The research by the global recruiting group shows working professionals in the Gulf look to move companies to ‘start a new career’ or for ‘lack of future opportunities’ in their workplace.
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“While salary is important, how an employee performs and how long they choose to stay with an employer is hugely influenced by the career development opportunities offered to them,” according to Chris Greaves, Managing Director of Hays Middle East.
This is particularly true for ‘Generation Z’ consisting of those born after 1995, who unlike the older generation, do not consider ‘job security’ when deciding on employment. Instead, they count developmental opportunities as the most important factor.
“Career opportunities are becoming the overriding focus for professionals in the region and this is only likely to grow in importance as the younger generations of today become the core workforce of tomorrow,” said Greaves.
The report also found that 40 percent of employees in the GCC are likely to stay with a company for over five years on average.
“These are incredibly interesting insights for employers to see as there is often widespread belief that high employee turnover is inevitable in the region as expat workers leave to return to their home countries after only a short period of time here.
“In reality however, this research shows that longevity of employment is incredibly important to both national and expat workers and that employee turnover is entirely in the hands of the employer and the prospects they offer,” Greaves said.
Moreover, 33 percent of the more than 600 professionals who took part in the research have no regular appraisal, while 66 percent received no role-specific training in the past 12 months.
Greaves said the statistics are “alarming”.
“They suggest that a large number of organisations in the region offer no role-enhancing training or any form of performance feedback to their staff and it is therefore no wonder that employees rate career development so highly when considering new employment opportunities.”
He added that companies must better address their career development offerings to attract and retain the best employees by providing workers with job training, upskilling and more varied work.
The Hays Employee Attrition in the GCC Report 2019 took place during July and August 2019 and examines key factors driving employee turnover in the Gulf region.
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