According to various reports released in August 2012, hiring is increasing again within the UAE. Khaleej Times recently described this as, “After the downturn, the UAE is sensing a healthy recovery vibe post the lay-off spree that took place during the 2008-2009 global economic depression.” With increased hiring being reported, the question on everyone’s lips will relate to salaries and compensation.
The banking and finance sector continues to dominate when it comes to monthly salaries in the UAE, with bank traders and investment consultants earning up to AED100,000 per month, according to a report released this week by Morgan McKinley UAE.