2008 Press Releases

U.S. Executives on 6FigureJobs.com Open to Relocating Internationally

6FigureJobs.com survey finds that U.S. job seekers who are open to relocating internationally rises from 7 years ago.

Maitland, FL – December 23, 2008 - Nearly three quarters of executive and senior-level employees in the U.S. indicated they would consider relocating internationally for their next job opportunity in today’s volatile economy. This trend has risen from a 2001 6FigureJobs.com survey in which less than three quarters of executive and senior-level employees said they would consider relocating internationally. The 2008 6FigureJobs.com online survey was conducted in a year when unemployment rates have soared both domestically and abroad.

According to the 6FigureJobs.com survey given to its 600,000+ executive and senior-level members, 50% of respondents indicated they would consider an international relocation depending on the country and 24% responded they would go anywhere for the right opportunity. Given the intensifying instability in the U.S. labor market, executive and senior-level employees show an extreme willingness to accept valuable job opportunities around the world—a staggering 74% of respondents compared to 68% in the 2001 survey.

According to the U.S. Bureau of Labor Statistics, U.S. employers cut 533,000 jobs in November, the 11th consecutive monthly decline, causing the unemployment rate to jump to 6.7%. With a larger pool of senior-level U.S. job candidates available, many overseas companies are eager to invest in international recruiting during times of high unemployment because they can more easily attract desired talent that may be looking for work.

"I think a fresh start with a new environment and a new set of challenges is difficult but at the same time energizing. I would relocate anywhere that I felt my family and I would be happy and the situation was right for us," responded one 6FigureJobs.com executive member. The top three geographies for overseas relocation among respondents were China, Europe and Dubai.

About 6FigureJobs.com

6FigureJobs, which boasts the largest active recruitment database for senior executives on the Internet, and whose site is unique for its focus on employment opportunities that pay at least $100,000 annually, is used by hundreds of Fortune 1000 companies and seven of the top ten retained executive search firms. The 6FigureJobs database includes more than 600,000 pre-screened members and adds more than 10,000 new registrants each month. All executives' resumes are reviewed by hand, and every member has a minimum of six years work experience in their field including a $100,000 compensation package. To learn more visit www.6figurejobs.com.

About Workstream

Workstream provides on-demand Human Capital Management solutions and services that help companies manage the entire employee lifecycle – from recruitment to retirement. Workstream’s TalentCenter provides a unified view of all Workstream products and services including Recruitment, Performance, Compensation, Development and Transition. Access to TalentCenter is offered on a monthly subscription basis under an on-demand software delivery model to help companies build high performing workforces, while controlling costs. With offices across North America, Workstream services customers including Chevron, The Gap, Kaiser Permanente, Nordstrom, VISA and Wells Fargo. For more information visit www.workstreaminc.com or call toll free 1-866-953-8800.