Is it me, or are more and more of your professional contacts taking jobs in Shanghai, Beijing, Singapore, Kuala Lumpur, Melbourne, Bangkok and the like?
Between a friend and I we recently worked out that we knew more than a dozen CSR and sustainability professionals who have taken jobs in the cities above.
Of course, the whole “the West is on the slide, East is the future” argument is playing a role here.
One mid-level manager told me he just couldn’t see enough opportunities to make it worth staying in Europe compared with opportunities out there.
We’re seeing the rising wealth, plus concerns about supply chain resilience and market access, driving these changes. Also, the big consultancies are hiring, presumably in advance of, or perhaps because of, demand. That’s definitely playing a role.
Also, I may be wrong, but from what I hear, the money being offered here and in Europe, given costs, is not particularly impressive:
80K for a senior CSR manager in a pharma company. 100K plus bonus/benefits for a Government and Stakeholder relations job in a mining firm. (Needing 15 years+ experience, that’s not very good money)
In many ways this shift to the East is a good thing. I’ve always looked upon the whole ‘rebalancing’ debate in a positive way.
It’s about time, globally speaking, more wealth was shared out.
Of course that has serious ramifications for the environment as we know.
That’s the problem.
It’s also a good thing because for far too long Asia has lagged the West in perceptions of who leads on corporate sustainability. Just look at the same old names that came up again in a recent survey.
It would be nice to think this new wave of managers and heads of CR can deliver some leadership from Asian-based companies.
Of course, it’s much more complicated than that as we all know. Culture, media, NGOs and civil society demands matter as much as wealth for companies to move forward on sustainability.
But it’s clearly a good sign for the ‘movement’ / profession / general progress, that we are seeing this shift.
From the 6000 or so of you that regularly read this blog, I’d like to know if US-based readers have noticed any similar such trends. I’d expect it to be less, but then I could well be wrong about that.