Who Lives Well in Russia: Russia is waiting for the invasion of expats

According to the latest research ARCSPO, one in five Russians wants to leave Russia. However, the number of foreigners who want to take the vacated jobs, growing even more rapidly. In this case, it's not just about immigrants from Central Asia and Eastern Europe, but also about the "elite guest workers" — expats working in highly paid positions of top managers and financial strategists.

According to the Federal Migration Service of Russia in every year enters all the more in 2011. compared to 2010. influx of skilled foreign professionals has grown by 40%, and work permits a simplified procedure has been issued to such persons is 3.5 times more than the year before. Russia is also, according to research HSBC, continues to be among the top five most attractive countries for expats.

Although the crisis and forced the company to reduce staff costs, including expensive "Vikings" in the new year, the budget deficit of the thawed Russian invasion can wait quite skilled foreign personnel. And above all, thanks to the accession to the WTO, a condition which is the opening of the borders for the workforce. His contribution to this process and will make a massive downsizing companies in the USA and Asia and the crisis in the eurozone. This may cause the arrival of foreign white-collar workers in experiencing an acute shortage Russia. How will these trends affect the Russian labor market, why foreigners obsessed with moving to our hearth and home and how much they earn in fact, we tried to find out in this article.

From dashing 90 before the crisis, "zero"

History of expats in Russia knows its ups and downs. The peak influx of foreigners came in 90th., When the young Russian capitalism is in dire need of skilled bankers, financiers and strategists, and every self-respecting businessman considered it his duty to have the company of at least one graduate of Harvard or Oxford. At that inexperienced traders were willing to pay such huge salaries to employees who quickly made a spectacular career in Russia, but the Russian economy often bring little benefit. Russian sample 90 attracted expats quick and easy jobs, the possibility of developing new markets and opening their own business, low competition. Not surprisingly, in those years, many expats served as head of companies and representative offices of foreign companies.

In the "zero" years of Russian businessmen had time to gain experience and knowledge, did not need to raise the image of such a questionable way, and ineffective expatriates had to return home. In addition, by a new economic system, domestic experts have begun to compete successfully in the labor market with import specialists and gradually achieved parity with them in the management of corporations operating in Russia.

Consolidated the trend exodus of foreign executives from Russian crisis of 2008. "In a period of crisis and caused them to reduce budgets and salaries market has become less attractive to foreign experts," — said vice-president and managing director of human resources corporation ManpowerGroup Felix Kugel. Companies no longer have the resources to attract high-value expats, and were forced to go the domestic staff. Thus, in 2008. "Eldorado" left the three executives a foreign (Shendell Alex, Sean and John Polak Megi). The company admitted that her ex-pats no longer afford.

Opening the door

For the first time in the top attraction for expats The Expat Explorer Survey of British bank HSBC hit Russia in 2009., But right in the first place. Leadership in this country held the rank two years, but by the end of 2011. slipped to fourth place. As stated in the review, competitors have bypassed Russia primarily on indicators such as purchasing yachts, real estate with swimming pools, as well as access to quality health care. Meanwhile, Russia continues to offer foreign specialists the highest wages in the world. For example, one-third of foreign senior professionals earn, we have over 250 thousand dollars a year. The vast majority of expats surveyed say that they receive in Russia more than they could get at home.

"The salaries of foreign experts may be 25-30% higher than the wages of domestic workers with similar qualifications" — assesses the leading consultant recruitment agency Penny Lane Personnel Ella Mikhailov. In addition, expatriates usually get unheard by Russian standards, benefits package, which includes a centrally located apartment, car, gym, medical insurance and airfare. In addition, our country attractive in the eyes of foreigners make low income tax for individuals (13% versus 50% in many European countries) and extremely soft immigration laws for highly skilled professionals. Also positive impact on labor migration and the environment innograda presidential project "Skolkovo".

Many attractive in terms of the country lose Russia for convenience of entry. Thus, it is difficult, even when highly qualified specialists working in China, where it is necessary to prove that the alien is able to make a significant contribution to the development of China. Foreigners have come to work pretty hard and in the Scandinavian countries, Austria and Japan, where the government tries not to allow visitors to jobs that can take their own citizens. Russia is consistently softens the rules of entry to valuable staff.

We now have a simplified procedure involving Russian companies, foreign highly qualified specialists with salaries higher than 2 million rubles. per year, according to the president of HeadHunter Yuri Virovets. "But this strap allows for a simplified procedure to hire only guidelines and other high-level employees. Currently, as far as I know, the project is discussed lowering this barrier," — said Yu.Virovets. With its adoption Russia a little more than "slightly open" the door to foreigners wishing to work in this country.

A new wave

A number of trends emerging in the economy of Russia and the world, indicates that our motherland can be downright overwhelmed by a new invasion of foreign experts.

