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Copyright © 2011 Hydrogen Group plc. All rights reserved — www.hydrogengroup.com
Contents                                                                                                                                                                               Executive summary




Questions asked...                                                        This is the second annual Global Professionals on the Move Report
                                                                                                                                                           saying that social media helped ease homesickness.
                                                                                                                                                           Interestingly, the research finds that a high proportion of this
                                                                          - commissioned by Hydrogen and conducted by a consultancy                        demographic (40 percent) stated home as where they currently are
— Would you consider relocating abroad?                                   project team from ESCP Europe. This research analyses the                        as opposed to where they were from. Virtually all, if they had to do it
                                                                          experience, attitudes, motivations and priorities of highly qualified,           again, would choose to go abroad. Although, however settled they
                                                                          high earning, professionals with regard to working abroad.
— Is international experience important in your company?                                                                                                   may be in their life abroad, seeking permanent residency remains a
                                                                                                                                                           step too far, with few respondents reporting to be keen on the idea.
                                                                          A key theme to emerge from the 2011 research is globalisation,
— How important is international experience to your career growth?        “the world is getting smaller” with advances in technology and                   Insofar as this report offers unique insights into the mindset of high
                                                                          communication playing their part. The top professionals surveyed                 flying professionals, an analysis of this year’s data on gender
                                                                          perceive and plan their careers in truly global terms, their top
— Where would you most like to relocate to?                               reasons for relocating being an interest in new experiences, greater
                                                                                                                                                           grounds is telling in the context of the ongoing debate surrounding
                                                                                                                                                           the lack of women in board level positions. That only 20 percent of
                                                                          earning potential and improved career opportunities. This was a                  respondents were women reflects the extent to which men
— What are your reasons for relocating?                                   notable change from last year, when financial motivations were                   outnumber women in working overseas. Moreover, the women who
                                                                          further down the list, suggesting the economic downturn has been                 were working abroad were far more likely than men to be single and
                                                                          more influential this year. Personal incentives aside, companies
— Has the economic climate influenced your decision to work abroad?       have higher international expectations, with 63 percent of
                                                                                                                                                           not have children. On the premise that the greater the international
                                                                                                                                                           experience the better, it was also revealing that women working
                                                                          respondents saying international experience was important to their               abroad tend not to go as far afield as men - thereby potentially
— What are the key barriers to finding a job?                             company - particularly in the energy, pharmaceutical and human                   limiting themselves further.
                                                                          resource sectors.

— How long did it take to find a job overseas?                            The 2011 Hydrogen report will doubtless be viewed against the
                                                                                                                                                           The survey was compiled from the responses of 2,637
                                                                                                                                                           professionals from 85 different countries with qualifications of a
                                                                          backdrop of the financial crisis and ongoing economic uncertainty                bachelor degree or above. With the majority of respondents (91
— How did you find your current job?                                      affecting all parts of the world. It is on this point that the 2011 report       percent) already working abroad or looking to do so, the survey
                                                                          is perhaps most telling, for while a lack of jobs is perceived to be the         offers unique insights into the mindset of career driven
                                                                          top barrier to securing a position overseas, the reality is that
— Has relocating been a positive experience?                              professional jobs are often readily available, with candidates more
                                                                                                                                                           professionals and the importance of international experience within
                                                                                                                                                           their overall skill set.
                                                                          likely to secure international roles faster than attaining similar
— What do you miss?                                                       roles at home.                                                                   This research confirms working overseas to be an extremely
                                                                                                                                                           positive experience, with the vast majority of respondents reporting
                                                                          Working overseas received a great endorsement from participants
— Has the use of social media helped ease homesickness whilst overseas?   who had already relocated, with 98 percent saying they would
                                                                                                                                                           that it improved their career prospects, salaries, living conditions
                                                                                                                                                           and personal development. Hydrogen Group’s own employees
                                                                          recommend working abroad to others and 76 percent of those                       have experienced these benefits, as Hydrogen not only focuses on
                                                                          away for at least three years saying they would stay working                     sourcing specialist international roles for candidates, but also
                                                                          overseas for longer.                                                             practice it internally, moving 40 of their own people around their
The gender divide                                                                                                                                          global offices in the last 18 months.
                                                                          While family remained the top reason cited by all respondents for
Appendix                                                                  not seeking a job overseas, missing friends and family was not an
                                                                          issue for those who made the move, thanks to the ease and
                                                                                                                                                           Hydrogen Group

                                                                          accessibility of the internet and social media - 71 percent of them              March 2011




                                            1                                                                                                          2
Would you consider relocating abroad?                                                                    Is international experience important in your company?




As in last year’s research, professionals are highly motivated to       A key finding of this research was the extent to which international
work abroad. The overwhelming majority (91 percent) of our              experience is important not just to individuals, but to companies as
survey’s respondents said they were already developing their            well, in terms of the overall skill sets they are seeking in their mid-
career internationally or were willing to do so in the future.          and senior-level leaders. 63 percent of respondents said
                                                                        international experience was important or very important to
                                                                        their company.

                                                                        Tim Smeaton, Chief Executive Officer of Hydrogen Group, says
                                                                        every business has the potential to operate on a global scale and
                                                                        needs appropriately experienced people to deliver against the
                                                                        ambitions of their organisations: “The world has changed and
                                                                        corporate growth is predominantly driven by emerging economies.
                                                                        The need for businesses to take advantage of these opportunities
                                                                        demands they operate globally far more than ever before.

                                                                        One of the key challenges they now face is hiring the right people to
                                                                        make international working succeed. It stands to reason that those
                                                                        with overseas experience in more senior roles are looked on more
                                                                        favourably and can command higher salaries than those without. In
                                                                        many locations the available talent pool does not include the skill
                                                                        sets currently demanded.”




