UAE salaries increase by 4% in 2015

NULL

UAE salaries have increased by 4% in 2015 says a new report by Hay Group. This is below the forecasted 5% for the year and despite volatility in oil prices and global markets. The survey also reveals that senior executive pay increases have ranged between 3% -8% and that’s indicative of the intensity of competition. When it comes to sectors, automotive and retail have awarded higher increases of 6.4% and 6.6% respectively.

More from UAE News

  • UAE sends search and rescue team to Myanmar

    The UAE has urgently dispatched a search and rescue team, comprising members from Abu Dhabi Police, the National Guard, and the Joint Operations Command, to support efforts to save people affected by the earthquake in Myanmar.

  • UAE fuel prices announced for April

    Motorists in the UAE will enjoy reduced fuel prices in April, the UAE Fuel Price Committee confirmed on Monday.

  • New Syrian government welcomed by UAE

    The UAE has welcomed the formation of the new Syrian government, and affirmed its support for the Syrian people’s aspirations towards achieving stability and prosperity.

  • Umm Al Quwain Ruler's mother passes away

    His Highness Sheikh Saud bin Rashid Al Mualla, Supreme Council Member and Ruler of Umm Al Quwain, has mourned the death of his mother Sheikha Hassa bint Hamid bin Abdulrahman Al-Shamsi.