Salaries in the Kingdom, Qatar and the UAE are expected to increase by five percent to six percent next year, says a new survey. Multinationals in the UAE pay 13 percent higher than local companies when it comes to base salaries, according to Mercer's 2012 Total Remuneration Survey (TRS). It also said that 70 percent of GCC companies surveyed looking to increase head count in the coming year. The future looks bright for the GCC workforce, as companies across the region predict salary increases for employees in the coming year, according to Mercer's survey. In addition, the survey conducted in the six GCC markets highlighted that more than 70 percent of surveyed organizations are anticipating growth within various departments as they look to accelerate recruitment in 2013. In total, close to 500 firms across various industries were surveyed, with results forecasting a rise in salaries by 5 percent in the UAE, 5.6 percent in Qatar and 6 percent in Saudi Arabia during...
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