How long to stay in the same job before you should consider making a move is a quandary that most people face at some stage in their career.
The most recent survey by jobs portal Bayt.com found that a whopping nine out of 10 professionals in the Mena region are considering changing jobs in 2022, as the job market returns to pre-coronavirus levels.
Workers who find themselves in the same position for seven to eight years could be perceived as having lost their edge and lead to question marks about their drive and motivation, said one Dubai-based recruiter.
It might look like you have lost your way slightly and are treading water
David Mackenzie
A stint of up to six years in the same role, however, impresses some recruiters in the UAE, who see people as tenacious and loyal for remaining in a role rather than moving from job to job more frequently.
What many recruiters agree on is that people who spend several years in the same job, without being promoted internally, should consider a new role, particularly those in more junior roles.
“If you’ve been in the same role for more than six years then it’s probably time to make a move, be it internally or elsewhere,” said David Mackenzie, group managing director of recruitment agency Mackenzie Jones.
“Being in the job for around six years shows you have the tenacity to stick with it and have probably been part of several cycles in the workplace.
“But when you’re in the same role after about seven or eight years it might look like you have lost your way slightly and are treading water.”
One major sign that it might be time to make a career change, he added, is when colleagues are promoted but you are still in the same role.
“If you’ve been passed over for promotion more than once then you have to question what your boss is thinking,” he said.
“You would have to look at the KPIs [key performance indicators] they gave you and if you met them.
“It’s human nature though. You want to be seen as a success not as a failure. That’s often measured by you getting promoted to a more senior position in your company.”
Longer stints
A recent survey from Hays recruitment agency suggested only 5 per cent of staff liked to change employers after one or two years, with almost 40 per cent staying an average of three to five years.
Another 38 per cent in the survey — a poll of 5,000 people this year in the GCC region — said they would stay more than five years.
The sectors that staff were most likely to remain in a position for more than five years, according to the study, were manufacturing, automotive, construction, education, engineering and financial services.
The industries with employees most likely to move on before serving two years were marketing, media, hospitality, tourism and sport.
“Staying in the same role for a long period of time without promotion can be perceived negatively,” said Aisha Amarsi, a senior manager with Hays.
“Depending on the length of time, it may suggest that an employee is not ambitious, capable or adaptable.
“However, before a judgment can be cast, there are many factors which may contribute to the lack of promotion.”
Staying in the same job title for a longer period was more common among senior managers than mid-level staff, she added.
“If a junior to mid-level employee has the same job title for a long period of time, it is likely to affect career opportunity,” said Ms Amarsi.
“In this situation, employees should speak to their manager and ask for additional responsibilities and promotional targets and therefore, another job title which reflects this.
“It could be as simple as adding ‘senior’ to the title.”
However, spending a short period of time in the same job could also raise red flags with recruiters and potential employers, added Ms Amarsi.
“We often receive feedback from our clients on the short tenure of candidates' employment history,” she said.
“Spending too little time in a role can also be perceived negatively as it can be difficult to ascertain the achievements and impact of that individual in their previous roles.”
Going nowhere
Nevin Lewis, chief executive of Black & Grey HR, urged people to think carefully about their options if they feel their career is going nowhere.
“If you stay too long in one role without promotion it is possible you will become unmotivated,” said Mr Lewis
“Up to five years in a job without promotion should trigger some thinking.
“However, the decision … depends entirely on an individual and their circumstances at the time.”
He said anyone considering resigning should think carefully and have enough money saved to survive for six months without pay.
“I think people should stay in an organisation as long as they are treated with respect, rewarded fairly for their efforts, challenged with new responsibility and career advancement opportunity in the UAE,” he said.
“If they believe in what they’re doing, and it has purpose and meaning, they should stay and if not, they should plan and move. Planning is important in the UAE for expats.
“Make sure the new opportunity you are exploring is clearly better than the one you have now.”
Gratuity factor
Employees building up their possible gratuity payments could be another factor in an employee’s decision to remain in a role.
Currently, if an employee has served more than one year but less than five, they are entitled to gratuity based on 21 days’ salary for each year of work.
However, if they have served more than five years they are entitled to 30 days’ salary for each year they have worked with a company.
“I have seen cases where people have stayed in the same role because they want to build up their gratuity,” said Mr Lewis.
“That’s not uncommon but I think in most cases staff are more likely to leave if they are offered a better opportunity elsewhere in a more senior position.
“Another reason why some staff are happy to stay in the same role is because of their company’s schemes. In some cases, I’ve heard of staff receiving annual bonuses of 10 or 11 times their monthly salaries.”
He said this was particularly common in the financial sector.
Being in the same role for many years is not always regarded as a bad thing though, according to Emily Roberts, principal consultant at Dubai-based recruiters Genie.
“I believe spending a significant amount of time in the same company expresses loyalty to your employer. However, I believe it is important to progress and grow within your employment,” said Ms Roberts.
“Job titles and responsibilities vary from business to business and sector to sector. Someone may stay with the same title but take on more responsibility as they progress.
“It is imperative that the changes in responsibilities are clearly highlighted within your resume, so future employers do not perceive your career as stagnant, due to the same job title.”
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What is Reform?
Reform is a right-wing, populist party led by Nigel Farage, a former MEP who won a seat in the House of Commons last year at his eighth attempt and a prominent figure in the campaign for the UK to leave the European Union.
It was founded in 2018 and originally called the Brexit Party.
Many of its members previously belonged to UKIP or the mainstream Conservatives.
After Brexit took place, the party focused on the reformation of British democracy.
Former Tory deputy chairman Lee Anderson became its first MP after defecting in March 2024.
The party gained support from Elon Musk, and had hoped the tech billionaire would make a £100m donation. However, Mr Musk changed his mind and called for Mr Farage to step down as leader in a row involving the US tycoon's support for far-right figurehead Tommy Robinson who is in prison for contempt of court.
THE BIO
Occupation: Specialised chief medical laboratory technologist
Age: 78
Favourite destination: Always Al Ain “Dar Al Zain”
Hobbies: his work - “ the thing which I am most passionate for and which occupied all my time in the morning and evening from 1963 to 2019”
Other hobbies: football
Favorite football club: Al Ain Sports Club
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Buyers should try to pay as much in cash as possible for a property, limiting the mortgage value to as little as they can afford. This means they not only pay less in interest but their monthly costs are also reduced. Ideally, the monthly mortgage payment should not exceed 20 per cent of the purchaser’s total household income, says Carol Glynn, founder of Conscious Finance Coaching.
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2008: Boston bt Los Angeles Lakers 4-2
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Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994
Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers
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Name: Steppi
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UAE currency: the story behind the money in your pockets
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Quick facts on cancer
- Cancer is the second-leading cause of death worldwide, after cardiovascular diseases
- About one in five men and one in six women will develop cancer in their lifetime
- By 2040, global cancer cases are on track to reach 30 million
- 70 per cent of cancer deaths occur in low and middle-income countries
- This rate is expected to increase to 75 per cent by 2030
- At least one third of common cancers are preventable
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strategies
- The total annual economic cost of cancer is $1.16 trillion
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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.”