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SALARY GUIDE UAE

2017
Contents
CEO’S LETTER ........................................................................................................................................................................................... 3
AN OUTLOOK FROM OUR REGION’S LEADERS ......................................................................................................................... 4
ACCOUNTING & FINANCE ................................................................................................................................................................... 6
Audit & Risk – Accounting Firms ................................................................................................................................................. 8
Strategy ................................................................................................................................................................................................... 9
Tax .......................................................................................................................................................................................................... 10
BANKING & FINANCIAL SERVICES .............................................................................................................................................. 12
International Banks ........................................................................................................................................................................ 13
Local Banks ........................................................................................................................................................................................ 15
Compliance ......................................................................................................................................................................................... 17
Nationalisation ................................................................................................................................................................................. 18
DIGITAL .................................................................................................................................................................................................... 19
HUMAN RESOURCES .......................................................................................................................................................................... 21
LEGAL ........................................................................................................................................................................................................ 23
MANUFACTURING ............................................................................................................................................................................... 25
PROPERTY & CONSTRUCTION ....................................................................................................................................................... 27
SALES AND MARKETING .................................................................................................................................................................. 30
SUPPLY CHAIN ...................................................................................................................................................................................... 32
TECHNOLOGY ........................................................................................................................................................................................ 34
TECHNICAL SALES............................................................................................................................................................................... 36

Gross salaries (AED per month)


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CEO’S LETTER
Welcome to Cooper Fitch’s 2017 Salary Guide for the United Arab
Emirates
Welcome to Cooper Fitch’s Salary Guide for 2017 between US$55-US$65 per barrel. We expect to
which covers professional (mid to senior level) see increases in salary levels and new jobs being
jobs across the United Arab Emirates (UAE). made available following a better than expected
Cooper Fitch is a specialist recruitment firm finish to 2016 and a similar start to 2017.
based in the UAE offering recruitment, HR
advisory services and executive search, servicing We are seeing new hires for the year ahead, with
clients throughout the Middle East since 1997. jobs in consultancy, advisory, legal, strategy and
tax, along with big infrastructure projects,
We are delighted to present our findings and playing a major part in the recruitment drive for
share valuable insights into the region’s 2017. Other areas, such as supply chain and
employment and salary trends found in key manufacturing have also shown signs of
sectors. This guide summarises our salary recovery, but to a lesser extent, as have the
expectations and recruitment forecasts for the energy and oil and gas sectors, with reasonable
coming year and we base all of our salary job creation and head count approval predicted
predictions on information provided by for 2017. The imminent introduction of VAT in
organisations located in the UAE, as well as the UAE, and across the GCC, is believed to be the
market observations from our own experts. biggest contributor for job creation in the year
ahead.
2016 was a flat year economically
(approximately 1-2% GDP growth) and this was Overall, we predict that salaries will rise by
reflected in recruitment activity, with slower job between 4-6%, dependent on the GDP and
creation and consolidation in some sectors commodity prices outlined above. However, by
leading to job losses. We have seen salaries reading the commentary in this guide, you will
reduced or remaining flat in certain industries see that there are significant differences in
and it has been a particularly tough year for the recruitment forecasts according to sector (with
banking and energy sectors. Banking remains some more likely to perform better than others),
uncertain for 2017 with a significant number of directly impacting salary performance. We hope
mergers planned for the next 12 months. Overall, you find the insights presented in this report
the economy was sluggish, due in part to poor interesting and beneficial, and we welcome any
consumer confidence and low commodity prices. feedback.
The number of new jobs coming onto the market
was lower than in 2015, resulting in a softening Cooper Fitch is the new name for Morgan
of salaries for the year as a whole. McKinley in the Middle East. We specialise in jobs
for the following industries - accounting, sales,
The outlook for 2017 is improving and market marketing, banking, digital, tax, legal, audit,
sentiment looks reasonably positive. Cooper strategy, compliance, supply chain, construction,
Fitch estimates GDP growth of between 4- 6% technical sales, manufacturing, engineering,
across the UAE, with oil prices predicted at supply chain and technology.

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AN OUTLOOK FROM OUR REGION’S LEADERS
Cooper Fitch spoke with a number of CEOs driving local and international businesses in the region about
their perspective and projections for the year ahead.

