Moscow news
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05-Jun-2012
Expats eyeing local job opportunities
Job opportunities in Russia are becoming more lucrative for expats who are looking to flee crisis-struck Europe, recruiting experts have said.
But while the number of job seekers has been on the rise since 2011, career and salary ambitions seem to be waning in comparison to 2007, according to analysts.
“The main difference in today’s situations is expat’s willingness to take not only managerial positions, but also accept second- or third-rank occupations,” Artyom Ivakin, director with Page Personnel, told Kommersant.
Job applications triple
The number of job applicants from abroad has tripled since 2010, according to Page Personnel, while the number of expats who found jobs through the agency has been declining. In 2009, their numbers were already 30 percent less than in pre-crisis 2007.
In 2011, however, there was an 11 percent rise in new CVs submitted to the HeadHunter.ru website, according to the company’s president, Yury Virovets.
“The number of new expat CVs being submitted in 2011 was higher than in 2007,” he told Kommersant. The record of 2009, when the biggest number of foreign managers added their CVs to company’s online database, hasn’t been reached though, and 2012 is likely to see less new job seekers, according to Virovets.
Job opportunities in Russia are becoming more lucrative for expats who are looking to flee crisis-struck Europe, recruiting experts have said.
But while the number of job seekers has been on the rise since 2011, career and salary ambitions seem to be waning in comparison to 2007, according to analysts.
“The main difference in today’s situations is expat’s willingness to take not only managerial positions, but also accept second- or third-rank occupations,” Artyom Ivakin, director with Page Personnel, told Kommersant.
Job applications triple
The number of job applicants from abroad has tripled since 2010, according to Page Personnel, while the number of expats who found jobs through the agency has been declining. In 2009, their numbers were already 30 percent less than in pre-crisis 2007.
In 2011, however, there was an 11 percent rise in new CVs submitted to the HeadHunter.ru website, according to the company’s president, Yury Virovets.
“The number of new expat CVs being submitted in 2011 was higher than in 2007,” he told Kommersant. The record of 2009, when the biggest number of foreign managers added their CVs to company’s online database, hasn’t been reached though, and 2012 is likely to see less new job seekers, according to Virovets.
Euro zone escapees
Another trend is that today’s job seekers come mostly from the Euro zone, where the job market has been stagnating amid the prolonged financial crisis.
Managers from the US and Canada this time have shown less interest to re-locate to Russia, Andrew Kamnev, business development director at Brainpower CIS told Kommersant.
The list of the most widely mentioned mother tongues features English, German, Turkish, French, Hindi, Serbian, Arabic and Spanish, according to HeadHunter’s statistics.
But while the main areas of interest have remained without change – with oil and gas and banking ahead of all other sectors – career expectations have seen a significant decline.
“Among job seekers for middle-ranked management positions like marketing directors or department heads, foreign applicants appear pretty often. Seven to nine years ago, people used to come from abroad to manage or develop global business,” Yekatrina Gorokhova, director general at the Russian branch of international recruiter Kelly told Kommersant.