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The UAE continues to be a worldwide expertise magnet, rating fifth on the planet for complete expertise inflow after the US, the UK, Canada and France, a brand new report by LinkedIn in partnership with the Ministry of Economic system has mentioned.
Relative to its inhabitants, the inflow of expertise to the Emirates is the very best on the planet, the skilled community service mentioned.
“The UAE has recorded one of many strongest hiring booms globally, with hiring charges 36 per cent larger in December 2021 in contrast with December 2019,” mentioned Rajai El Khadem, head of LinkedIn Mena for presidency and academia.
“This represented one of many highest hiring recoveries on the planet, trending above different developed economies.”
The roles market within the UAE, the second-largest Arab financial system, has recovered strongly from the pandemic-induced slowdown on the again of the federal government’s fiscal and financial measures.
About 76 per cent of UAE employers plan to broaden their workforce in 2022, a February survey by jobs portal Bayt.com and market analysis firm YouGov mentioned.
About two thirds of pros within the UAE will actively search for new jobs within the first half of this 12 months as enterprise confidence and hiring exercise return to pre-pandemic ranges, recruitment firm Robert Walters mentioned.
Booming industries
Sectors within the UAE with the very best restoration in hiring ranges embrace healthcare, software program and knowledge expertise, all of which noticed recruitment choose up after the speedy onset of the pandemic, the LinkedIn report mentioned.
The retail and recreation and journey industries have additionally recovered and are above pre-pandemic ranges, whereas different sectors resembling development, power and mining are but to catch up, the report mentioned.
The UAE additionally witnessed the “Nice Reshuffle”, a expertise shift during which an more and more expert, flexible and cellular workforce was drawn to alternatives and corporations that match their ambitions, LinkedIn mentioned.
“Profession switching has turn out to be extra widespread within the UAE because the begin of the Covid-19 pandemic. Professionals with transferable abilities made profession transitions out of struggling industries and into sectors that have been booming,” Mr El Khadem mentioned.
About 75 per cent of profession transitions befell in 10 key industries. Software program and IT providers attracted 12.2 per cent of expertise from different sectors, adopted by company providers (11.6 per cent), shopper items (8.8 per cent), manufacturing (8.1 per cent) and finance (7.4 per cent), LinkedIn mentioned.
Profession change
Many staff switched their careers in 2021 to turn out to be “skilled and private coaches”, resulting in a 208 per cent development in these roles in contrast with the earlier 12 months.
“Digital content material administration and self-employment are two examples of job domains that witnessed a three-fold development within the variety of roles in 2021,” Mr El Khadem mentioned.
Entrepreneurship, enterprise growth, analysis, media and communications and advertising and marketing job features additionally grew by greater than 10 per cent in 2021 in contrast with 2020, LinkedIn mentioned.
Nonetheless, there was a decline in conventional jobs resembling accounting, engineering, operations and buying, which shrank by greater than 10 per cent, the report mentioned.
Girls within the UAE workforce
Girls now make up a higher share of the UAE workforce, climbing to 29 per cent in 2021 from 23 per cent in 2011. This makes the Emirates one of many top-five most-improved nations on the planet when it comes to feminine illustration within the workforce, the World Financial Discussion board’s World Gender Hole Report 2021 mentioned.
Sectors together with public administration, healthcare, training, media and communications, and design improved feminine illustration probably the most, LinkedIn mentioned.
“Adjusting to hybrid working fashions within the post-pandemic labour market and providing extra flexibility will probably be a serving to consider attracting and retaining feminine expertise,” the report mentioned.
“Extra alternatives could be created for girls by tapping into an in depth and numerous expertise pool utilizing a skills-first strategy.”
The UAE ranks first regionally in all digital abilities classes, together with disruptive digital abilities, digital software program and {hardware} abilities, and utilized digital abilities, the report mentioned.
The highest digital disruptive abilities in demand amongst employers within the UAE are FinTech, synthetic intelligence, robotics and information science, LinkedIn mentioned.
“Shifting ahead, governments in addition to corporations might be well-served investing in expertise and abilities growth, significantly within the disruptive areas of AI, machine studying, the Web of Issues, robotics and coding,” Mr El Khadem mentioned.
“Incubating the industries of the longer term gained’t be potential with out such intensive funding.”
Improve in sustainability-linked jobs
In the meantime, Covid-19 has been a catalyst for the inexperienced financial system. The pandemic has accelerated efforts by each the private and non-private sectors to assist a nationwide inexperienced restoration and facilitate the transition to a sustainable financial system.
The share of inexperienced jobs and people which are shifting to turn out to be greener have been growing lately, the report mentioned.
Roles resembling sustainability managers and environmental co-ordinators have recorded a gentle enhance within the UAE over the previous five years, LinkedIn mentioned.
The share of distant jobs additionally tripled within the UAE from April 2020 to December 2021.
“Going ahead, corporations ought to rethink pre-conceived notions of how work will get carried out and use expertise and processes to create extra resilient work environments,” Mr El Khadem mentioned.
“Employers should substitute conventional hiring practices with a skills-first strategy. Adopting a skills-first strategy will permit organisations to faucet into numerous expertise swimming pools and fill expertise gaps sooner.”
Reward and recognition, for instance, are actually influenced by abilities and never solely by tenure or the fulfilment of ordinary benchmarks, the report mentioned.
Up to date: March 28, 2022, 7:00 AM