The Bayt.com Career Aspirations in the Middle East and North Africa survey, recently conducted by Bayt.com, the region’s number one job site, and YouGov, a research and consulting organization, has revealed that the most preferred industry to work in, according to MENA respondents, is oil, gas and petrochemicals – a sentiment that is echoed by Kuwait respondents.
2015 Personal and Career Aspirations in Kuwait
The survey showed that around seven in10 respondents in the Middle East and North Africa (MENA) have set professional goals for themselves, with26% having long-term ambitions to achieve in the next5 years. The most common goals are to get a higher salary (54%), to get a new job (53%), and to learn new skills (52%). In Kuwait,68% of respondents have set professional goals they want to achieve, the top three of which echo those of the region.
In terms of personal goals for2015,75% of Kuwait respondents want to save more money,37% want to buy property, and39% want to spend more time with family. Nine in10 (85%) Kuwait respondents feel positive about the year2015.
In the MENA, the top personal goal for2015 was reported to be saving more money, with nearly three-quarters of respondents (72%) reporting so. Other goals included travel (37%), buying property (33%) and spending more time with family (30%). Respondents in the MENA were very positive about what2015 has to bring, with four in five respondents (82%) reporting a positive outlook towards the upcoming year. Slightly more respondents in the GCC (84%) were positive about2015, compared to Levant (72%) and North Africa (77%).
Financial issues are the top worry for51% of MENA respondents, as well as for63% of Kuwait respondents. In Kuwait, this is followed by career path uncertainty (37%), and worry about losing their job (28%). The ideal retirement age for Kuwait respondents is considered to be after60 (36%), which is in line with the thinking of43% of MENA respondents.
"The sentiments for the year ahead are very positive," said Suhail Masri, VP of Sales, Bayt.com. "Different projects around the Middle East region are generating more opportunities, especially in the GCC. These projects are however, driving up costs, making respondents more anxious about savings and salaries. Employers must take this into consideration going forward, both with current employees and future hires. At Bayt.com, our mission is to empower people to lead better lives, and this information is vital for employers and job seekers in the region alike; it helps them plan for their personal and career goals and make informed and empowered work and life decisions.”
Career Overview of Kuwait Professionals
Four in10 (42%) respondents across the MENA region would rather be an employee than an entrepreneur – though39% would like to have their own business. In Kuwait, those percentages are44% who would prefer to be an employee vs36% who would rather have their own business. The preferred industry to work in, according to Kuwait respondents, is oil, gas and petrochemicals, a sentiment that is echoed by MENA respondents. The top three factors that are most important to Kuwait respondents when selecting their ideal job are salary and benefits (88%), opportunities for career growth (63%), and job security (36%).
65% of Kuwait respondents feel they deserve to work in a high level position, while49% are prepared to move to another area of expertise or department to further their career, and49% are prepared to move to another industry as a next step in their career. Almost half of Kuwait respondents (45%) consider that their current job is the perfect one for them, and51% are satisfied with their professional growth over the past year.22% of Kuwait respondents claim to have a mentor, while33% have a role model – yet47% claim to have neither.
The majority of respondents (56%) in the MENA rate their current job highly as a reputable organisation (56% rated their job ‘good’ or ‘excellent’). Over two-fifths rate their current job positively in terms of their manageable workload (45%), and the set number of working hours (45%). They are least satisfied with salary and benefits (32% rated their current job as either ‘good’ or ‘excellent’), fair evaluation (27%), and opportunities for career growth (25%). The majority (64%) feel they deserve to work in a higher level position, while almost half (48%) are prepared to move to another area of expertise or department, and four in10 (43%) are prepared to move to another industry.
Work Environment in Kuwait
Most Kuwait respondents (58%) claim to be motivated at work. Higher salary and more perks and benefits (63%) is the top factor that would make Kuwait respondents feel more motivated at work. Other factors like the opportunity to express their creativity and showcase their skills (52%) and promotion to the next level (44%) are also among the best ways to increase the motivation of Kuwait employees.
The biggest barriers to professional growth in Kuwait are considered to be the lack of growth opportunities (42%), poor management within the company (43%), and favouritism within the workplace (30%). Top reasons for seeking employment among Kuwait respondents include to consistently learn and gain experience (70%), to make money and/or be gainfully employed (56%), and to be financially independent (52%). And yet in Kuwait,48% of people claim to be able to save less than10% of their salary –26% are not able to save anything.
Silviu Matei, Director, YouGov, said: “An interesting point to note is that for many respondents in Kuwait, expressing creativity and showcasing skills is important, as well as learning and gaining experience. Employers can benefit from focusing on these two things with their employees to increase work motivation.”
Overall,39% of Kuwait respondents are happy with their current work environment, though60% would be happy to relocate to another country for employment purposes. The UAE is the most popular destination for Kuwait respondents who would consider relocating for employment purposes – it is also a top choice for28% of MENA respondents.
Data for the Bayt.com Career Aspirations in the Middle East and North Africa survey was collected online from December3-102014, with8,963 respondents from the UAE, KSA, Kuwait, Qatar, Oman, Bahrain, Lebanon, Syria, Jordan, Algeria, Egypt, Morocco and Tunisia.