In 2016 the Middle East economy suffered a significant knock-on effect from low oil prices and the question
remains, how soon will a strong recovery take place moving into 2017? Many thought the second half of
2016 to first half of 2017 would see a stronger turn around, however, the direct and indirect consequences
of Brexit, U.S. elections, terrorism and mainly oil prices are still expected to have further impact this year.
After interviewing many CEOs in the UAE across sectors in FMCG, manufacturing, professional services,
family holding groups, life sciences, healthcare and energy amongst others, we found some commonality in
their views regarding business growth, jobs, salaries and the leadership skills gap in the UAE.

75% of the CEOs Cooper Fitch engaged with forecasted their business growth in the range of 1-4% for 2017,
due mainly to uncertainty about the speed of an economic turnaround, global geopolitical problems and oil
prices. See Graph 1

CEOs also had very conservative views on salary increases, with 95% stating either no growth in salaries
or if any, only between 1-3%. However, 85% of their companies have paid or will be paying annual bonuses
for 2016. See Graph 2

Graph 1 - Predicted Growth of Graph 2 - Prediction of Salary &


Business for 2017 Bonus Increase for 2017
0 0 0
5%

25%

45%
50%
75%

Growth of 1-4% Growth of 5-9% No growth 1-3% growth

Growth of 10-15% Growth of 16% 3-5% growth 5% +

Gross salaries (AED per month)


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The testing economic conditions, budget tightening, organisational restructuring and redundancies have
also highlighted various skills gaps within senior leadership teams amongst UAE organisations. These gaps
are being addressed predominantly via executive coaching, development programmes, internal mobility
and succession planning (more so amongst multinational organisations). 60% of CEOs cited executive
coaching and 35% succession planning and internal mobility, versus only 5% viewing external recruitment
as the primary strategy for filling the skills gaps amongst their functional leadership teams for 2017. See
Graph 3

Eighty percent of our network are expecting a headcount rise of 1-4% for the year. Some of our CEOs are
projecting a rise of 5%, whilst the remaining have projected a headcount decrease between 1-4% for 2017.
See Graph 4

Graph 3 - Plans for Filling Skill Graph 4 - Predicted Fluctuation of


Gaps 2017 Employees for 2017
0
0
5% 5%
10%
10%

30%
60%

80%

Executive coaching & development Decrease by 1-4% Decrease by 5%


Internal succession planning & mobility Decrease by 10% Increase by 1-4%
Recruitment Increase by 5-9% Increase by 10%

Gross salaries (AED per month)


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ACCOUNTING & FINANCE
A review of the expected salaries for accounting and finance professionals in the UAE for 2017.

HIRING TRENDS

Weak regional dynamics and low oil prices Job hiring in the UAE remained generally weak in
dampened growth in 2016. The UAE economy 2016, with the number of vacancies posted
slowed due to harsh austerity measures and poor online registering a significant decline compared
performance among key trading partners, such to 2015. The expected recovery in oil prices (due
as Saudi Arabia which witnessed sharp cuts in to recent agreements by OPEC and non-OPEC
government spending and an increasing budget countries on the output cuts), combined with
deficit. On the positive side, megaproject growing public and private sector activity
implementation ahead of Expo 2020 and Dubai’s boosted by Dubai’s preparations for Expo 2020,
retention of ‘safe haven’ status have will see real GDP growth rise to 3.1% a year in
strengthened the country’s economic resilience. 2017. This will have a positive effect on hiring
trends for finance positions.

TALENT SUPPLY

Employers have been consolidating their Inflation and cost of living are other concerns,
workforce, focusing on the transformation and and when coupled with stagnant salaries and
streamlining of operations; this trend was clearly difficulties in securing a desirable role and
visible in business support functions, such as package, they have contributed to an increasing
finance. Some sectors e.g. oil and gas services, number of expatriates leaving the UAE. However,
banking, hospitality, trade and construction, have in 2017 businesses across the UAE will continue
seen an ongoing reduction in headcount, their historical interest in hiring finance and
resulting in an oversupply of immediately accounting professionals with formal accounting
available, well qualified talent. As a result, the qualifications (ACCA, CPA, ACA, CA), experienced
competition amongst job seekers has in working for multinational organisations and
dramatically increased in 2016 and this will who can implement financial discipline and
continue in 2017. improved controls.