                                                                        “Opportunities internationally are
                                                                        becoming increasingly desirable
                                                                        as a result of a shift in focus from
                                                                        West to East and the career
                                                                        advancement that can be offered.
                                                                        A number of companies now
                                                                        consider international tenure to be
                                                                        a prerequisite for Director level
                                                                        roles and above.

                                                                        “As a result, there is more
                                                                        competition for senior
                                                                        international posts and the
                                                                        selection criteria is becoming
                                                                        more stringent.”

                                                                        Dan Church, Hydrogen Client
                                                                        Services Director




                                                                    3                                                                             4
How important is international experience
to your career growth?




                                                     “Energy is a typical sector where the value chain                                             finding the best people, simply because clients
Professionals working in the sectors of energy,      of the business itself is often spread over multiple                                          prefer to hire those who have worked on
                                                                                                            "Globalisation of business
clinical research, human resources and finance       countries, if not continents. To get a sense of the                                           numerous international projects.”
                                                                                                            means that professionally
rate international experience more highly than       core business, you have to get out there and           speaking, the environment is
their counterparts working in other sectors.         live abroad.”                                                                                 International mobility is also considered
                                                                                                            very similar wherever you
Dr Claudia Jonczyk, Associate Professor of                                                                                                         important within the pharmaceutical sector, as
                                                                                                            work in the world. Yes, it is an
Organisational Behaviour at ESCP Europe,             Rory Ferguson, Hydrogen Darwin Park Director,                                                 Stephanie Murtagh, Manager Hydrogen
                                                                                                            upheaval, but it's also an
comments that in the case of HR, for example,        specialises in placing energy professionals:                                                  Pharmaceutical Practice, explains: “Frequently
                                                                                                            enlightening experience; one
international experience is essential. “How are       “Global mobility is considered an integral part of                                           clinical research projects operate on a global
                                                                                                            which provides you with a
you to recruit, evaluate and attract people in an    the job for most energy professionals. Those                                                  scale. Candidates with experience of working
                                                                                                            greater understanding of your
increasingly global workplace if you don’t know      choosing to work in the energy sector expect to                                               with international teams are essential to these
                                                                                                            strengths and weaknesses,
the different rules of engagement in respective      advance their career and develop their skills by                                              clients. Our candidates know that by gaining
                                                                                                            and which allows you to
national job markets? It’s essential to understand   working on projects all over the world.                                                       overseas experience not only will they be in high
                                                                                                            develop as a person and as a
that newcomers (from abroad) need to learn to        Subsequently, as recruiters looking to fulfil                                                 demand but they will also give themselves
                                                                                                            professional."
deal with cultural differences and understand        against our candidate and client requirements,                                                greater opportunity to work with specialists from
what makes them feel welcome and stay                international experience, or at least a willingness                                           across the world. For our clients, hiring from a
                                                                                                            Lyndsey McAuley - UK to UAE
engaged,” she says.                                  to travel, features highly in our criteria when                                               global talent pool provides a wealth of
                                                                                                                                                   experience and cultural diversity.”




                                                                       5                                                                       6
Top relocation destinations

        Echoing the findings of last year’s report, English speaking
        countries tend to be the most popular with professionals. One of the
        growing trends this year is the increase in interest of relocating to
        emerging countries such as China and Brazil.




                                        “The Middle East, Africa, Georgia,
                                        South America, I’ve wanted to work
                                        abroad since the first day I joined an
                                        oil company. To make it happen I
                                        contacted overseas agencies, including
                                        Hydrogen, so they could introduce me
                                        to international companies.

                                        “I love working in new places and
                                        meeting people from different cultures.
                                        You learn to integrate and understand
                                        diverse cultures as well as finding
                                        out as much as possible about our
                                        small world.”

                                        Michele Bonanni – Italy to Iraq




7   8
Reasons for relocating




                                                                                                            Has the economic climate influenced the
                                                                                                            decision to work abroad?

                                                      But, for the second year running this specific
The reasons impacting any individual’s decision       demographic of highly qualified, high earning
to work abroad are certain to be complex, but         professionals did not find the economic climate to
there was a notable difference in the findings this   be a major factor in taking the decision to work
year relating to why professionals want a job         abroad. In fact most respondents said it had not
overseas. While ‘new experiences’ remains the         influenced their willingness to move abroad. The
most cited reason (as was the case in 2010),          proportion of those who considered the economic
greater earning potential has jumped up the list      climate to have “increased a lot” their willingness
this year and is the second biggest reason,           to relocate has increased, but only slightly, from
compared to taking fourth place last year.            ten percent in 2010 to 14 percent this year.

The global downturn continues to make                 So, while this demographic is perhaps becoming
headlines. Respondents were asked specific            more swayed by the ability to command higher
questions about the influence of the current          salaries elsewhere, the economic downturn is still
economic climate on their desire to work abroad.      not in itself a driver to seeking a job abroad.




                                                                       9
What are the key barriers to finding a job?




                                                                                         It is perhaps not surprising, given the dominance of the economic
                                                                                         downturn on media agendas, that respondents interested in
                                                                                         working abroad said their plans had been hampered by a lack of
                                                                                         jobs, with 44 percent citing insufficient job opportunities as the
                                                                                         biggest barrier. However, elsewhere in the survey, those
                                                                                         professionals already abroad were asked about the length of their
                                                                                         job search. The majority stated they had found a job within
                                                                                         six months, with nearly four in ten quickly securing a post -
                                                                                         within less than a month, and 59 percent securing their position
                                                                                         within two months.

                                                                                         Chief Technical Officer for IIR Middle East, Jonathan Wiggans, was
                                                                                         on a plane to Dubai from the UK within two months of deciding to
                                              “It’s understandable in the current
                                                                                         move to a permanent international position, after a career which
                                              climate that people think there are
                                                                                         had seen him working away for two months at a time:
                                              fewer jobs. What we are seeing drop
                                                                                         “I saw the advert at the beginning of September 2008, had a face
                                              off on a local level is being balanced
                                                                                         to face interview in London, a telephone interview with Dubai,
                                              out as the number of global
                                                                                         and landed there on November 3rd.”
                                              opportunities increases.

