Tech talent earn significantly higher salaries in Dubai than most leading global tech hubs, reveals Mercer

Tech talent earn significantly higher salaries in Dubai than most leading global tech hubs, reveals Mercer

Dubai, United Arab Emirates: According to global consulting firm Mercer, software engineers in Dubai with a minimum of three years in experience earn the third highest salaries in the world, when compared to other global technology hubs such as London, Amsterdam and Berlin earning almost 30 per cent more.

This difference in compensation indicates the high demand for tech talent, while reaffirming the emirate’s ambition to attract the top digital talent, and become a global tech talent magnet that supports the growth of the digital economy as a key strategic priority for the UAE.

Additionally, and according to Mercer’s Cost of Living 2022 survey, while Dubai is the most expensive city in the GCC to live and work in for expatriates this year, ranking 31st in the world, it also shows that the cost of living in Dubai remains considerably lower than most tech-hubs, including London (7th), Singapore (8th), New York (11th), San Francisco (19th), and Amsterdam (25th).

The reasons for Dubai being a relatively more affordable city to work in are two-fold, the survey reveals. Given the rise of remote and flexible work globally, almost 60 per cent of UAE employers offer flexible working which reduces employees’ transportation costs significantly. For employees