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Sat 12 May 2018 12:41 AM

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Technology sector sees biggest talent turnover in MidEast in 2017

New LinkedIn analysis says software sector in particular sees most number of execs leaving their companies

Technology sector sees biggest talent turnover in MidEast in 2017

The technology sector in the Middle East is seeing the highest turnover of talent, according to analysis by LinkedIn. 

The findings show that in 2017, the technology sector, particularly the software sector saw the most number of professionals leaving their companies (12.3 percent).

This was followed by professionals services at 11.1 percent and telecommunications at 9.65 percent.

While every industry has unique drivers motivating its workforce, the LinkedIn research found that the number one reason people leave their jobs is due to lack of opportunities for advancement (45 percent).

The other biggest reasons people jumped included being unhappy with leadership (41 percent), being unhappy with the work environment (36 percent), and a desire for more challenging work (36 percent).

“The trouble with retaining tech talent is high-demand and rising compensation within the industry. As employers and offers get more competitive, top talent is more eager to jump on new opportunities. Emphasizing career advancement can help retain current employees and attract new ones,” said Ali Matar, head of LinkedIn Middle East and North Africa.

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