According to latest research, workers in UAE are expect to have their wages to increase by an average of 4.6% next year. Compensation and reward experts said that there is an increased focus on rewarding workers that have contributed to an organization’s success.
It has been found out that compensation remains the top-most factor that propels employee performance. The report by Willis Towers Watson suggests that pay growth should be greater for certain skilled jobs with a smaller talent pool, such as digital professionals.
Industry sources said that salaries for this year would most likely remain unchanged because of the significant decline in oil prices that have caused companies to cut costs. Employees expect more to keep their jobs rather than receive higher pay.
The report was based on a survey conducted in February and March 2016, based on 6,500 sets of responses from companies across 100 countries worldwide.