Thursday 11 February 2016
 
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HSBC to freeze salaries, hiring in 2016 to cut costs

Europe'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

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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

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Qatar salaries move up despite oil slump

Salaries in Qatar have increased this year despite the steep fall in oil prices, latest data from global management consultancy Hay Group has revealed. Salaries across Qatar went up by an average of 4.2 per cent in 2015, slightly

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Qatar salaries move up despite oil slump

Salaries in Qatar have increased this year despite the steep fall in oil prices, latest data from global management consultancy Hay Group has revealed. Salaries across Qatar went up by an average of 4.2 per cent in 2015, slightly

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Majority UAE graduates prefer online job sites

Seventy-seven per cent of fresh graduates living in the UAE used or plan to use leading online job sites when pursuing their first job, a report said. The majority of respondents also state that finding a job is the biggest challe

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FM professionals eye pay hike in 2016

More than 60 per cent of the Facilities Management (FM) professionals in the Middle East region are confident that their workforce will increase over the next 12 months, said a report. Almost 51 per cent were confident of an incre

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FM professionals eye pay hike in 2016

More than 60 per cent of the Facilities Management (FM) professionals in the Middle East region are confident that their workforce will increase over the next 12 months, said a report. Almost 51 per cent were confident of an incre

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Real estate professionals see 9.6pc jump in salary

The average base salary of regional real estate professionals is Dh44,559 ($12,130) per month in 2015 as compared to the Dh40,641 ($11,062) per month figure posted in 2014, marking an increase of 9.6 per cent, a report said. Macdo

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Six Construct denies role in unpaid salary row

Six Construct, a leading construction group, has denied any responsibility for the non-payment of salaries to employees by its sub-contractor Mercury Middle East in Bahrain. It said in a statement that Mercury is responsible for address

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Bahrain to roll out new electronic payment method

A new electronic payment method being made available to Bahrain's employers from next year has been welcomed by workers' rights activists. Introduced by the Labour Market Regulatory Authority (LMRA) in collaboration with MasterCar

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