December 14, 2022
UAE Labour Supply: Why Are UAE Employees Optimistic In Their 2023 Career Choices?
According to a recent survey, the UAE Labour supply is optimistic about their jobs for the coming year and is setting goals for their professional development.
According to a survey conducted by the Middle Eastern job site Bayt.com and the market research firm YouGov, 86% of UAE professionals are optimistic about the year 2023.
The UAE workforce has high goals, with 46% of workers seeking to learn new skills, 46% planning to find a new career, and 44% aiming for a raise in pay.
Evolving careers in the UAE
Professionals in the MENA region have struggled to build their futures as the area rises from the pandemic’s shadows.
It is encouraging to see that the majority of poll participants are hopeful about the future and committed to realizing their goals.
Not lacking in desire, 72% of respondents believed they should hold a higher-level position at their current employment in the UAE. And 45% said they were eager to transfer to a different department or field of specialization to expand their skill sets and advance their professional careers.
In line with global trends and the “Great Resignation,” 37% of respondents from the UAE manpower indicated they would think about switching industries completely to increase the scope of their professional knowledge.
The most recent Career Aspirations poll examines issues like attitudes regarding present employment, career aspirations, and obstacles to career advancement.
Salaries are crucial to employment in the UAE
Perhaps not surprisingly, 69% of UAE professionals believe that money and benefits are the most important factors when choosing the ideal job.
Security (33%) and possibilities for growth (42%) are also valued highly by employees.
Despite the UAE’s booming startup scene, where Abu Dhabi and Dubai support business owners in their efforts to employ people in Dubai, more respondents answered they would prefer to work for someone else (52%) than establish their own company (22%).
According to the most recent Career Aspirations study, professionals in the MENA region have drastically changed attitudes and job objectives.
Manpower supply companies in UAE must ensure they are prepared for this transformation by understanding the goals of their workforce to improve the hiring and employment processes.
Almost seven out of ten (67%) respondents said they were inspired at work when asked about their levels of motivation there. The prevalence of mentors and role models, which was reported by 5 in 10 respondents (or 50%), was shown to be strongly correlated with the findings and may be related to motivation at work.
Despite the fact that respondents’ motivation at work was positive, 57% said that more pay and benefits would boost it. It was followed by a better work-life balance (45%) and advancement to a higher level (37%).
Finding their “true passion” emerged as the top motivation in a study by the UAE jobs portal Bayt.com, which revealed that more than seven in ten respondents planned to leave their current positions.
About 42% of the professionals surveyed claimed that switching jobs in the MENA region is simple.
Businesses in the UAE will need to raise compensation if they want to keep their best employees. To help employees cope with the rising cost of living, 31% of employees in the UAE received salary raises. A similar number of employees also earned additional bonuses and increases to their regular allowances. In addition to monetary rewards, some companies also provide employees with extra bonuses like financial education and help for their emotional health.
UAE job seekers should anticipate more job openings
In October, the UAE’s special visas for job seekers and skilled manpower went into effect. The single-entry Jobseeker Visa and the five-year Green Visa are included in this (60, 90, or 120 days validity). The state also has programs for temporary visas, freelancer visas, and other types of visas. It makes it simpler for job seekers to locate new positions, change careers, or even launch their own businesses as a small business owner.