Why do employees change jobs?

123 RF / Dmitrii Shironosov

A new report has revealed why employees in the UAE switch jobs.

According to recruiting firm Hays, salary is only the third most significant factor influencing employee turnover in the Gulf region.

The top two reasons that working professionals look to move employers are because of a "lack of future opportunities" and to "start a new career".

It found that the greatest proportion of working professionals in the Middle East are likely to stay with an employer for more than five years.

Experts say regular appraisals and role-specific training could go a long way in keeping staff loyal for longer.

More from Business

  • Musk-led group makes $97.4 bln bid for control of OpenAI

    A consortium led by Elon Musk offered $97.4 billion (AED 357 trillion) to buy the nonprofit that controls OpenAI, another salvo in the billionaire's fight to block the artificial intelligence startup from transitioning to a for-profit firm.

  • DEWA announces record AED 30.98 bln revenue

    Dubai Electricity and Water Authority (DEWA) recorded consolidated full year revenue, for 2024, of AED 30.98 billion, EBITDA of AED 15.70 billion and net profit after tax of AED 7.24 billion.

  • Aviation sector contributes $4.1 trillion to global economy

    The UAE's Minister of Economy and Chairman of the General Civil Aviation Authority (GCAA), on Monday emphasised the aviation sector's critical role in the global economy, noting that it accounts for 12 to 13 per cent of GDP in some countries and supports millions of jobs worldwide.

  • Paris AI summit draws world leaders

    World leaders and technology executives are convening in Paris on Monday to discuss how to safely embrace artificial intelligence at a time of mounting resistance to red tape that businesses say stifles innovation.

  • 16% growth in new economic licences in Abu Dhabi during 2024

    The Abu Dhabi Registration and Licensing Authority (ADRA), which develops and regulates the business sector, on Monday revealed significant growth in business licences and compliance indicators in the Emirate's mainland and non-financial economic free zones during 2024.