According to a “Salary Survey” from Bayt.com Jobs and YouGov

52% of UAE employees expect their salaries to increase in 2022

  • 51% of respondents said that their salary package includes the basic salary in addition to benefits.

    archival

  • Ola Haddad: "The questionnaire aims to identify the main factors related to changes in the level of salary expectations and how they are developing."

picture

The Middle East and North Africa Salary Survey 2022, conducted by Bayt.com, a Middle East job site, in cooperation with YouGov, a market research organization, revealed the perceptions and impressions of employees in the region about the salaries and incentives offered to them in their companies.

The survey showed that about two-thirds of respondents in the UAE believe that salaries will either increase or remain the same, while 52% of respondents expect to receive an increase in their salaries during 2022.

Salaries and benefits

51% of the respondents said that their current salary package includes the basic salary in addition to benefits, while 33% of them stated that it includes the basic salary only, while 16% said that the salary package includes the basic salary, benefits and commissions.

The most common benefits that employees receive in the UAE are: personal health insurance, which 36% say they get, annual personal airfare (31%), and company-provided housing (22%).

On the other hand, 60% of respondents said that their company currently offers end of service benefits, while 11% of respondents said that they receive a retirement pension, while 9% receive other types of benefits.

Preferred pay structure

As for the preferred wage structure, 62% of those who responded to the questionnaire preferred a fixed wage structure of 100%, while about 28% preferred to have a partially fixed wage structure with a variable wage that includes commissions and incentives.

Savings and Expenses

59% said they are able to save part of their monthly income, while 56% said they transfer a percentage of their savings to their home country.

Among respondents who make regular financial investments, 23% said they invest in their own business.

quality of life

With regard to quality of life, about seven out of 10 respondents (69%) in the UAE believe that they are better off, or living at a level similar to the members of their generation in their country of residence.

boosting factors

The survey stated that it is interesting that 26% of the respondents stated that their loyalty to their company is not related to the salary they get, while 24% believe that their loyalty is completely related to the salary offered to them by the company.

In addition to salary, respondents indicated other factors that enhance loyalty, such as the nature of daily responsibilities (31%), opportunities for career advancement (26%), and co-workers (25%).

future plans

When respondents were asked about their career plans for the next 12 months, 50% of respondents in the UAE said they would look for a better job in their same sector of work, while 41% said they were planning to look for a better job in a different sector.

Respondents Profile

According to Bayt.com and YouGov, 73% of respondents said they had worked in the same company for six years or less, while 46% said they had worked in the same company for less than three years.

Also, 50% of respondents have worked in the same current sector for up to six years.

When respondents in the UAE were asked what level they have reached in their career, 60% said they are in the middle of their career or in a relatively high position.

51% also stated that they directly and indirectly manage up to 10 people.

salary structure

Ola Haddad, Managing Director of Human Resources at Bayt.com, said: “Salary is an integral part of employee reward systems, and our survey aims to identify the main factors related to changes in salary expectations and how they are evolving.

It also reveals some of the developments that include the current salary structure and levels, the rate of salary satisfaction, and perceptions related to the cost of living and expenditures, providing an overview of the labor market and the economy as a whole.

Rewards element

For his part, Director of Research at YouGov, Zafer Shah, said that the salary survey sheds light on the labor market from the perspective of employees who strive for excellence, coinciding with the continuous and rapid pace of change within the labor market.

He added, "While financial rewards are one of the most important elements contributing to attracting talent to work in companies, non-financial rewards are also considered one of the main factors contributing to the retention of competencies and the development of the performance and productivity of the workforce."

survey data

Data for the “Salaries in the Middle East and North Africa 2022” questionnaire were collected online during the period from January 19 to February 2, 2022, with the participation of 4771 people from the UAE, Saudi Arabia, Kuwait, Oman, Qatar, Bahrain, Lebanon, Jordan, Iraq, Palestine , Syria, Egypt, Morocco, Algeria, Tunisia, Libya, and Sudan.

• Health insurance and an annual travel ticket are among the most common benefits that employees receive in the UAE.

Follow our latest local and sports news and the latest political and economic developments via Google news