Advisory KSA Salary Guide 2020
The kingdom’s advisory market is set to continue expanding in 2020, with fresh business activity across all service lines including audit, risk consultancy, deal advisory and transaction services. We anticipate a further increase in consulting work in the year ahead, especially in disputes and investigations, public sector, infrastructure and finance advisory.
The biggest growth driver is the Vision 2030 roadmap, which has significantly impacted the Saudi employment market in 2019. An increase in merger & acquisition (M&A) activities, the development of super-scale, or ‘giga’, projects and the privatisation of some government companies have increased demand for advisory professionals and is expected to continue doing so in 2020.
In recent months, there has been a marked push among firms to build advisory teams in Saudi Arabia, as opposed to flying specialists in and out on a project-by-project basis, and this is likely to gather momentum in 2020. Organisations are increasingly investing in operations on the ground, with a positive impact on recruitment and relocation activity. Meanwhile, the growth of non-oil industries means higher demand for new skill sets and strong consultancy support for emerging industries.Download Guide
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 Kingdom of Saudi Arabia in 2020. Our research covers audit, risk consulting, deal advisory and transaction services advisory functions.
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