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28 March 2009
UAE tops Gulf for average salary rise in private sector
The UAE witnessed a 16 per cent rise in the salaries of private sector employees in 2008 - marking the highest increase in the Gulf region, according to a recent study.

The study, conducted by a Dubai-based company specialising in administrative development, covered a number of private service companies in the fields of money exchange, finance, insurance, property development, oil and information technology.

The study put Qatar in second place with a 14 per cent average salary increase, followed by Oman with an average increase of 11 per cent.

Bahrain and Kuwait were in joint fourth place with a 9 per cent increase and were followed by Saudi Arabia with an average increase of 8 per cent.

Dr Ali Sharab, an administrative expert at the firm that conducted the study, urged businesses to open transparent dialogue with employees to evolve work environments that would suit both parties given that the size of demand for administrative cadres outstripped supply.

Posted by emPost at 8:12 PM | Link | 2 comments
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Re: UAE tops Gulf for average salary rise in private sector
This makes no sense, if we are reading about massive layoffs then how can salaries increase? Is this survye only for people who still have their jobs, or for execs only or what?
Posted by uae bull on March 29, 2009 at 7:42 PM

Re: UAE tops Gulf for average salary rise in private sector
These are 2008 numbers, and the first 2/3 of 2008 was still the silly season. That skews the figures. Will be interesting to see what 2009 figures say, if anyone's allowed to report them accurately.

Of course getting sacked might not count as a salary reduction, so if a bunch of low income people get sacked that might actually raise average salaries. All depends on who counts and how.
Posted by rakwatcher on March 29, 2009 at 9:27 PM

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