Nearly half of workers in the Middle East failed to receive a pay rise last year, according to a new survey.
And just four percent of survey respondents across the region claimed to have “high” levels of satisfaction with their current salary, according to the 2016 Bayt.com Middle East and North Africa (MENA) salary survey.
A total of 42 percent of 8,158 workers surveyed said they did not receive a pay increase in 2015, and more than half (54 percent) of those who did said they were “unhappy” with that raise.
In the UAE, 64 percent of 2,140 respondents said their salary last year was lower than the industry average – although half said they anticipated a pay rise in 2016.
Around one in five (21 percent) of UAE-based respondents said they received a promotion last year, with two-thirds (62 percent) saying they received an accompanying salary increase, the survey found.
However, 46 percent said they received no pay rise at all in 2015, and 30 percent of those who did said they were “quite dissatisfied” with the raise.
Just nine percent of UAE respondents said their raise was above the inflation rate; 17 percent said it was in line with the inflation rate and 52 percent said the raise they received was below the current rate of inflation. A total of 36 percent said they were “very happy” or “modestly happy” with their raise.
They survey found that, looking ahead, respondents were more optimistic. More than half (55 percent) of UAE respondents said they expected a salary increase in 2016, 33 percent of whom said they expected a raise of up to 15 percent – but just over a quarter (28 percent) said they expected no raise at all in 2016.
UAE residents also reported an increase in the cost of living over 2015 and said they were finding it harder to save money as a result. Some 80 percent said their rent had increased, 57 percent said food costs had risen, and 55 percent said utilities bills had risen.
More than one-quarter (29 percent) of UAE respondents said they saved nothing from their monthly salary – although 60 percent said they managed to repatriate a portion of their salary to their home country.
Across the whole MENA region, a higher proportion of respondents than in the UAE (31 percent) said they did not expect to be given a raise in 2016, while only a very small proportion (four percent) claimed to have ‘high’ levels of satisfaction with their current salary level.
The survey was conducted online from April 1-15 2016. Results were based on a sample of 8,158 respondents from the UAE, Saudi Arabia, Kuwait, Oman, Qatar, Bahrain, Lebanon, Syria, Jordan, Egypt, Morocco, Algeria, and Tunisia.
Source: Arabian Business