REPORT: Starting salaries in the UAE are set to increase
We've got some good news. Great news, in fact. According a new salary guide published by Robert Half, the starting salaries for fields like technology, administration, finance and accounting is set to increase by 2.5 percent over the next year.
The guide that claims to be the “most comprehensive and authoritative resource on starting salaries and recruitment trends in finance and accounting, financial services, IT, legal, and HR and administration”, added that pay scales could increase by up to 5.8 percent in comparison to 2016.
Those looking for jobs in the finance sector could receive a 1.2 percent increase in their starting salary while those looking to join the UAE’s technology sector are set to receive an average starting salary increase of 2.4 percent.
According to the report, those looking for a job in human resources and administration can expect a starting increase by as much as 3.8 percent, while those looking for work in the nation’s legal department can expect a 3 percent starting salary increase.
According to the “Robert Half Salary Guide for 2017”, the competition for the best possible candidates for said roles is expected to heat up as up to 68 percent of employers in the UAE are looking to hire within the next few months.
Click here, to view the full report.
The 2017 salary guide comes just weeks after recruitment website, Bayt.com announced that the UAE is experiencing a steady increase in job vacancies.
According to the website, the number of job vacancies in the UAE has increased by 14 percent.
Human resources, entertainment, hospitality and recreation are among the fields that currently have the highest rates of job vacancies in the region.
Aside from the UAE, Bayt.com also found that the MENA region as a whole has been experiencing a steady increase in the job market, with “tens of thousands” of jobs reportedly up for grabs.