Complex Made Simple

Michael Page Releases its Q1 2019 Saudi Arabia Job Market Survey

How are job seekers actually feeling about their chances of securing a new role, landing a pay rise or learning new skills? How positive do they feel about the economic situation? This is what we set out to discover with our Job Confidence Index, a global measure of how optimistic job applicants are about the current employment market.

The Michael Page Job Confidence Index is a quarterly barometer that measures the perception of candidates about their job situation and the labour market. The data is collected on voluntary basis from candidates (both Saudi Nationals and expats) who applied for a job offer or submitted their CV on Michael Page. For the complete job market infographic, please click here or see attached and below.   

Key highlights: 

  • Limited scope of work and salaries in current roles are the top two reasons people are looking for a better job according to 47% of our respondents
  • 86% of respondents think that the future job market situation will get better in the next 6 months
  • Career prospects and salaries are the top 2 reasons people are living and working in Saudi Arabia
  • Top 3 aspects of their job that respondents are most satisfied with include general working conditions, level of responsibility and their current sector/industry
  • Respondents trust recruitment firms, professional networking platforms and personal networking as the best ways to search for jobs, with 76% of respondents sharing that less than 3 months is required to find a new job

A more detailed breakup of salary benchmarks can be found in the Michael Page 2019 Annual Salary Survey Saudi Arabia attached to this mail. The survey is based on the insights from actual placements made throughout the year in the region by our experienced consultants.

Michael Page launched its business operations in Saudi Arabia in 2018 manned by 13 experienced recruitment specialists. The team has over 63 years of combined international and local recruitment experience, and recruit across 8 disciplines in Saudi Arabia including Banking and Financial Services, Engineering and Manufacturing, Information Technology, Project Management, Sales and Marketing, Property and Construction, Procurement and Supply Chain, Human Resources and Executive Search. 

Aligned with the key pillars of the Kingdom’s Vision 2030 i.e. providing equal opportunities and attracting talent, as a recruitment firm, Michael Page continues to play a crucial role in shaping the talent pool in the Saudi Arabia. 

“Given the Kingdom’s commitment to its Vision 2030, the bulk of the hiring is taking place in the Financial Services, Infrastructure, Entertainment, Tourism and Healthcare sectors”, shares Domenic Falzarano, Operating Director, Michael Page, Saudi Arabia. 

The leading recruitment firm has worked on over 1400 Saudi-based jobs, and has a strong track record of placing candidates in Saudi Arabia from international markets such as U.S., U.K., Australia and South Africa.