Charterhouse UAE 2021 Salary Guide
This Charterhouse UAE 2021 Salary Guide is a collative narrative of our market insight. As always, Charterhouse is committed to providing an honest and transparent opinion, whilst also working to support salary levels through our representation of candidates across our sectors of expertise.
Moving forward into 2021, as our market analysis highlights, there are signs for renewed optimism across certain key sectors of the UAE and regional economy. From the clients, with whom we interact daily, their sentiment is of steady recovery, and gradual growth which will continue to be selective throughout 2021 as we look forward to welcome EXPO2020 which will now take place from October 2021.
Charterhouse continues to remain at the forefront of the regional recruitment market, matching the supply and demand conditions to ensure candidate and client expectations are met. There is no doubt that these determining factors vary on a regular basis, in a market where talent pools are transient and demand conditions can demonstrate seasonal and sector fluctuations.
In overall terms, a trend across this 2021 guide, appears that several industries compensation packages have slightly decreased or remain flat as organisations continue to recover from the covid-19 economic impact. There is no doubt, that the UAE increasingly, is about people’s desire to view their residency in the longer and fixed term. For some, this means that overall financial reward, isn’t always the overriding deciding factor behind being here. Whilst the tax-free environment remains highly appealing, the “new age” of packages and benefits appears to be well entrenched now in to the mind-set of the workforce.
As we see the year unfold, we are confident that 2021 will deliver a strong demand and improved salary packages across certain sectors.
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Salary Guides – 2021