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ANALYSIS

Growth prospects now prime reason for job change

DUBAI, March 27, 2017

Attractive growth prospects, not salary, is the prime reason for a job change for a majority of professionals in the Middle East, according to a recent study.

About 60 per cent of the respondents in a Naukrigulf poll opted better growth opportunities as the topmost consideration while accepting a new job offer. This is an interesting finding as compensation used to be the primary driver of voluntary turnover till a few years ago, which has now been chosen by 8 per cent only, said the study.

An additional 9.5 per cent said they prefer to switch jobs for better work-life balance. In addition to the reasons listed above, better job role and relationship with the boss also emerged as factors for some to quit jobs, by 7.8 per cent and 3.1 per cent respondents, respectively.

Of approximately 15,000 jobseekers in the Middle East polled recently by Naukigulf.com, 18.7 per cent reported an overall satisfaction with their current jobs and are likely to stay there for a long period.

It means that their work is a source of fulfilment for them and they feel passionate about it. Satisfied employees are the asset for the companies, add to their attractiveness for potential job seekers and largely contribute to the overall success, the study said.
 
About 46 per cent said they are somewhat satisfied. Though they are not actively looking for jobs, however, would definitely want to switch if a good opportunity comes their way. Another 35 per cent indicated high dissatisfaction with their current jobs.

Tarun Aggarwal, business head- Naukrigulf.com, said: “I think the poll offers an interesting insight that jobseekers are looking at growth prospects as against only money. Employers need to work on career growth and talent development as a long term retention strategy.” – TradeArabia News Service
 




Tags: Jobs | growth | Professionals |

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