Advisory UAE Salary Guide 2020
There is expected to be no movement in salary grades over 2020, however, sign-on and guaranteed bonuses are expected to become more prevalent in 2020 as firms ramp up incentives to secure the best talent. Market competition is intensifying on the back of Abu Dhabi’s economic Vision 2030 and other state-led initiatives to lift the economy, and businesses seek top-tier talent to stay ahead of the game.
As competition is fierce within this sector, UAE firms should also seek to diversify the talent pool by being open to interviewing candidates from outside the GCC and other traditional developed economies, for instance, they could consider Eastern Europe, South Africa and Asia Pacific. Capital projects firms, in particular, are starting to widen their horizons, although UAE-based sourcing is still the priority for most firms, our experts say.
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Our data is based on several sources; successful assignments our firm have competed in 2019, undergoing appointments, daily interaction with hiring managers and mid to senior-level executives across the region. Our unique position enables Cooper Fitch to track the latest insights and trends in salary ranges.
Bonuses and other forms of remuneration, such as pension scheme and long-term incentives, are not taken into account, which varies significantly.
Cooper Fitch salary guide for the advisory industry within the United Arab Emirates in 2020. Our research covers audit, risk consulting, deal advisory and transaction services advisory functions.
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