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More UAE employees receive salary hikes in 2018More employees across all UAE economic sectors received salary increases in 2018 compared to the previous year, with 72% of companies across the country awarding their workers raises. The number of compan More… |
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Talent shortage could cost Saudi $33bn by 2030: studySalaries for in-demand workers in Saudi Arabia and the UAE and could add as much as $33.6 billion and $5.9 billion to the total national payroll by 2030, marking wage surges of 9 per cent and over 17 per cent respectively, a report said. More… |
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Outlook 'not good' for salary hikes in GCC this yearGCC professionals predict that compensation and benefits (C&B) outlook will be much more cautious in 2018, although vehicles for employee engagement, training and development are all receiving greater attention. More… |
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Saudi Arabia tops in GCC salary increasesSaudi Arabia continues to lead the region in salary increases, according to a GCC-wide survey of 600 multinational companies and locally-owned conglomerates by Aon, a leading global professional services firm providing a broad range of risk, r More… |
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Jobs, salary outlook better for UAE this yearThe UAE jobs market outlook for 2017 is improving and market sentiment looks reasonably positive, says a report from Cooper Fitch, formerly Morgan McKinley. With estimates GDP growth of between 4-6 per cent across the UAE, with oi More… |
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Low pay top stress factor for Mena employeesA low salary is the main stress factor at work for 28.2 per cent of employees in Mena, followed by a lack of job security (12.3 per cent) and the workplace environment (9.7 per cent), a report said, Workplaces today are more More… |
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Most UAE employees hope for salary hike this yearMore than half (55 per cent) of UAE respondents in a survey are expecting a salary increase this year, while close to half disclosed that they had not received a pay raise in 2015. The 2016 Bayt.com Middle East and North Africa Sa More… |
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Emirates NBD launches salary transfer bonanzaEmirates NBD, a leading bank in the region, has launched a mega salary transfer promotion, rewarding customers who start transferring their salary to the bank with up to 12 months’ salary as bonus pay. Ad More… |
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HSBC to freeze salaries, hiring in 2016 to cut costsEurope's largest lender, HSBC, is imposing a hiring and pay freeze across the bank globally in 2016, two sources familiar with the matter told Reuters. An email was sent to staff on Friday detailing the latest cost-saving meas More… |
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CIMAs in UAE ‘earning double the global average’Management accountants in the UAE are earning an average monthly salary of Dh61,804 ($16,824), 50 per cent more than the average monthly salary of their global counterparts at Dh31,078, a report said. Meanwhile, part-qualifi More… |
