Women Held Back by Lack of International Experience - Men Outnumber Women Four to One in Working Abroad

By Hydrogen Group, PRNE
Saturday, March 5, 2011

LONDON, March 7, 2011 - Too few women are working abroad compared to men despite being equally
keen to go, according to new research into global mobility among
high-achieving professionals.

(Photo:
www.newscom.com/cgi-bin/prnh/20110307/441554 )

The research was commissioned by the specialist recruitment company
Hydrogen Group and conducted by ESCP Europe. It highlights international
experience as a significant advantage to climbing the career ladder for any
senior manager in today's global marketplace, but men still outnumber women
four to one in making this move.

The Global Professionals on the Move Report 2011 also reveals women who
work overseas tend to be based closer to home than their male counterparts,
and keen to return home rather than stay overseas when it comes to their next
career move.

The second annual report, released today, analyses responses from 2,637
professionals with qualifications of a bachelor degree or above, with the
majority of respondents - 91 percent - already working abroad or looking to
do so. The survey offers unique insights into the experiences, attitudes,
motivations and priorities of highly qualified, high earning, professionals
from around the world on working overseas.

It also highlights the extent to which international experience is
important not just to individuals, but to companies, with 63 percent saying
international experience was important to their company.

Commenting on the findings, Hydrogen Group's Chief Executive Officer, Tim
Smeaton
, says: "The debate about the barriers to women's career progress has
focused on issues such as flexible working and male dominated board rooms.
This research aims to highlight the impact of international experience which
further affects their ability to climb the corporate ladder."

He continues: "Hydrogen is seeing an increase in the number of employers
seeking highly qualified senior women. From partnering with many large
banking groups we've found diversity has become a key theme when finding them
the best talent. They want to close the diversity gaps existing in their
workplace to accurately reflect the globalisation of their business. Many of
our clients now approach us to help them find highly qualified professionals
of different genders, races and ages."

Among the gender based findings of the report:

    - Whilst women want to relocate almost as much as men - 41 percent of
    women, compared to 46 percent of men - with only 20 percent of survey
    respondents being women, men are currently securing more positions by a
    ratio of 4:1

    - Double the number of women already working abroad were single - 51
    percent compared with 23 percent of men - whereas the opposite was the
    case for men, 65 percent of whom were married. Generally women working
    abroad didn't have children, whereas men were equally likely to have
    children, regardless of whether they worked overseas or not

    - When asked about plans for the future, double the number of women (32
    percent) stated they wanted to go back to their home country, compared to
    just 15 percent of men

    - Working abroad was found to be as satisfying for women as for men with
    100 percent of the women surveyed saying they would recommend the
    experience to others

    - Women were less satisfied than men regarding pay - 84 percent of men
    said moving abroad had improved their salary, only 74 percent of women
    reported the same - Similarly, 78 percent of men said their living
    conditions had improved, while that was the case for only 68 percent of
    women

Dr Claudia Jonczyk of ESCP Europe believes the findings resonate with
much that is already known about the root causes of too few women in top
positions. "It has been repeatedly shown that women face particular hurdles
on the way to the top that men simply don't have to face," she says. "The
ones that do choose to work abroad are helping to break down the traditional
barriers and having an enjoyable experience at the same time."

Commenting on the research, Tim Smeaton added: "We produce the report to
determine shifts in candidate perceptions of overseas working. We envisage
global mobility will play a greater role in people's career decisions moving
forward and have moved 40 of our own employees around our global offices in
the last 18 months, so we understand the issues faced by both our candidates
and clients when advising them about relocation."

Notes to editors

Hydrogen Group is a global specialist recruitment group which focuses on
finding and building relationships with high-quality specialist candidates
that our clients have difficulty sourcing themselves. Hydrogen recruits
across a number of global practice areas including technology, legal, HR,
pharmaceutical, finance, trading & advisory, and engineering.

www.hydrogengroup.com

ESCP Europe is one of the oldest business schools in the world. Founded
in Paris in 1819, the School provides postgraduate and executive-level
business education at five European campuses (Paris, London, Berlin, Madrid
and Turin), and globally via a broad network of academic partners.

www.escpeurope.eu

Media contacts

Fiona Leslie - Communications Management +44-1727-733884
fiona@communciationsmanagement.co.uk

Sam Proctor - Hydrogen Group Communications +44-207-090-7711
samanthaproctor@hydrogengroup.com

Photo:
www.newscom.com/cgi-bin/prnh/20110307/441554

Fiona Leslie - Communications Management +44-1727-733884
fiona at communciationsmanagement.co.uk Sam Proctor - Hydrogen Group Communications +44-207-090-7711, samanthaproctor at hydrogengroup.com

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