UAE employees are unlikely to face any major salary changes in 2021, although a recent survey has revealed that new hires can expect a two per cent reduction than their previous counterparts.
In a report published by Cooper Fitch, which specialises in recruitment, executive search and human resources advisory services, 200 UAE-based companies were analysed and found that 65 per cent of firms made no change to mid-level and senior salaries in 2020. The report also indicated that 14 per cent of firms said they had reduced mid-level wages, compared to 12 per cent for executive hires.