                                              “It’s more a case of perception than
                                              reality, as 59% of candidates surveyed
                                              in the report said they had secured a
                                              position within two months from the
                                              start of their search. The findings also
                                              support the CV to interview ratio being
                                              much better for candidates when
                                              finding a role overseas than when
                                              looking at home.”

                                              Tim Smeaton, Hydrogen Group
                                              Chief Executive Officer




Length of time taken in overseas job search
How did you find your current job?




As was the case in last year’s report, using a recruitment consultant
was found to be the first route to a job overseas, according to
respondents who had been successful in their search. Those keen
to work abroad that haven’t yet made the move were most likely to
have done internet research around the idea. This is in line with last
year’s findings, suggesting once again that a more formalised,
structured approach to an international job search is the best
means of securing a positive outcome.




                                                                                                             "I returned to the UK in late
                                                                                                             December 2010 and started
                                                                                                             looking for work in January.
                                                                                                             Within two weeks Hydrogen
                                                                                                             had secured me a position."

                                                                                                             Liane Glass -
                                                                                                             South Africa to UK




                                                                              "Hydrogen was excellent at
                                                                              keeping in touch, checking
                                                                              everything was going well
                                                                              with the job and the move."

                                                                              Jonathan Wiggans - UK to UAE


                                                                         13                                                                  14
Has relocating been a positive experience?




                                                                                                        permanent residency remains a step too far for most, with only
                                  Our survey asked professionals already abroad about                   one in ten respondents abroad saying they would seek a
                                  improvements to living conditions, salary, career prospects and       change of status.
                                  personal development, and the responses were consistently
                                  upbeat. Virtually all (98 percent) of the 756 professionals already   Commenting on these findings, Dr Claudia Jonczyk from ESCP
                                  working abroad said relocating had been a positive experience for     Europe says that while it is increasingly common for professionals
                                  them – so much so that just under a quarter (23 percent) said they    to study, live and work abroad for some time, the typical pattern
                                  intended to stay longer than originally intended.                     remains to return home after 10 years. “The reasons for this are
                                                                                                        numerous as well as very individual,” she explains. “Deep down
                                  When asked about their next move, less than a fifth of respondents    the majority expect, or at least plan, to finally return home, while
                                  said they wanted to return to their home country, with 38 percent     at the same time they would not miss their overseas experience
                                  saying they were keen to find a job in another country.               for anything.”

                                  Tim Smeaton, Chief Executive Officer of Hydrogen Group, says:         Liane Glass first arrived in the UK from South Africa in 2009. She’s
                                  “We’re generally finding the candidates we place and move             now enjoying her second placement made by Hydrogen, a rolling
                                  overseas stay there longer than originally anticipated. Lower tax     three month contract as a financial accountant in the corporate
                                  rates, better perceived quality of life, and a buoyant employment     finance division of Lloyds TSB in London. She always planned to
                                  market can make it a far less stressful environment. This benefits    work internationally and, while completing her three year
                                  our clients equally by creating a more settled working population,    traineeship at home, began preparations for a career overseas by
                                  thus removing the need for the generous expat schemes that used       applying for the relevant visas and other paperwork and contacting
                                  to exist and are rapidly becoming harder to find.                     recruitment agencies.

                                  The news that over three quarters of survey respondents have          “Moving was quite a daunting experience but also exciting, as I
                                  been away for at least three years, and almost all movers say they    was setting up a new life. It’s definitely benefited my career,
                                  would recommend working abroad to others, will surely be              especially in terms of everything I’m learning. I don’t feel I’m
                                  welcomed by global businesses as much as it is by us, as a            missing out on anything by not being at home, it’s far better to have
                                  specialist global recruiter.”                                         the international experience on my CV.

                                  Virtually all (98 percent) respondents said they would recommend      I’ve had the chance to work in interesting environments with
                                  working abroad to others. Similarly, 93 percent reported that they    people from all over the world. I've travelled through Europe and
                                  would go abroad again if given the chance. But for all the            really enjoy living in a vibrant city like London. At the moment I
                                  satisfaction with working abroad – and staying there longer –         haven’t made any long term decisions as I still have so much to
                                                                                                        gain from working in the UK, and have lots of other countries
                                                                                                        to visit,” she says.




                                 15                                                                                                                                             16
What do you miss?                                                                    Has the use of social media/instant messaging
                                                                                      helped ease homesickness whilst overseas?


                         However fulfilling their life
                         overseas may be, professionals
                         working abroad will always
                         miss something about home,
                         and for most it’s family, which
                         topped the ‘miss list’ for seven
                         in ten of professionals already
                         abroad. Family was likewise the
                         top reason cited against
                         relocating. However, in terms of
                         adapting to new cultures and
                         making new friends,
                         respondents’ experiences were
                         again positive.



                         “I’ve made lots of friends and
                         done more exciting things than
                         if I’d stayed at home. I’m not
                         ruling out moving back but
                         won’t consider it for another
                         year. Its been a challenge -
                         settling into a new office,
                         missing family and friends,
                         and adapting to different ways
                         of doing things – but I
                         wouldn’t have missed it.”