SALARY & COMPENSATION

Our research shows that the salaries for finance oversupply of locally available, well qualified
and accounting professionals in 2017 are talent. The overall salaries across finance
expected to feel downward pressure, with functions are only expected to increase
stricter hiring criteria and more rigorous marginally above the inflation level in 2017.
interview processes, compounded by an

Gross salaries (AED per month)


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SALARY SURVEY
ACCOUNTING & FINANCE

Role Part-Qualified Newly Qualified 2-5 years’ PQE 5-7 years’ PQE 10+ years’ PQE
Chief Financial
* * * 55,000-65,000 70,000+
Officer
Financial Director * * * 45,000-55,000 55,000+
Financial Planning
* * * 45,000-55,000 55,000+
Analysis Director
Financial Controller * * 33,500-37,500 37,500-45,000 45,000+
Finance Manager 19,000-23,000 23,000-26,000 27,000-34,500 34,500-40,000 40,000+
Financial Planning
* * 25,000-30,000 30,000-45,000 *
Analysis Manager
Head of Internal
Audit & Internal * 19,000-25,000 25,000-31,000 31,000-35,500 35,500+
Audit Manager
Treasury Manager 15,000-18,000 18,000-21,000 21,000-23,500 23,500-27,500 27,500+
Budgeting Manager 13,500-15,000 15,000-16,500 16,500-20,000 20,000-25,000 25,000+
Reporting Manager 12,000-14,000 14,000-16,500 16,500-19,000 19,000-22,000 22,000+
Chief Accountant 16,000-20,000 20,000-26,000 26,000-31,000 31,000-34,500 34,500+
Financial Modeller 15,000-17,000 17,000-20,000 20,000-25,000 25,000-35,000 35,000+
Internal Auditor 12,000-15,000 15,000-20,000 20,000-25,000 25,000-35,000 *
Management
8,000-12,000 12,000-16,000 16,000-20,000 20,000-30,000 *
Accountant
Finance & Business
7,000-10,000 10,000-15,000 15,000-22,000 22,000-30,000 33,500+
Analyst
Financial
7,000-10,000 10,000-15,000 15,000-20,000 20,000-25,000 *
Accountant

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Audit & Risk – Accounting Firms
HIRING TRENDS

In a positive move, the slow start to 2016 was expecting available jobs to increase at a steady
followed by a considerable hiring increase in the pace for the assurance division. Risk advisory is
second half for the region’s audit and risk an area where senior leaders in the Big Four can
practices. As a result, with audit being the stable expect to see significant growth in 2017, with
revenue generator for the Big Four, we are current teams growing by 19%.

TALENT SUPPLY

We find that qualified candidates from mature qualified bilingual (Arabic and English) speakers
markets in Europe are in demand for the audit in risk advisory and forensics are needed,
industry across the Big Four, with exceptional especially in areas such as the public sector,
career progression on offer over the coming government and life sciences.
years. In the current UAE market, we see that

SALARY &COMPENSATION TRENDS

Due to the ever-changing nature of the Big Four anticipate a 5% increase on salaries, with
and an increase in the approval of projects ahead additional benefits being introduced at various
of Expo 2020, the demand for auditors and levels through 2017.
specialist advisors will continue to grow. We

SALARY SURVEY
ACCOUNTING PRACTICES

Service Line Role Audit Risk

Partner (5+ years) 85,000 – 110,000+* 90,000 – 120,000+*


Partner (1 - 5 years) 55,000 – 75,000* 60,000 – 80,000*
Director 35,000-47,000 40,000-50,000
Senior Manager 28,000-35,000 32,000-40,000
Manager 22,000-28,000 24,000-33,000
Assistant Manager 16,000-22,000 17,000-24,000
Senior Associate 11,000-16,000 11,000-18,000
Associate 7,000-10,000 8,000-11,000

*Fixed Gross Monthly package excluding any bonus or profit share. The profit share and equity arrangements vary
depending on the accounting firm.

