A pair of enterprising UAE graduates are aiming to usher in a recruitment revolution by encouraging anonymous applications from job seekers to root out potential bias and discrimination.
Maimuna Rashid, 24, and Aqsa Khalifa, 23, set up the Pupilar career platform, through which companies make blind selections of candidates based on the results of job-specific challenges and tasks, rather than poring over CVs and Linkedin profiles.
Companies that sign up to the scheme do not have access to a person's identity, background, age, nationality or gender.
The business partners both graduated from Amity University Dubai in 2019 as high achievers, but found navigating the job market a daunting task.
We cannot eradicate this bias culture completely, what we can do is try to reduce this kind of approach to hiring young people
Maimuna Rashid,
co-founder, Pupilar
"We had these high expectations that we would end up getting our dream jobs, but no matter how skilled you are, the system has a flaw that does not allow recognition of the right people and the right kind of talent," said Ms Rashid, who is from Bangladesh and has a bachelors degree in interior design.
“The process of hiring needed evolution so that instead of hiring young people based on CVs and social background, they would be hired for their skills, potential, and talent."
The pair devised their plan in response to high unemployment rates across the Middle East and North Africa.
“We have a massive unemployment issue in the region and we analysed every possible solution and understood it was a three-layered issue."
They said their three-pronged approach involved shaking up the recruitment process, improving training for youth and raising awareness of the need to create a fairer employment market.
A change in culture
Ms Rashid said it was incumbent on young people to develop their skills to keep pace with emerging industries, including the rise of digital currencies.
But she called for a sea change in recruitment culture, which often alienates students who were unable to afford top-tier colleges.
“There are different classes of universities that have higher recognition in our society and if an individual is not able to afford these kinds of universities, they miss out on opportunities,” Ms Rashid said.
“We need a mindset change."
She said through Pupilar, the team was able to speak with recruitment heads at organisations and question their practices.
"We cannot eradicate this bias culture completely, what we can do is try to reduce this kind of approach to hiring young people, and this will go a long way. I think it's a movement and it will take time, it will not happen overnight.
“We in the UAE take pride in diversity. But quite interestingly, when you go to hiring, there is a certain layer of discrimination happening."
She said some companies specified a gender for a role, but when questioned on this discrimination, often dropped the requirement.
How does Pupilar work?
Pupilar is aimed at people aged between 15 and 35 and has 54,000 graduates and students in its network.
The platform is free for job seekers, with charges levied only on companies using the service.
Ms Khalifa said challenges faced by candidates were essentially tests that could be tailored to a particular job.
“We do not want to be a one-size-fits-all system that is already out there. What makes us unique is the challenge model itself," said Ms Khalifa, also an interior design graduate.
"The challenge system makes it easier to screen but also makes it very specific to what it is that you need.
“Once they're through with the challenge, we recommend top profiles to employers. For some roles, we need to share CVs, otherwise we share a skill profile.”
She believes this system will better help employers to find the right person for the job.
She said the system helps employers get an idea of a person’s potential in the role they are being hired for.
Ms Rashid and Ms Khalifa were winners of the UEP Accelerators Programme held by the Mohammed bin Rashid Innovation Fund.
They are hoping to secure funding to support their project.
The best degrees for future careers - in pictures
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GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
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Price: From Dh149,900
The specs
- Engine: 3.9-litre twin-turbo V8
- Power: 640hp
- Torque: 760nm
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Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
The bio:
Favourite film:
Declan: It was The Commitments but now it’s Bohemian Rhapsody.
Heidi: The Long Kiss Goodnight.
Favourite holiday destination:
Declan: Las Vegas but I also love getting home to Ireland and seeing everyone back home.
Heidi: Australia but my dream destination would be to go to Cuba.
Favourite pastime:
Declan: I love brunching and socializing. Just basically having the craic.
Heidi: Paddleboarding and swimming.
Personal motto:
Declan: Take chances.
Heidi: Live, love, laugh and have no regrets.
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The specs
Engine: 2.0-litre 4-cyl turbo
Power: 201hp at 5,200rpm
Torque: 320Nm at 1,750-4,000rpm
Transmission: 6-speed auto
Fuel consumption: 8.7L/100km
Price: Dh133,900
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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.”
Getting there
The flights
Flydubai operates up to seven flights a week to Helsinki. Return fares to Helsinki from Dubai start from Dh1,545 in Economy and Dh7,560 in Business Class.
The stay
Golden Crown Igloos in Levi offer stays from Dh1,215 per person per night for a superior igloo; www.leviniglut.net
Panorama Hotel in Levi is conveniently located at the top of Levi fell, a short walk from the gondola. Stays start from Dh292 per night based on two people sharing; www. golevi.fi/en/accommodation/hotel-levi-panorama
Arctic Treehouse Hotel in Rovaniemi offers stays from Dh1,379 per night based on two people sharing; www.arctictreehousehotel.com
SCORES IN BRIEF
Lahore Qalandars 186 for 4 in 19.4 overs
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(Jonathan Tattersall 36, Harry Brook 37, Gary Ballance 33, Adam Lyth 32, Shaheen Afridi 2-36).
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Our legal consultants
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Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
UAE currency: the story behind the money in your pockets
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if you go
The flights
Air Astana flies direct from Dubai to Almaty from Dh2,440 per person return, and to Astana (via Almaty) from Dh2,930 return, both including taxes.
The hotels
Rooms at the Ritz-Carlton Almaty cost from Dh1,944 per night including taxes; and in Astana the new Ritz-Carlton Astana (www.marriott) costs from Dh1,325; alternatively, the new St Regis Astana costs from Dh1,458 per night including taxes.
When to visit
March-May and September-November
Visas
Citizens of many countries, including the UAE do not need a visa to enter Kazakhstan for up to 30 days. Contact the nearest Kazakhstan embassy or consulate.
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Who was Alfred Nobel?
The Nobel Prize was created by wealthy Swedish chemist and entrepreneur Alfred Nobel.
- In his will he dictated that the bulk of his estate should be used to fund "prizes to those who, during the preceding year, have conferred the greatest benefit to humankind".
- Nobel is best known as the inventor of dynamite, but also wrote poetry and drama and could speak Russian, French, English and German by the age of 17. The five original prize categories reflect the interests closest to his heart.
- Nobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.
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