UAE Non-Oil Business Activity Surges to Nine-Month High in December

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 The United Arab Emirates' non-oil private sector recorded its fastest expansion in nine months in December 2024, buoyed by strong domestic demand and increased business activity, according to the latest S&P Global Purchasing Managers’ Index (PMI) report. PMI Highlights Robust Growth The seasonally adjusted UAE PMI climbed to 55.4 in December from 54.2 in November, signaling robust growth well above the 50.0 threshold that separates expansion from contraction. This marked the third consecutive monthly increase, underscoring sustained recovery in the non-oil sector. Key drivers of growth included a notable rise in new business activity. The new orders subindex rose sharply to 59.3 in December from 58.0 in the previous month, reflecting strong domestic demand. Challenges Amid the Growth While domestic demand flourished, export growth slowed, with the export orders subindex dropping to a seven-month low. Additionally, businesses faced mounting backlogs due to capacity constraints,...

UAE: Ways to prevent trends like 'the great resignation'

 


Experts have stated that finding the appropriate job involves more than just salary in light of viral workplace trends like "the great resignation" and "silent resigning."

 According to Tibet Eriolu, VP of the Adecco Group, a provider of worldwide HR solutions, "a strong work-life balance is increasingly crucial." In fact, over 25 percent of employees who leave their employment take positions with lower salary in exchange for benefits like a better workplace culture.

 People have been leaving their jobs or quietly quitting over the past couple of years because they are so unsatisfied with their jobs, the expert added.

 According to Niousha Ehsan, a certified life coach, mentor, and advocate for leadership and workplace culture, many are quietly leaving their jobs to prevent burnout.

 "When workers are unfulfilled, they only want to accomplish the absolute minimum to do the job. Instead of giving their all to be the greatest at what they do, they are unwilling to go above and beyond, and work becomes a checklist to get the job done," explained Ehsan, the chief energy officer of LINKVIVA, a company based in Dubai.

 How to retain talent

 Workplace boundaries: No work after work hours

 Managers might enforce work limits and guidelines for absolutely no emails or work calls after work hours, according to Eriolu, which could help to lessen the scenario of people resigning quietly.

 Celebrate employees

 Ehsan asserts that leaders and employers should foster an atmosphere where people act "because they want to, not because they have to,"

 "Employers can retain talent by recognizing their people, offering a great work environment — where employees are delighted to come to work and feel confident voicing their thoughts — and providing plenty of opportunities for employees to grow and step up with assistance," said one expert.

 Questions to ponder over

 According to her, issues that employees may encounter at work typically center on the culture of the organization and the personal circumstances of the employees.

 Employers should reflect on these issues:

 Are personnel chosen for the appropriate position?

 Have they have opportunities for advancement with a clear trajectory?

 New employee experiences

 Companies need to develop fresh employee experiences, says Eriolu.

 With employees, talk about what can be done to help them feel valued, as well as to assist them gain new skills and take on new tasks that will help them advance their careers. The first step to high employee retention is to establish a trustworthy and open relationship with them, one in which they feel free to talk about their stress levels, workloads, and even how comfortable they are working in teams and with coworkers."

 Boost employees' wellbeing

 He emphasized that the organizational culture should include a focus on employee well-being. In order to build inclusive settings, employers also need to take into account their working procedures, calendars, and physical space.

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