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IT TAKEOUT.


* FOR EVERY INFORMATION technology (IT) specialist in the workforce, 80 jobs go begging.

* In the U.S. alone, more than 400,000 IT positions go unfilled every year.

* Dot-com layoffs have done little to relieve the shortage.

* China is a huge untapped labor pool of trained IT workers.

These facts form the foundation of a recent recruitment program undertaken by Headway head·way  
n.
1. Forward movement or the rate of forward movement, especially of a ship.

2. Progress toward a goal.

3. The clear vertical space beneath a ceiling or archway; clearance.

4.
 Corporate Resources, an executive recruitment firm based in New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
, and the People's Republic People's Republic
n.
A political organization founded and controlled by a national Communist party.
 of China.

Under the agreement, the Shanghai Foreign Service Co. (China's largest staffing services company) will grant visas to skills-tested, culturally acclimatized IT specialists to work in the U.S. for three- to six-year durations. After their contracts expire, the specialists will return to China with U.S. work experience that will prove invaluable to Chinese firms as well as to U.S. firms operating in China.

"The magic of this program is that everybody meets their goal; everybody wins," says Headway chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Gary Goldstein.

This is the first time since China relaxed its historically restrictive anti-"brain drain brain drain
n.
The loss of skilled intellectual and technical labor through the movement of such labor to more favorable geographic, economic, or professional environments.
" policies that an American staffing firm has been able to partner with China to create what can only be called a "brain chain."
COPYRIGHT 2001 Chief Executive Publishing
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:information technology specialists
Author:SHERWOOD, SONJA
Publication:Chief Executive (U.S.)
Article Type:Brief Article
Geographic Code:1USA
Date:May 1, 2001
Words:200
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