A healthy 8% pay hike for UAE employees this year

Breaking from the previous predictions of a 4 or 5 per cent, a new report suggests better pay hikes for employees in the UAE.

The latest report from Morgan McKinley suggests professional job opportunities will rise by 8 -10 per cent across the Mena (Middle East and North Africa) region in 2014, with salaries expected to grow by a healthy 6 per cent to 8 per cent.

The decent pay hikes come after a relatively subdued 2012 where reverberations from the Eurozone crisis impacted on recruitment, economic confidence returned to the UAE in 2013.

As per the recruitment firm this restored positivity will continue to gain momentum throughout 2014, as the region focuses on the infrastructure, tourism and construction sectors, with Expo 2020 predicted to be a major factor in jobs growth.