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Strategy
HIRING TRENDS

In the current market, we are seeing the majority of recruitment at junior levels
of recruitment happening amongst the UAE’s (analyst/associate) with a big need for bilinguals
major family corporations and semi-government (Arabic and English), to accommodate for the
organisations (especially due UAE Expo 2020), large amount of work that consultancies do in
which normally look to hire tier 1 consultants Saudi. Furthermore, there is more Partner level
(MBB) for managerial positions. There is also a recruitment that happens within the Big 4 than
trend towards technology start-ups attracting Management consultancies. However, MC’s do
top MBA graduates away from MBB. In the hire Partners on certain occasions to
consulting world, there is still a healthy life cycle strengthen certain divisions.

TALENT SUPPLY

Most of the talent supply is coming from the likes sourced from within the region as there is a
of McKinsey, Strategy&, Booz Allen Hamilton and higher volume of available talent, which is more
the Big Four (KPMG, Deloitte, EY, and PWC) open to hearing about new
depending on what sort of experience a client is opportunities than in the past.
looking for. The supply of candidates is mainly

SALARY & COMPENSATION TRENDS

Salaries in the consulting world are increasing international candidates as there is enough talent
slightly as the tier 1 consultancies battle to in the local market looking for jobs. Consultants
attract top talent. In industry, however, the from tier 1s moving to industry typically see a
salaries are not what they used to be and this is 20% pay cut, but this is not always the case with
especially true of expatriate packages; as local family groups and
previously stated there is no need to attract semi-government entities.

SALARY SURVEY
STRATEGY INDUSTRY

Analyst Strategy Manager Strategy Director Head of Strategy Chief Strategy Officer

3-4 years’ 5-6 years’


7-9 years’ experience 10-12 years’ experience 12+ years’ experience
experience experience
20,000-25,000 30,000-40,000 45,000-55,000 60,000-65,000 70,000+

SALARY SURVEY
STRATEGY MANAGEMENT CONSULTING

Project Leader &


Analyst Associate & Consultant Principal Starting Partner Senior Partner
Engagement Manager
5-9 years’ 9+ years’
3-5 years’ experience 19+ years’
undergraduate 1-3 years’ post MBA experience post experience post
post MBA experience
MBA MBA
140,000- 160,000-
20,000-28,000 30,000-40,000 45,000-55,000 60,000-70,000
160,000 170,000
100,00-150,000 200,000-300,000 600,000 -1 +3 million
70,000-90,000 bonus
bonus bonus million bonus bonus

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Tax
HIRING TRENDS

Our findings show that the primary driver of tax smaller in terms of scale. This is particularly true
recruitment in the GCC is the much-awaited in such markets as the UAE, where there is no
introduction of VAT. This is mainly related to the demand for corporate tax compliance
Big Four and professional services firms professionals (corporate tax is hardly presented
preparing industry for the upcoming VAT in the UAE tax system), whereas, the market
implementation. Since most of the VAT work is needs candidates who will assist in international
currently focused on preliminary consultations, tax structuring. In turn, transfer pricing has seen
planning and VAT impact assessments, these an increase, mainly due to new BEPS
firms predominantly required top level developments, which resulted in a number of mid
professional candidates. However, with the to senior appointments in Big Fours within the
framework expected to be released soon, Big GCC. Finally, demand for corporate tax and Zakat
Four also started to recruit junior VAT specialists professionals in Saudi Arabia has remained
who will be more involved in the actual strong.
implementation. On the industry side, firms are
still waiting for the framework and the majority The main markets with steady demand for tax
were not in a hurry to build in-house tax teams. professionals in 2016 were the UAE, Saudi Arabia
However, some industry firms have already done and Qatar and others are now picking up,
so, particularly local conglomerates, FMCG, especially due to the VAT implementation. The
energy, FS and aviation organisations. demand for tax professionals is predicted to
grow within the GCC with the introduction of VAT
Demand for international and deals/M&A tax expected to bring thousands of jobs into the
professionals has still been strong, although region.

TALENT SUPPLY

A significant issue we have identified is that and Lebanon, which implemented VAT/GST in
whereas other types of tax professionals can be 2015, 2000 and 2002 respectively. There is also
found within the GCC, the region has a a number of other markets where suitable talent
tremendous shortage when it comes to VAT is coming from, although HR functions have been
professionals. Organisations have to look for facing a number of challenges attracting talent
international talent and candidates with globally. Companies traditionally prefer tax
previous indirect tax implementation experience professionals from the UK, Ireland and other
are most in demand. Typically, these are European countries, given the complexity and
professionals coming from Malaysia, Australia maturity of those jurisdictions.

