BS Middle east midterm - Flipbook - Page 6
MIDDLE EAST RISK, GOVERNANCE AND CONTROLS | RECRUITMENT MARKET UPDATE 2024
BARCLAYSIMPSON.COM
6
Salary
Trends
An oversupply of candidates in the market has led
to salary inflation remaining relatively low across
the Middle East in 2024. Nevertheless, successful
candidates can still expect generous remuneration
packages that compare favourably to the UK.
In addition to receiving substantial work-related
benefits at most organisations, such as extensive
medical care and schooling support, employees
also benefit from lower taxes, cheaper fuel and
savings on private education for their children.
While professionals don't receive pension benefits,
foreign nationals are usually entitled to an endof-service gratuity payment at the end of their
employment in most countries. Overall, the region
remains an attractive location for professionals
who wish to further their career and enjoy an
excellent quality of life.
