Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

UAE jobs and salaries set to grow faster in 2014: Survey  Join our daily free Newsletter

MENAFN - Khaleej Times - 12/04/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Khaleej Times) According to gulftalent?s report the uae has further strengthened its position as the prime destination for expatriates in the gcc

Companies across the gcc are expected to hire more staff than they did in 2013 a recent survey by online recruitment firm gulftalent has revealed.


The 2014 edition of “employment and salary trends in the gulf” revealed that 2014 will be a year of stronger employment growth and higher salary rises. the report showed that saudi arabia was the leader in job creation in 2013 with 62 per cent of companies increasing their headcount last year. the kingdom was followed by the uae and kuwait.


Gulftalent’s survey also found that across the gcc more companies expect to increase their headcount in 2014 compared with last year with 75 per cent of companies in qatar to create jobs this year. the positive development is primarily due to the execution of major infrastructure projects gathering momentum partly in preparation for the 2022 fifa world cup.


This is followed by 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: 30 per cent of companies expect to increase their headcount compared with only nine per cent in 2013.


Broken down into sectors healthcare topped the table with 80 per cent of companies having created jobs in 2013 driven by heavy government investment in the sector and more countries making health insurance mandatory for employers. according to the survey telecom and retail sectors competed for second position.


Hospitality and retail will dominate job growth in 2014 with 61 per cent of companies in the hospitality sector planning to increase their headcount. fifty-seven per cent of firms in the retail sector will create jobs driven by the region’s rapid population growth and increasing penetration of retail outlets in more remote locations.


Across most of the gcc private-sector salaries are forecast to rise at a faster pace in 2014 compared with the previous year. oman where employees are expected to enjoy an average pay increase of eight per cent leads the field. saudi arabia has the second-highest rate with a projected average increase of 6.8 per cent followed by qatar at 6.7 per cent and the uae at 5.9 per cent. kuwait and bahrain are forecast to have the region’s lowest salary increases — projected at 5.8 per cent and 3.9 per cent respectively. while the salary increases are higher than the previous year they continue to be below the levels seen before the global financial crisis.


According to gulftalent’s report the uae has further strengthened its position as the prime destination for expatriates in the gcc. optimism about the country’s future has increased following dubai’s economic recovery and successful bid for hosting the 2020 expo. expatriates also continue to value the uae’s stability especially as parts of the wider region remain plagued by tensions. not surprisingly dubai and abu dhabi are the region’s most-attractive cities followed by qatar’s capital doha. bahrain on the other hand remains the least-attractive destination for expatriates.


— rohma?khaleejtimes.com

 






  MENA News Headlines
 Sep 2 2014 - Egypt military academy stampede kills 9Arab News
(MENAFN - Arab News) CAIRO Nine people were killed on Tuesday in a stampede outside a military academy in Egypt by relatives seeking to visit cadets the army said in a statement.The military released ...

 Sep 2 2014 - Attack on Egypt security convoy kills 11 in SinaiArab News
(MENAFN - Arab News) CAIRO: An attack on a convoy killed 11 members of the Egyptian security forces in the Sinai Peninsula on Tuesday security and medical sources said.Two were killed by a roadside ...

 Sep 2 2014 - UAE- Human League to perform in DubaiKhaleej Times
(MENAFN - Khaleej Times) The Human League bring their electro-pop back catalogue to Dubai New wave legends The Human League will bathe The Irish Village in synths for their show on Thursday September ...

 Sep 2 2014 - UAE- Ismail Matar backs Mahdis contract extensionKhaleej Times
(MENAFN - Khaleej Times) Matar hinted that het could be able to return to the pitch in two weeks time after covering half of the four-week period decided by the doctors for his recovery.Dubai: Al ...

 Sep 2 2014 - Dubai does well to curb thalassaemia in newbornsKhaleej Times
(MENAFN - Khaleej Times) Drop in the number of disease cases attributed to awareness campaigns screenings.The number of cases of thalassaemia in newborns in Dubai has drastically reduced due to the ...

 Sep 2 2014 - UAE- Umm Al Quwain offers 50 per cent off on traffic finesKhaleej Times
(MENAFN - Khaleej Times) The 50 per cent cut on pending fines includes unpaid fines for speeding and other traffic violations available till December 5.The UAQ Police are offering a 50 per cent ...

 Sep 2 2014 - UAE- Ajman launches online renewal of car registrationKhaleej Times
(MENAFN - Khaleej Times) The programme also provides the opportunity for public to renew their registration card without having to visit the traffic department.The Ajman Police on Monday launched its ...

 Sep 2 2014 - UAE- Cop accused of kidnapping raping womanKhaleej Times
(MENAFN - Khaleej Times) He drove her to a dark location near a construction site after offering a lift where he allegedly raped her.A cop has been charged in the Court of First Instance with ...

 Sep 2 2014 - UAE- Manager blackmails women staff for sex court hearsKhaleej Times
(MENAFN - Khaleej Times) Three women have complained against the 31-year-old man alleging that he had been constantly sexually harassing them.A Palestinian manager has been brought before the Court ...

 Sep 2 2014 - UAE- 22-year-old Indian found hanging from treeKhaleej Times
(MENAFN - Khaleej Times) Police patrols and paramedics were rushed to the spot who took down the body and transferred it to Al Dhaid Hospital for an autopsy.A 22-year-old Indian man was found hanging ...

more...


 






Google

Live Currency Rates

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help