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
 Aug 20 2014 - China detains Chan's son in anti-drug bustArab News
(MENAFN - Arab News) BEIJING: The actor son of Hong Kong action superstar Jackie Chan has been detained in Beijing on drug-related charges the latest high-profile celebrity to be ensnared in one of ...

 Aug 20 2014 - Washington wins ugly against Johnny Manziel and ClevelandArab News
(MENAFN - Arab News) LANDOVER Md.: For anyone curious about the state of the Washington Redskins two games into the preseason and 19 days from the regular season opener they need only refer to the ...

 Aug 20 2014 - De Kock ties record as South Africa beats ZimbabweArab News
(MENAFN - Arab News) BULAWAYO: Quinton de Kock tied a One-Day International record as South Africa beat Zimbabwe by 61 runs on Tuesday to take a 2-0 lead in the three-match series.The 21-year-old ...

 Aug 20 2014 - Verstappen 16 to become youngest F1 driverArab News
(MENAFN - Arab News) MILAN: Sixteen-year-old Max Verstappen will become the youngest driver in Formula One history next season after being unveiled as Toro Rosso's new signing.The Dutch teenager son ...

 Aug 20 2014 - Pakistan mourns squash great Hashim KhanArab News
(MENAFN - Arab News) KARACHI: Pakistan Tuesday mourned its first-ever world champion in any sport squash star Hashim Khan who died in the United States as former players paid tribute to an all-time ...

 Aug 20 2014 - Suarez pledges to not bite again with BarcelonaArab News
(MENAFN - Arab News) BARCELONA Spain: Luis Suarez is ready to put his biting days behind him.The Barcelona striker was officially presented to fans on Tuesday at an event delayed for more than five ...

 Aug 20 2014 - Djokovic Federer seeded 1-2 for US OpenArab News
(MENAFN - Arab News) NEW YORK: Top-ranked Novak Djokovic is seeded No. 1 for the US Open and five-time champion Roger Federer is No. 2 meaning they could meet only in the final.Djokovic beat Federer ...

 Aug 20 2014 - Garcia-Lopez Nieminen advance at Winston-SalemArab News
(MENAFN - Arab News) WINSTON-SALEM: Spain's Guillermo Garcia-Lopez and Jarkko Nieminen of Finland won their second round matches at the ATP Tour's Winston-Salem Open at Wake Forest University on ...

 Aug 20 2014 - AFC final 8: Advantage Al AinArab News
(MENAFN - Arab News) DOHA: Al Ain of the United Arab Emirates have one foot in the semifinals of the AFC Champions League after a convincing 2-0 victory on Tuesday over Saudi Arabian giants Al ...

 Aug 20 2014 - Delhi police arrest two over hotel rape allegationArab News
(MENAFN - Arab News) NEW DELHI: Indian police have arrested two men accused of raping a nurse at one of New Delhi's top luxury hotels a senior officer said Tuesday days after the prime minister used ...

more...


 






Google

Click to Apply

 
 

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