logo
#

Latest news with #MichaelPage

UAE jobs: What are the most in-demand positions in tech sector?
UAE jobs: What are the most in-demand positions in tech sector?

Khaleej Times

time25-06-2025

  • Business
  • Khaleej Times

UAE jobs: What are the most in-demand positions in tech sector?

Hiring at the senior executive level in the UAE's technology sector has slowed slightly, but mid-level roles are thriving, fuelled by the organisations' growing need for skilled talent to support ambitious projects, according to a study by Michael Page. The Salary Guide 2025 for the technology sector, released by the recruitment firm, revealed which positions are the most sought after in the job market. ERP transformation professionals, programme and change management, cybersecurity engineering, IT management and DevOps and autonomation are the most in-demand positions in the UAE while communication, presentation, stakeholder management, vendor management and critical thinking are the most in-demand skills. The UAE's thriving tech sector has sparked heightened interest from local and international talent, driving an influx of highly relevant applications. This surge has intensified competition, creating a dynamic, competitive market that benefits employers seeking top-tier professionals. Stay up to date with the latest news. Follow KT on WhatsApp Channels. In addition to the exponential growth of domestic fintech and other start-ups in the IT sector, many big foreign technology companies have also relocated their operations to the UAE or opened regional branches here. Moreover, many crypto firms have also opened offices in the UAE, creating job opportunities for local companies. 'The technology recruitment market in the UAE remains dynamic, with consistent opportunities at the mid-market level and exciting prospects for professionals driving technology transformations. While hiring at the senior executive level has slowed slightly One of the key drivers of this demand is the enterprise application transformation programmes undertaken by public and private organisations. "As a result, there's a surge in demand for ERP consultants, project managers, and business analysts to ensure the seamless delivery of these programmes,' Michael Page said. 'Additionally, there is a growing need for specialists in other enterprise applications, such as CRM, SCM, and HCM systems, reflecting the diverse technological advancements within the region.' According to Michael Page, public sector projects remain a significant source of hiring activity, driving demand for enterprise architects, cloud engineers, and application development specialists. 'The UAE continues to attract international professionals, as its growing tech ecosystem, high standard of living, and innovative public-sector initiatives make it a preferred destination for global talent. This inflow of skilled individuals is further bolstered by the region's focus on technology as a cornerstone of economic development,' it added.

'Falling below herd immunity' AMA sounds alarm on WA vaccination rates
'Falling below herd immunity' AMA sounds alarm on WA vaccination rates

ABC News

time23-06-2025

  • Health
  • ABC News

'Falling below herd immunity' AMA sounds alarm on WA vaccination rates

Dr Michael Page, outgoing president of the Australian Medical Association's WA branch, says the state government must urgently address falling vaccination rates. "Influenza hits our hospitals really hard every year," Dr Page told Nadia Mitsopoulos. "It's hitting them hard at the moment. If we didn't have anyone being admitted to hospital with respiratory illnesses like influenza and COVID, that would take a serious load off the hospitals. It would reduce ramping. "It would reduce the burnout that our clinicians are facing, and of course, it would keep patients healthier." He said falling childhood vaccination rates were of particular concern. "Diseases like measles, diphtheria, pertussis (whooping cough) — these illnesses that can cause death and disability in children, the vaccinations are absolutely safe. They've been used for many decades. And yet we're seeing a reluctance of parents to vaccinate their children, which is just extraordinary. "If our vaccination rates for children drop much lower, we will be sitting below a herd immunity threshold for some of these childhood illnesses."

‘Putting lives at risk': Slim budget allocation sets back dire hospital developments
‘Putting lives at risk': Slim budget allocation sets back dire hospital developments

West Australian

time21-06-2025

  • Health
  • West Australian

‘Putting lives at risk': Slim budget allocation sets back dire hospital developments

