The more the Lebanese immigrate, the more they harm the salaries of their compatriots abroad. Or so says a piece in the International Herald Tribune.
In “A buyer’s market in Lebanon“, Bloomberg‘s Daniel Williams writes that the brain outflow from Lebanon is a “double whammy”, where it is “drying up the pool of skilled workers inside Lebanon and reducing salaries for some Lebanese outside.”
Some numbers are thrown in:
Offers for top executives in the Gulf states have fallen to $4,000 a month from $10,000; for assistant general managers, they’ve halved to $1,500.
I guess this leaves the Lebanese working in the Gulf grappling with previously unthinkable tradeoffs: “Hmm, I wonder if I should tell my cousin to come and work with me in Qatar. I know it will be fun having him around, but I’ll keep him in Lebanon for now. I like to keep my salary the way it is”
Hello, my name is Mustapha and I've been blogging about Lebanese society, business and politics since February 2005.
Whaaat? $4000 for a top executive?! and $1500 for assistant general manager to move to Qatar! No way! In Canada it is at least $6000 for assistant general manager and $12000 for a top executive.
Cheaper and the worst is that the educational sector would be soon affected.
This country is being dried from its best people and unfortunatly the politicians are not helping to prevent this to occur.
I choosed to stay but I m having more and more pressure to leave against me
I don’t think that the Lebanese emigration is really responsible for this, whatever the number of Lebanese in the Gulf is, it pales compared to the total number of qualified workers.
Lebanon exports cheap executives
frenchy, don’t generalize all the politicians!!! It is the Hizb-Iran politicians and the stooges of Syria who are causing instability in Lebanon and forcing the educated Lebanese to leave for jobs while the others are smoking argilah in downtown Beirut!
Why does that sound strange. It is simply the law of supply and demand.
GK is right on. Wake up HA lackies…Sorry but it is time that the rest of the Lebanese rise up and stop the bully Hizbos…Let’s take off the gloves. Everything said isn Lebanon is sectarian based. HA master plan is making sure all educated “LIFE LOVING” people leave Lebanon so that they can have a massive “Suicide country”. God help all those who cannot find a way out!
Oscar goes to HassAoun for driving out the Christian population…finishing off what he started in 88.
well… I wouldn’t mind see the “divine hole CEO” and the “Fake Parlamient administrator” leaving the country
There you go Mus, the problem was solved right here on your blog.
We blame the other side.
That’s our contribution to solving the brain drain crisis.
No it is all of them.
The majority is as well guilty of sacrifying a whole country and its population for a “tribunal” making it unstable for the 10 coming years.
We need stability.
moreover
To resume my position:
Majority, their program is the tribunal.
What about the socio-economical situation, what to improve, what their plans? Paris III is not a solution as it doesnt resolve the basic changes we need in our own economy, our own financial structure with an economy mainly controled by few.
Privatisation, creation of wealth must be equitable, for ex i dont think i ll be able as an individual to buy shares of the future privatized telecom company. Or the electricity etc… etc… bringing a balanced wealth distribution into our own society. We create wealth, we share it. But in reality only few people benefit from it.
To theses questions, the majority is silent.
What about the structural political changes? We need to improve our rules to make the institution functionning. And here i m just afraid and what is going on prove it today, that the syrian occupation btw 90 et 2005 was just an anesthesia as the civil war is not over in the mind of people. This allows foreign interferences into our system. America or Iran, or Syria, they are all the same.
I m looking by consequence to the people that are able to have an independant policy. But do the people try to get ride of their secterian policies implemented in 58 through an electoral law at that time? no.
They are just thinking with a secterian and biast vision.