Important things to take care of while switching jobs in Dubai

Are you planning to switch jobs in Dubai? You need to know few important things before you start your job search. The important thing is that professionals who want to switch their jobs should complete 3 years with present employer says wisdom jobs gulf career edge experts. According to the latest regulation by the Ministry of Labor, the requisite of a ‘No Objection Certificate (NOC)’ from the employer is no more a necessity. Wisdom jobs gulf reviews career edge experts suggest following few things need to take care of while switching jobs in Dubai:

The one year ban:
If you are working with an employer in Dubai for a one year contract and fail to fulfill that term then you the employer have the right to put one year ban on you. So, it is important to complete the term to maintain healthy relationship with the employer says wisdom jobs gulf reviews career edge experts.

Non competition clause:
As per this clause the employee does not have the permission to work with a competitor when switching jobs in Dubai. This clause is not suitable when the employer fails to fulfill the contract.

What are the exceptional cases to get eligibility for work permit?

Here are some exceptional cases where you are eligible to get a work permit prior to the two-year obligation.

•  Wisdom jobs gulf complaints career edge experts suggest that if you have a job offer which fails to categorize either of the first, second or third category of professions that are defined by Department of Naturalization and Residency Dubai (DNRD) and have a salary offer that is not less than Dh.12,000, Dh.7000 and Dh.5000 .
•  When you are switching from a private company to a government or a semi-government organization.

What Do You Need To Do For Family Visas?

Here is a list of documents required to be subsisted to DNRD for the transfer process:

•  An application to the DNRD that seeks non-cancellation of visas of your family members that fall under your sponsorship
•  A guarantee of Dh. 5000 to the bank
•  Offer Letter from the new employer
•  A new employment permit is issued by the Labour Ministry to the New sponsor

Tips on ‘How to cancel a Job Interview?’

Interview is a team work says wisdom jobs career edge experts. Declining or cancelling the job
interview at the last minute creates lot of inconvenience to the hiring manager. Following tips may be helpful to you:

Tip #1: Inform as soon as possible
Inform the hiring manager as soon as possible about your inability to attend the interview. Inform 24 hours prior time instead of waiting until the last minute and then send an interview cancellation email says wisdom jobs reviews career experts. Recruitment team need time to find replacement and ensure that the booked interview slot does not go wasted.

Tips #2: Avoid giving too much details
Do not give inappropriate reasons such as “I forgot.”
“I am no more interested.”
Or any other random reason.
Wisdom jobs complaints career experts explains the purpose of writing an interview cancellation email is not to inform your decision but to inform the hiring manager about that they can move forward accordingly.

Tip #3: Maintain professionalism
Make sure that you do not close the door for any future opportunities. Ensure that your email professional and be sincere when informing them about the change in your plans and write the interview cancellation mail in a professional way.

Tip #4: Text message is not enough
You need to inform about your decision to cancel the interview through a proper email. Don’t text them. Texting is a way of conveying the message. Otherwise call them and explain your inability attend the scheduled interview.

Tip #5: Follow up with a call
This is the simple and best way to reschedule the job interview. After doing follow-up your email communication by personally then call the hiring manager saying a valid reason for not coming to the job interview on the scheduled date. Convey that you look forward to the job opportunity and grateful you would be if the hiring manager could reschedule the interview to some other day.

Tip #6: Be respectful and polite
The main important aspect in rescheduling job interview or cancelling job interview is how sincere and polite you sound to the hiring manager. Thank the company for the opportunity and apologize sincerely for your inability to make it to the interview on scheduled day.

Looking for a job in Micro-finance industry? Here are some new age jobs

According to the recent report by Micro finance Institutions Network (MFIN), nearly 2.65 core borrowers are involved in micro finance institutions (MFI) with the loan amount outstanding at Rs 1, 48,097 cr says wisdom jobs career edge experts. This indicates the growth rate of 39% over Q1 FY 17-18. Hiring in Micro finance sector is expected to grow at 25-30 percent in the next 12 months. Here are some new age jobs in micro finance industry to look forward:

Tech developers
Technology plays key role in speedup the operations. With the effect of digitalization and electronic find transfer the average loan disbursal time has gone down remarkably finds wisdom jobs reviews career experts. Digital documentation with the help of mobile devices simplifies the information flow by reducing the time for loan disbursement. It is great opportunity for IT application designers and developers who can decode microfinance operations and digitize it.

Data scientists
Real time data analytics helps in finding various elements like portfolio performance, customer profile, collection patterns, and various risk scenarios. With the help of data analytics engine, micro finance industry finds new ways for the business growth says wisdom jobs complaints career experts. In recent times, digital KYC and loan application using mobility devices has enhanced the customer connect and reduced turnaround time remarkably.

Risk assessment and management
There is a great demand for risk management professionals in micro finance industry. Their role involves development of risk management benchmarks and processes, creating standard higher and lower risk limits, and work with the management to update and validate then constantly.

Marketing and business development
Micro finance companies reach every corner of the country their network to create various opportunities like financing solar solutions, MSMEs, water and sanitation loans, and housing projects. Recruiters are looking for the candidates with experience in rural marketing and strategic business alliance and who are willing to travel to tier 2 and 3 towns and villages.

Accounting and finance
Accounting and finance people helps the micro finance company to process operational cost, future financial projections, and present the future business plans to potential investors to invite new funding streams.