Wd40 wrote:
Yeah, good point! Also Asia and Singapore still happens to be punishment transfer destination, although not to the same degree as in the past. We had a post couple of weeks ago about a banker in Sydney, forced to relocate to Singapore.
In my bank too, the white expats dont particularly look happy being here.
Well hold on, you have to consider that it was generally said as tongue-in-cheek. Most (say) EU bankers have absolutely nil interest in relocating abroad, never mind outside the EU, so the high-level career competition is heavy and constant in their countries.
But another route, esp if you're not a highly back-stabbing cut-throat, is relo abroad, getting a promotion/role (that you wouldn't get back home), work at it a few years, get to travel and enjoy the region, gets skills you wouldn't back home, then get a promotion to go back home (or at least a parallel job move).
It just a different way of playing the 'career game'. Just those back home didn't like it, as you weren't fighting for your career within their 'arena', so no chance to back-stab you, hence the derogatory knick-name (who those who did relo to Asia joked about no end, of course... )