As a region, the UAE has certainly faced turbulent times within the recruitment sector, over the last two years. The collapse of oil prices resulted in many organisations responding by restructuring and making redundancies. However, there are clear signs that the worst is behind us and indeed the recruitment sector may be heading into times of stability and job creation.
Many organisations achieved the cost savings necessary by being cautious, making redundancies and restructuring. Now, however, business objectives require that they stop operating on minimum staffing levels and indeed start recruiting again. The good news is this trend is backed by the latest research1 which shows seven in ten companies in the UAE plan to hire new employees in the next 12 months.
The research recently published by Bayt.com, the leading online recruitment website in the Middle East and conducted by YouGov took place between May 19 and July 19 this year. The results are certainly positive, showing 69% of the nearly 1,500 respondents plan to recruit new staff within the next year, up from 67% during the same period in 2016.
Suhail Masri, Vice President of Employer Solutions at Bayt.com commented: “In the UAE, the hiring forecast shows a continuation of a strong job market, with nearly seven in ten UAE employers planning to hire within the next year and more than one in two planning to hire within three months.” “We have also seen that more than a third (36%) of those planning to hire in the UAE within three months are looking to [recruit] for more than five job roles,” added Masri.
Employers also shared what qualifications, and type of candidates they are looking to recruit within next year. Candidates with business management (33%), engineering (32%) and commerce (25%) degrees are in demand. Jobseekers that are team players, cooperative, helpful and flexible are the most in demand, as they are preferred by 53% of UAE companies, followed by those with an “ability to work under pressure” (50%) and “good communication skills” – Arabic and English (47%).
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An additional, just released, a piece of research also gives an indication of the type of organisations hiring. The latest Monster Employment Index (MEI)2 shows companies in the FMCG industry, as well as those in the gems and jewellery business, garments, textiles and leather industries, went up by 9% from the first quarter of 2017 and 26 percent from the second quarter of 2016. Employers in the healthcare sector, including clinics and hospitals, offered more job openings as well, with hiring increasing by 7%. Hiring at companies dealing with chemicals, plastic, rubber, paint, fertilizer, and pesticides looks upbeat as well, with recruitment activity jumping by 9% in the second quarter compared to the first quarter of the year.
So, things are looking better in the UAE, increased economic activity and development is leading to employers recruiting again and with that comes the ever-present challenge of meeting the supply of qualified, competent and competitive talent – a challenge we all know never goes away even in times of economic turbulence. However, IMS One World is here to help by evaluating your talent requirements and formulating and implementing the very best talent acquisition strategies. We are experts at sourcing and relocating candidates from different parts of the world to your desired location and our continued success in global recruitment stems from our personal approach and commitment to remain active in the relocation process rather than stepping away after completion of the joining formalities.
Our initiatives include guiding new hires through migration formalities, helping them settle into their new location, providing insight into the local culture and supporting their family members’ transitional needs. IMS One World extends a warm, helping hand to walk new hires through these initial hurdles to ensure a smooth placement and happy employee.
To find out more on how IMS One World can help you meet your talent needs please contact: email@example.com