More than 35 per cent of employees in the UAE and Saudi Arabia said they were no longer used to socialising in the workplace and spending all day with other people, a LinkedIn study found. Photo: Alamy
More than 35 per cent of employees in the UAE and Saudi Arabia said they were no longer used to socialising in the workplace and spending all day with other people, a LinkedIn study found. Photo: Alamy
More than 35 per cent of employees in the UAE and Saudi Arabia said they were no longer used to socialising in the workplace and spending all day with other people, a LinkedIn study found. Photo: Alamy
More than 35 per cent of employees in the UAE and Saudi Arabia said they were no longer used to socialising in the workplace and spending all day with other people, a LinkedIn study found. Photo: Alam

About 70% of employees are 'out of practice' for office life, survey finds


Deepthi Nair
  • English
  • Arabic

About 70 per cent of employees in the UAE and Saudi Arabia feel “out of practice” when it comes to office life as organisations are increasingly returning to normal after an easing of Covid-19-induced work-from-home arrangements, a survey by professional network LinkedIn has found.

More than 50 per cent of employees have returned to working full time, findings of the survey conducted among 1,000 employees showed. And about 55 per cent of employees who want to return to the office, feel they are more productive in an office setting.

However, more than 40 per cent are looking for a flexible schedule and the ability to work from home part-time, the research revealed.

Twenty per cent of those polled said they are looking for new jobs that offer remote working and about 15 per cent said they quit as a result of being asked to return to the office full time.

The widening disconnect between employers and employees about a possible return to the office after Covid-19 and the emergence of a new hybrid working model could lead to a wave of resignations and increase worker disengagement, a report by global consultancy McKinsey has said.

Globally, employees are currently leaving their jobs at much higher rates than normal. About 42 per cent of remote workers said if their company does not continue to offer options to work from home in the long term, they will look for a job that does, according to a March 2021 survey by financial services company Prudential.

The Covid-19 pandemic has encouraged some organisations, including crowdfunding company Kickstarter and consumer goods multinational Unilever, to try the four-day work week to allow employees to juggle work and home life, while having more time for personal pursuits. More employees are demanding an improved work-life balance as they return to the office full time.

A case in point is Dubai-based Active Digital Marketing Communications, a digital marketing communication agency, which switched to a four-day work week from September until the end of the year, to allow employees to balance work and home life better.

“This is a time of significant adjustment for both employees and businesses,” Ali Matar, head of LinkedIn Mena and emerging markets, said.

More than 35 per cent of employees surveyed by LinkedIn said they were no longer used to socialising in the workplace and spending all day with other people.

About 30 per cent of the respondents said that small habits, such as keeping their workspace tidy and wearing office-appropriate clothing, were lost after the new routine created by the pandemic, the research revealed.

Nearly 65 per cent of younger professionals aged 16 to 24 said their professional learning was severely affected by the pandemic.

Soft skills have suffered after an extended period of employees staying apart, and especially for young professionals who haven’t had enough time to build up social skills
Ali Matar,
head of LinkedIn Mena and emerging markets

“It is clear that soft skills have suffered after an extended period of employees staying apart, and especially for young professionals who haven’t had enough time to build up social skills,” Mr Matar said.

“Organisations need to invest in not just remote working capabilities but also remote learning, especially during the formative years of a young professional’s career,” he added.

About 80 per cent of employees polled said there is a stigma associated with working from home, while 65 per cent said they worry that not being seen in the office will negatively affect their career progression, as they have less facetime with the boss and it’s harder to learn from colleagues, the survey found.

Employees working from home for the past year felt safe, happier and were able to spend more time with their family, according to LinkedIn. However, many also felt isolated, overwhelmed and burnt out.

“These results indicate the need for a multi-faceted policy that takes into account the diverse needs of employees,” Mr Matar said.

“For example, new joiners at a company might need to do on-boarding at the office as part of their training and to capture the whole experience, while employees who have been at the company for longer can benefit from more flexibility,” he added.

Key survey takeaways

  • 70 per cent of employees feel “out of practice” when it comes to office life
  • More than 50 per cent of employees have returned to work full time
  • More than 40 per cent want the ability to work from home part-time
  • 20 per cent are looking for new jobs that offer remote working
  • 15 per cent have quit as a result of being asked to return to the office full time
  • 35 per cent said they were no longer used to socialising in the workplace
  • 65 per cent of younger professionals said their professional learning was severely affected by the pandemic
  • 80 per cent of employees believe there is a stigma associated with working from home
  • 65 per cent worry that not being seen in the office will negatively affect their career progression
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Analysis

Members of Syria's Alawite minority community face threat in their heartland after one of the deadliest days in country’s recent history. Read more

In numbers: China in Dubai

The number of Chinese people living in Dubai: An estimated 200,000

Number of Chinese people in International City: Almost 50,000

Daily visitors to Dragon Mart in 2018/19: 120,000

Daily visitors to Dragon Mart in 2010: 20,000

Percentage increase in visitors in eight years: 500 per cent

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Five films to watch

Castle in the Sky (1986)

Grave of the Fireflies (1988)

Only Yesterday (1991)

Pom Poki (1994)

The Tale of Princess Kaguya (2013)

Updated: September 28, 2021, 11:06 AM