RELATED — UAE salary guide 2022: how much should you be earning?
About two-thirds of professionals in the UAE will actively look for new jobs in the first half of this year as business confidence and hiring activity return to pre-pandemic levels, according to a survey by recruitment company Robert Walters.
Fifty-nine per cent of workers in the Emirates feel “very confident” about job opportunities in their sector, according to the survey, which polled 3,000 white-collar employees from December 2021 to January this year.
A large majority of white-collar workforce in the UAE has held on to jobs in anticipation of a New Year bonus and pay rise and will continue to be “market curious” throughout 2022, Robert Walters said.
“Many companies decided on their 2022 raises a few months ago before we had a clear picture of how competitive and candidate-short the market was going to be,” Jason Grundy, managing director of Robert Walters Middle East and Africa, said.
“Companies which did not adequately reward their staff at the beginning of this year have potentially put themselves at risk of losing some of their best assets — and consequently, will find themselves in a bidding war for their own employees as the market continues to heat up.”
The jobs market in the UAE, the second-largest Arab economy, has recovered strongly from the pandemic-induced slowdown on the back of the government’s fiscal and monetary measures.
About 76 per cent of UAE employers plan to expand their workforce in 2022, according to a survey last week by jobs portal Bayt.com and market research company YouGov.
Salary increases and bonuses continue to be the main incentives for retaining employees within a business, according to Robert Walters.
About 72 per cent of professionals in the UAE expect a pay rise in the first half of this year, the survey found, with 64 per cent of those polled saying they plan to leave their jobs if they are not offered an increment in 2022.
Movement in the UAE job market is set to peak at the end of February after January appraisals, the company said.
Salaries for new hires have increased at a faster pace than existing workers’ pay in the past 18 months, the survey revealed.
New employees' pay increased by 6 per cent to 8 per cent and, sometimes, by up to 20 per cent in industries such as technology or health care, Robert Walters said.
“If pay increases are not on the agenda, then it is crucial that managers check in with their team to get an idea of career plans and how they as an employer can assist,” Mr Grundy said.
Companies which did not adequately reward their staff at the beginning of this year have potentially put themselves at risk of losing some of their best assets
Jason Grundy,
managing director of Robert Walters Middle East and Africa
About 28 per cent of UAE employers planned to make changes to existing remuneration packages, a separate Robert Walters poll of 500 UAE companies found.
“The real sweet spot for companies is professionals with more than five years [of] experience, wherein [those in] sectors such as legal and finance are achieving 20 per cent to 30 per cent pay increases when moving roles,” Mr Grundy said.
“In technology, the pay rises are even higher, sometimes up to 50 per cent for those with software development or cyber security experience.”
UAE currency: the story behind the money in your pockets
Sun jukebox
Rufus Thomas, Bear Cat (The Answer to Hound Dog) (1953)
This rip-off of Leiber/Stoller’s early rock stomper brought a lawsuit against Phillips and necessitated Presley’s premature sale to RCA.
Elvis Presley, Mystery Train (1955)
The B-side of Presley’s final single for Sun bops with a drummer-less groove.
Johnny Cash and the Tennessee Two, Folsom Prison Blues (1955)
Originally recorded for Sun, Cash’s signature tune was performed for inmates of the titular prison 13 years later.
Carl Perkins, Blue Suede Shoes (1956)
Within a month of Sun’s February release Elvis had his version out on RCA.
Roy Orbison, Ooby Dooby (1956)
An essential piece of irreverent juvenilia from Orbison.
Jerry Lee Lewis, Great Balls of Fire (1957)
Lee’s trademark anthem is one of the era’s best-remembered – and best-selling – songs.
How to donate
Send “thenational” to the following numbers or call the hotline on: 0502955999
2289 – Dh10
2252 – Dh 50
6025 – Dh20
6027 – Dh 100
6026 – Dh 200
In numbers: PKK’s money network in Europe
Germany: PKK collectors typically bring in $18 million in cash a year – amount has trebled since 2010
Revolutionary tax: Investigators say about $2 million a year raised from ‘tax collection’ around Marseille
Extortion: Gunman convicted in 2023 of demanding $10,000 from Kurdish businessman in Stockholm
Drug trade: PKK income claimed by Turkish anti-drugs force in 2024 to be as high as $500 million a year
Denmark: PKK one of two terrorist groups along with Iranian separatists ASMLA to raise “two-digit million amounts”
Contributions: Hundreds of euros expected from typical Kurdish families and thousands from business owners
TV channel: Kurdish Roj TV accounts frozen and went bankrupt after Denmark fined it more than $1 million over PKK links in 2013
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GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
The specs
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
The specs
- Engine: 3.9-litre twin-turbo V8
- Power: 640hp
- Torque: 760nm
- On sale: 2026
- Price: Not announced yet
COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3EEjari%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3ERiyadh%2C%20Saudi%20Arabia%3Cbr%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3EYazeed%20Al%20Shamsi%2C%20Fahad%20Albedah%2C%20Mohammed%20Alkhelewy%20and%20Khalid%20Almunif%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EPropTech%3Cbr%3E%3Cstrong%3ETotal%20funding%3A%20%3C%2Fstrong%3E%241%20million%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3ESanabil%20500%20Mena%2C%20Hambro%20Perks'%20Oryx%20Fund%20and%20angel%20investors%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%20%3C%2Fstrong%3E8%3C%2Fp%3E%0A
The Rub of Time: Bellow, Nabokov, Hitchens, Travolta, Trump and Other Pieces 1986-2016
Martin Amis,
Jonathan Cape
ONCE UPON A TIME IN GAZA
Starring: Nader Abd Alhay, Majd Eid, Ramzi Maqdisi
Directors: Tarzan and Arab Nasser
Rating: 4.5/5
The biog
Name: Mariam Ketait
Emirate: Dubai
Hobbies: I enjoy travelling, experiencing new things, painting, reading, flying, and the French language
Favourite quote: "Be the change you wish to see" - unknown
Favourite activity: Connecting with different cultures
Fund-raising tips for start-ups
Develop an innovative business concept
Have the ability to differentiate yourself from competitors
Put in place a business continuity plan after Covid-19
Prepare for the worst-case scenario (further lockdowns, long wait for a vaccine, etc.)
Have enough cash to stay afloat for the next 12 to 18 months
Be creative and innovative to reduce expenses
Be prepared to use Covid-19 as an opportunity for your business
* Tips from Jassim Al Marzooqi and Walid Hanna
