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Talent Neuron City Spotlight - Fes
1. Talent Neuron City Spotlight – Fes
(Executive Summary)
December 2013
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3. Fes – Snapshot
Second largest city in Morocco and is considered as the “Jewel of Morocco”
•
Fes Overview
City Population
1,126,000
Unemployment Rate (IT)
2.7%
•
Attrition Rate
6.0%
•
Working Days in a year
282 Days (3088
hours)
Political Risk Rating
Score 60
EU Membership Status
EU partnership
•
Source : Talent Neuron research and Analysis, Investment agencies, News articles
Fes is the second largest city in the country and is
considered as the “Jewel of Morocco” for being a
historical, cultural, educational, and tourism center
Major industries in Fes are Agriculture, Tourism, Crafts,
chemicals, Para-chemicals, and Electro-mechanics
Sidi Mohammed Ben Abdellah University with 81
research laboratories and more than 240 research
groups is a major scientific and technological
institution in Fes
13 Public Holidays and 18 paid Vacation days are
provided to employees
Zinnov
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4. Fes
The city has an installed talent base of 5,500 professionals
Installed Talent Pool – Fes
Total Compensation Break up per month
Euro - 459
Euro - 767
15%
13%
1,100
85%
87%
Technical
Support
Fresher
Experienced
5,500
3,050
300
Total
Installed
Talent
350
Sofware
Hardware
700
IT Services
BPO
Social Contribution
Gross Salary
Note: Fresher corresponds to experience of 0 years; Experienced corresponds to an experience of 3 years
Language Support
Language
Annual Salary
Increase
• Arabic is a major medium of instruction in
universities, however, some university offer
courses such as English Language and
Literature, German Language and Literature
and other languages
• Annual Salary increase is 9%
Social Security Contribution
Professional Training
Tax
• 1.6%
Family Benefits
• 7.5%
Short-Term Benefits
• 0.67%
Long – Term Benefits
• 7.93%
Source : Talent Neuron, Country Statistics site, Industry Associations, University Websites, Industry Reports, Interview with Stakeholders and Job Portals Zinnov
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5. Fes
The city has presence of large tech parks
Infrastructure
• Fez Shore, a technology park would offer office space area of over 130,000 sq.m once fully operational.
Office space availability
• The park was inaugurated in June 2012 and the first phase of the project delivered office space of about
16,000 sq.m
Local Support
Financial/
Training/Other Support
Aids
• Training aid of up to € 5,800 is provided. For companies operating in the Fes Shore technology park the
telecom costs is up to 30% cheaper than market price.
• "One Stop Administration" service offers all the administrative services in one dedicated area. The objective is
to simplify and speed up several administrative processes in Fes Shore.
Ecosystem
Presence of Tech parks/
Technology
development Zone
• Fez Shore has Total area of 220,000 sq.m comprising of 131,000 sq.m of offices and services area. The park is
in close proximity to several universities which are in Fez, Ifrane, and Meknes
• Region of Fez-Boulemane has 93 research centers and laboratories and 101 training & research institutes
Company Landscape
Presence of automotive
• Non automotive companies such as Marweb, WAWneeds, ONEDATACLICK, EGY Maroc have presence in the
companies and other
city
multinationals
Source : Talent Neuron research and Analysis, Industry reports, News articles, Investment agencies
Zinnov
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~3,200 Universities
20.5 Million Professionals
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Analysis
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