Quotes: 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 r 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

 


Khaleej Times




  MENA News Headlines
 Jul 23 2016 - Scottsdale, Arizonas AC by J is Part of Daikin Industries Expansion into N. American AC MarketMENAFN Press
(MENAFN Press) google_ad_client = "pub-7060895361757846"; /* MPR 200x200, created 7/14/10 */ google_ad_slot = "9848691929"; google_ad_width = 200; google_ad_height = 200; Scottsdale, Arizona, ...

 Jul 23 2016 - Morocco's inflation rate grows to 2.3 percentMENAFN
(MENAFN) Morocco's annaul consumer inflation increased to 2.3 percent in June from 1.9 percent in May, due to higher food prices.On the other hand, annual food inflation jumped to 4.4 percent from ...

 Jul 23 2016 - Saudi's Modon signs 6.000 deals at USD160bnMENAFN
(MENAFN) The Saudi Industrial Property Authority (MODON) signed more than 6,000 industrial, logistic and services deals for investments that surpasses USD160bn.Additionally, factories in the ...

 Jul 23 2016 - Qatar's exports from Brazil touch USD122.15mnMENAFN
(MENAFN) Brazil's exports to Qatar for the first half of this year reached USD122.15mn, accounting for 2.33 percent.Moreover, meat, sugar, cereals, ores, slag and other miscellaneous grain seeds and ...

 Jul 23 2016 - Rakhi.primogiftsindia.com Offering Heart Winning Selections for Online Rakhi &'Rakhi Gifts!MENAFN Press
(MENAFN Press) Rakhi.primogiftsindia.com is a name reckoned widely for its extensive range of trendy and attractive Rakhis and heart winning Rakhi gifts. In fact, it is one of the reliable online ...

 Jul 22 2016 - Global Water-Soluble Fertilizers Market Has Been Forecasted to Reach USD 15.30 Billion by 2020MENAFN Press
(MENAFN Press) The global water-soluble fertilizers market has been forecasted to reach a value of USD 15.30 billion by 2020 at a CAGR of 5.6%. The market is primarily driven by the increasing ...

 Jul 22 2016 - Established Cardiothoracic Surgeon, Khaled Abdelhady, MD, FRCS, FACS, will be Recognized in Latest Edition of The Leading Physicians of the WorldMENAFN Press
(MENAFN Press) Chicago, Illinois The International Association of HealthCare Professionals is pleased to welcome Khaled Abdelhady, MD, FRCS, FACS, Cardiothoracic Surgeon, to their prestigious ...

 Jul 22 2016 - Elite Radiologist, Charif Abdul Rahman Sidani, MD, to be Spotlighted in The Leading Physicians of the WorldMENAFN Press
(MENAFN Press) Miami, Florida The International Association of HealthCare Professionals is pleased to welcome Charif Abdul Rahman Sidani, MD, Radiologist, to their prestigious organization with ...

 Jul 22 2016 - Advanced Driver Assistance Systems (ADAS) Market to Reach $89.09 billion with 21.7% CAGR Forecast to 2022MENAFN Press
(MENAFN Press) Advanced Driver Assistance Systems (ADAS) Market to Reach $89.09 billion with 21.7% CAGR Forecast to 2022 Global Advanced Driver Assistance Systems (ADAS) Market 2015 Analysis and ...

 Jul 22 2016 - Organic Silicon 2016 World Market Opportunities and Forecasts to 2021MENAFN Press
(MENAFN Press) Organic Silicon 2016 World Market Opportunities and Forecasts to 2021 Global and Chinese Organic Silicon Industry, 2016 Market Research Report PUNE, INDIA, July 22, 2016 ...

more...


 





Google

 
 

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

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

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
Economic Calendar
Financial Glossary


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


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help