Salaries are expected to rise in the UAE this year. Getty Images
Salaries are expected to rise in the UAE this year. Getty Images
Salaries are expected to rise in the UAE this year. Getty Images
Salaries are expected to rise in the UAE this year. Getty Images

UAE salary guide 2024: How much should you be earning?


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Scroll down for detailed guides on salary brackets for each sector

There is positive news for employees and jobseekers in the UAE in 2024, with salaries expected to rise by an average of 4 per cent to 7 per cent amid a strong jobs market and demand for talent that will combine to drive up wages, according to recruitment specialists.

The UAE’s recruitment market has undergone several positive shifts over the past 12 months, reflecting the Emirate's continuing commitment to economic diversification and technological innovation, Cooper Fitch says in its UAE Salary Guide 2024 report.

“A larger proportion of UAE-based organisations grew their headcount in 2023 than in 2022, and more than half of this year’s respondents intend to increase remuneration in 2024,” says Trefor Murphy, founder and chief executive of Cooper Fitch.

“This is positive news for jobseekers in the Emirates, as greater demand for talent typically results in higher salaries.”

The UAE jobs market has made a strong recovery from the coronavirus-induced slowdown, driven by the government’s fiscal measures over the past few years.

The UAE, the Arab world’s second-largest economy, has undertaken several economic, legal and social reforms to strengthen its business environment, increase foreign direct investment, attract skilled workers with new visas and provide incentives to companies to set up or expand their operations.

It has also introduced an unemployment insurance programme, which came into effect last January.

The Emirates has shifted to an employers’ market, as more people move to the UAE because of economic headwinds in other countries, recruitment consultancy Robert Half says in its 2024 Salary Guide report.

However, the influx of talent and greater competition for roles means candidates are willing to accept lower salaries to kick-start their careers in the UAE, which brings down the overall market rate and restricts wage growth, Robert Half says.

Earlier this month, a report by global HR platform Deel found that the UAE is the world's most popular country for international talent seeking employment visas.

“The UAE’s commitment to talent, innovation and a dynamic business environment is clearly resonating with international professionals and solidifying its position as a top hiring destination,” said Tarek Salam, head of expansion at Deel, which gathered data from 300,000 work contracts across 160 countries for the report.

“The UAE's diverse and multicultural workforce is its greatest asset. By attracting and retaining international talent, the country is positioning itself for continued economic growth and success in the global marketplace.”

About three quarters, or 73 per cent of candidates, plan to remain in the UAE for at least five years, citing career opportunities, safety and living conditions as their main priorities, according to the Michael Page 2024 Salary Guide.

Salary remains the largest driver for a job move in the UAE, showing that compensation is still vital when attracting top talent, the report says.

“The UAE’s attractiveness as a place to live and work continued to play an essential role in attracting and retaining high-quality candidates from abroad,” Jon Ede, regional director for the UAE at the PageGroup, says in the report.

As the demand for talent in the UAE continues to accelerate, we look at the salary and employment outlook for 2024. Take a look at our guides below for a detailed look at salaries in your industry.

Will salaries increase in 2024?

Salaries are expected to increase by an average of 4 per cent to 7 per cent in 2024, recruitment specialists say.

However, they point out that a salary rise is not guaranteed for all employees in the UAE, as it also depends on their sector, as well as their performance and employers’ budget.

Employees who have contributed to a company’s revenue growth or an increased level of productivity of a business are likely to receive an increase in salary levels, says Shiraz Sethi, regional head of employment at law company Dentons.

“Essentially, this could be applicable to employees who are constantly showing outstanding performance and are exceeding the company’s expectations,” he says.

“Employees who receive outstanding results in their performance reviews may also be in a better position to negotiate a salary increase based on merit.”

Most employees are expecting a rise of about 3 per cent to 6 per cent at the top end, according to David Mackenzie, group managing director of recruitment specialist Mackenzie Jones.

However, the average raise could reach as high as 7 per cent, says Nevin Lewis, chief executive and principal consultant at Black & Grey HR.

“Lately, we’ve noticed salaries climbing, especially in tech, finance, real estate and construction, and renewables,” he says.

“[Recently], we helped a senior marketeer land a leadership role in Dubai with a salary that’s 10 per cent higher than what we saw last year for a similar role.”

During the pandemic, many employees cited a better work-life balance as their main reason for switching jobs, according to the Michael Page salary guide.

However, this has declined compared to previous years, with salary returning as the main driving force for candidates to switch roles, it adds.

“This is an unsurprising shift, given the economic changes we face as the cost of living increases.”

Are companies planning to pay annual bonuses in 2024?

Up to 35 per cent of companies plan to reward their employees with at least a one-month bonus this year, according to a study that Cooper Fitch conducted for its annual salary guide.

About 17 per cent of respondents plan to pay a two-month bonus to employees, while 12 per cent will opt for three months, the study found.

“Employees working for 2 per cent of this year’s respondents – spanning the fields of accounting, chemicals, consumer goods, and hospital and health care – can look forward to bonuses amounting to a generous six months’ basic salary,” Cooper Fitch says.

