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The job market in the UAE has experienced significant growth in the first quarter of 2023, bucking global trends. Headquarters in particular saw an impressive 20% increase in vacancies.
That’s according to recruiters, who have noted that Dubai’s economy continues to soar and say that momentum will continue. Executive search firms noted that this was driven by planned new projects and initiatives.
Aws Ismail, General Manager of Marc Ellis, said: “We are seeing very positive growth, with the UAE recruitment and job market growing by an average of around 20% in 2023, especially in the technology sector. We believe this growth is driven by the positive market outlook and foreign Driven by a surge in investment, this reflects the commitment of many businesses to establish and expand their operations in the UAE, and continues to align with the UAE government’s digitalization process. There was a lot of uncertainty around the world last year, which had an inevitable impact on the recruitment industry. However , and based on current growth, we expect this momentum to continue until 2023.”
He added: “In terms of industry, we focus on technology recruiting and believe it has been one of the strongest growth sectors, with a focus on internal skillsets, artificial intelligence, machine learning and digital transformation, we have seen significant growth. Our clients need to find the right talent in a variety of roles.”
According to a recent report by global recruitment agency Robert Walters, the banking and financial services industry has experienced substantial growth, with job vacancies increasing compared to the same period in 2022.
The technology sector saw a notable 20% increase in vacancies, followed by human resources, which saw a 10% increase in vacancies.
Nadeem Ahmed, Human Resources Manager at Hidayath, said: “Hiring trends in the UAE have been stronger from this year, with wages for skilled professionals increasing. The Hays 2023 GCC Salary Guide found that the tech sector in the UAE was the most active in hiring last year, with 77% of organizations increased headcount.”
He added: “This is due to continued local and foreign investment in areas such as cloud security and cloud solutions. Hiring picked up from early 2023 and has remained stable. The technology sector has the highest number of recruits in the UAE. Technology is the most popular sector Job titles include software developer, IT infrastructure engineer, IT engineer, DevOps engineer, and digital marketing manager.”
Quality looks for creativity and innovation
Even fellow recruiters agree that the tech industry sees the highest levels of hiring and firing because it has always needed to adjust quickly to recent developments.
Jaya Bhatia, CEO and Founder of ExpertHubrobotics.com said, “We follow strict HR practices across our team and when recruiting, we look for the following seven or so skills to be able to retain our workforce to meet market challenges.
“We look for digital literacy. Candidates must be familiar with digital tools and platforms and be able to adapt as new technologies emerge. Critical thinking and problem-solving skills to analyze complex situations, identify problems and develop effective solutions are important. Creativity and Innovation is another key component. With the rapid pace of technological change, we look for candidates who can think creatively and come up with innovative solutions to challenges.”
Headhunters point out that emotional intelligence is also important when sourcing potential employees so they can better align with the team and ensure well-rounded development both personally and as a business.
“Soft skills such as empathy, teamwork and communication are important. In addition to working independently, employees must be able to work well with others and navigate complex relationships. Also, the ability to adapt to change and learn new skills quickly Appreciated because every organization has different systems and procedures and in today’s world time is tight. With increased data availability, some projects require data analysis and data interpretation to support clients’ challenging projects. Last but not least What’s interesting is that, depending on the industry, employers may place a high value on specific technologies or industry-specific skills.”
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