Naukrigulf.com Hiring Outlook Jan-2013

GCC economies are expected to continue to see robust growth in 2013 ECONOMIC OVERVIEW  Real gross domestic product (GDP) is expected to grow by 3.7 per cent in 2013, compared to 5.5 per cent in  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 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

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