UAE employees to hunt for new jobs after vacation
Dubai, August 30, 2010
Almost half of UAE professionals may dive back into the job market after the summer holidays unless they are promoted, revealed a new research by Regus, a leading provider of innovative workspace solutions.
Regus, which interviewed over 15,000 business respondents from it global contacts database during February and March, said in the UAE, professionals were likely to quit after vacation due to lack of promotion and also because of the fact that their bosses did not know, or did not communicate the company’s goals.
For 47 per cent of respondents, finding that the next rung in the career ladder is a no-show was the top ‘get me out of here’ factor, the study revealed. About 51 per cent of respondents would not stick around with a company lacking communication with management or strategic company vision, it added.
Mark Dixon, CEO of Regus said: “As workers pack up their swim-suits and towels after the holidays, they are more likely to dwell on the pros and cons of the job that is waiting for them at home.'
'With reports indicating that one of the effects of the recovery is that many more employees have started quitting their jobs and looking around for new ones, businesses that are not providing all the trimmings may be heading for a brain-drain of their best talent,' Dixon noted.
“Stress caused by overwork has escalated during the past recession with people working harder and longer to make sure they can pay the mortgage. Bonuses and job perks were cut back to weather the storm, but as the economy picks up employees will be flocking to businesses that promise them better conditions and not necessarily the biggest wage,” he pointed out
According to the survey, other high-stress factors are a long commute to the office (25 per cent) and a boss that takes credit for their work with 24 per cent of respondents quoting this as a reason for making an ‘all change’ decision.
In the UAE, where 12 to 14 hour days are quite common, almost a quarter of respondents said they would also leave because of overwork (24 per cent). Further dissatisfactions that could easily morph into ‘last drop’ factors were lack of administrative support (22 per cent) and rude colleagues (18 per cent), the survey added.
When asked what companies could do to avoid a brain-drain, majority of the respondents (40 per cent) in the UAE said beside a pay hike, private medical insurance was top of their wish-list and 35 per cent called for the ability to flex their working hours, said Dixon.-TradeArabia News Service
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