                         Jacqueline Leigh – UK to
                         Australia



                         The survey included a specific
                         question for those already
                         working abroad about
                         homesickness, which was a
                         problem for only 6 percent of
                         professionals. The survey also
                         asked where they considered
                         home, with a surprisingly large
                         number (40 percent) of                                                         Social media has been one of the great revolutions of our times,
                                                                                                        radically changing the way we communicate with each other,
                         professionals saying home is
                         where they currently are as
                                                            "Technology makes it so easy. We can        personally and professionally. It is a major force in helping people
                                                                                                        bridge the miles, and for professionals working abroad it is clearly a
                         opposed to where their             see each other and talk all the time        vital tool to keeping in touch. While the availability of social media
                         families, or country of origin
                         were. A further 14 percent         through Facebook, sharing pictures          was not a significant influence on respondents’ decision to go
                         clearly see themselves as true                                                 abroad, once there it was a major factor in alleviating
                         global citizens, describing        and comments."                              homesickness with 71 percent saying the likes of Skype and
                                                                                                        Facebook helped make the transition easier, though only 23
                         home as “anywhere in
                         the world.”
                                                            Jonathan Wiggans - UK to UAE                percent said social media connectivity was an influence they took
                                                                                                        into consideration before they left.




                    17                                                                             18
The gender divide                                                                                                                                               partner 16%
                                                                                                                                                             widow(er) 1%
                                                                                                                                                               divorced 3%
                                                                        Moreover, double the percentage of women working abroad were                           married 29%
One of the biggest, and most emotive, employment issues is the          single, whereas the opposite was the case for men, who were more                         single 51%
lack of women in board level positions.                                 likely to be married. Women working abroad also did not, in the
                                                                                                                                                   children over 18 yrs 3%
                                                                        main, have children. Men, on the other hand, were just as likely to
Emma Halls, Hydrogen ANZ Director comments, “In the last six            have children, as not. A gender breakdown of respondents’ plans
                                                                                                                                                  children under 18 yrs 18%
months we have experienced a significant increase in the number         for the future was similarly revealing, with double the percentage of               no children 79%
of clients wanting to interview high profile, board level women.”       women (32 percent) stating they wanted to go back to their home
                                                                        country, compared to just 15 percent of men.
The survey offers fresh insight into factors affecting how few women
make it to the top in business – namely that women are not getting      Given the fact that the more international one's experience the
as much international experience as men, thereby hindering their        better, it was also revealing that women working abroad tended not
career progression.                                                     to travel as far afield as men – by limiting their development further.

One of the key findings of the survey was the extent to which
professionals and companies value international experience and
view it as vital to a successful career. Indeed, the correlation
                                                                        Dr Claudia Jonczyk from ESCP Europe, believes the findings
                                                                        resonate with what is already known about the root causes of too
                                                                        few women in top positions. “It has been repeatedly shown that
                                                                                                                                                                                           20%
between international experience and career progression is
generally accepted in most companies today. That only 20 percent
                                                                        women face particular hurdles on the way to the top,” she explains.
                                                                        “To name a few – a lack of mentoring career sponsorship, lack of                                                  female
of respondents working abroad were women shows the extent to
which women are not benefiting from this important aspect of
career experience. Women do express a desire to relocate almost
                                                                        access to influential (male) networks, as well as the number of
                                                                        children. All have been shown to negatively impact women’s career
                                                                        advancement and are hurdles that men simply do not have to face.”
                                                                                                                                                                                          abroad
as much as men, 41 percent of women, compared to 46 percent of
men, but the reality of working abroad is still realised by many more
men than women.



                                                                                                         8%         partner
                                                                                                         1%         widow(er)
                                                                                                         3%         divorced
                                                                                                         65%        married
                                                                                                         23%        single
                                                                                                         14%        children over 18 yrs
                                                                                                         40%        children under 18 yrs          She continues: “When it comes to international assignments, the                Dubai – possibly in Italy. She feels professional women are missing
                                                                                                         46%        no children                    ‘trailing female spouse’ is still the norm, the gender-based                   out by not considering an international position – even if it means
                                                                                                                                                   assumption being that the man’s career will take precedence.”                  moving far from home.

                                                                                                                                                   Aside from gender based assumptions and barriers, it remains a                 “I think there are misconceptions of the Middle East and Asia.
                                                                                                                                                   fact that working abroad is highly satisfying and fulfilling for women         People perceive that there’s an enormous cultural clash, but the
                                                                                                                                                   – and that the job opportunities are there to be had. Nine in ten              globalisation of business means that professionally speaking, the
                                                                                                                                                   women said relocating had been a positive experience, had                      environment is very similar wherever you work. Yes, it is an
                                                                                                                                                   accelerated their personal development and that they’d go abroad               upheaval, but it’s also enlightening, providing you with a greater


                                                                                                         80%                                       again; every woman (100 percent) surveyed said they would
                                                                                                                                                   recommend the experience to others.

                                                                                                                                                   One woman enjoying this experience is Lyndsey McAuley, an
                                                                                                                                                                                                                                  understanding of your strengths and weaknesses, allowing for
                                                                                                                                                                                                                                  development as a person and as a professional.”

                                                                                                                                                                                                                                  Interestingly, women’s satisfaction ratings trailed men’s in only two
                                                                                                                                                   Associate with the legal firm Clifford Chance in Dubai. After making           areas. While 84 percent of men said moving abroad had improved

                                                                                                         abroad                                    the decision to move abroad and contacting Law Professionals,
                                                                                                                                                   Hydrogen Group’s specialist legal recruitment business, she was
                                                                                                                                                   offered interviews with three firms within three weeks.
                                                                                                                                                                                                                                  their salary, only 74 percent of women reported the same. Similarly,
                                                                                                                                                                                                                                  78 percent of men said their living conditions had improved, while
                                                                                                                                                                                                                                  that was the case for only 68 percent of women.

