Inayat-ur-Rahman, Deputy Business Editor
Robert Half, the world’s first and largest specialised job recruitment statistics firm has announced the launch of its 2021 UAE Salary Guide providing in-depth data-driven insights into recruitment trends across the Emirates.
Gareth El Mettouri, Associate Director, Robert Half Middle East, said that the UAE employers are recruiting. There is strong demand for new talent, particularly across the Utilities, Distribution, E-commerce, Telecoms, Insurance and Healthcare sectors. HR Consultants, Legal Managers, Finance and Business Analysts as well as Managing Directors all remain in high demand.
“Additionally, there is a clear shift in the skill sets being sought by hiring managers, with an uptick in demand for ‘soft’ skills such as agility, creativity and communication alongside core technical competencies in order for personnel to have the optimal attributes needed to navigate what remains a very challenging business climate.”
A man browses through recruitment website in his laptop.
“Although some sectors clearly had to downsize due to the COVID-19 crisis, many companies showed resilience by adapting quickly to the new business reality,” El Mettouri observes. “The move to working from home, accelerated rates of digital transformation, the development of virtual procedures for recruitment and onboarding, the encouragement of new skills and the emergence of more flexible workforce models have profoundly changed the way companies work, recruit and offer products and services. All of these developments likely foreshadow how we will work in the post-pandemic era. The future of work has not only arrived, it’s here to stay.”
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Robert Half’s latest data shows that a majority of companies (73%) are offering remuneration packages that meet or exceed pre-pandemic numbers. Almost five-in-ten senior managers surveyed (47%) said salaries have held steady since the spread of COVID-19 began, and nearly 3-in-10 respondents (26%) actually noted an increase in base compensation for key roles spanning Accounting & Finance, Financial Services, Technology and HR/Admin.
Bonuses are still being paid this year. A little over half the managers surveyed (52%) are making payments that either meet or exceed their pre-COVID-19 equivalents, whilst 38% are offering less, year-on-year.
A man designs a DSLR camera on his laptop.
“Professionals are much savvier about the market value of their skills and current salary trends than before. Employers should research compensation trends regularly, be prepared to move quickly and negotiate effectively in order to retain key employees or hire promising talent.”
COVID-19 is re-shaping the employee benefits landscape. At the international level, many managers surveyed have incorporated new worker benefits since the start of the pandemic.
Flexible working has been an important consideration for a growing number of employees for some time, which has now been further amplified by COVID-19. Maintaining an appropriate work-life balance has become an important priority as the pandemic continues to evolve, with 71% of managers committed to offering remote work for the foreseeable future. Flexitime policies – i.e. allowing employees to structure their workday or week as they please – are in place amongst 61% of companies, along with working a compressed week (52%) and permanent part-time arrangements (51%) also favoured by the majority of survey respondents.