
During the St. Petersburg Economic Forum, Deputy Prime Minister of the Russian Federation Olga Golodets asked Google Vice President for Emerging Markets, Europe, the Middle East and Africa Mohammed Gavdat to teach him how to attract qualified workers. According to her, Google is “the best driver in the world today.”
“Our best engineers are Russians, 25% of our engineers are Russians. People from Russia are amazing, with enormous talent,” Interfax quotes Gavdat’s answer.
He spoke about the Israeli model of working with personnel, when entrepreneurs from Israel can go to Silicon Valley to get ideas and then implement them in their country. At the same time, the homeland must accept them, provide the necessary investments, create opportunities and facilitate the implementation of ideas. “But this is a very serious threat; people may leave and not return,” he admitted.
In a conversation with a Google representative, Golodets complained that the profits of Russian companies are not invested in investments, but flow abroad, while cost reduction leads to the loss of highly qualified personnel.
“The problems we face with investments in the economy are related to the outflow of capital, and not to the amount of profit that we have today, because purely financial resources are available, they were available in previous years. We were able to form the Reserve Fund, the National Welfare Fund The fact is that the funds we receive in the form of profit are not capitalized into investments,” the Deputy Prime Minister explained.
As the agency notes, earlier the Ministry of Finance of the Russian Federation announced that since the beginning of the year, income tax revenues to the budget have increased by 19-20%, and this may be due to a reduction in unreasonably inflated costs. According to Golodets, this leads to personnel losses.
“Today in Russia an even more dramatic phenomenon is happening - lowering costs, along with the outflow of capital, leads to an increasing outflow of workers, and the best part of our workforce. Today the market is open, people have the opportunity to choose where to work. We see today that literally Over the past six months, there has been a decline in employment and no growth in unemployment, according to all estimates. People either go into gray schemes or simply leave, which is confirmed by the figures. Our workforce is being replaced by migrants, because their number remains at the same level." , - said Golodets.
In this regard, the Deputy Prime Minister noted, Russia needs to increase its attractiveness for investment and labor, especially for highly qualified specialists.