Salary hike in UAE: How to join 50% employees expected to get increment in 2024

  • Date: 02-Jan-2024
  • Source: Zawya
  • Sector:Education
  • Country:UAE
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Salary hike in UAE: How to join 50% employees expected to get increment in 2024

Employees who have made an impact, helped in revenue growth or increased the productivity of a business are likely to receive an increase in salary levels, according to recruitment and HR experts.

"It is worth noting that it is not just salary that can be negotiated. Other areas could be additional benefits, flexible working, bonuses, schooling, job titles, work incentives, allowances or even share options. It really depends on the company, but not all businesses will be cash-rich," said Nicki Wilson, managing director, Genie Recruitment, said.

Deepa Sud, CEO at Plum Jobs, said employees who consistently demonstrate outstanding performance, achieve beyond the organisation's expectations and receive excellent performance reviews are in a stronger position to negotiate a salary increment based on merit.

This comes as recruitment agency Cooper Fitch's "Salary Guide UAE 2024" revealed that the majority – 53 per cent – of firms expect to increase their employees' salaries. More than one-third – 39 per cent plan to raise wages by up to 5 per cent, almost one in ten by 6-9 per cent; and one in 20 (5 per cent) is preparing for an increase by 10 per cent or more.

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Waleed Anwar, managing director of Upfront HR, suggested that