UAE Salary Guide 2022As Cooper Fitch starts to gather the initial data we can propose that salaries in the United Arab Emirates may see an increase of around 2.5%, however, it is too early to give a definite answer until all the data is collected and analysed.
About Cooper Fitch
Cooper Fitch is a professional services company on all matters people-related, we have been providing market & data insights and consulting services for over two decades in the UAE. Our aim is to provide data and trends to better facilitate employee attraction and retention.
We have been partnered with our clients in the United Arab Emirates to build better talent density since 1997.
UAE Salary Guide 2022
The Central Bank of the UAE predicts the country’s GDP will grow by 2.4% this year and 3.8% in 2022 as the economy recovers from restrictions imposed during the COVID 19 global pandemic.
The Cooper Fitch Gulf Employment Creation Index has shown a significant increase in the employment and jobs market in the Gulf over the first six (6) months of 2021. We have seen an increase of 6.4 % from pre-covid levels, this will be reflected in pay levels in our salary guide 2022.
Trefor Murphy the CEO of Cooper Fitch believes that there will be an increase in recruitment activity in certain niche markets in the UAE with new technologies leading the way such as AI, IoT, Digital, Blockchain, Cloud and Cyber. The Advisory and Consulting firms should continue to expand to support economic growth, with Legal, Risk, Deals and Tax leading the way.
We equally see improvements in the number of new jobs across many other areas including, Tourism, Culture, Aviation, FMCG, Pharmaceuticals and Education.
The team at Cooper Fitch aims to speak to over 500 organisations in the UAE this year to provide extensive data on salary trends for our Salary Guide 2022 report.
What is a Salary Guide?
A salary guide is a tool used to generate and sustain competitive compensation packages. The Cooper Fitch Salary guides are most commonly utilised by talent acquisition managers however they also serve as an excellent resource to job seekers looking for a new role so they are able to determine their market value.
The content making up a salary guide would usually consist of the most up-to-date information on salaries by years of experience and skill level. The numbers listed in the guide are in local currency and only cover the fixed monthly component of salaries (the basic, housing and transportation allowances ) The would typically be based on our search history for the calendar year of the salary survey, our historical averages in each market, market trends, feedback from our clients on their organisations.
How to use a Salary Guide
Utilising a salary guide whilst you job search could be an extremely helpful tool. You can use the salary guide as a benchmark therefore enabling you to compare your current salary to those in similar positions. With this information you’ll be able to come up with a range you’re comfortable with and identify jobs that align with your number.
With the information you gather from the salary guide you will have a better understanding of the salary range you are looking for. Our team at Cooper Fitch can also assist you in providing feedback on salaries based on what their clients are offering.