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SALARY & COMPENSATION TRENDS

Our research has shown that salaries within salaries in industry can vary greatly depending
industry firms tend to be higher than in practice on the scope of the role and company size.
where the top end of the market is represented
by Big Four and some law firms. Although the gap Most of the time, salaries in the UAE are the
can be very high this is to be expected and it is not highest in the GCC, however, cost of living aspects
only the case in the GCC, but globally. Typically, should be taken into consideration. In some
salary ranges are fixed with professional services situations, tax professionals may be better off in
firms such as Big Four and therefore, these firms Saudi Arabia, with greater savings and career
do not pay a premium to on demand tax progression prospects given the market size and
professionals. However, some practice firms opportunities. Salaries for tax professionals
provide additional allowances for Arabic within practice are predicted to stay the same
speakers and the others may provide schooling with the possibility of a slight increase, whereas,
benefits. Within the Big Four, tax professionals industry is more likely to increase salaries in
can be paid more than those in audit, however, order to attract and maintain suitable talent.
advisory seems to be at the higher end. In turn,

SALARY SURVEY
TAX PRACTICE

Associate Senior Manager Senior Manager Director Partner


0-3 years’ 3-5 years’ 5-8 years’ 7+ years’ 10+ years’ 12+ years’
experience experience experience experience experience experience
10,000 - 16,000 15,000 - 22,000 22,000 - 32,000 31,000 - 43,000 40,000 - 60,000 55,000+*

*Partner packages vary significantly given the difference between Big 4, Big 10 and legal firms therefore
only minimum number identified by the survey is indicated in the table. For more information on Partner
packages, please get in touch with Cooper Fitch Tax team.

SALARY SURVEY
TAX INDUSTRY

Associate Senior Manager Senior Manager Director


0-3 years’ 3-5 years’ 12+ years’
6+ years’ experience 8+ years’ experience
experience experience experience
13,000-20,000 22,000-28,000 25,000-38,000 40,000-60,000 60,000+

**For more senior level roles, compensation depends on the scope of work rather than years of experience (e.g.
coverage of a broader tax complexity or a region).

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BANKING & FINANCIAL SERVICES
HIRING TRENDS

The banking and financial services market in the planned in the financial services sector. There
UAE and broader GCC will be happy to move on have been hiring freezes and reductions in
from 2016, but what can we expect to see next? headcount, particularly with local banks,
When we looked at our own banking clients and however, the international banks have also been
the wider market at the beginning of 2016, we significantly affected. Unfortunately, 2017 looks
expected a very similar year in terms of to be another difficult year for the banking sector
performance and hiring to 2015, but with lower in the UAE, with recruitment levels projected to
consumer confidence (fuelled by continued be at their lowest in the past five years. We expect
geopolitical risk and poorer trading conditions), a significant amount of potential mergers to take
along with the continued slump in oil prices. place over the next twelve months, which could
These factors, coupled with rumours of major reduce the number of jobs in the market by as
activity have severely hampered any growth much of 5,000 over the next two years.

TALENT SUPPLY

There has been a reduction in hiring across all of lessened the need for imported talent. There are
the banking markets and this looks set to remain still some highlights, but these will require
in place until at least the middle of the year, investment and it remains to be seen whether
equating to lower salaries, with fewer increases banks have the appetite to spend in these areas.
and many banks not paying out bonuses for 2016. Jobs in cyber, compliance and digital are all
There is still interest in international candidates required in order for the UAE to maintain its
coming to the UAE, but the large pool of available reputation as the centre of banking in the region.
banking professionals already in the market has

SALARY & COMPENSATION TRENDS

Data suggests that the 2017 outlook for the potentially result in a greater supply of jobs
banking and financial services jobs market seekers than actual jobs. With this in mind, we
remains very uncertain. If the larger planned are predicting a reduction in salaries of between
mergers take place then we are likely to see some 5-7%, however the reduction may be less and we
consolidation in staff numbers, which will will have to see how events unfold.

