Job opportunities set to rise 3pc in UAE
Dubai, May 13, 2013
Job opportunities in the UAE are expected to rise by approximately 2-3 per cent following the return of business confidence in the country, according to a leading global recruitment services provider.
Morgan McKinley’s UAE Salary Guide also said salaries in the country are predicted to increase modestly by an average 5-6 per cent.
It noted that the country is expected to achieve a GDP growth of 3 per cent this year.
Financial services and banking sector is identified as a sector set for growth in hiring. Other skills which are likely to be in demand by employers across the region over the remainder of the year include accountancy, sales and procurement.
The construction industry is also predicted to see an increased requirement for professionals, it said.
Trefor Murphy, managing director, Morgan McKinley UAE, said: “We were very pleased to hear that employers and professionals in the hiring market across the UAE valued our Salary Guide in 2012, so we have taken the same time and effort again to provide intelligence that will help guide hiring managers into making key recruitment decisions over the course of 2013.
"We also aim to inform those looking for new professional jobs in the UAE. Our Salary Guide presents up-to-date information on what they can typically expect to earn and the various factors that are impacting remuneration and demand for talent this year. In addition it offers a look ahead to the rest of this year to aid those who want to understand more about the hiring market.”
The Salary Guide contains further sector-by-sector insight from Morgan McKinley’s specialist consultants on hiring patterns; talent supply; and salary and compensation trends across the markets in which Morgan McKinley specialises. These are supplemented by detailed salary tables covering roles within these industries, he said. - TradeArabia News Service