Unemployment is high but FMs struggle to recruit
Recruitment company looks at why FMs can't find the right candidates
The lack of clarity surrounding what FM in the Middle East actually is has a big impact on recruitment of FM professionals, a presentation by real estate recruitment firm Macdonald and Company revealed.
While the number of unemployed remains staggeringly high, the FM industry continues to struggle to find the right talent, even though FM salaries among established local developers have broadly remained the same through the economic crisis.
Danielle Le Faucheur, senior associate, FM division, Macdonald and Company, explained that there were a number of factors discouraging professionals from applying for roles within the FM industry, the first one being the absence of a definition as to what FM stood for in the Middle East.
She said: “From day one, we have had to assist our clients in making them understand what FM is, as the definition of it is so different here.”
Le Faucheur also mentioned that job security fear was another factor deterring professionals from moving into the FM industry.
“The majority of candidates residing in the UAE tend to be passive and not looking to move due to uncertainty about job security in a new role. In addition, the salaries they are offered can often be below what they were expecting, further reducing their desire to make the move.
Ben Waddilove, director, Macdonald and Company then went on to address salary averages in the UAE, comparing these to averages from around the world and discussing the effects of the Middle East political crisis on both salaries and recruitment activity in the UAE.
He suggested that Dubai, a politically stable emirate, was now in a “transitional phase” and predicted its future in real estate recruitment, at least for the rest of the year, would remain stable.