Gross salaries (AED per month)


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International Banks
SALARY SURVEY
ASSET MANAGEMENT

0-3 years’ 3-5 years’ 5-8 years’ 8+ years’


Role
experience experience experience experience
Fund Manager 29,000-34,500 34,500-42,000 42,000-49,000 49,000-58,000
Asset & Portfolio Manager 30,000-34,500 34,500-39,000 39,000-43,000 43,000-54,000
Sales & Relationship Manager 20,000-24,500 24,500-29,000 29,000-37,500 37,500-45,500
Research Analyst 13.600-16.500 16,500-22,000 22,000-35,500 *
Fund & Portfolio Managers
13,600-16,500 16,500-22,000 * *
Assistant
Trade Support 11,000-14,500 14,500-20,000 20,000-25,400 *

SALARY SURVEY
CORPORATE RETAIL SALARIES

0-3 years’ 3-5 years’ 5-8 years’ 8+ years’


Role
experience experience experience experience
Head of Wholesale Banking 75,500-85,500 85,500-109,000 109,000-118,000 118,000+
Head of Retail Banking 64,000-73,000 73,000-82,000 82,000-100,000 100,000+
Head of Corporate Banking 54,500-64,000 64,000-73,000 73,000-86,000 86,000+
Head of Restructuring and
59,000-68,000 68,000-77,500 77,500-82,000 82,000+
Remedial
Head of GTB 54,500-64,000 64,000-73,000 73,000-82,000 82,000+
Head of Direct Sales 50,000-54,500 54,500-64,000 64,000-73,000 73,000+
Head of Alternate Channels 47,500-54,500 54,500-64,000 64,000-73,000 73,000+
Head of Performance
45,500-54,500 54,500-64,000 64,000-73,000 73,000+
Management
Head of Branches 41,000-50,000 50,000-59,000 59,000-68,000 68,000+
Head of Assets/ Liabilities 39,000-50,000 50,000-59,000 59,000-68,000 68,000+
Head of Collections &
44,500-50,000 50,000-54,500 54,500-64,000 64,000+
Recovery
Product Management 39,000-44,000 44,000-54,500 54,500-59,000 59,000+
Relationship Director 34,500-40,000 40,000-50,000 50,000-54,500 54,500+
Relationship Manager 16,500-22,000 22,000-25,500 25,500-35,500 35,500+

SALARY SURVEY
FINANCE & OPERATIONS

3-5 years’ 5-8 years’ 8+ years’


Role 0-3 years’ experience
experience experience experience
Chief Finance Officer (CFO) * 64,000-82,000 82,000-115,500 115,500+
Chief Operating Officer (COO) * 82,000-100,000 100,000-114,000 114,000+
Finance Director 45,500-54,500 54,500-73,000 73,000-86,500 86,000+
Head of Fund Admin & Head of
50,000-59,000 59,000-68,000 68,000-77,000 77,000+
Accounting
Head of Internal Audit 44,000-54,500 54,500-65,500 65,500-76,500 76,500+
Head of Product Control 36,500-53,000 54,500-67,500 65,700-73,000 73,000+
Head of Custody 44,000-53,000 53,000-62,000 62,000-73,000 73,000+
Head of MIS (Management Information
41,000-50,000 50,000-59,000 59,000-68,000 68,000+
Systems) & Reporting
Financial Controller 23,000-25,500 25,500-32,000 32,000-41,000 41,000+
Product Controller 18,000-23,000 23,000-27,000 27,000-32,000 32,000-41,000
Fund Accountant Qualified 18,000-23,000 23,000-27,000 27,000-32,000 32,000-41,000
Internal Audit Manager 18,000-24,000 23,000-31,000 29,000-40,000 38,000+

Gross salaries (AED per month)