Meanwhile, of the 29 per cent of companies that do not intend to pay bonuses, the highest proportion operate in sectors such as financial services, consulting and technology, it adds.

“In such a competitive job market, firms that do not offer bonuses or increased salaries may need to identify other non-financial benefits – such as remote working, training and development, or additional annual leave – to attract and retain top talent,” the recruitment specialist says.

What benefits can employees and jobseekers expect in 2024?

There has been a rise in negotiations around additional benefits, which could include family benefits, dental insurance, school allowances, work flexibility, remote working and company incentives, according to Myra Bennett, principal recruitment consultant at Dubai-based consultancy Genie Recruitment.

Recognising and rewarding employees’ contributions improves morale and motivation and could include performance-based bonuses, one-off bonuses, vouchers or even additional time off, Ms Bennett says.

Share options, particularly in start-ups, are an attractive benefit that allows employees an opportunity to share in the success of a company. This not only aligns their interests with the organisation but also serves as a valuable long-term incentive.

“Company incentives and perks such as annual trips and challenge-based rewards can contribute to a positive work culture and create a sense of inclusion among employees,” Ms Bennett says.

“The promotion of employee well-being through wellness programmes is gaining popularity. It can include initiatives such as yoga, meditation and Pilates, mental health resources, and stress management activities.”

Promotions and training opportunities are also crucial for employee growth and development.

Company incentives and perks such as annual trips and challenge-based rewards can contribute to a positive work culture
Myra Bennett,
principal recruitment consultant at Genie Recruitment

Employees often seek a clear path for career advancement and appreciate organisations that invest in their professional progress through promotions and relevant training programmes, according to Ms Bennett.

“While high-level roles’ base pay has not seen an increase, they are being offered more elaborate benefits packages in the hope of attracting and encouraging longevity. For example, we placed a role which offered a C-suite candidate Dh500,000 towards a property,” says Zahra Clark, head of Mena operations at Tiger Recruitment.

“In addition, companies are offering candidates large signing bonuses, equity or tiered commissions based on the organisation’s performance. Base-level staff are commonly offered top medical cover, dentistry and a flight home to see family, but we are seeing fewer schooling packages.”

Jack Khabbaz, managing partner and chief executive for Cooper Fitch’s public sector advisory agrees.

“While salaries continue to play a crucial role in talent retention, factors beyond fixed remuneration – such as annual bonuses and the ability to work remotely – are playing an increasingly important role in the UAE’s job market.”

UAE Salary Guide 2024

Check out our detailed salary guides below for a snapshot of how much you can expect to be paid in your sector in 2024.

Banking, finance and advisory

Salaries will remain relatively flat in the finance sector this year, but there is increased demand for middle management staff and analysts, according to the Robert Half salary guide.

More businesses are also offering profit-sharing opportunities, it adds.

HR, secretarial and office support

There has been a steep rise in compensation and benefits in the HR, secretarial and office support sectors, Robert Half says.

“While the package is important, HR candidates are more interested in company culture and building a long-term career than candidates in other sectors,” it adds.

Legal

Salaries for private practice lawyers remain high, but those fluent in both Arabic and English will be able to command the best remuneration packages, according to Robert Half.

Real estate, property and construction

Over the past two years, there has been significant and sustained demand for development professionals at various levels, spanning from junior to executive positions, according to Michael Page.

Sales and marketing

Sales professionals in the business-to-business sector who have niche expertise across industries are in high demand in the UAE, the Michael Page report says.

In the business-to-consumer sector, there is an increased focus on identifying talent with strong capabilities in developing products and brand strategies, while the need for professionals with existing in-depth consumer and market understanding is critical, it adds.

Supply chain

Competition is high in the shipping and logistics sector, as organisations focus on enhancing customer service, according to Michael Page.

“The majority of organisations across industries are focusing on hiring ERP [enterprise resource planning] super users for junior and mid-level hiring,” it adds.

Technology, telecoms and digital

The sector has seen less movement in salaries over the past 12 months – a trend that is expected to continue into 2024, Robert Half says.

However, it adds that there is significant demand for project managers and senior leaders who can set up offices as more businesses move into the region.

Engineering and manufacturing

Automation, robotics and new technologies are becoming increasingly important in the engineering and manufacturing sector, according to Michael Page.

“Experience with quality management systems and regulatory compliance are also becoming more and more valuable to the value chain … employers are looking for talents with the expertise of quality control methodologies such as Six Sigma and Lean Manufacturing,” the report says.

Health care and life sciences

The UAE's rapid adoption of healthcare technologies means there is a high demand for skilled professionals with experience in telemedicine, electronic health records, and health data analytics, Michael Page says.

Labour dispute

The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.


