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Wed 9 Sep 2009 08:10 AM

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Most GCC firms have no hiring freeze in place - survey

New poll also says 48% of 140 recruiters expect to take on staff in next six months.

A majority of companies in the Gulf region have not frozen staff hiring policies, according to the results of a new survey.

And almost 50 percent of company recruiters added that new jobs would be created in the next six months, said the poll, conducted by online jobs portal NaukriGulf.com, Emirates Business reported on Wednesday.

The survey report said most of the 140 recruiters it asked across the GCC countries shared the same "positive hiring sentiment".

The study said 48 percent of the respondents believed there will be new jobs in the next six months while 26 percent said replacement hiring would happen.

Only 22 percent said there would be no hiring while a further four percent indicated layoffs in the future.

"In the current scenario, contradictory to current belief that most companies are not hiring, 51 per cent of the total respondents said hiring was not frozen in their companies," it said.

However, it added that salaries were expected to fall with 35 percent of respondents saying they have cut bonuses.

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rao 11 years ago

By the end of the August, 2.6 million Americans had lost their jobs, millions more around the world saw their pensions halved, quartered and decimated.The year had ended but not the tragedy. can any body quote the real numbers in the middle east. my friends have lost job in Naukri and other companies. I sincerely hope the UAE government is finding the ways along with the private sectors to solve the issue.