Best GCC pay hikes in 2012EMEA, Expert Opinion, Featured, News Wednesday, January 11th, 2012
Employees in countries like Saudi Arabia, Qatar and Oman are likely to see the best pay hikes among Gulf nations this year, according to an expert in the recruitment industry.
Shane Phillips, MENA Regional Practice Leader, Financial & Professional Services at Stanton Chase believes that these three countries will see employees taking home more in the New Year.
“Best pay increases will be in Saudi, Qatar and Oman. Oman is already about 20 per cent below average salaries in UAE, KSA and Qatar – so they are going to need to raise salaries if they want to hire qualified people. Lowest pay hikes will be in Bahrain and Kuwait as these two geographies will continue to struggle as they move forward,” he told Emirates 24|7.