Dubai Employment News
 |
||
|
||
| According to Macdonald & Company, the leading recruitment consultancy, which focuses on the real estate industry, the demand for property management professionals in the real estate sector is bound to rise this year. The company made this statement, when launching the Salary, Rewards and Attitudes Survey 2009. According to Matthew Taylor, International Director, Macdonald & Company, the Middle East property market continues to evolve at an astonishing pace, and the main objective of the company is give an indication to both employees and the employers about how things stand as of now. Salaries have met with an average increase of 12 percent last year and 14.2 percent in 2007. This is directly related to the exponential growth seen in the real estate sector of the region over the last couple of years. Therefore, with the current global economic situation and the correction in property market, it is possible that the average salaries may decrease this year, he said. During the past 12 to 18 months, speculators have been driven away, and financing for real estate developers and investors is much harder to come by. This will ensure that developments, particularly residential, will be more end-user driven. Several developers in the UAE are now almost completing their flagship projects, and are seeking specific skill-sets to help them manage their completed buildings in an efficient and cost-effective manner. Therefore, specialized departments such as facilities, asset and property management are likely to either undergo expansion or will be created with the focus of the market changing from delivery to management. With the market getting more competitive and availability of more products, leasing teams and office agency will be more in demand. The focus within construction too has drifted towards cost-saving, which implies that skilled commercial managers, accountants and claims professionals are much in demand. Posted on 8/8/2009 Read more newsThree new industrial parks likely to boost job prospects in Abu DhabiPositive outlook for UAE jobseekers in 2012UAE workforce to witness steady growth in 2012Pay hike on the agenda for UAE employees in 2012UAE residents unsure about job stability and new jobs in the marketImproved recruitment activity in UAE during 1H 2011Job redundancies unlikely in UAEEmirates Airline to conduct 77 recruitment fairs across the globePromotions without pay hikes, now a common trendUAE records growth in hiring process during summer monthsMonsterGulf launches Return2Home recruitment initiative for expat nationalsNew properties to generate 1000 new jobs in UAE this yearUAE salary levels most competitive in the region, say expertsRevised minimum wage policy likely for migrant Indian workersTawdheef 2011 opens on 25th January with over 2500 job vacanciesUAE job market to be streamlinedMore than half of the employers to recruit in Q4 2010Dubai among top five destinations of choice for employmentAll companies in Dubai must abide by Wage Protection SystemCompanies failing to pay timely wages will be referred to Labour Court |
||
|
||