More Bermudians make management

Bermudians are finding more success climbing the corporate ladder in international business. 

A survey by  the Association of International Companies (ABIC) released yesterday show key results of a detailed membership survey about numerous aspects of conducting business in Bermuda.

The survey encompassed 40 large and medium-sized companies, 51 of their CEOs.

“The survey provides a snapshot of the international business sector, and gives us some key information on where we can expect this sector to change and evolve in the near future,” ABIC chairman George Hutchings said in a press release. “It also helps us at ABIC define areas where we and our members should direct our efforts in the years ahead.”

He said: “Bermudians are progressing in managerial positions with a significantly greater proportion of senior management and middle management positions being held by non-work permit employees. 

Some highlights of the survey include:

• Training effort has increased. 

• More women than men in workforce, however more women in non-management and non-professional roles and most men in management.

• Gradual increase in black employees up to 35% from 31% with increased incidence of black work permit recruitment and continued evidence of progression of black Bermudian employees to managerial positions.