Transcript Talent Crunch scenario has improved

Naukrigulf.com Hiring Outlook
Jan-2013
ECONOMIC OVERVIEW
GCC economies are expected to continue to see robust growth in 2013
Real gross domestic product (GDP) is expected to grow by 3.7 per cent in
2013, compared to 5.5 per cent in 2012.
Growth in the non-oil economy is expected to remain strong at 5.5 per cent.
Given the relatively weak global demand environment, oil GDP is expected to
remain flat in 2013 after three years of strong growth.
GDP growth forecast for UAE is stable at 3.2 per cent in 2013
Economic growth in Saudi Arabia is forecast to fall to 3.1 percent in 2013,
owing to lower oil production and large base-effect for the nonoil sector.
Source: IMF
STUDY OVERVIEW
Analysis based on an online survey conducted among 400+ recruiters across the
Gulf Region, covering sectors like Oil and Gas, Construction, Retail and Banking
etc.
METHODOLOGY OVERVIEW
The Naukrigulf.com Hiring Outlook survey is a half-yearly survey which is sent
out to the registered clients of Naukrigulf.com. This is an e-mail survey and the
results are compiled using statistical and analytical techniques.
Highlights
400+ recruiters took the survey
Hiring Trends:
 68% recruiters anticipated new jobs to be created in 2013 as compared 64% in
Aug-12 and 77% in Jan-12
 14% employers said that there will a hiring freeze in 2013 as compared to 7%
forecasting the same in the beginning of 2012
Increments
 50% employers said there will be single digit salary hikes and 17% said that
there will be no increments in 2013
Talent Crunch
 55% recruiters said that they face talent crunch while hiring as compared 61%
facing the same in Jan-2012
SURVEY FINDINGS
Naukrigulf.com Hiring Outlook Survey-Jan 2013
Hiring Outlook for 2013
Improvement in sentiment when compared to six months earlier
 48% recruiters said that jobs will be for the 4-8 years exp bracket and about
40% said jobs will be for the 1-3 years segment
Range Of Increments
17% recruiters say that there will be no increments in 2013 as compared to 5%
stating the same last year
 50% employers predict single digit salary hikes in 2013
Talent Crunch
 Talent Crunch scenario has reduced in over the last one year
Hiring Arabs still remains an area of concern : 58% said that maximum talent
crunch is witnessed while hiring Arab nationalities
4-8 years experience bracket remains the most difficult experience bracket
What recruiters from the Oil and Gas sector say?
• Drop in hiring sentiment : Only 69% recruiters said that new jobs will be
created for the sector as compared to 83% sating the same 6 months ago
•Talent Crunch scenario has improved : 51% recruiters said that they face Talent
crunch while hiring employees as compared to 58% in Aug-12
•Increments: 11% employers say no increments and 52% say less than 10% in
2013
What recruiters from the Construction sector say?
• Improvement in hiring sentiment : 70% recruiters said that new jobs will be
created for the sector as compared to 58% sating the same 6 months ago
•Talent Crunch scenario has improved : 58% recruiters said that they face Talent
crunch while hiring employees
•Increments: 11% employers say no increments and 57% say less than 10% in
2013
THANK YOU!
For any further queries, please write to: Madhurima Chakraborty ( Manager- PR)
Email ID: [email protected]
Phone No: 0120 – 3082087