76% of Qataris expect business conditions to improve within a year: Survey

 19 Sep 2017 - 0:15

76% of Qataris expect business conditions to improve within a year: Survey

The Peninsula

Results from the Middle East Job Seeker Confidence Survey carried out by Bayt.com, the Middle East’s number one job site, and global market research company, YouGov, have indicated high optimism among Qatari respondents. Over three quarters (76 percent) of Qatari respondents expect business conditions in Qatar to improve, while 11 percent of respondents said they expect business conditions to “remain the same,” and only 7 percent said they could get worse.
Concentrating on the current availability of jobs, more than half (54percent) of Qatari respondents believe that there are currently “plenty of jobs available”. Further, one in two respondents in Qatar (50 percent) are either “somewhat” or “very hopeful” that they will find their ideal job in the next six months.
With regards to job satisfaction levels, 61 percent of Qatari respondents are satisfied with their career growth opportunities, while 21 percent are neutral.  Over half (52 percent) of respondents in Qatar are satisfied with the level of job security that they have in their current organisation and 18 percent are neutral.
A similar pattern was seen when it came to training and professional development. 51 percent of respondents said they are satisfied with this aspect, while 23 percent were neutral.  In terms of work-life balance, 54 percent of Qatari respondents said they were satisfied, while 22 percent were neutral.
Looking at future career growth opportunities, 63 percent of Qatari respondents believe that career growth opportunities will get better over the next six months, 23 percent said they will remain the same, while only 3 percent said they could get worse.
This positive outlook by respondents was also reflected on their expectations for compensation in the next six months, with 47 percent believing that it will get better, 41 percent expecting their compensation to remain the same, and only 6percent saying it could get worse.
For non-monetary benefits, 53 percent of Qatari respondents believe these will get better, 33 percent believe they will remain the same, and only 7 percent said they could get worse.
With regards to training and professional development more than half (54 percent) of respondents believe that it will get better, 27 percent said it will remain the same, and only 8 percent said it could get worse over the next six months.
Lastly, when asked about future work-life balance, 48 percent of Qatari respondents said they expect it to get better, 33 percent expect it to remain the same, and only 8percent said it could get worse over the next six months.
“As the leading job site in the Middle East, it is our role to provide all professionals with insights on the economic and financial conditions and how they connect to the job market and availability of career opportunities,” said Suhail Masri (pictured), Vice President of Employer Solutions, Bayt.com.
Qatari respondents were asked about their personal financial conditions. 55 percent of Qatari respondents believe that their or their family’s financial position will “improve” in the next six months. 22 percent of respondents expect their financial conditions to “remain the same as it is now,” while only 9 percent of them said it could become worse.
Anjali Chhabra, Senior Research Manager, YouGov, said: “The Middle East Job Seeker Confidence Index survey gives us many insights into the personal, business and economic conditions of the region. For instance, the majority of respondents are anticipating significant improvements in business conditions and availability of jobs. If this holds true, it will surely reflect positively in many other areas in the economy.”