Abu Dhabi (Gulf Inside) UAE companies plan to increase their employee salaries by four percent annually in 2022 after the corona epidemic stabilized the labor market, according to research by Willis Towers Watson. The increase comes at a time when salaries are fully paid, The proportion of businesses expected to freeze will fall from 15 per cent to 6 per cent in zero share. 316 UAE companies were included in Willis Tower Watson’s worldwide salary budget and recruitment study.
Some industrialize plan to increase more than others, including the medical sector (4.4), the pharmaceutical and manufacturing sector (4.3). The recruitment of skilled persons continued during the Corona epidemic in the UAE. The best salaries and increase in their employees were encouraged by the businesses.
53% of UAE companies rated their coordinators as encouraging during Corona, while 3% rated far below expectations. 26% of companies plan new recruits over the next year, compared to 10% considering reductions in their employees.