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Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (5091)	7/1/2005 12:52:44 AM
From: RealMuLan	Read Replies (1) \| Respond to of 6370

From July 4th Business Week,Page 13: NUMBERS GAMES-- TALENT SCOUTS U.S. computer and health- care companies have long looked to fill talent shortages by recruiting overseas. Now accoun- ting firms are following suit. The sixth-largest audit firm, BDOSeidman, says it will fill 80 of its 600 new domestic spots with global hires in 2005—up from 20 last year. Of those, 37 are Filipinos. Others hail from South Africa, India, and Europe. Newcomers will stay a minimum of three months, but most are on three-to-six- year visas. Hiring overseas costs about 20% more, once you figure in visas, lawyers, and temporary housing. But BDO says it couldn’t find enough qualified U.S. candidates to handle the 40% to 60% more audit hours required by Sarbanes-Oxley. –Nanette Byrnes