I'm guessing a few of you might have an insight in these nations so was wondering if you can help me with a dillema I am having.
I am an experienced recruiter with 5 years of work in London. (Markets covered IT, Finance and Sales & marketing) I have had decent success and reputation for being professional and trustworthy in an industry which has far too many people tarnishign its reputation
I have longed to move overseas and see my next 5+ years in Australasia and Asia.
I have received many offers, but have focused down to 2 opportunities and am having trouble deciding what is the best option.
One is for a start up Singapore office of a large global player who have a background in IT (but in recent years have excellent in finance, Pharamcutical, Oil and Gas, and others) The offer is slightly less money (after tax), but could be a great experience in setting up an office in Asia and could lead to opportunies of running future offices in Asia. They want me to help lead their commercial IT (non-finance). They also will have Oil and gas and finance divisons launching.
From what I understand the competition is fairly week in Asia and market entry is tougher than some other places. So when the market turns on the up, it could position us very well.
The other is in a privately owned Australian company with regional offices and a strong reputation in the Aussie IT recruitment market. They are offering a very competitive package and have money in the bank to fund expansions, they had a strong year last year with some good staff. They haven't diversified that much, which I feel represents a great opportunity to allow myself to further the company and get some of the start up experience in a new country that I feel will improve my CV. However there are a lot of recruitment business going to Oz and the competition is more mature than in other places in Asia.
My question to you is which option do you think will face the most obstacle in the short to medium term due to economic conditions. I am extremely keen to hear from people with experience of the Singaporean market as I have less experience of the region and its expected problems.
I expect it to be a tough year for all westernised nations. Australia has been predicted flat growth and recent new reports from Singapore have been frankly scary, but given the youth of the market, is that such a problem in the mid-term.
Thanks in advance.