The State Budget contained just $10 million to revamp emergency departments at Royal Perth Hospital and Midland Hospital, prompting fears the projects won't be delivered for years. Both the Opposition and the Australian Medical Association have raised concerns about when these projects — promised at the recent State election — will happen, saying the Perth health system needs help now. AMA WA president Dr Michael Page said the health system needed thousands more beds — and could not afford to wait years for upgrades to the emergency departments at both hospitals. 'It (having only $5m allocated for each project) would indicate that they are not planning to do any building work within the next 12 months, and that's concerning,' Dr Page said. 'For all the talk of these projects going some way towards addressing the stress that the health system is under, even if that is a questionable proposition, if no building is going to commence in the next 12 months then when are we looking at any improvement in health system performance? 'It's years away when the problem is right now. There is an urgency with the public health system that is not being addressed.' The $104m upgrade at RPH and the $105m upgrade at Midland Hospital were both lauded by Labor in the lead up to the March election. Opposition health spokesperson Libby Mettam said it was particularly galling that Labor's $217m racetrack and entertainment precinct at Burswood had been fully funded in Thursday's State Budget. 'Labor's misplaced priorities are putting lives at risk,' Ms Mettam said. 'There can be no clearer message to the people of Western Australia about the priorities of the Premier and his Government. 'These promised expansions were already a desperate catch-up for a system under extreme pressure, now they have effectively been kicked down the road until who knows when. 'Ambulance ramping at our emergency departments last month was the worst ever on record for May, at a time when doctors are warning of a severe flu season in the months ahead. 'Every time the Premier or minister stands in Parliament they are effectively turning their backs on the many Western Australians who have had to wait hours in an ambulance for admission to ED or has been treated on a trolley in the corridor or has made the uncomfortable decision to leave an ED without treatment because the wait is too long.' A spokesperson said on Saturday the Cook Government was investing $3.2 billion into health infrastructure over the next four years. This included money to undertake the detailed planning for the Royal Perth and Midland emergency department expansions. 'We're already in the process of establishing teams who will work within the new Office of Major Infrastructure to deliver the two emergency department expansions,' the spokesperson said. 'The reason we held an early Budget, was so we could get on with delivering key commitments like expanding the emergency departments at Royal Perth and Midland, to cater for our growing population. 'These are complex projects that are undertaken while hospitals remain operational, and cannot occur without detailed planning work happening first. 'We need to ensure we get it right, and planning was always going to be the first priority.'

Grim prediction for flu season in WA prompts urgent warning
Grim prediction for flu season in WA prompts urgent warning