                                                                                                                                                    “Professionally I have a lot more responsibility. I have developed far        Simon Walker, Hydrogen Asia Regional Managing Director, says
                                                                                                                                                   more in the last six months as a lawyer than the previous two years            diversity is a key issue among his clients: “From partnering with
                                                                                                                                                   in London and I’m undertaking a much broader role, both in terms               many large banking groups in Asia we’ve found diversity has
                                                                                                                                                   of geography and practice area.”                                               become a key theme when finding them the best talent. They want
                                                                                                                                                                                                                                  to close the diversity gaps existing in their workplace to accurately
                                                                                                                                                   Lyndsey’s contract in Dubai is a permanent one, and she is flexible            reflect the globalisation of their business. Many of our clients now
                                                                                                                                                   with regards to how long she will remain in the country. She would             approach us to help them find highly qualified professionals of
                                                                                                                                                   consider another international assignment on her departure from                different genders, races and ages.”

                                                                                                                                                                                                                             20
Appendix
                                                                      The home country of the majority of respondents (35 percent) was
The Hydrogen Global Professionals on the Move Report 2011 is          the United Kingdom, with the remaining coming from a fairly even
based on the results of a major online survey that ran during         spread of countries in Europe, Australasia, North America,
December 2010/January 2011 and attracted 2,637 responses              the Middle East and Asia.
from professionals of 85 different nationalities working in
professional services, industry and commerce, financial services      The respondents were mainly mid-senior level professionals and a
and the public sector.                                                majority earned in excess of USD76,000 per annum, the average
                                                                      being USD100,000 per annum. Virtually all held qualifications of a
The online survey was distributed using business social networking    bachelor degree or above.
sites, databases from Hydrogen Group, alumni of ESCP Europe,
and the University of Vienna.                                         Of the 2,637 respondents, 81 percent were over the age of 30 and
                                                                      87 percent had 5 or more years’ work experience.
The survey was conducted by a consultancy project team from
ESCP Europe and examined the opportunities and motivations of         The gender breakdown of the sample was 20 percent female and
mid- and senior-level professionals to working abroad.                80 percent male.

                                                                      756 respondents were already abroad and of the 594 of those that     Hydrogen Group and ESCP Europe
                                                                      revealed their gender, 117 were female and 477 were male.
Gross annual income level (USD)                                                                                                            Hydrogen Group is a global specialist recruitment group which
                                                                                                                                           focuses on finding and building relationships with high-quality
                                                                                                                                           specialist candidates that our clients have difficulty sourcing
                                                                                                                                           themselves. Hydrogen recruits across a number of global specialist
                                                                                                                                           practice areas including technology, legal, HR, pharmaceutical,
                                                                                                                                           finance, trading & advisory, and engineering.

                                                                                                                                           www.hydrogengroup.com



                                                                                                                                           ESCP Europe is one of the oldest business schools in the world.
                                                                                                                                           Founded in Paris in 1819, the School provides postgraduate and
                                                                                                                                           executive-level business education at five European campuses
Age                                                                                                                                        (Paris, London, Berlin, Madrid and Turin), and globally via a broad
                                                                                                                                           network of academic partners.

                                                                                                                                           www.escpeurope.eu




Working experience




Education




                                                                                                                                           for more information about this report please contact Alex Bigland
                                                                     21                                                                    alexandrabigland@hydrogengroup.com or +44 (0)20 7090 7739

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Hydrogen Group Global Mobility Report 2011

