Better salaries 'on way after new jobs boom'
Manama, April 14, 2014
More jobs and better salaries will be on offer in Bahrain this year as the political situation stabilises, according to a GCC recruitment website.
Thirty per cent of companies are planning to increase their headcount compared with just nine per cent last year, found a survey by GulfTalent.
It says private sector salaries are also due to rise at a faster pace than last year, reported the Gulf Daily News (GDN), our sister publication.
However, the Employment and Salary Trends in the Gulf report found Saudi Arabia was the region's leader in job creation last year with 62 per cent of companies increasing their staff, followed by the UAE and Kuwait.
Healthcare companies in all GCC countries were at the top of last year's recruitment drive, with up to 80 per cent of companies creating jobs last year driven by heavy government investment in the sector and mandatory health insurance.
Telecom and retail sectors competed for second position.
The GCC's hospitality and retail sector is expected to dominate job growth this year with 61 per cent of companies reportedly planning to hire.
Around 57 per cent of GCC retail firms are also expected to create new jobs, driven by the region's rapid population growth.
Qatar is leading the region's recruitment drive with 75 per cent of companies in Qatar expected to create new jobs.
"The positive development in Qatar is primarily due to the execution of major infrastructure projects gathering momentum, partly in preparation for the 2022 World Cup," said a GulfTalent spokesman.
"Next are companies in Saudi Arabia and the UAE, with 63 per cent and 57 per cent of companies looking to create jobs respectively.
"Even companies in Bahrain are showing signs of improvement in job creation as the political situation stabilises further." - TradeArabia News Service