First of all because of the shortage of highly qualified personnel Russia remains extremely high, and fully satisfy its internal resources, many companies do not seem possible. Shortage of personnel is essential to determine the migration policy of Russia in the next decade. According to the president of HeadHunter Yu.Virovtsa, catastrophic shortage of staff in the field of information technology, manufacturing and engineering degrees, agriculture. Thus graduates of Russian "intergalactic academies" for quality training expats lose on all fronts.

In addition to internal Russian problems, there are serious external preconditions. In December last year, a number of the largest banks in the world, a wave of layoffs. Mass layoffs were even banks of Asia, which recently were considered stable. Experts believe that the dismissals were due to a sharp reduction in business activity in the region, and especially lenders got rid of the young employees, who are traditionally the most mobile group of the population.

Thousands reductions also occurred in CitiGroup, Bank of America, Yahoo!, USPS. The looming crisis in Europe will force the company to optimize labor costs in 2012. For example, French banks, which face serious liquidity problems, have announced massive reduction of employees in the near future. For example, the French BNP Paribas intends to cut 6.5% of the staff, the Italian UniCredit announced the dismissal of five thousand employees, the Swiss bank UBS also dismiss several thousand people.

His role in the integration of Russia int
o the global labor market play accession to the WTO. Officials claim that the invasion of illegal immigrants should not be afraid: innovation will concern primarily skilled personnel. According to WTO rules, Russia is obliged to guarantee the conditions under which any foreign company could get on the domestic market of the country. Thus, with the entry of Russia into the WTO entry will be facilitated by a "unique and highly skilled senior executives. All other categories of workers will find employment in the Russian companies under the old rules," according to director of the department of trade negotiations of Economic Development of Russia Maxim Medvedkov.

First signs of the WTO accession process can already be seen. At the end of last year, the company felt that recovery from the severe crisis of the first wave, find resources to attract top managers expat. So Isaac Sheps head brewer "Baltika", the financial indicators which before his arrival had deteriorated.

The best-known executives, expats in Russia

VTB Chaba Zentai (head of the regional network — the senior vice president of the bank), Gurinder Nihal (Senior Vice President, Head of transaction banking, VTB);
Alfa-Bank Andrew Baxter (Chief Financial Officer);
PSB Neil Withers (head of the Investor Relations);
Rosbank Marc-Emmanuel Vives (Deputy Chairman), Juan Carlos Albizzati (Vice Chairman);
Home Credit Bank Ivan Svitek (chairman);
OTP Bank Tamas Kamarashi (Vice Chairman);
"The opening of Capital" Thomas Mundy (Chief Strategist);
"Troika Dialog" Philippe Jordan (Head of Structured Products), Chris Weafer (Chief Strategist);
IG "ATON" Peter Westin (Chief Research Analyst)
ROSNO Hannes Shariputra Chopra (CEO), Hakan Danielsson (President), Christian Sebastian Müller (Deputy General Manager / Director of Financial Administration);
AvtoVAZ Francois Gerard (vice president of products and programs), Pascal Felten Paul Gil (Director of Quality);
group "GAS" Siegfried Wolf (Chairman), Bo Inge Andersson (GAZ Group President / Member of the Board of Directors of OJSC "GAZ");
"Polyus Gold" James Nyuvenheys (COO);
INTER RAO UES Dangiras Mikalaunas (Head of Mission);
Novatek Mark Jetway (deputy chairman of the company);
TNK-BP Jonathan Muir (CFO), Alexander Dodds (Executive Vice President, Exploration and Production), Francis Sommer (Senior Vice President, Operations and Technology), Didier Baudrand (Executive Vice President, Downstream, Executive Director);
Rosneft Lawrence Bates (Advisor to the President of Business Development / Vice-President);
"Rosinter" (brands "Planet Sushi", "Il Patio") Hugh Joseph Carroll (CEO), Joseph Heylner (senior vice president of marketing and sales);
"VimpelCom" Martin Furuseth (executive vice president of corporate strategy), Kjersti Wiklund (vice president of operations support).

Staying Alive

The highest unemployment rate in Russia — on economic and legal professions. According to official statistics, one out of ten graduated last year, please contact the Employment Service, is still unemployed. According to unofficial data, the figure is much higher. Work in the specialty financier or banker can not find just the graduates, and only the largest public universities. Stiff competition for these professions is also exacerbated by a high proportion of expatriates in the financial and banking sector. And in the future the competition will only increase.

In the new year, most expats will feel comfortable in segments such as FMCG (sale of consumer goods), marketing, IT, innovation, predicts a leading consultant recruitment agency Penny Lane Personnel Ella Mikhailov. The Agency believes that while the labor market will be most in demand senior managers, especially in the banking sector, heavy industry, consumer and oil and gas sectors. In connection with the expected another wave of staffing cuts in the U.S., Europe and Asia to the Russian interest financiers will only intensify in 2012.

In conclusion, let us recall that, according to VTsIOM, one in five Russians wants to leave Russia. But is it worth to resort to such measures? Prime minister Vladimir Putin, speaking of immigrants, said that "from the bed of the sick mother do not leave." The more so because my mother is very rich and distant relatives louder voice their rights to her inheritance.

Alina Evstigneeva

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