Top reasons why employees are switching jobs in UAE

by Staff Reporter
Jobs in UAE

The Middle East, particularly the UAE and KSA, is witnessing significant changes in its work landscape, with talent retention emerging as a top priority for employers, according to Zurich Survey.

74% Employees Want to Switch Jobs in UAE

Job Changes: 25% of employees in the UAE and KSA switched jobs in the last year, motivated by better remuneration, enhanced benefits, and career advancement opportunities.

Intent to Explore New Opportunities: A strong intent to explore new job opportunities within the next 12 to 18 months, with 78% in KSA and 74% in the UAE.

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Proactivity by Women and Younger Employees: Women and employees in the 25-34 age group are particularly proactive in exploring new career opportunities.

Importance of Flexibility: Flexibility within the workplace is a key factor in attracting and retaining talent, along with diversity and addressing pay gaps.

Government Initiatives: UAE government introducing reforms like investment-related end-of-service benefits, unemployment insurance, and condensed working weeks to attract global talent.

Dissatisfaction With Employee Benefits

jobs in UAE

Talent Shortage: The UAE and KSA are grappling with talent shortages, reaching approximately 24% and 30%, respectively, with Operations and Logistics sectors being most affected.

Dissatisfaction with Employee Benefits: A clear gap exists between what employers offer and what employees desire. Over one-third of employees express dissatisfaction with current employee benefit packages.

Understanding Employee Priorities

Significance of Employee Benefits: Employee benefits are considered extremely important by nearly 9 out of 10 employees, often surpassing the importance of salary.

Focus on Values and Culture: Building long-term relationships between employers and employees involves aligning values and nurturing a cohesive work culture. Mental well-being and long-term incentive plans are highlighted as important.

The Role of Employee Benefits

Key Driver for Talent Attraction and Retention: 84% of employees are willing to change jobs for the same pay but better employee benefits.

Holistic Approach: Employers are urged to adopt a holistic approach to talent retention, focusing on workplace savings, pensions, end-of-service benefits, and financial stability.

Evolving Employee Motivation: Enhanced employee benefits have now surpassed competitive pay as the primary driver for talent attraction and retention.

Opportunity for Employers: Employers can position themselves as an employer of choice and build mutually beneficial relationships with employees in a competitive job market by adapting their benefits packages to meet changing employee priorities.

tanvir@dubainewsweek.com

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