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Half the workforce in Kuwait keen to shift jobs
June 23, 2018, 2:21 pm
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One in every two (47%) employees in Kuwait are considering an industry change in the next few months. This high rate of disquiet in their current job comes despite only one in five (22%) respondents having changed industries during the last two years.

This desire among employees in Kuwait, to find a new job, switch current careers or move to a new industry altogether, was revealed during a recent survey titled ‘Top Industries in the Middle East and North Africa’.

For those respondents in Kuwait considering an industry change, the most appealing industries were human resources (10%), followed by banking/finance/accounting (8%), real estate/ construction/ property development (8%) and advertising/ marketing/ public relations (6%).  When asked about their reasons for considering an industry change, the top answers were ‘better salary’ (50%), ‘better career growth’ (45%), ‘better benefits’ (27%), and ‘better work life balance’ (27%).

When it came to satisfaction with the current or most recent industries, more than two thirds (68%) of respondents in Kuwait said they were satisfied with the working hours, followed by the work culture (65%), work-life balance (61%), and job security (54%).

When asked about their perception of job attributes in various industries, survey respondents in Kuwait claimed that the best salary packages in Kuwait are found in certain industries, including banking/ finance/ accounting (25%), military/ defense/ police (11%), as well as government/civil services, engineering/ design, and real estate/ construction/ property development (all 10%).

According to respondents, banking/ finance/ accounting (30%), government/ civil service (20%), and education/ academia (13%) were among the industries with the best work-life balance, while banking/ finance/ accounting (24%) remained high on the list for having the best career growth opportunities.

Further, among industries perceived to have the most optimum job security, were banking/ finance/ accounting (28%), government/ civil service (20%), and military/ defense/ police (16%).

In terms of the talent being attracted by various industries, those that were most attractive to women in Kuwait, included banking/ finance/ accounting (28%), healthcare/ medical services (25%), and education/academia (24%).

Meanwhile, industries attracting the most local talent were banking/finance/accounting (25%), government/civil service (15%), and engineering/ design (15%).   As for those hiring the largest proportion of fresh graduates in Kuwait, banking/ finance/ accounting (23%) came in first, followed by government/civil services (18%), and military/ defense/ police (16%).

In Kuwait, respondents perceived the most stressful industries to be domestic services (16%), real estate/ construction/ property development, banking/ finance/ accounting, and healthcare/ medical services (all 14%).

Among industries perceived to have the longest working hours, commerce/ trade/ retail (17%), hospitality/recreation/ entertainment (15%), and real estate/ construction/ property development (14%) emerged at the top.

Data for the survey, conducted by Bayt.com, a leader in online recruitment, in association with YouGov, a pioneer in online market research, came from across the Middle-East and North Africa (MENA) region.  The survey, which was conducted in the first-quarter of 2018 polled over 3,500 respondents from Algeria, Bahrain, Egypt, Jordan, Kuwait, Lebanon, Morocco, Oman, Qatar, Saudi Arabia, Syria, Tunisia, and the UAE.

Speaking about the survey results, the VP of Employer Solutions, Bayt.com, Suhail Masri, said, “Increasingly, the most attractive industries are defined by factors that include, but extend beyond salary, such as work-life balance, opportunities for career growth, and job security. He added, “Today, job seekers are looking for employment in industries that tick every box on their job hunt checklist.”

The survey reveals that industries are becoming increasingly competitive when it comes to securing top talent. The fact that the difference in percentage points between the most and least appealing industries is very small, indicates that the regional workforce is quite diverse and multifaceted. This trend could be beneficial for employees and industries as the region evolves to become a global hub for talent and innovation. Nevertheless, the survey is a pointer that individual employers will also need to become more attentive to their branding, workplace, and methods of securing top talent.

 

 

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