Big hiring 'likely in construction industry'
Dubai, November 21, 2012
The upcoming development and infrastructure projects across the Middle East region is likely to drive the construction sector to boost its recruitment in the coming months, said a survey.
A majority of the recruiters (58 per cent) from the construction sector predicted new jobs with the demand being mostly for those with 8 to 15 years experience, the survey conducted by online job site Naukrigulf.com said.
However, 19 per cent forecast layoffs in the coming quarter, while 13 per cent predicted no hiring, the Naukrigulf.com revealed in its hiring outlook for the coming months.
This clearly suggests that the global financial crisis has impacted hiring decisions of some companies who prefer to adopt a wait and watch mode, the survey added.
This survey was conducted with about more than 40 recruiters from the construction sector to gauge the hiring trends for the next quarter. It gives a clear perspective about the employment opportunities in the market and throws light on increments, job opportunities and attrition levels.
Commenting on the results, Tarun Aggarwal, the business head of Naukrigulf.com said, “We are happy to see return of positive sentiments in the construction industry. We expect to witness things turning even better in the mid-term. Most of the GCC governments have large development projects in the pipeline and this should help provide the required boost to the construction industry.”
According to the survey, the widening gap between demand and supply for the talent workers had become a major cause of worry across the construction sector.
About 58 per cent of recruiters said they faced a talent crunch while hiring their employees and most of them said that it was most difficult to hire talent at the 4-8 years experience level.
With regard to the increments given by the organizations in the constructions sector to employees in 2012, the survey said about 54 per cent said it was in the range of 5 to 10 per cent, while 18 per cent said it was less than 5 per cent.-TradeArabia News Service