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3-5 years’ 5-8 years’ 8+ years’
Role 0-3 years’ experience
experience experience experience
Treasury Manager 18,000-21,000 21,000-27,500 27,000-32,000 32,000+
Financial Modeller 14,000-20,000 20,000-25,500 25,500-32,000 32,000+
Business Analyst & Business Manager 14,000-18,000 18,000-23,000 23,000-32,000 32,000+
Finance Manager 16,500-20,000 20,000-23,000 23,000-27,000 27,000+
Budgeting Manager 14,000-16,500 16,500-20,000 20,000-27,000 27,000+
Chief Accountant 11,000-14,000 14,000-18,000 18,000-27,000 27,000+
Financial Planning & Analysis Manager 14,500-18,000 18,000-21,500 21,500-32,000 24,500+
Reporting Manager 14,500-18,000 18,000-21,500 21,500-24,500 24,500+
Management Accountant 9,000-13,000 13,000-20,000 20,000-24,000 24,000-32,000
Financial Accountant 9,000-14,000 14,000-18,000 18,000-23,000 23,000-32,000
Regulatory Reporting 9,000-14,000 14,000-18,000 18,000-23,000 23,000-32,000

SALARY SURVEY
PRIVATE BANKING

3-5 years’
Role 0-3 years’ experience 5-8 years’ experience 8+ years’ experience
experience
Group Head 82,000-100,000 100,000-105,000 105,000-123,000 123,000+
Chief Investment Officer 53,000-59,000 59,000-68,000 68,000-100,000 100,000+
Assistant Vice President 31,000-36,000 * * 100,000+
Managing Director 68,000-71,000 71,000-74,500 74,500-82,000 82,000-100,000
Investment Advisor -
45,500-47,000 47,000-58,000 58,000-68,000 *
Director
Director 53,000-54,500 54,500-59,000 59,000-64,000 64,000-67,000
Vice President 37,000-41,000 41,000-44,500 * *
Investment Advisor - VP 34,500-38,000 38,000-44,500 * *

Gross salaries (AED per month)


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Local Banks
SALARY SURVEY
ASSET MANAGEMENT

8+ years’
Role 0-3 years’ experience 3-5 years’ experience 5-8 years’ experience
experience
Fund Manager 33,000-39,000 39,000-46,000 46,000-55,000 55,000-65,000
Asset & Portfolio Manager 33,000-37,000 37,000-42,000 42,000-46,000 46,000-58,000
Sales & Relationship Manager 23,000-28,000 28,000-36,000 36,000-42,000 42,000-45,000
Research Analyst 15,000-18,000 18,000-25,000 26,000-40,000 *
Fund & Portfolio Managers
15,000-18,000 18,000-25,000 * *
Assistant
Trade Support 12,000-16,000 16,000-21,000 21,000-25,000 *

SALARY SURVEY
CORPORATE RETAIL

0-3 years’ 3-5 years’ 5-8 years’ 8+ years’


Role
experience experience experience experience
Head of Wholesale Banking 63,000-75,000 75,000-90,000 90,000-110,000 110,000+
Head of Retail Banking 70,000-80,000 80,000-90,000 90,000-100,000 100,000+
Head of Corporate Banking 60,000-70,000 70,000-80,000 80,000-94,000 94,000+
Head of Restructuring and
65,000-75,000 75,000-85,000 85,000-90,000 90,000+
Remedial
Head of GTB 60,000-70,000 70,000-80,000 80,000-90,000 90,000+
Head of Alternate Channels 50,000-60,000 60,000-70,000 70,000-80,000 80,000+
Head of Performance
45,000-55,000 55,000-70,000 70,000-75,000 75,000+
Management
Head of Branches 45,000-55,000 55,000-65,000 65,000-75,000 75,000+
Head of Assets & Liabilities 50,000-55,000 55,000-65,000 65,000-75,000 75,000+
Head of Collections & Recovery 50,000-55,000 55,000-60,000 60,000-70,000 70,000+
Head of Direct Sales 45,000-49,000 49,000-60,000 60,000-70,000 70,000+
Product Management 42,000-50,000 50,000-60,000 60,000-65,000 65,000+
Relationship Director 35,000-40,000 40,000-50,000 50,000-60,000 60,000+
Relationship Manager 13,000-25,000 25,000-30,000 30,000-39,000 39,000+

SALARY SURVEY
FINANCE & OPERATIONS

0-3 years’ 5-8 years’ 8+ years’