Perth Now

time18-06-2025

  • Health
  • Perth Now

Grim prediction for flu season in WA prompts urgent warning

WA is in the grips of a horror flu season with the number of people in hospital with the virus more than doubling the same time last year, with experts warning the worst is yet to come. WA Health figures show that, as of June 8, nearly one in five recorded flu cases have ended with the person being admitted to hospital. There have been 8083 recorded influenza infections so far this year, more than double the 3488 cases this time last year. Of those 8083 cases, 1489 people have been admitted to hospital — more than double the 692 hospitalisations at the same time last year. It's also almost twice the five-year average of 765 hospitalisations. The high spread of the disease comes as health experts warn a further spike is expected in coming weeks as the middle of winter nears. In May alone, there were 1797 cases of the flu recorded across the State — 936 more than May last year. Australian Medical Association WA president Michael Page said it had been an unusual flu season, with baseline rates of the infectious disease remaining higher even throughout summer. Dr Page said the fact the community had forgotten good hygiene habits adopted during the COVID-19 pandemic could be helping to spread the disease. However, he said WA's low vaccination rates was the number one cause. A poster issued by the WA Department of Health recommending handwashing procedure. Credit: Supplied 'There was that cultural shift during COVID where people would be cautious and stay home when sick and keep their kids home from school,' he said. 'The community has reverted to going back to work when they feel able to and sending their child to school with a runny nose. 'This would definitely be impacting the spread but the number one issue is vaccination. 'We do have unacceptably low rates of influenza vaccination in WA — some of the lowest in the country.' WA's flu vaccination rates are below the national average in all age groups with only 11.6 per cent of five to 15-year-olds vaccinated so far this year and 15.7 per cent of six month to five-year-olds jabbed. We need a new approach and we need to put a bit of time and effort into working out what the underlying reason is that people are not taking up vaccination in the way they used to. Almost 15 per cent of 15 to 50-year-olds have been vaccinated while 25.7 per cent of 50 to 65-year-olds and almost 55 per cent of over 65s have had the jab. Dr Page called on Minister for Preventative Health Sabine Winton to find a new approach to boost flu vaccination rates. 'I think all the hospital system needs is another big wave of infection to just push it even further behind in its ability to treat patients,' he said. 'We need a new strategy in Western Australia — we've got a minister for preventative health and I hope that she's looking very seriously at the impact of low vaccination rates on the overall health system, as well as on the health of individuals. 'More shocking billboards of people on their last breath in hospital is not the solution here. 'We need a new approach and we need to put a bit of time and effort into working out what the underlying reason is that people are not taking up vaccination in the way they used to.' The Kids Research Institute and Perth Children's Hospital infectious specialist Chris Blyth also urged West Australians to get vaccinated to prevent a further spike in cases, which would in turn lessen the pressure on the State's hospitals. 'Our influenza season has started by all accounts and so we expect case numbers to climb — not just in children, but in all populations,' he said. 'We know it spreads quickly in all populations, and we do know that children, particularly primary school children, are great vectors for influenza in the community. 'That's why we have a primary school program in Western Australia and we know that vaccinating primary school children reduces the amount of transmission in the community. 'Normally it takes a week or two to develop immunity from an influenza vaccine so those unvaccinated people out there should take the opportunity now as we expect that numbers will peak in the coming weeks.' Data shows the flu has been spreading the most rapidly among five to nine-year-olds followed by zero to four-year-olds. The Wirth family was struck down with the flu earlier this year, with two-year-old Mia the worst hit. With high fevers for six days, Renee Wirth rushed her young daughter to urgent care and the GP where she was diagnosed with Influenza A. 'Influenza A was scary for me, we had to sleep on her floor as her fevers were hitting hard every four hours,' she said. 'She was getting bad blood noses and we were having to syringe small amounts of Hydralite into her just to keep her hydrated. 'This is the sickest Mia had ever been. We were hospitalised with RSV and pneumonia last year, which I thought was scary, this was far worse. The Wirth family was struck down with the flu earlier this year, with two-year-old Mia the worst hit. Credit: Jackson Flindell / The West Australian 'She tired easily for a good month post-influenza.' Ms Wirth said she believed a lack of hygiene played a part in the spread of influenza this season. 'As a teacher, the last two years I have never been so sick with constant virus after virus hitting me, or the kids in my class. Daycare was the same,' she said. 'We were sick every second week. I truly believe it's the lack of hygiene from people sneezing and coughing then touching door handles, light switches, or sending kids to school thinking it's a cold when it's not. 'People don't want to use sick days unless they have to, which also means people are going to work, using public transport or sending kids to daycare unwell, which impacts families like ours.' A spokesperson for Ms Winton said the Minister would continue to work with doctors and health professionals to find ways to encourage more people to get a free flu vaccination. 'With winter here, the Cook Government is urging all Western Australians to protect themselves and their loved ones against influenza through our free flu vaccination program,' the spokesperson said. 'Now in its fourth year, this important program is helping ensure eligible Western Australians can access their free flu vaccination ahead of the peak season. 'Last year, the State Government launched the successful 'Don't Assume You're Immune' campaign, which continues to play a key role in raising awareness about the importance of immunisation and countering harmful misinformation about public health. 'The campaign has driven more people to seek out accurate, trusted information from sources like the Immunisation WA website. 'The Minister recently met with the AMA and will continue to work with doctors and all health professionals to find ways to encourage more Western Australians to take up the opportunity of a free and safe flu vaccination.'

Million dollar sign-on bonuses offered to attract financial services professionals to UAE
Million dollar sign-on bonuses offered to attract financial services professionals to UAE

The National

time18-06-2025

  • Business
  • The National

Million dollar sign-on bonuses offered to attract financial services professionals to UAE

