{"id":286,"date":"2012-11-02T06:49:26","date_gmt":"2012-11-02T06:49:26","guid":{"rendered":"http:\/\/www.kamaxi.com\/WP\/?p=286"},"modified":"2013-03-15T06:25:37","modified_gmt":"2013-03-15T06:25:37","slug":"salary-increases-in-uae-saudi-and-qatar-to-overtake-inflation-rates","status":"publish","type":"post","link":"https:\/\/www.kamaxi.com\/blogs\/salary-increases-in-uae-saudi-and-qatar-to-overtake-inflation-rates\/","title":{"rendered":"Salary increases in UAE, Saudi and Qatar to overtake inflation rates."},"content":{"rendered":"<p>Dubai: <strong>Your wallet may just get heavier:<\/strong> Salaries in the UAE could rise by five per cent next year, with the highest raises expected in the energy, consumer goods and technology sectors, according to a recent survey.<\/p>\n<p>A survey of about 500 companies in the Gulf across industries forecasts a five per cent rise in the UAE, 5.6 per cent in Qatar and six per cent in Saudi Arabia during 2013 \u2014 which will remain above the forecast inflation rates, according to the Total Remuneration Survey by global consultancy Mercer.<\/p>\n<p>Companies will increase salaries in all levels of hierarchy because of competition to acquire and retain talent.<\/p>\n<p>Multinationals operating in the UAE are paying up to 13 per cent more than local companies in terms of base salaries, according to Zaid Kamhawi, Mercer\u2019s IPS Business Leader in the Middle East.<\/p>\n<p>In the UAE, predicted pay hikes among executives are highest in the energy sector while those in managerial and lower positions will see the biggest payments in the consumer goods sector, the survey showed.<\/p>\n<p>\u201cThe salary increases anticipate in the region are higher than what we see in developing countries and above inflation,\u201d said Kamhawi. \u201cThis is a clear reflection of the growth expected by Middle Eastern companies and an indication of their need to retain quality talent.\u201d<\/p>\n<p>Firms will be on aggressive recruitment mode, with 60 per cent of companies surveyed looking to hire by the end of the year and 70 per cent aiming to increase headcount by 2013.<\/p>\n<p>However companies are still cautious due to the impact of regional and global events on the local economy, Kamhawi said.<\/p>\n<p>&nbsp;<\/p>\n<p><strong><em><strong><em>Kamaxi Overseas Consultants<\/em><\/strong>\u00a0is a leading<\/em><\/strong><strong><em>\u00a0<\/em><\/strong><span style=\"color: #ff6600;\"><strong><em><a title=\"hospitality recruitment agency\" href=\"http:\/\/kamaxi.com\/\" target=\"_blank\"><span style=\"color: #ff6600;\">hospitality recruitment Agency\u00a0<\/span><\/a><\/em><\/strong><\/span><strong><em>specializing in<\/em><\/strong><span style=\"color: #ff6600;\"><strong><em>\u00a0<\/em><\/strong><strong><em><a title=\"hotel jobs\" href=\"http:\/\/kamaxi.com\/hotjobs_manpower_recruitment_agency_india.php\" target=\"_blank\"><span style=\"color: #ff6600;\">hotel jobs\u00a0<\/span><\/a><\/em><\/strong><\/span><strong><em>across the Middle East &amp; Canada. If you are looking to\u00a0<\/em><\/strong><span style=\"color: #ff6600;\"><strong><em><a title=\"hire foreign workers\" href=\"http:\/\/www.kamaxi.com\/index.php\" target=\"_blank\"><span style=\"color: #ff6600;\">hire foreign workers<\/span><\/a><\/em><\/strong><\/span><strong><em>\u00a0from India, Nepal, Philippines &amp; SriLanka. <strong><em>Kamaxi Overseas Consultants<\/em><\/strong>\u00a0is the<\/em><\/strong><strong><em>\u00a0<\/em><\/strong><span style=\"color: #ff6600;\"><strong><em><a title=\"manpower recruitment agency\" href=\"http:\/\/kamaxi.com\/working_manpower_recruitment_agency_india.php\" target=\"_blank\"><span style=\"color: #ff6600;\">manpower recruitment agency\u00a0<\/span><\/a><\/em><\/strong><\/span><strong><em>you Should contact. We are a licensed<\/em><\/strong><strong><em>\u00a0<\/em><\/strong><span style=\"color: #ff6600;\"><strong><em><a title=\"overseas recruitment agency\" href=\"http:\/\/kamaxi.com\/service_overseas_job_recruitment_india.php\" target=\"_blank\"><span style=\"color: #ff6600;\">overseas recruitment agency<\/span><\/a><\/em><\/strong><\/span><strong><em>\u00a0<\/em><\/strong><strong><em>by the Govt of India For<\/em><\/strong><strong><em>\u00a0<\/em><\/strong><strong><em><span style=\"color: #ff6600;\"><a title=\"recruitment of Indian workers\" href=\"http:\/\/kamaxi.com\/temporary_staffing_recruitment_india.php\" target=\"_blank\"><span style=\"color: #ff6600;\">recruitment of Indian workers<\/span><\/a><\/span>.<\/em><\/strong><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dubai: Your wallet may just get heavier: Salaries in the UAE could rise by five per cent next year, with the highest raises expected in the energy, consumer goods and technology sectors, according to a recent survey. A survey of about 500 companies in the Gulf across industries forecasts a five per cent rise in the UAE, 5.6 per cent in Qatar and six per cent in Saudi Arabia during 2013 \u2014 which will remain above the forecast inflation rates,&#8230;<\/p>\n<p class=\"read-more\"><a class=\"btn btn-default\" href=\"https:\/\/www.kamaxi.com\/blogs\/salary-increases-in-uae-saudi-and-qatar-to-overtake-inflation-rates\/\"> Read More<span class=\"screen-reader-text\">  Read More<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,12,9,3,10,11],"tags":[],"class_list":["post-286","post","type-post","status-publish","format-standard","hentry","category-gulf-news","category-hire-foreign-workers","category-httpwww-kamaxi-comsubscribe_hospitality_recruitment_agency_india-php","category-hot-jobs","category-httpwww-kamaxi-comhotjobs_manpower_recruitment_agency_india-php","category-manpower-recruitment-agency"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Salary increases in UAE, Saudi and Qatar to overtake inflation rates. - Kamaxi Overseas Consultants<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.kamaxi.com\/blogs\/salary-increases-in-uae-saudi-and-qatar-to-overtake-inflation-rates\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Salary increases in UAE, Saudi and Qatar to overtake inflation rates. - Kamaxi Overseas Consultants\" \/>\n<meta property=\"og:description\" content=\"Dubai: Your wallet may just get heavier: Salaries in the UAE could rise by five per cent next year, with the highest raises expected in the energy, consumer goods and technology sectors, according to a recent survey. 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