UAE job market to have huge demand for financial and accounting professionals in 2018 reveals study
Posted on December 12, 2017
UAE job market will have a huge demand for financial and accounting professionals in 2018 as per the latest study. Thus overseas professionals in these domains now have a reason to be happy. The report further elaborates that 2018 will have a huge demand for these professionals. It will be in the Healthcare, Professional services, Construction and Real estate sectors.
2018 Salary Guide by Robert Half elaborates that candidates in the Finance and Accounting industry with 5 – 8 years experience will have better chances of getting appropriate jobs. It elaborates that the recruitment scenario in UAE job market will be influenced by diverse factors. These include VAT implementation, transforming business as per advancement in technology, and importance of business growth.
The demand for Expert professionals is increasing owing to large-scale projects, as quoted by the Khaleej Times. The pace of demand is unable to be matched by the existing workforce. Thus there will be increased demand for highly skilled overseas professionals in the upcoming year.
2018 Salary Guide by Robert Half is useful for recruitment trends and salary slabs as well. It is applicable to HR, Law, IT, Financial Services and Accounting & Finance sectors. The report gives details of starting pay package for diverse professionals on a national scale.
There are some trends cutting across different sectors as well. These include a focus on retaining employees, growth, and transformation. This has resulted in offering highest pay packages to candidates with cultural relevance and the right mix of skills. It is required to cater to the growth targets that are always on the rise.
The execution of latest technological advancement will be a core focus area for half of the UAE businesses in 2018. Company growth and management of talent will be the other focus areas. There is also increase in the small and medium scale firms. It has also resulted in the steep increase in the number of digital and transformation businesses operational in the market.
If you are looking to Study, Work, Visit, Invest or Migrate to UAE, contact Y-Axis, the world’s most trusted Immigration & Visa Consultant.