A popular song by John Denver. The last 3 lines of the chorus read “‘Cause I’m leavin’ on a jet plane, Don’t know when I’ll be back again, Oh babe, I hate to go”. According to BusinessTech there are an Alarming number of top executives ready to bail on South Africa.
“An alarmingly high number of skilled executives – 86% – say they’re willing to leave South Africa for greener pastures, according to a survey run by executive recruitment specialists, Jack Hammer.
The group has published its latest Jack Hammer Executive Report, which investigates the leadership landscape in South Africa and the rest of Africa.
This year, the research focused on the management makeup of SA’s Top 40 listed companies (totalling 373 executives and 41 CEOs), as well as a random selection of 40 other large to medium sized organisations with offices in the country.
In addition, the group polled senior managers of local and multinational companies across the retail, financial services, professional services, education, FMCG and telecoms sectors on a number of issues, such as business sentiment and outlook for the future.
“Over the past three years, there has been a consistent year-on-year increase in the number of professionals who would consider leaving the country,” the group said.”
For the rest of this article read Alarming Number at BusinessTech
Ed. Are we looking at an increasing number of retired people who are economic prisoners in South Africa (trashed exchange rate) eking out a living as best they can, working until they are very much older than they planned ? Might we start to see small communities/groups starting to be setup by older people who can pool their talents honed over many years? What do you think ? Use the comment section below to make your comment.