  • 1. repor t 2011 ove m the on nals essio Global prof Copyright © 2011 Hydrogen Group plc. All rights reserved — www.hydrogengroup.com
  • 2. Contents Executive summary Questions asked... This is the second annual Global Professionals on the Move Report saying that social media helped ease homesickness. Interestingly, the research finds that a high proportion of this - commissioned by Hydrogen and conducted by a consultancy demographic (40 percent) stated home as where they currently are — Would you consider relocating abroad? project team from ESCP Europe. This research analyses the as opposed to where they were from. Virtually all, if they had to do it experience, attitudes, motivations and priorities of highly qualified, again, would choose to go abroad. Although, however settled they high earning, professionals with regard to working abroad. — Is international experience important in your company? may be in their life abroad, seeking permanent residency remains a step too far, with few respondents reporting to be keen on the idea. A key theme to emerge from the 2011 research is globalisation, — How important is international experience to your career growth? “the world is getting smaller” with advances in technology and Insofar as this report offers unique insights into the mindset of high communication playing their part. The top professionals surveyed flying professionals, an analysis of this year’s data on gender perceive and plan their careers in truly global terms, their top — Where would you most like to relocate to? reasons for relocating being an interest in new experiences, greater grounds is telling in the context of the ongoing debate surrounding the lack of women in board level positions. That only 20 percent of earning potential and improved career opportunities. This was a respondents were women reflects the extent to which men — What are your reasons for relocating? notable change from last year, when financial motivations were outnumber women in working overseas. Moreover, the women who further down the list, suggesting the economic downturn has been were working abroad were far more likely than men to be single and more influential this year. Personal incentives aside, companies — Has the economic climate influenced your decision to work abroad? have higher international expectations, with 63 percent of not have children. On the premise that the greater the international experience the better, it was also revealing that women working respondents saying international experience was important to their abroad tend not to go as far afield as men - thereby potentially — What are the key barriers to finding a job? company - particularly in the energy, pharmaceutical and human limiting themselves further. resource sectors. — How long did it take to find a job overseas? The 2011 Hydrogen report will doubtless be viewed against the The survey was compiled from the responses of 2,637 professionals from 85 different countries with qualifications of a backdrop of the financial crisis and ongoing economic uncertainty bachelor degree or above. With the majority of respondents (91 — How did you find your current job? affecting all parts of the world. It is on this point that the 2011 report percent) already working abroad or looking to do so, the survey is perhaps most telling, for while a lack of jobs is perceived to be the offers unique insights into the mindset of career driven top barrier to securing a position overseas, the reality is that — Has relocating been a positive experience? professional jobs are often readily available, with candidates more professionals and the importance of international experience within their overall skill set. likely to secure international roles faster than attaining similar — What do you miss? roles at home. This research confirms working overseas to be an extremely positive experience, with the vast majority of respondents reporting Working overseas received a great endorsement from participants — Has the use of social media helped ease homesickness whilst overseas? who had already relocated, with 98 percent saying they would that it improved their career prospects, salaries, living conditions and personal development. Hydrogen Group’s own employees recommend working abroad to others and 76 percent of those have experienced these benefits, as Hydrogen not only focuses on away for at least three years saying they would stay working sourcing specialist international roles for candidates, but also overseas for longer. practice it internally, moving 40 of their own people around their The gender divide global offices in the last 18 months. While family remained the top reason cited by all respondents for Appendix not seeking a job overseas, missing friends and family was not an issue for those who made the move, thanks to the ease and Hydrogen Group accessibility of the internet and social media - 71 percent of them March 2011 1 2
  • 3. Would you consider relocating abroad? Is international experience important in your company? As in last year’s research, professionals are highly motivated to A key finding of this research was the extent to which international work abroad. The overwhelming majority (91 percent) of our experience is important not just to individuals, but to companies as survey’s respondents said they were already developing their well, in terms of the overall skill sets they are seeking in their mid- career internationally or were willing to do so in the future. and senior-level leaders. 63 percent of respondents said international experience was important or very important to their company. Tim Smeaton, Chief Executive Officer of Hydrogen Group, says every business has the potential to operate on a global scale and needs appropriately experienced people to deliver against the ambitions of their organisations: “The world has changed and corporate growth is predominantly driven by emerging economies. The need for businesses to take advantage of these opportunities demands they operate globally far more than ever before. One of the key challenges they now face is hiring the right people to make international working succeed. It stands to reason that those with overseas experience in more senior roles are looked on more favourably and can command higher salaries than those without. In many locations the available talent pool does not include the skill sets currently demanded.” “Opportunities internationally are becoming increasingly desirable as a result of a shift in focus from West to East and the career advancement that can be offered. A number of companies now consider international tenure to be a prerequisite for Director level roles and above. “As a result, there is more competition for senior international posts and the selection criteria is becoming more stringent.” Dan Church, Hydrogen Client Services Director 3 4
  • 4. How important is international experience to your career growth? “Energy is a typical sector where the value chain finding the best people, simply because clients Professionals working in the sectors of energy, of the business itself is often spread over multiple prefer to hire those who have worked on "Globalisation of business clinical research, human resources and finance countries, if not continents. To get a sense of the numerous international projects.” means that professionally rate international experience more highly than core business, you have to get out there and speaking, the environment is their counterparts working in other sectors. live abroad.” International mobility is also considered very similar wherever you Dr Claudia Jonczyk, Associate Professor of important within the pharmaceutical sector, as work in the world. Yes, it is an Organisational Behaviour at ESCP Europe, Rory Ferguson, Hydrogen Darwin Park Director, Stephanie Murtagh, Manager Hydrogen upheaval, but it's also an comments that in the case of HR, for example, specialises in placing energy professionals: Pharmaceutical Practice, explains: “Frequently enlightening experience; one international experience is essential. “How are “Global mobility is considered an integral part of clinical research projects operate on a global which provides you with a you to recruit, evaluate and attract people in an the job for most energy professionals. Those scale. Candidates with experience of working greater understanding of your increasingly global workplace if you don’t know choosing to work in the energy sector expect to with international teams are essential to these strengths and weaknesses, the different rules of engagement in respective advance their career and develop their skills by clients. Our candidates know that by gaining and which allows you to national job markets? It’s essential to understand working on projects all over the world. overseas experience not only will they be in high develop as a person and as a that newcomers (from abroad) need to learn to Subsequently, as recruiters looking to fulfil demand but they will also give themselves professional." deal with cultural differences and understand against our candidate and client requirements, greater opportunity to work with specialists from what makes them feel welcome and stay international experience, or at least a willingness across the world. For our clients, hiring from a Lyndsey McAuley - UK to UAE engaged,” she says. to travel, features highly in our criteria when global talent pool provides a wealth of experience and cultural diversity.” 5 6
