UAE salaries to rise 5.5% in 2013

Average salaries in the UAE are likely to rise by 5.5 percent next year after a 4.9 percent increase in 2012, according to a new report by Hay Group, which was presented on the arabianbusiness.com website.

Its 2012 UAE compensation and benefits report also said challenges remain in retaining UAE nationals in the private sector.

It said the turnover of Emirati staff is double that of expats. An average pay rise of 5.5 percent is forecast for the UAE in 2013 according to data for almost 237,000 employees from 532 companies and 16 industries mainly within the private sector.

Hay Group’s Harish Bhatia said 85 percent of UAE companies increased salaries this year, with oil and gas and financial services paying the highest salaries.

About the author

Kazim Ladimeji is the Director of thecareercafe.co.uk—a resource for start-ups, small business and job seekers. It includes a blog with career and small business advice articles. Kazim is a Chartered Member of the Chartered Institute of Personnel and Development, and has been a practising HR professional for 14 years.

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