High rates of job turnover for UAE workers recorded despite chilly employment environment

High rates of job turnover for UAE workers recorded despite chilly employment environment Courtesy of Shutterstock
High rates of job turnover for UAE workers recorded despite chilly employment environment - Courtesy of Shutterstock
0Comments

Reports from the past month paint a picture of professionals
in the United Arab Emirates looking for the exit doors, searching for better long-term
career prospects as economic troubles threaten the GCC country.

A Nov. 8 press release cites the latest Monster Employment
Index and other sources indicating that the UAE job market is currently weak in
various sectors. Some experts are forecasting a better outlook in 2017 and
beyond, citing Expo 2020 and some long-term development projects as having a
potential upward impact on employment.

However, that’s not likely to help local careerists now. A
human resources poll cited
in Zawya Nov. 8
shows that over one-third of respondent companies saw more
workers moving on over the last three years than previously, even as companies
cut jobs and tightened up labor pools.

Ironically, the study indicated that over one-third of
respondents said people are trying to change jobs to avoid redundancy. Other
reasons for turnover, according to the study, involved “lack of remuneration
and/or recognition”; or, in other words, a combination of low pay and lack of
career development opportunity.

“While companies are facing economic uncertainty, HR
directors have noted that voluntary turnover has increased,” Gareth El Mettouri, associate director at Robert Half UAE, the company conducting the workforce study, told Gulf News Journal in a recent statement. “The highest reason
professionals have cited is concerns over company performance and fear of
redundancy, closely followed by insufficient remuneration/recognition. Professionals are becoming wise to the fact
that there are other opportunities around, and as such, are wanting to find
opportunities that are more suited to their long-term career goals.”

According to Deloitte and other companies, the UAE is not
the only place where turnover is a major issue. In fact, some resources from
Deloitte show a philosophy arising in modern economics that fosters a sense of impermanence
in any job role:

“Under the evolving social contract between employer and employee,
workers become “volunteers” to be reengaged and re-recruited each day,” according to a Feb. 29 Deloitte article
on Engagement
.

For more, Gulf News Journal spoke with Dr. Dmitriy
Krichevskiy Friday.

Krichevskiy is an assistant professor of economics at
Elizabethtown College in Pennsylvania.

“People don’t see a path forward for themselves,” he said, citing a lack of career advancement that’s found in weak employment
environments in general — for instance, in the down U.S. job market after the
2008 financial crash.

Comparing what’s going on in the UAE to what might happen in
the U.S. job market long-term, Krichevskiy said while there are some
similarities, there are also a lot of differences.

“They did not have strong unions,” Krichevskiy said,
describing the historic lack of organization of UAE labor markets, and
suggesting that war and instability in the region also undermine larger career
prospects.

“The underlying system is different — and the outcomes will be different as well,” he said. “The great opportunities that (job hoppers) are seeking may
not be there. Dead-end jobs are dead-end jobs, whether
they’re here or there.”



Related

HE Khalid Al Rumaihi Chairman Aluminium Bahrain (Alba)

Alba holds virtual annual general meeting and approves major acquisition

Aluminium Bahrain (Alba) held its annual general meeting virtually on March 12. Shareholders approved major financial decisions including dividends distribution and board appointments. The company also received approval to acquire Aluminium Dunkerque Industries France.

Hana Al Rostamani Chief Executive Officer First Abu Dhabi Bank (FAB)

FAB shareholders approve record AED 8.84 billion cash dividend at annual meeting

First Abu Dhabi Bank shareholders have approved an AED 8.84 billion cash dividend for fiscal year 2025—the largest in its history—following record profits last year. The announcement came during FAB’s virtual Annual General Meeting where all agenda items were passed.

Sheikh Tahnoon bin Zayed Al Nahyan

Dubai Humanitarian says it is ready to respond to global emergencies

Dubai Humanitarian has confirmed its full operational readiness to continue supporting emergency response efforts around the world.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Gulf News Journal.