According to the latest quarterly Bayt.com Jobs Index survey conducted by the Middle East’s number one job site Bayt.com, in conjunction with research specialists YouGov, over half of the employers in the Middle East and North Africa(MENA) region plan to hire new employees over the next three months. In Lebanon,29% said they would ‘probably’ be recruiting, while24% said that their organisations would ‘definitely’ be employing in the next few months. However, only5% of the respondents said they were not going to hire in the next quarter.
The Jobs Index survey is conducted to gauge perceptions of job availability and hiring, to identify job trends and to provide an understanding of the key skill sets and qualifications required in the MENA region job market. Countries within this region noted various preferences as reasons for hiring during the Jobs Index survey. Overall, employers in KSA and Qatar seemed slightly more likely to hire than others, as33% and31% respectively stated that their organisations will ‘definitely’ be recruiting new staff in the next quarter. When respondents were asked how many job positions their organisations would fill in the next three months,45% said that less than five jobs would be available, while23% said that between six and ten jobs would be available in the coming quarter.
“The level of regional hiring activity remains relatively encouraging given the regional economic backdrop however it is clear that in some parts of the region companies seem to be favouring a climate of cautious cost-consciousness specifically in terms of HR growth. This continues to favour hiring activity on Bayt.com as evidenced by our latest job counts as employers across the Middle East are aware that they can use our jobsite’s industry leading tools to gauge the latest market salary levels and find the region’s top talent for key positions in the fastest, easiest and most cost-efficient manner,” said Amer Zureikat, VP Sales, Bayt.com.
Employers stated that ‘business’ graduates or postgraduates stand the best chance from those that are likely to be hired. According to the study,28% of organisations in Lebanon favour employing staff that are qualified in this field. Furthermore, graduates or postgraduates in ‘engineering’ and ‘administration’ and are equally sought after by Lebanon’s organisations – with20% and18% respectively – of respondents citing that recruits in these fields as greatly required. The trend continues as organisations claim to be more on the lookout for people to fill in lower executive positions like ‘junior executive’ (37%) and ‘executive’ (29%).
‘Being able to communicate in both English and Arabic’ is considered a desirable trait that employers look for when selecting new staff according to the study. A little over half (54%) of Lebanon’s respondents agreed this is what they look for most in a potential new employee. Being ‘cooperative, flexible, and helpful team player’ is also important for Lebanon employers; as54% also stated these qualities as being necessary characteristics employees should possess. ‘Trustworthy and honesty’ were cited as appreciated attributes by44%of the survey’s respondents, while40% considered ‘having good leadership skills as quite essential qualities.
Sundip Chahal, CEO, YouGov, commented, “When recruiting, the region’s organisations place much more emphasis on key skills such as fluency in the first language of the region, in addition to teamwork, personality, loyalty and honesty. By looking at the figures, it’s evident that employers will not instantly choose a candidate just based on qualifications alone.”
Furthermore, the Job Index is gauged by asking the respondents what their hiring expectancy is in a year’s time, which develops the Hiring Expectancy Index (HEI). Suggesting widespread optimism for the future,67% of the MENA region’s organisations expect to hire in the long term.75% stated the same in Lebanon. Job seekers in KSA might be more fortunate at finding work in a year’s time, with71% of the country respondents stating they will ‘definitely’ be hiring in12 months’ time. Additionally, respondents in Algeria were also highly confident that their organisations will be hiring in the future –33% said they would certainly recruit in a year’s time. However, one of the lowest figures among all of the surveyed countries in terms of propensity to recruit in a year’s time was shown in Morocco at22% and in Bahrain at19%.
Moreover, when asked how to rate their current country of residence as an attractivejob market compared to those across the rest of the region, respondents in the UAE, followed by the Qatar were the most optimistic about their country –44% and43% respectively– said their country of residence was the most attractive job market in the region. In KSA, while42% said their country was much more attractive,20% from Lebanon claimed the same. The respondents were also asked to name which industries they feel are attracting or retaining top talent in their country of residence today. As in the previous wave, ‘telecommunications’ (35%) took the lead followed by ‘banking and finance’ (34%) and ‘construction’ (32%).
Zureikat concluded, “The Bayt.com Jobs Index has been designed to demonstrate how the region’s job market changes every quarter. It allows the region’s employers and other industry stakeholders to benefit from current job market figures, which can be used for driving positive organisational change. The surveys and studies conducted by Bayt.com and YouGov Siraj are geared towards providing the region’s organisations and HR professionals, with regularly updated research that sheds light on numerous fundamentals of the region’s job market.”
Data for the July2011 Jobs Index was collected online between the11th of July and the9th of August2011, with4,560 respondents from the UAE, KSA, Qatar, Oman, Kuwait, Bahrain, Syria, Jordan, Lebanon, Egypt, Morocco, Tunisia and Algeria. Males and females aged over18 years old, of all nationalities, were included in the survey.