Financial Times FT.com

More westerners take top posts in India

By Jo Johnson in New Delhi

Published: May 29 2007 18:57 | Last updated: May 29 2007 21:05

The number of expatriates from countries such as the US and Britain taking middle and senior-level executive jobs in India has surged, as a tightening domestic labour market has rapidly narrowed pay differentials or even reversed them.

Headhunters and chief executives say top-flight Indian managers, particularly in fields such as financial services, are now so demanding in salary negotiations that they are pricing expatriates back into the jobs market.

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