Omani youths want to be entrepreneurs

Muscat: New generation Omani youths have more affinity to start their own business than joining as a employee in a company. This fact was revealed in a recently published survey which was done by the National Centre for Statistics and Information (NCSI).

The survey conducted “NCSI” named “Omani Youth Orientation” points out that around 42% of Omani job seekers would like to start their own business, while only 4.5 preferred private sector jobs.

NCSI conducted the survey last month in order to better understand Omani youth orientation in the job market. While 42 per cent of job seekers were willing to start their own businesses, this figure dropped to 28 per cent among higher education students.

The results also showed that Omani youth would rather not work in the private sector. Only 4.5 per cent of the total number of job seekers was willing to do so, as compared to 32 per cent of higher education students.

The survey included questions about the salary range and revealed the average earning of young people in the private sector was around RO500, compared to around RO800 for those in the government sector. The disparity is negligible for those with university level qualifications with the average salary received being about RO900 in both sectors.

With regard to job satisfaction, the results showed that 75 per cent of employees are satisfied with their jobs. Dissatisfaction was mainly among private sector employees.In general, female employees are more satisfied in their jobs compared to male employees.

The study surveyed Omanis aged between 18 and 29 years. The sample of higher education students included a total of 3,466 who participated through an online questionnaire. An additional 3,000 job seekers and 1,000 employees participated in the survey through phone calls.

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