02 Dec '11, 4am

Forget the job market: If you want to move to Singapore, try an internal transfer: Another attendee summ... #Expats

As banks in Singapore clamp down on costs, they are carrying out less external recruitment of overseas-based candidates. The best route into the city state these days is via a transfer with your current employer, according to a 20-strong panel of in-house financial HR professionals who attended this week’s eFinancialCareers Singapore roundtable. But candidates must first overcome potential managerial objections and be prepared to take a local package. As well as being cheaper than external relocations, internal mobility programmes should “aim to create an open market for talent and retain people within the organisation,” said one of the roundtable delegates, all of whom asked not to be named in this report. "We are all focusing on internal mobility going forward," he added. “Expat” alert Unfortunately for HR professionals, however, many potential transferees are shocked by...

Full article: http://news.efinancialcareers.sg/newsandviews_item/newsIt...

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