  • 5. Top relocation destinations Echoing the findings of last year’s report, English speaking countries tend to be the most popular with professionals. One of the growing trends this year is the increase in interest of relocating to emerging countries such as China and Brazil. “The Middle East, Africa, Georgia, South America, I’ve wanted to work abroad since the first day I joined an oil company. To make it happen I contacted overseas agencies, including Hydrogen, so they could introduce me to international companies. “I love working in new places and meeting people from different cultures. You learn to integrate and understand diverse cultures as well as finding out as much as possible about our small world.” Michele Bonanni – Italy to Iraq 7 8
  • 6. Reasons for relocating Has the economic climate influenced the decision to work abroad? But, for the second year running this specific The reasons impacting any individual’s decision demographic of highly qualified, high earning to work abroad are certain to be complex, but professionals did not find the economic climate to there was a notable difference in the findings this be a major factor in taking the decision to work year relating to why professionals want a job abroad. In fact most respondents said it had not overseas. While ‘new experiences’ remains the influenced their willingness to move abroad. The most cited reason (as was the case in 2010), proportion of those who considered the economic greater earning potential has jumped up the list climate to have “increased a lot” their willingness this year and is the second biggest reason, to relocate has increased, but only slightly, from compared to taking fourth place last year. ten percent in 2010 to 14 percent this year. The global downturn continues to make So, while this demographic is perhaps becoming headlines. Respondents were asked specific more swayed by the ability to command higher questions about the influence of the current salaries elsewhere, the economic downturn is still economic climate on their desire to work abroad. not in itself a driver to seeking a job abroad. 9
  • 7. What are the key barriers to finding a job? It is perhaps not surprising, given the dominance of the economic downturn on media agendas, that respondents interested in working abroad said their plans had been hampered by a lack of jobs, with 44 percent citing insufficient job opportunities as the biggest barrier. However, elsewhere in the survey, those professionals already abroad were asked about the length of their job search. The majority stated they had found a job within six months, with nearly four in ten quickly securing a post - within less than a month, and 59 percent securing their position within two months. Chief Technical Officer for IIR Middle East, Jonathan Wiggans, was on a plane to Dubai from the UK within two months of deciding to “It’s understandable in the current move to a permanent international position, after a career which climate that people think there are had seen him working away for two months at a time: fewer jobs. What we are seeing drop “I saw the advert at the beginning of September 2008, had a face off on a local level is being balanced to face interview in London, a telephone interview with Dubai, out as the number of global and landed there on November 3rd.” opportunities increases. “It’s more a case of perception than reality, as 59% of candidates surveyed in the report said they had secured a position within two months from the start of their search. The findings also support the CV to interview ratio being much better for candidates when finding a role overseas than when looking at home.” Tim Smeaton, Hydrogen Group Chief Executive Officer Length of time taken in overseas job search
  • 8. How did you find your current job? As was the case in last year’s report, using a recruitment consultant was found to be the first route to a job overseas, according to respondents who had been successful in their search. Those keen to work abroad that haven’t yet made the move were most likely to have done internet research around the idea. This is in line with last year’s findings, suggesting once again that a more formalised, structured approach to an international job search is the best means of securing a positive outcome. "I returned to the UK in late December 2010 and started looking for work in January. Within two weeks Hydrogen had secured me a position." Liane Glass - South Africa to UK "Hydrogen was excellent at keeping in touch, checking everything was going well with the job and the move." Jonathan Wiggans - UK to UAE 13 14
  • 9. Has relocating been a positive experience? permanent residency remains a step too far for most, with only Our survey asked professionals already abroad about one in ten respondents abroad saying they would seek a improvements to living conditions, salary, career prospects and change of status. personal development, and the responses were consistently upbeat. Virtually all (98 percent) of the 756 professionals already Commenting on these findings, Dr Claudia Jonczyk from ESCP working abroad said relocating had been a positive experience for Europe says that while it is increasingly common for professionals them – so much so that just under a quarter (23 percent) said they to study, live and work abroad for some time, the typical pattern intended to stay longer than originally intended. remains to return home after 10 years. “The reasons for this are numerous as well as very individual,” she explains. “Deep down When asked about their next move, less than a fifth of respondents the majority expect, or at least plan, to finally return home, while said they wanted to return to their home country, with 38 percent at the same time they would not miss their overseas experience saying they were keen to find a job in another country. for anything.” Tim Smeaton, Chief Executive Officer of Hydrogen Group, says: Liane Glass first arrived in the UK from South Africa in 2009. She’s “We’re generally finding the candidates we place and move now enjoying her second placement made by Hydrogen, a rolling overseas stay there longer than originally anticipated. Lower tax three month contract as a financial accountant in the corporate rates, better perceived quality of life, and a buoyant employment finance division of Lloyds TSB in London. She always planned to market can make it a far less stressful environment. This benefits work internationally and, while completing her three year our clients equally by creating a more settled working population, traineeship at home, began preparations for a career overseas by thus removing the need for the generous expat schemes that used applying for the relevant visas and other paperwork and contacting to exist and are rapidly becoming harder to find. recruitment agencies. The news that over three quarters of survey respondents have “Moving was quite a daunting experience but also exciting, as I been away for at least three years, and almost all movers say they was setting up a new life. It’s definitely benefited my career, would recommend working abroad to others, will surely be especially in terms of everything I’m learning. I don’t feel I’m welcomed by global businesses as much as it is by us, as a missing out on anything by not being at home, it’s far better to have specialist global recruiter.” the international experience on my CV. Virtually all (98 percent) respondents said they would recommend I’ve had the chance to work in interesting environments with working abroad to others. Similarly, 93 percent reported that they people from all over the world. I've travelled through Europe and would go abroad again if given the chance. But for all the really enjoy living in a vibrant city like London. At the moment I satisfaction with working abroad – and staying there longer – haven’t made any long term decisions as I still have so much to gain from working in the UK, and have lots of other countries to visit,” she says. 15 16
