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Dust off the CV, because companies in the UAE are getting ready to hire again. Apparently. Kipp looks at the latest reports.
August 11, 2010 4:35 by Samuel Potter
And the good news gets better: According to a new study, more than half of employers in the region are planning to recruit in the next quarter.
The research from Bayt.com and YouGov Siraj found that 54 percent of the region’s employers plan to recruit in the next few months. In the UAE, 29 percent of respondents said they would definitely be hiring in the next three months, and a further 25 percent said they would probably be hiring. Just 9 percent said they would definitely not be hiring in the next quarter.
The research forms the basis of Bayt’s Jobs Index, which recorded the varying propensities to hire by country. Companies in Oman had the propensity to hire, with 41 percent saying that their organisations will “definitely” be recruiting new staff in the coming months while Jordan showed the lowest propensity to hire with 18 percent of respondents saying they will “definitely” hire in the next three months.
The survey asked the respondents how many positions their organisations would be aiming to fill in the next three months. For the most part, organisations are looking to recruit staff for less than five positions: 46 percent said that less than five jobs will be available, and 22 percent said that between six and 10 jobs will be available. Interestingly, 2 percent of respondents said that they will be looking to fill more than one hundred vacancies in the coming quarter.
“The adverse effects of the global recession on hiring practices in the Middle East region seem to be easing,” says Rabea Ataya, Chief Executive Officer of Bayt.com.
Asked at what level they are looking to recruit in the coming three months, the survey found that junior executives are the most likely to find themselves with a job offer: 34 percent of organisations said that they would be looking to employ junior executives, followed by 27 percent that said they would be looking to hire on an executive level. As in the previous wave, and unsurprisingly given the level of experience and knowledge required, limited C-suite jobs are going to be on offer: 4 percent of the respondents said they would be seeking to appoint a new president, 5 percent said they plan to appoint a CEO, and another 6 percent said they would advertise vacancies for a COO, CFO or CMO.