Thursday 26 April 2018
 
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Outlook 'not good' for salary hikes in GCC this year

GCC 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.  

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Saudi Arabia tops in GCC salary increases

Saudi 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

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Jobs, salary outlook better for UAE this year

The 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

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Low pay top stress factor for Mena employees

A 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

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Most UAE employees hope for salary hike this year

More 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

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Emirates NBD launches salary transfer bonanza

Emirates 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

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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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