talent neuron city spotlight - marrakesh
DESCRIPTION
The report discusses about the Talent in City of Marrakesh, Morocco , It also includes the ecosystem and the universities that are present in Marrakesh. This report gives numbers for strategic planning of resources in MarrakesTRANSCRIPT
Talent Neuron City Spotlight – Marrakesh (Executive Summary)
December,2013
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Zinnov 3 Source : Talent Neuron research and Analysis, Investment agencies, News articles
Marrakesh – Snapshot Marrakesh is a vibrant center of trade and tourism
Marrakesh Overview
City Population 1,500,000
Unemployment Rate (IT) 1.4%
Attrition Rate 6.0%
Working Days in a year 282 Days (3088 hours)
Political Risk Rating Score 60
EU Membership Status EU partnership
• Marrakesh, capital of the mid-southwestern region of Marrakech-Tensift-El Haouz and is a vibrant center of trade and tourism
• Major industries are Agriculture ,Tourism , Crafts Food-processing, and Textile
• Marrakesh region contributes around 9% to the Domestic Product of the country, and about 13% to the total Domestic National Agriculture Product.
• 13 Public Holidays and 18 paid Vacation days are provided to employees
Zinnov 4 Source : Talent Neuron, Industry Associations, University Websites, Industry Reports, Interview with Stakeholders and Job Portals
Marrakesh Marrakesh has installed talent pool of 550 professionals
Installed Talent Pool – Marrakesh Total Compensation Break up per month
600
50 50
250
100 150
TotalInstalled
Talent
Sofware Hardware IT Services BPO TechnicalSupport
Language Support
Language • Medium of instruction is majorly in Arabic
and French.
Annual Salary Increase
• Annual Salary increase is 8%
Note: Fresher corresponds to experience of 0 years; Experienced corresponds to an experience of 3 years
Social Security Contribution
Professional Training Tax
• 1.6%
Family Benefits • 7.5%
Short-Term Benefits • 0.67%
Long – Term Benefits • 7.93%
85% 85%
15% 15%
Fresher Experienced
Social Contribution Gross Salary
Euro - 288 Euro - 506
Zinnov 5 Source : Talent Neuron research and Analysis, Industry reports, News articles, Investment agencies
Marrakesh The city has a developing infrastructure
Ecosystem
Presence of Tech parks/ Technology development Zone
• Marrakesh Shore is a 800,000 sq. m tech park that will be built around 15 kilometers from the city center.
• Business Process Outsourcing (BPO) and Information technology (ITO) are the two major focus areas
Infrastructure
Office space availability
• Marrakech Shore, a technical park will be located around 15 kilometers from Marrakech and will cover a total area of about 800,000 sq. m.
• First phase of the park will cover a total area of 400,000 sq. m. and the project will start in second half of 2013 and will generate office space of about 200,000 sq. m.
Local Support
Financial/ Training/Other Support Aids
• The companies in Marrakesh Shore will get following incentives: • Training grants of about Euro 5678 per employee will also be awarded for first three years
• Regional Centre of Investment of Marrakesh establishes a single window process for completing all the
formalities. It centralizes authorities such as L OMPIC Moroccan Office of Industrial Property, The commercial court, The National Fund for Social Security, and The Regional Directorate of Taxes.
Company Landscape
Presence of automotive companies and other multinationals
• Delphi has automotive plant
• Non automotive companies such as Travellink Morocco, Road Link, RoughTours Company have their presence
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