  • 10. What do you miss? Has the use of social media/instant messaging helped ease homesickness whilst overseas? However fulfilling their life overseas may be, professionals working abroad will always miss something about home, and for most it’s family, which topped the ‘miss list’ for seven in ten of professionals already abroad. Family was likewise the top reason cited against relocating. However, in terms of adapting to new cultures and making new friends, respondents’ experiences were again positive. “I’ve made lots of friends and done more exciting things than if I’d stayed at home. I’m not ruling out moving back but won’t consider it for another year. Its been a challenge - settling into a new office, missing family and friends, and adapting to different ways of doing things – but I wouldn’t have missed it.” Jacqueline Leigh – UK to Australia The survey included a specific question for those already working abroad about homesickness, which was a problem for only 6 percent of professionals. The survey also asked where they considered home, with a surprisingly large number (40 percent) of Social media has been one of the great revolutions of our times, radically changing the way we communicate with each other, professionals saying home is where they currently are as "Technology makes it so easy. We can personally and professionally. It is a major force in helping people bridge the miles, and for professionals working abroad it is clearly a opposed to where their see each other and talk all the time vital tool to keeping in touch. While the availability of social media families, or country of origin were. A further 14 percent through Facebook, sharing pictures was not a significant influence on respondents’ decision to go clearly see themselves as true abroad, once there it was a major factor in alleviating global citizens, describing and comments." homesickness with 71 percent saying the likes of Skype and Facebook helped make the transition easier, though only 23 home as “anywhere in the world.” Jonathan Wiggans - UK to UAE percent said social media connectivity was an influence they took into consideration before they left. 17 18
  • 11. The gender divide partner 16% widow(er) 1% divorced 3% Moreover, double the percentage of women working abroad were married 29% One of the biggest, and most emotive, employment issues is the single, whereas the opposite was the case for men, who were more single 51% lack of women in board level positions. likely to be married. Women working abroad also did not, in the children over 18 yrs 3% main, have children. Men, on the other hand, were just as likely to Emma Halls, Hydrogen ANZ Director comments, “In the last six have children, as not. A gender breakdown of respondents’ plans children under 18 yrs 18% months we have experienced a significant increase in the number for the future was similarly revealing, with double the percentage of no children 79% of clients wanting to interview high profile, board level women.” women (32 percent) stating they wanted to go back to their home country, compared to just 15 percent of men. The survey offers fresh insight into factors affecting how few women make it to the top in business – namely that women are not getting Given the fact that the more international one's experience the as much international experience as men, thereby hindering their better, it was also revealing that women working abroad tended not career progression. to travel as far afield as men – by limiting their development further. One of the key findings of the survey was the extent to which professionals and companies value international experience and view it as vital to a successful career. Indeed, the correlation Dr Claudia Jonczyk from ESCP Europe, believes the findings resonate with what is already known about the root causes of too few women in top positions. “It has been repeatedly shown that 20% between international experience and career progression is generally accepted in most companies today. That only 20 percent women face particular hurdles on the way to the top,” she explains. “To name a few – a lack of mentoring career sponsorship, lack of female of respondents working abroad were women shows the extent to which women are not benefiting from this important aspect of career experience. Women do express a desire to relocate almost access to influential (male) networks, as well as the number of children. All have been shown to negatively impact women’s career advancement and are hurdles that men simply do not have to face.” abroad as much as men, 41 percent of women, compared to 46 percent of men, but the reality of working abroad is still realised by many more men than women. 8% partner 1% widow(er) 3% divorced 65% married 23% single 14% children over 18 yrs 40% children under 18 yrs She continues: “When it comes to international assignments, the Dubai – possibly in Italy. She feels professional women are missing 46% no children ‘trailing female spouse’ is still the norm, the gender-based out by not considering an international position – even if it means assumption being that the man’s career will take precedence.” moving far from home. Aside from gender based assumptions and barriers, it remains a “I think there are misconceptions of the Middle East and Asia. fact that working abroad is highly satisfying and fulfilling for women People perceive that there’s an enormous cultural clash, but the – and that the job opportunities are there to be had. Nine in ten globalisation of business means that professionally speaking, the women said relocating had been a positive experience, had environment is very similar wherever you work. Yes, it is an accelerated their personal development and that they’d go abroad upheaval, but it’s also enlightening, providing you with a greater 80% again; every woman (100 percent) surveyed said they would recommend the experience to others. One woman enjoying this experience is Lyndsey McAuley, an understanding of your strengths and weaknesses, allowing for development as a person and as a professional.” Interestingly, women’s satisfaction ratings trailed men’s in only two Associate with the legal firm Clifford Chance in Dubai. After making areas. While 84 percent of men said moving abroad had improved abroad the decision to move abroad and contacting Law Professionals, Hydrogen Group’s specialist legal recruitment business, she was offered interviews with three firms within three weeks. their salary, only 74 percent of women reported the same. Similarly, 78 percent of men said their living conditions had improved, while that was the case for only 68 percent of women. “Professionally I have a lot more responsibility. I have developed far Simon Walker, Hydrogen Asia Regional Managing Director, says more in the last six months as a lawyer than the previous two years diversity is a key issue among his clients: “From partnering with in London and I’m undertaking a much broader role, both in terms many large banking groups in Asia we’ve found diversity has of geography and practice area.” become a key theme when finding them the best talent. They want to close the diversity gaps existing in their workplace to accurately Lyndsey’s contract in Dubai is a permanent one, and she is flexible reflect the globalisation of their business. Many of our clients now with regards to how long she will remain in the country. She would approach us to help them find highly qualified professionals of consider another international assignment on her departure from different genders, races and ages.” 20
  • 12. Appendix The home country of the majority of respondents (35 percent) was The Hydrogen Global Professionals on the Move Report 2011 is the United Kingdom, with the remaining coming from a fairly even based on the results of a major online survey that ran during spread of countries in Europe, Australasia, North America, December 2010/January 2011 and attracted 2,637 responses the Middle East and Asia. from professionals of 85 different nationalities working in professional services, industry and commerce, financial services The respondents were mainly mid-senior level professionals and a and the public sector. majority earned in excess of USD76,000 per annum, the average being USD100,000 per annum. Virtually all held qualifications of a The online survey was distributed using business social networking bachelor degree or above. sites, databases from Hydrogen Group, alumni of ESCP Europe, and the University of Vienna. Of the 2,637 respondents, 81 percent were over the age of 30 and 87 percent had 5 or more years’ work experience. The survey was conducted by a consultancy project team from ESCP Europe and examined the opportunities and motivations of The gender breakdown of the sample was 20 percent female and mid- and senior-level professionals to working abroad. 80 percent male. 756 respondents were already abroad and of the 594 of those that Hydrogen Group and ESCP Europe revealed their gender, 117 were female and 477 were male. Gross annual income level (USD) Hydrogen Group is a global specialist recruitment group which focuses on finding and building relationships with high-quality specialist candidates that our clients have difficulty sourcing themselves. Hydrogen recruits across a number of global specialist practice areas including technology, legal, HR, pharmaceutical, finance, trading & advisory, and engineering. www.hydrogengroup.com ESCP Europe is one of the oldest business schools in the world. Founded in Paris in 1819, the School provides postgraduate and executive-level business education at five European campuses Age (Paris, London, Berlin, Madrid and Turin), and globally via a broad network of academic partners. www.escpeurope.eu Working experience Education for more information about this report please contact Alex Bigland 21 alexandrabigland@hydrogengroup.com or +44 (0)20 7090 7739