Speaker of the IV St. Petersburg International Labor Forum, Associate Professor of the Department of Organizational Behavior and Personnel Management GSOM SPbU Marina Latukha presented the results of a study of the migration intentions of Russian universities alumni. It turned out that the main reasons that determine the intentions of talented graduates to leave for another country are the higher level of industry development, in which their professional interests lie, as well as the need for self-realization.
“The migration of highly qualified personnel from Russia, including alumni of Russian universities, continues to increase, jeopardizing the possibility of sustainable development of the country due to the leakage of human capital,” noted Marina Latukha in her study. That is why it is so important to implement today those managerial practices that could restrain the flow of migration of talented specialists and alumni.
To study the factors that affect the migratory intentions of alumni, scientists interviewed more than 500 future alumni of Bachelor and Master programs aged 20 to 24 years. The largest cluster of respondents was represented by alumni from St. Petersburg and the Leningrad region, as well as Moscow and the Moscow region, mainly studying economics, management and engineering.
It turned out that a key role in the formation of migration intentions is played by the degree of development of the industry in which a person wants to grow professionally, as well as the need for self-realization of respondents. In addition, the international experience of alumni and their ability to adapt to other cultures is of no small importance.
The authors of the study noted that these results can be used for further analysis and search for solutions at the companies to prevent the brain drain from countries with developing economies. Researchers also statistically proved that if a company has an effective talent management system, talent management practices (attraction, development and retention) can change the migration intentions of talented students. “Thus, representatives of organizations interested in hiring highly potential and highly qualified specialists can understand what management practices should be paid attention to attract and retain current and future talented employees, as well as help solve the problem of the outflow of human capital in Russia,” said Marina Latukha.
The session "Management Technologies and Practices for the Development of Human Capital of the Organization" was also attended by Ekaterina Grishina, Director of the Productivity Improvement Center of the All-Russian Academy of Foreign Trade of the Ministry of Economic Development of Russia, Nikolay Zubanov, Professor of the University of Constanta, Berndt-Joachim Ertelt, Professor of the University of Applied Labor Research of the Federal Employment Service of Germany, and others experts.