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“Shall I Compare Thee” . . . Market Statistics

September 28th, 2006  |  Posted in Human Resources by Lama Ataya  |  No Comments

It’s not to the proverbial ”summer’s day” that the region’s employers are comparing candidates this season (although the skies are cloudless and these abound), but to other candidates with very similar experience, skills and credentials from across the globe, and the comparisons are being made ever easier with the ever-increasing popularity of internet job sites with their rich global databases and cutting edge searching, screening, and sorting technologies.Employers can today from the comfort and confines of their desk run a confidential search and screening of candidates in any given position in their industry and determine what the landscape looks like at that level and how competitive their own staff (or prospective staff) are positioned.  They can compare salaries, training, skills, employment records, education and a number of other parameters to set, sanity check or update their own internal benchmarks and adjust their human resources decisions accordingly.  With a leading recruitment site like bayt.com, the Middle East’s #1 job site, sporting a database with upwards of 1.2 million candidates, growing daily, all from the region or interested in migrating to the region, the depth, breadth and quality of the data at employers’ disposal as they make their hiring, firing or promoting decisions has never been greater.

While our specialist Executive Search teams are routinely asked for their professional input on remuneration packages (and that kind of consultation is certainly part of their value-added on retained executive assignments), bayt.com recruitment employers have instant access to a vast cross-section of profiles and data by virtue of bayt.com databases and technologies that makes it possible to run their own cursory analyses along a multitude of dimensions and slice and dice the data in the way that they see fit.  Ensuring the competitiveness of your hiring or remuneration activities has never been easier.

Watch this space.  Bayt.com has recently teamed up with an industry leader in market research, Yougov Siraj, and will be offering a multitude of research offerings designed to be of value-added to both jobseekers and employers.  These include sophisticated pan-regional pan-industrial salary surveys which will make comparing jobseekers (and employers) across countries, industries and positions even easier.

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