.20 (YOY)
  • IMPORTING SUGAR BEING REVIEWED; NEED FOR ECONOMIC PRICING OF SUGAR
  • IN DISCUSSIONS WITH FARMERS TO COME AT PRICE COMFORTABLE FOR BOTH SIDES
  • TOO EARLY TO TALK OF DENA BANK MERGER WITH ANOTHER PSU BANK: NW
  • KEEPS OVERNIGHT LENDING RATE UNCHANGED AT 0.1%
  • STILL SEE DOWNSIDE RISK FOR THE ECONOMY
  • AIM TO CONVERT NON USERS TO USERS WITH THE HELP OF ROAMING TARIFF CUTS
  • PREFER TO REMAIN AGGRESSIVE WITHOUT GETTING INTO A PRICE WAR
  • MURTAZA KHORAKIWALA TO NDTV: CANNOT COMMENT ON SUB JUDICE MATTER
  • WOCKHARDT TO PAY BACK ALL SECURED, UNSECURED LOANS IN 5 YRS AS PER CDR
  • DBS TOP BRASS MET HABIL KHORAKIWALA TO DISCUSS WAYS OF SETTLEMENT: SRCS
  • EYEING TO SETTLE PAYMENT DEFAULT CASE OUT OF COURT: SOURCES
  • ALERT: ROAMING CONTRIBUTES 15% OF BHARTI REVENUES
  • ROAMING CALLS ON OTHER NETWORKS AT 80 PAISE/MINUTE
  • ROAMING CALLS ON OWN NETWORK AT 60 PAISE/MIN
  • SWAP TO REDUCE OVERALL FINANCE CHARGES FOR THE COMPANY: CFO
  • COMPLETES SWAP OF $875MN FOREX CONVERTIBLE BONDS
Updated: 24/06/2008 | 05:56 PM IST
India 3rd most popular country for sourcing talent
Press Trust of India
Tuesday, June 24, 2008 (New Delhi)
Comments:
Read (0)

India has been ranked as the third most popular destination for sourcing foreign talent and is believed to pose a threat to other nations' competitive ability, global staffing services firm Manpower said.

As many as 11 of the 26 foreign countries surveyed sourced talent from India and the country has been ranked third in the list of top ten countries believed to be an economic threat to other nations, according to the latest Manpower Inc Borderless Workforce Survey released on Tuesday.

"Of the 26 foreign countries surveyed, all nations with the exception of Costa Rica and Peru believe that India provides competitive threat to their own country's ability to compete economically," it added.

India is the third most popular country for sourcing foreign talent after China and United States. While the other seven major countries for sourcing foreign talent across the world, include United Kingdom, Germany, Japan, Spain, France, Canada and Poland.

Notwithstanding the fact that India is the third most popular destination for sourcing foreign talent, but the country receives the highest remittances about $27 billion from nationals working abroad, it is closely followed by China ($25.7 billion), Mexico ($25 billion) and Philippines ($17 billion), Manpower said.

The survey further highlights the fact that about 57 per cent of employers are concerned about the impact on labour market from talent migrating abroad, while only 21 per cent believe government and businesses are doing enough to  slow the outward migration of talent and attract these people back to India.

"In India, as in most other countries, the consensus is that businesses and governments are neither doing enough to slow outward migration, nor to attract these people back to their home countries after they have left for jobs or universities abroad," Manpower India Managing Director Naresh Malhan said.

Brain drain can be restricted in two ways firstly, by curbing talent to go out and secondly, by calling back the migrated talent.

"Domestic talent can be restricted to move out from the country by training them young so as to harness their capacity skills and we can attract the migrated talent back by offering them similar opportunities, which will ensure that they remain productive and able," Malhan said.

Saying that employers, governments and individuals need to strive to understand the supply and demand nature of labour flows across the world, the survey said "governments need to focus on attracting and retaining mobile talent ...and to consider how to relocating might affect their career and how to move successfully."

The top ten jobs that employers are filing with foreign talent across the 27 countries include – labourers, engineers, production operators, technicians, IT staff, sales representatives, administrative assistants, customer service representatives, senior executives and accounting and finance staff.

Manpower Inc gathered responses from 1,924 respondents in India and 28,000 globally in 27 individual countries and territories. The survey was done to determine employer concerns about the outward migration of talent and the extent to which they are utilising foreign talent to fill positions.

Comments:
Read (0)
Comments
 
Market Watch
         
Graphs
Stocks

                                Moremore
Stock Dashboard
Trading Calls
Rupal Saraogi
Rupal Saraogi
2.09% status
Current: Rs 1755.5
Simi Bhaumik
Simi Bhaumik
2.43% status
Current: Rs 2335.75
Stock Recos
The investors should remain invested in the stock
The investors can book partial profit and hold the remaining stock with a stoploss of closing below Rs 105
Buy or Sell
Today's Analyst: Neera Jain
Query : Sukhendu, an investor from Mumbai, has 500 Wockhardt at Rs 184/share.