In the year 2014 it is expected that the rents of employees in decrease as their salaries would increase by 5 percent. While comparing with country’s inflation a total of 2.5 percent of increase has been seen. This will help in maintain budget of company as the workers of the organization will have to maintain their abilities and talent, said Billy Turriff business leader of data and technology at Towers Watson.
Experts have said that previously United Arab Emirates with other gulf countries faced a great problem of inflation. However, in this year they have to maintain the entire lost thing and also have to bring the economy to a better level.
In the last two years housing payment was increase by 9 percent for executives, for professionals it was increased by 2 percent and for employees it was increased by 5 percent. However, it is predicted that in this year it will be decreased and salaries will increase.
We can see the increase in average salaries, inflation in projects and the real pay of employees.
- In U.A.E average pay will increase by 5%. If 2.5% project inflation is included then the real pay will increase by 2.5%.
- In Bahrain average pay will increase by 5%. If 3.1% project inflation is included then the real pay will increase by 1.9%.
- In Oman average pay will increase by 5.3%. If 2.8% project inflation is included then the real pay will increase by 2.5%.
- In Qatar average pay will increase by 5.3%. If 4.2% project inflation is included then the real pay will increase by 1.1%.
- In Saudi Arabia average pay will increase by 5.5%. If 3.3% project inflation is included then the real pay will increase by 2.2%.
- In Kuwait average pay will increase by 6%. If 3.2% project inflation is included then the real pay will increase by 2.8%.
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