There are signs of great dynamism on the labour market in 2024 as most employers aim to expand their organisation's headcount and a significant portion of professionals actively prepare to change roles. In a tight talent market, this presents opportunities for strategically positioned organisations, while less well-positioned organisations run the risk of losing out on top talent.
Hays GCC Salary Guide | Recruiting trends
GCC RECRUITMENTIndustry Trends
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0
of employers aim to increase their organisation's headcount in 2024
0
of professionals plan to change organisation, but in a similar role in 2024
How employers expect their organisation's headcount to change in 2024
Changes professionals are planning to make to their career path in 2024
A SATURATED MARKET WITH SKILLS IN SHORT SUPPLY
A shift in labour market trends reflects a complex dynamic in 2024. While there is a higher overall demand for jobs and a greater supply of candidates, employers face difficulties securing skilled and qualified professionals amidst intense competition for top talent. To raise the competency bar and then keep their best people, most organisations are investing in employee training and retention programmes, along with recruiting talent currently in possession of the skills they need.
How employers best describe the labour market in 2023
Top 3 HR investment focus areas for 2024
BRIDGING BENEFITS GAP KEY TO RAISING RETENTION RATES
Employers and professionals agree that, beyond salary, the benefits package is pivotal for attraction and retention. In terms of valued benefits, professionals prioritise air ticket/travel allowances, child education allowances, and flexible working. However, a clear disparity exists in employer-professional perceptions of the benefits on offer versus what they receive.
Professionals that say they currently receive benefits
Yes
No
41%
59%
Top 3 factors to help employers attract and retain staff
Top 3 most important factors to professionals in an organisation
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Discover the latest job market trends and salary data for almost 400 roles in the Gulf region. Find out which skills are most in-demand and get an overview of what matters most to employers and employees. Uncover their expectations and their views on the most relevant topics in the world of work.
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