Besides the fact that it is THE luxury event of the yearMay 27, 2015 9:48
LinkedIn research: UAE attracting more talent
Website’s study reveals that the country is attracting twice as many professionals ahead of Expo 2020.
January 16, 2014 4:02 by kippreport
The UAE is attracting nearly twice more professionals than it is losing and is in a strong position ahead of Expo 2020 in terms of becoming home to world-class professionals and building its talent pool, according to a study by professional networking website, LinkedIn.
According to the research, 49,000 LinkedIn members have moved to the UAE during 2013, making it the next hot destination for acquiring talent in the Middle East region. LinkedIn currently has more than one million members in the UAE and more than ten million in the Mena region.
The study also revealed that this talent is mainly coming from India, the UK and the US internationally, and Qatar and Saudi Arabia regionally. Top companies in the UAE that are tapping into this include Etisalat, Jumeirah Group and Emirates Airlines.
“With the country winning the right to host Expo 2020, more than 200,000 jobs are expected to be created in various sectors as the city prepares for the influx of visitors. The demand for local and international talent will increase dramatically and for companies to understand where to look for candidates, they need to dig into the data behind the inflow of talent,” says the study.
Earlier this week, research by LinkedIn also revealed that, with 97 per cent of the UAE’s high net worth individuals (HNWIs) on social media, nearly three-quarters of them prefer LinkedIn to any other social network, according to new audience research by the professional networking website.
According to the study, 73 per cent of HNWIs in the country use LinkedIn more than Facebook (72 per cent), YouTube (63 per cent) and Twitter (29 per cent).
The study by LinkedIn also found that 92 per cent of its affluent users log on several times a week, with 77 per cent access LinkedIn from tablet devices and 74 per cent from smartphones.
“Besides connecting with colleagues and creating professional content, the country’s affluent LinkedIn members nominate ‘following experts, influencers and brands’ among their top reasons for using the platform,” says the study, which adds that the expertise they find on the site has a particular influence over how they choose to invest their money.
Of all of the UAE’s HNWIs who use social media, 78 per cent will use them for at least one financial purpose, 74 per cent keep up to date about current financial trends, 71 per cent research products, policies and institutions, 60 per cent use social media to evaluate their financial decisions and 57 per cent recommend financial products, policies and services.