China's promise lures grads home
Students educated abroad find opportunity – and a lifestyle similar to what they had overseas.
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Most employers welcome them, says Jiang Lei, an executive with the Education International Cooperation Group, a company that helps students find university places abroad.Skip to next paragraph
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The firm noted in a recent survey that 77 percent of returnees found a job within three months of coming home, says Mr. Jiang, a much higher rate than for locally educated students.
"Their experience and education abroad makes them more tolerant of other values and they have learned the international rules of the game," Jiang adds. "That's their advantage."
The gap between the East and the West
China does not just offer jobs to new graduates. Increasingly, its cities offer the sort of lifestyle that students enjoyed abroad.
"The gap between the East and the West is getting smaller, so staying in the West is not as important for us as it used to be," says Ms. Monong. "Beijing and Shanghai are almost the same as big cities abroad."
"People have become more open, hierarchies are getting blurred, the way we live and work is more and more westernized," agrees Ms. Guo, making the decision to return home less dramatic.
Work may now be easier to find for foreign-educated job-seekers, but with so many coming home, competition means that salaries are not high, especially by Western standards.
"Students' salary demands are surprising; they have a quite rational attitude," says Jiang, who recalls a period not long ago when foreign-educated students could not find jobs partly because they held exaggerated views of their own market value.
"With more people coming back, employers do not value us as highly," says Cheng Yuan, who returned home last month with a master's in linguistics from the University of Arizona. "We are not supposed to expect too much."
Still, Jiang says his company's survey reveals that candidates educated abroad can generally expect to earn 10 percent more in an entry-level job than their locally educated counterparts, and that their prospects for rapid promotion are better.
Few come home for the money, though; no industry in China except banking offers anything approaching internationally competitive salaries to new graduates.
"I didn't move for the salary," explains Guo, who is in public relations. "China is a very huge market, full of dreams for young people. If you want to live a simple happy life, stay abroad – the lifestyle is easy and the work-life balance is good," she adds. "But if you really want to do something big, come back to China."