Financial services professionals in the UAE and the Gulf are being increasingly offered perks like sign-on bonuses, a rarity in the region, as companies seek to attract and retain talent. Asset management firms, private equity companies and hedge funds are hiring robustly, according to recruitment consultants. 'We're not really used to sign-on bonuses in the Middle East. But some of the sign-on bonuses currently being paid to portfolio managers within multi-strategy hedge funds are between $3 million and $5 million,' says Oscar Orellana-Hyder, co-founder of Dubai-based executive search firm Cordell Partners. Adam Man-Cheung, senior director at recruitment consultancy Michael Page, agrees that there's been a 'noticeable increase' in companies offering sign-on bonuses. These depend on the candidate, their seniority, specialism and tenure in the business. Such a perk wasn't prevalent a few years ago in the region, although it has been internationally. When candidates join, they need to forego their existing bonuses, so the sign-on bonus is in recognition of that, he explains. Carried interest agreements Another perk being offered to FS professionals is carried interest, according to Mr Man-Cheung. Carried interest refers to a share of profits earned by general partners of private equity, venture capital and hedge funds. 'We are also seeing more long-term incentives being used to incentivise, attract and retain candidates,' he says. 'This illustrates a maturing of the market and aligning with international financial services standards that we've seen for years in the more defined jurisdictions like London, New York and Hong Kong.' The UAE, the Arab world's second-largest economy, aims to attract more investments in financial services, Minister of Investment Mohamed Alsuwaidi told the Investopia conference in Abu Dhabi in February. 'We are still far behind where we would like to be in financial services,' he says. 'For me, there's definitely significant room to grow there, whether it's in the asset management business, whether it's in the insurance business, whether it's even in the banking and whether it's technology or FinTech or so on.' A growing list of asset managers, insurers, financial institutions and investment houses have chosen to set up base in the UAE in recent years. New York-based BlackRock, the world's top asset manager with nearly $11.5 trillion in assets under management, received a commercial licence to operate at Abu Dhabi's ADGM in November. 'There is appetite to do business here, deploy funds and set up offices. The government has a commercial mindset and incentivises plans to help businesses grow. In other European or US geographies, it's very difficult as there's a lot of red tape and politics,' Mr Orellana-Hyder says. 'Safety and security here is also better than London and New York. There is also a good family environment. All these soft factors complement the UAE's tax-free environment. The potential taxation of carried interest in London is also a massive factor why talent is moving out.' Which roles are in demand? A 'fairly large' influx of international asset managers is coming to the region, and a lot of them are setting up in Saudi Arabia and Abu Dhabi, Michael Page's Mr Man-Cheung says. Compliance professionals and fundraising roles have seen strong demand over the past few years. Existing international asset management firms are now looking to set up some of their investment teams here, too, he adds. Mr Orellana-Hyder says many US and European hedge funds, investment managers and asset managers are in the UAE this month to find an office, to identify who they could raise funds from, and to source talent. They go to New York University Abu Dhabi, Sorbonne University Abu Dhabi or Insead to hire graduates. 'The Dubai Financial Services Authority signed 154 new licences last year. To get a license in DIFC and ADGM, you need people in compliance, risk, finance and a senior executive officer. Over time, you also hire portfolio managers and analysts,' he says. 'We are hiring financial services professionals from developed markets in Europe, London, Singapore, Hong Kong and South Africa. More and more North Americans are also coming and setting up their office here.' When larger companies want to hire wealth managers, relationship managers, fundraising and compliance professionals, they favour people with regional experience and understanding of local compliance regulations. When the role is less specialised, they often go for international experience, Mr Man-Cheung says. Perks and bonuses This new ecosystem of investment managers is used to being paid 'New York-level salaries and bonuses', according to Mr Orellana-Hyder. 'Flexibility is right up there on people's radars. The compensation packages are getting more imaginative. I recently organised a pet allowance to move a dog from West Hollywood to Abu Dhabi for $8,000,' he says. Mr Man-Cheung says the typical bonus in PE firms and asset management investment teams is about six to 12 months' salary. 'The usual bonus in investment banking in a good year is about 13 to 14 months' salary, whereas in a bad year, it's worth about three months' salary. For back-office and mid-office teams, the bonus is usually about two to four months' salary because they're not fee-generative roles,' he says. The salaries for digital assets jobs are higher because there's potentially higher risk, according to Mr Orellana-Hyder. Compliance jobs in digital assets are very popular. Hiring in this space is mostly driven by crypto exchanges, crypto hedge funds and the underlying blockchain providers. Meanwhile, while family offices 'can be very tight on salaries … if you are loyal and dedicate time to them, they can reward you very well', he says. 'On average, regulators offer probably 20 per cent or 30 per cent salaries less than industry players. But you get a lot of visibility working for a regulator. That's attractive to people who have already made their money and are at a later stage in their career.' Banking jobs under pressure With many banks, regionally and globally starting to struggle, they are losing talent to funds and new start-ups, Mr Orellana-Hyder says. 'Gone are the days when graduates were desperate to work for Deutsche Bank, Goldman Sachs or Morgan Stanley. The big brands are losing people to boutique brands,' he says. 'In the next year or couple of years, we're going to see a real uplift of boutique banks, boutique asset managers, the smaller, more agile and nimble ones will be able to compensate better.' Similarly, Michael Page's Mr Man-Cheung says that with the digitalisation of banks, there will be a reduction in lenders' retail headcount. But it is business as usual in wholesale corporate banking, he adds.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store