Middle East & Africa witnessed a 14.2% drop in IT hiring activity in the banking and payments industry in December 2021 when compared with the previous month, according to GlobalData’s Job Analytics dashboard. December 2021 has seen a decrease of 17.63% in the overall hiring activity when compared with November 2021. IT jobs accounted for a 15.65% share in the industry’s total hiring activity in December 2021, registering an increase of 0.48% over the last three-month average share.

Software and Web Developers, Programmers, and Testers Occupations leads by classification in December 2021

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Software and Web Developers, Programmers, and Testers Occupations emerged as the leading IT occupation in Middle East & Africa with a share of 51.72% in December 2021, a 25% drop over the previous month. Miscellaneous Computer Occupations came in next, claiming a share of 19.89% in December 2021, marking a 29.25% month-on-month decline. In the third place was Database and Network Administrators and Architects with a share of 13.26% in December 2021, a 20.63% drop from November 2021. Computer and Information Analysts registered a share of 9.28% in December 2021, a 16.67% rise over the previous month.

Top five banking and payments companies in Middle East & Africa’s IT recruitment activity in December 2021

The top five companies, in terms of number of jobs as tracked by GlobalData, accounted for a combined average decline of 18.87% in the overall IT recruitment activity of Middle East & Africa’s banking and payments industry during December 2021 over previous month. Sanlam posted 113 IT jobs in December 2021 and registered an increase of 11.88% over the previous month, followed by FirstRand with 48 jobs and a 40% drop. Discovery with 32 IT jobs and Nedbank Group with 28 jobs, recorded a 15.79% drop and a 6.67% drop, respectively, while Absa Group recorded a 54.72% decline with 24 job postings during December 2021.

Country-wise composition of IT hiring in Middle East & Africa’s banking and payments industry

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South Africa commanded a leading presence in the region’s banking and payments industry IT hiring activity with a 75.6% share in December 2021, a 16.67% decrease over November 2021. Israel featured next with a 9.28% share, down 55.7% over the previous month. Tunisia recorded a 4.77% share, a growth of 157.14% compared with November 2021.

Junior Level job postings dominate in December 2021

Junior Level jobs held a share of 62.33%, down by 23.45% from November 2021. Mid Level positions with a 29.97% share, registered a growth of 5.61% compared with the previous month. In the third place was Entry Level job ads with 7.43% share, down 54.84% over November 2021, while Senior postings accounted for 0.27%, recording a month-on-month decline of 75%.