Over half of UAE professionals expect a salary rise in 2023

  • Date: 09-Jan-2023
  • Source: Zawya
  • Sector:Real Estate
  • Country:UAE
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Over half of UAE professionals expect a salary rise in 2023

Some 53% of survey respondents in the UAE expect to receive a salary raise in 2023, while 7 in 10 (70%) believe salaries are either increasing or staying the same.

According to the Middle East and North Africa Salary Survey 2023 by Bayt.com, a top Middle East job site, and market research agency YouGov, 57% of UAE respondents claim that their current salary package consists of basic salary and benefits, while 26% claim that it consists of basic salary only. 18% say it consists of basic salary, benefits, and commission. Additionally, 30% of respondents say that their company pays for overtime.

When it came to the preferred pay structure, two-thirds of respondents (66%) prefer a 100% fixed pay structure, while 25% of respondents said they prefer a partially fixed pay structure with a variable pay for commissions and incentives.

Various benefits

Among the various benefits employees receive, personal medical insurance (46%), personal annual air ticket (33%) and gratuity (27%) are found to be the top benefits in the UAE.

Ola Haddad, Director of Human Resources at Bayt.com says: “Our annual Salary Survey outlines the evolution of current income structure and levels, salary satisfaction and perception towards cost of living, providing an insight to the job