Majority of UAE salaries set to increase this year, study reveals

The figures have been released by management consultancy Korn Ferry

Majority of UAE salaries set to increase this year, study reveals

The majority of companies in the UAE are set to raise salaries in 2019, according to new research.

Management consultancy Korn Ferry conducted the study of 600 firms with more than 400,000 employees in the country's major industries.

The biggest boosts are expected in sectors including transportation, food and events.

Harish Bhatia, regional director at Korn Ferry, said: “Sixty five percent of the organisations are forecasting an increase in salaries this year.

“The actual increases may be dependent on how the global, regional and local economies perform in the coming months.

“As of now, the salary increase forecast ranges between 2.5 and 4.5 percent.”

Analysts also expect to see increased hiring for roles including sales, marketing, social media, accounts and information technology.

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