- Abdullah Ishnaneh, Partner, BSA Law 

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Transmission: Constant Variable (CVT)

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Torque: 250Nm 

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Consoles: PC, PlayStation 4/5, Xbox Series X/S

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FFP EXPLAINED

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Introduced in 2011 by Uefa, European football’s governing body, it demands that clubs live within their means. Chiefly, spend within their income and not make substantial losses.

What the rules dictate?
The second phase of its implementation limits losses to €30 million (Dh136m) over three seasons. Extra expenditure is permitted for investment in sustainable areas (youth academies, stadium development, etc). Money provided by owners is not viewed as income. Revenue from “related parties” to those owners is assessed by Uefa's “financial control body” to be sure it is a fair value, or in line with market prices.

What are the penalties?
There are a number of punishments, including fines, a loss of prize money or having to reduce squad size for European competition – as happened to PSG in 2014. There is even the threat of a competition ban, which could in theory lead to PSG’s suspension from the Uefa Champions League.

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The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

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Ziina users can donate to relief efforts in Beirut

Ziina users will be able to use the app to help relief efforts in Beirut, which has been left reeling after an August blast caused an estimated $15 billion in damage and left thousands homeless. Ziina has partnered with the United Nations High Commissioner for Refugees to raise money for the Lebanese capital, co-founder Faisal Toukan says. “As of October 1, the UNHCR has the first certified badge on Ziina and is automatically part of user's top friends' list during this campaign. Users can now donate any amount to the Beirut relief with two clicks. The money raised will go towards rebuilding houses for the families that were impacted by the explosion.”

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How to wear a kandura

Dos

  • Wear the right fabric for the right season and occasion 
  • Always ask for the dress code if you don’t know
  • Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work 
  • Wear 100 per cent cotton under the kandura as most fabrics are polyester

Don’ts 

  • Wear hamdania for work, always wear a ghutra and agal 
  • Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying
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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

8 traditional Jamaican dishes to try at Kingston 21

  1. Trench Town Rock: Jamaican-style curry goat served in a pastry basket with a carrot and potato garnish
  2. Rock Steady Jerk Chicken: chicken marinated for 24 hours and slow-cooked on the grill
  3. Mento Oxtail: flavoured oxtail stewed for five hours with herbs
  4. Ackee and salt fish: the national dish of Jamaica makes for a hearty breakfast
  5. Jamaican porridge: another breakfast favourite, can be made with peanut, cornmeal, banana and plantain
  6. Jamaican beef patty: a pastry with ground beef filling
  7. Hellshire Pon di Beach: Fresh fish with pickles
  8. Out of Many: traditional sweet potato pudding
BMW M5 specs

Engine: 4.4-litre twin-turbo V-8 petrol enging with additional electric motor

Power: 727hp

Torque: 1,000Nm

Transmission: 8-speed auto

Fuel consumption: 10.6L/100km

On sale: Now

Price: From Dh650,000

How The Debt Panel's advice helped readers in 2019

December 11: 'My husband died, so what happens to the Dh240,000 he owes in the UAE?'

JL, a housewife from India, wrote to us about her husband, who died earlier this month. He left behind an outstanding loan of Dh240,000 and she was hoping to pay it off with an insurance policy he had taken out. She also wanted to recover some of her husband’s end-of-service liabilities to help support her and her son.

“I have no words to thank you for helping me out,” she wrote to The Debt Panel after receiving the panellists' comments. “The advice has given me an idea of the present status of the loan and how to take it up further. I will draft a letter and send it to the email ID on the bank’s website along with the death certificate. I hope and pray to find a way out of this.”

November 26:  ‘I owe Dh100,000 because my employer has not paid me for a year’

SL, a financial services employee from India, left the UAE in June after quitting his job because his employer had not paid him since November 2018. He owes Dh103,800 on four debts and was told by the panellists he may be able to use the insolvency law to solve his issue. 

SL thanked the panellists for their efforts. "Indeed, I have some clarity on the consequence of the case and the next steps to take regarding my situation," he says. "Hopefully, I will be able to provide a positive testimony soon."

October 15: 'I lost my job and left the UAE owing Dh71,000. Can I return?'

MS, an energy sector employee from South Africa, left the UAE in August after losing his Dh12,000 job. He was struggling to meet the repayments while securing a new position in the UAE and feared he would be detained if he returned. He has now secured a new job and will return to the Emirates this month.

“The insolvency law is indeed a relief to hear,” he says. "I will not apply for insolvency at this stage. I have been able to pay something towards my loan and credit card. As it stands, I only have a one-month deficit, which I will be able to recover by the end of December." 

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ABU DHABI T10: DAY TWO

Bangla Tigers v Deccan Gladiators (3.30pm)

Delhi Bulls v Karnataka Tuskers (5.45pm)

Northern Warriors v Qalandars (8.00pm)

What can you do?

Document everything immediately; including dates, times, locations and witnesses

Seek professional advice from a legal expert

You can report an incident to HR or an immediate supervisor

You can use the Ministry of Human Resources and Emiratisation’s dedicated hotline

In criminal cases, you can contact the police for additional support

Updated: February 12, 2024, 7:16 AM