This Week's Herman Trend Alert Women---Expanding their Sphere of Influence

The Herman Trend Alert September 30, 2009 US Brain Drain More than 50 percent of the science graduate students in the United States are foreign-born. Due to a lack of emphasis on the STEM (Science, Engineering, Technology, and Math) subjects and the fear that the curricula will be too challenging, native-born students have passed up these post-college options. Filling the void have been the foreign-born for whom a US graduate degree was and is a meaningful ticket to a prosperous future. A trend we forecast numerous times is now official: Within the next five years, hundreds of thousands Chinese and Indian immigrants who in the past would have stayed and worked for US companies will go home permanently. This history-making trend was recently revealed in a recently released study, Professor Vivek Wadhwa of Duke University. The Brain Drain is already affecting US companies and will have increasingly devastating consequences. There are several reasons why this homecoming is taking place. First, there are increasing job opportunities for them at home. In the last two years, the economies in India and China both grew much faster that the US. Not only are they welcomed with open arms, but because they have studied abroad, they have a better understanding of how to do business in the US. China even offers financial assistance and housing incentives to lure skilled workers home. Second, because the Asian cultures are so different from those of the US, there is a strong comfort factor that is missing for workers choosing to stay. They miss their loved ones and rarely enjoy the same support systems. Finally, US immigration laws and attitudes (fueled by 9/11 and recent economic challenges) discourage immigrants from staying. The now long and arduous process of obtaining one of the relatively few H1B visas or applying for green card status dishearten even the most enthusiastic. Though Wadhwa only studied students from Asian countries, the same situations apply to graduate students from South America, Africa, and the Middle East. The good news is that we believe that once the US economy really recovers, the rate of departure will slow somewhat; however the cultural and home economic factors will remain. © Copyright 1998- by The Herman Group, Inc. -- reproduction for publication is encouraged, with the following attribution: From "The Herman Trend Alert," by Roger Herman and Joyce Gioia, Strategic Business Futurists. (800) 227-3566 or http://www.hermangroup.com. The Herman Trend Alert is a trademark of The Herman Group, Inc." EMPLOYERS AND JOBSEEKERS: MARK YOUR CALENDARS Advertise at or attend VetJobs Virtual Career Fairs. VetJobs, the top veterans' job board, and PSI, the premier diversity job fair producer, are teaming up to launch these VeteransCONNECT events. Employer registration is now open with loading by February 15th. Candidate loading begins March 1st. Expect 25-30 employers and an attendee goal of 2,000 skilled jobseekers. Promoted extensively, early registration begins NOW. To register or request additional information, contact VetJobs at 877-838-5627 or email info@vetjobs.com; Employers: Mention the Herman Trend Alert to receive a Bonus. LOOKING FOR A UNIQUE VALENTINE’S GIFT? Give the gift of leadership advice in our weekly Lessons in Leadership to help your supervisors and managers remind your leaders about what’s really important The 52-week subscription is only $47, a bargain when you think about the savings to your organization in reduced turnover. Quantity discounts available by emailing Joyce at joyce@hermangroup.com. http://www.hermangroup.com/store/subscription_all.html#3 Order today! PREVENT EMPLOYEE TURNOVER IN 2012 Yes, you can prevent costly employee turnover, when you train your supervisors, managers, and executives. They will learn dozens of low and no-cost strategies and tactics that they can implement right away. We have an impressive track record and stand ready to help you. Call Carl at 336-210-3547 for a no-obligation conference call. Herman Trend Alerts are produced by the Herman Group, strategic business futurists, Certified Management Consultants, authors, and professional speakers. New subscribers are welcome. There is no charge for this public service. The Herman Trend Alert is received by over 30,000 subscribers in 78 countries, in addition to other websites and printed magazines. Do you enjoy receiving this weekly e-mail update? Contact us about our co-branded Trend Alert service. Click here to sign up for the Herman Trend Alert. Subscribe or Unsubscribe to weekly Herman Trend Alert View this week's Herman Trend Alert Archived Weekly Herman Trend Alerts

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