Dubai’s Rising Expatriate Population and September Job Surge
Dubai is witnessing a remarkable increase in its expatriate community. According to a recent report by property and recruitment firm Allsopp & Allsopp, the number of newcomers in the city has surged, with a growth rate ranging from 71% to 75% this year.
September Surge:
The month of September holds special significance in the United Arab Emirates (UAE). It marks the start of a period where many residents actively seek new employment opportunities. This aligns with the beginning of the academic year and individuals’ aspirations for career growth.
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Job Switching Trend:
Bobby Dhaliwal, Principal Consultant at the Allsopp & Allsopp Group, highlighted that around 75% of professionals consider switching jobs around September. This trend is particularly prominent in sectors like real estate, automotive, and corporate services.
Proactive Measures:
To counter this trend and retain their employees, businesses in Dubai are taking proactive steps. One notable initiative is raising salaries, with an average increase of 10-12%.
Rising Demand in Sales and Marketing:
It’s noteworthy that there has been a substantial increase in demand for roles in sales and marketing, showing an almost 100% increase. This reflects the growing importance of these positions and the increased budgets allocated to them.
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A Global Trend:
This tendency to change careers is not unique to Dubai. Throughout the UAE, the annual job-switch rate hovers between 71% and 75%. Neighboring Saudi Arabia reports a comparable rate of 66%. These statistics underline Dubai’s position as an emerging global business hub.
Entrepreneurial Hub:
Dubai has been a favored destination for new businesses, attracting between 30,000 and 60,000 entrepreneurs annually. Contrary to the belief that business activity slows down in the summer, over 30,000 new businesses were established in the first half of this year alone.