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UAE ranked top emerging market destination for career advancement.

Abu Dhabi: A survey of over 1,000 young people aged between 20 and 30 from around the globe has named the UAE as the number one emerging market destination for professional fulfillment.

The respondents to the survey are all members of the World Economic Forum's Global Shapers Community, a network of over 450 city-based hubs of young, civically engaged leaders aged between 20 and 30.

"The Global Shapers Annual Survey 2015 provides insights into how millennials see the world. In addition to the diversity that we observe, the survey also reminds us of those things that millennials value everywhere, such as social and economic equality. By choosing the UAE as the top emerging-markets destination, millennials are selecting a country that is very serious about professional advancement," said Yemi Babington-Ashaye, Head of the Global Shapers Community, World Economic Forum.

Asked what country they would most like to relocate to in order to advance their career, respondents chose the Emirates as the number one emerging markets destination over China, Brazil, South Africa and India, despite the massive scale of the powerhouse Brics [Brazil, Russia, India, and South Africa] economies.

"The UAE boasts a stable economy and offers many opportunities with its business-friendly practices," said Saurabh Pacheriwala, a Global Shaper from the Surat Hub in India.

With responses from 125 countries worldwide and 285 cities, the Global Shapers Annual Survey 2015 is one of the most geographically diverse surveys of millennials.

Career development

As well as highlighting the Shapers' optimal relocation destination, the survey also highlights issues and challenges that resonate most among millennials across every region, as well as those factors held to be most important to them regarding career development.

At both the city and the global level, Shapers identified income inequality as the single most important issue facing the world. However, while Shapers found youth unemployment and effective government as the second and third most important issues that needed to be addressed in their cities, at the global level climate change and education were the priorities.

The survey also suggests a generational shift might be under way in the concept of work, with respondents prioritizing the opportunity to make a difference in their society and the ability to learn over straightforward career advancement. Although career advancement was the top attribute Shapers looked for in an employer, with 48 per cent choosing it among their top three attributes, company culture came a close second (38 per cent), followed by training and development opportunities (32 per cent).

The Global Shapers Annual Survey 2015 is released on the eve of the Summit of the Global Agenda this year.

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Publication:Gulf News (United Arab Emirates)
Date:Oct 25, 2015
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