Close X
Saturday, December 14, 2024
ADVT 
International

Why do Indians get more top US jobs than the Chinese?

Darpan News Desk Darpan, 06 Apr, 2014 12:06 PM
    Language, familiarity with Western culture and a willingness to move are the key reasons Indians are getting more top jobs in the US than the Chinese, who see more opportunity and good pay at home.
     
    So suggests a Wall Street Journal report citing the success of chief executives such as PepsiCo's Indra Nooyi, Deutsche Bank's Anshu Jain and MasterCard's Ajay Banga and the recent appointment of India-born Satya Nadella as Microsoft CEO.
     
    While "language and familiarity with Western culture are the obvious reasons" for their successes in the US, the Indians are also "more willing to move than Chinese", it says citing headhunters.
     
    "Salaries for management positions at the director level in China are already $131,000 a year, almost the same as in Japan, and four times as much as in India, where executives at that level earn $35,000 on average," the Journal says analysing "Why China Doesn't Export World-Class CEOs".
     
    Chinese pay is just one-fifth lower than the average level in the US, according to a survey of technology companies by Aon Hewitt, a human resource consulting company cited by the newspaper.
     
    "While India remains a tough place to live, China has become more comfortable in recent years, ranking as the No.1 country for expatriates in an HSBC survey," it says.
     
    Even those Chinese executives who move away to escape pollution and a slowing economy are more likely to land in Hong Kong or Singapore than get real international experience in markets such as Southeast Asia or Latin America, the Journal said.
     
    "Fewer than 10 percent of Chinese job candidates on average would be suitable for work in a foreign company because of their poor command of English and an education system that focuses on theory rather than practical skills," it said citing a report by consulting firm McKinsey & Co.
     
    But as China suffers from a shortage of top talent, despite its enormous pool of university graduates, with 7.3 million more expected in 2014, the Journal said state-owned enterprises and private companies are bidding for home-grown talent.
     
    Thus "Western companies aren't always the employer of choice in China anymore", it says. "With so much attention lavished on the most promising executives in China, many feel their opportunities are greater at home than abroad."

    MORE International ARTICLES

    An Indian hand in Saudi Arabia-Iran reconciliation?

    An Indian hand in Saudi Arabia-Iran reconciliation?
    Are regional rivals Iran and Saudi Arabia heading for a rapprochement? Is there an Indian hand in this? Talk on the possible development in the Gulf swirled in the diplomatic and strategic circles as India played host to Crown Prince Salman bin Abdulaziz of Saudi Arabia

    An Indian hand in Saudi Arabia-Iran reconciliation?

    'Saudi economy is dependent on Indian workers'

    'Saudi economy is dependent on Indian workers'
    On Saudi Arabia's new "Nitaqat" labour policy that saw some 140,000 Indian expatriates returning home, Almunajjed said only those working illegally were affected.

    'Saudi economy is dependent on Indian workers'

    US College Board announces SAT overhaul

    US College Board announces SAT overhaul
    Creators of the US college entrance examination SAT have announced an overhaul of the test, eliminating mandatory essays, ending penalty for guessing wrong and cutting obscure vocabulary words.

    US College Board announces SAT overhaul

    Ukraine denies 'money-for-missile shield' talks with US

    Ukraine denies 'money-for-missile shield' talks with US
    Ukraine is not holding any talks on the deployment of US missile defence units on its territory in exchange for financial support, Ukrainian Ambassador in Belarus capital Minsk Mikhail Yezhel said Wednesday.

    Ukraine denies 'money-for-missile shield' talks with US

    Curious case of Yuan's strength: Still a one-way bet?

    Curious case of Yuan's strength: Still a one-way bet?
    Over the past four years, the gradual appreciation of the Chinese Yuan against the US dollar was considered a one way bet by currency traders.

    Curious case of Yuan's strength: Still a one-way bet?

    Vladimir Putin slams the 'coup' in Ukraine

    Vladimir Putin slams the 'coup' in Ukraine
    Putin said Yanukovych would have been killed if Russia did not give him refuge, and Moscow did so "on humanitarian motives". According to Putin, Russia received direct request from Yanukovych about military assistance. 

    Vladimir Putin slams the 'coup' in Ukraine