Sunday, 18 September 2011

Qatar has Highest Paid Employees: Survey

Qatar has reported a higher average personal income and the highest number of people satisfied with their current salary within the GCC countries, according to a Middle East salary survey conducted by
The results of the survey, conducted in January this year covering 13 countries, were discussed yesterday at an employer round table event organised by the leading job site.

The survey participants were from Algeria (516), Bahrain (97), Egypt (1229), Jordan (570), Kuwait (332), Lebanon (289), Morocco (420), Oman (119), Qatar (289), Saudi Arabia (1677), Syria (247), Tunisia (143), and UAE (1646).

Qatar had the highest percentage (10) of people who earned a personal monthly income of $8,001 or more, $5001-8000 (15%), and $3001-5000 (17%).

Qatar, along with Bahrain, had the lowest percentage (8) of those who earned under $500 per month. Qatar reports a higher number (53%) of senior level employees, and UAE, Qatar, and Oman a higher employee turnover.

If 43% respondents from Qatar held two jobs over the past five years, it was 40% in UAE and 35% in Oman. Markets with higher expat labour (UAE, Qatar, Bahrain) shows greater acceptance of fixed pay structure.

As many as 60% of the respondents from Qatar expressed a medium level of satisfaction with their current salary, taking the country to the top slot in this segment.

Relatively higher proportion of dissatisfied employees are in Algeria, Morocco and Lebanon.

Qatar has respondents who save a relatively good sum of their salary, with 7% saving 51 to 75%, 16% saving 21 to 50%, and 13% saving 16 to 20%.

More than half of the total respondents are of the opinion that their current pay is lower than other companies in their industry.

Only Tunisia and Oman have one third of the sample stating that their pay is competitive with the market. In Qatar, 27% felt their pay is competitive with the market, 56% said their pay is lower than other companies in the industry, and 5% said it is higher than other companies in the industry.

(Source: Gulf Times)

No comments:

Post a Comment