Role 3-5 years’ experience
experience experience experience
Chief Finance Officer (CFO) * 70,000-90,000 90,000-127,000 127,000+
Chief Operating Officer (COO) * 90,000-110,000 110,000-125,000 125,000+
Finance Director 50,000-60,000 60,000-80,000 80,000-95,000 95,000+
Head of Fund Admin & Head of
55,000-65,000 65,000-75,000 75,000-85,000 85,000+
Accounting
Head of Internal Audit 48,000-60,000 60,000-72,000 72,000-84,000 84,000+
Head of Product Control 40,000-58,000 58,000-74,000 72,000-80,000 80,000+
Head of Custody 48,000-58,000 58,000-68,000 68,000-80,000 80,000+
Head of MIS (Management
Information Systems) & 45,000-55,000 55,000-65,000 65,000-75,000 75,000+
Reporting
Financial Controller 25,000-28,000 28,000-35,000 35,000-45,000 45,000+
Internal Audit Manager 20,000-26,000 25,000-34,000 32,000-44,000 42,000+
Fund Accountant Qualified 20,000-25,000 25,000-30,000 30,000-35,000 35,000-45,000
Product Controller 20,000-25,000 25,000-30,000 30,000-35,000 35,000-45,000

Gross salaries (AED per month)


15 *typically, does not exist at this level
0-3 years’ 5-8 years’ 8+ years’
Role 3-5 years’ experience
experience experience experience
Financial Modeller 15,000-22,000 22,000-28,000 28,000-35,000 35,000+
Treasury Manager 20,000-23,000 23,000-30,000 30,000-35,000 35,000+
Business Analyst & Business
15,000-20,000 20,000-25,000 25,000-35,000 35,000+
Manager
Financial Planning & Analysis
16,000-20,000 20,000-23,500 23,500-27,000 35,000+
Manager
Budgeting Manager 15,000-18,000 18,000-22,000 22,000-30,000 30,000+
Finance Manager 18,000-22,000 22,000-25,000 25,000-30,000 30,000+
Chief Accountant 12,000-15,000 15,000-20,000 20,000-30,000 30,000+
Reporting Manager 16,000-20,000 20,000-23,500 23,500-27,000 27,000+
Management Accountant 10,000-14,000 14,000-22,000 22,000-26,000 26,000-35,000
Financial Accountant 10,000-15,000 15,000-20,000 20,000-25,000 25,000-35,000
Regulatory Reporting 10,000-15,000 15,000-20,000 20,000-25,000 25,000-35,000

SALARY SURVEY
PRIVATE BANKING

8+ years’
Role 0-3 years’ experience 3-5 years’ experience 5-8 years’ experience
experience
Group Head 90,000-110,000 100,000-120,000 120,000-135,000 135,000+
Chief Investment Officer 58,000-65,000 65,000-75,000 75,000-110,000 110,000+
Managing Director 75,000-78,000 78,000-82,000 82,000-90,000 90,000-110,000
Investment Advisor - Director 48,000-52,000 52,000-64,000 64,000-75,000 *
Director 58,000-60,000 60,000-65,000 65,000-71,000 71,000-74,000
Vice President 40,000-48,000 48,000-55,000 * *
Investment Advisor - VP 38,000-42,000 42,000-49,000 * *
Assistant Vice President 34,000-40,000 * * *

Gross salaries (AED per month)


16 *typically, does not exist at this level
Compliance
HIRING TRENDS

Multinational banks in the UAE who have been slightly down in compliance compared to
the hardest hit by international regulatory 2015/2016 with a decrease of 4% in job
penalties continue to recruit more staff in their opportunities. This is due to the sharp drop in oil
compliance and financial crime departments. prices affecting Gulf recruitment and banks
There has also been an increase in demand for consolidating their positions with some notable
compliance professionals with FX, asset mergers and acquisitions in the Emirates. This
management and private banking experience. environment has led to a surplus of candidates on
Taking the UAE as a whole, hiring trends are the market compared to opportunities.

TALENT SUPPLY

We find that the local market is the first port of compared to previous years, so the need to
call for sourcing regulatory professionals. This attract international talent into the region has
year in particular has seen a greater number of dwindled somewhat.
job seekers in compliance in the local market

SALARY & COMPENSATION TRENDS

For the first time since 2009, compliance salaries reporting officer position (MLROs) in the DIFC,
in the banking and financial services space have which once commanded the highest compliance
dropped in the UAE. On average, compliance salary, has seen the greatest dip on average. New
salaries decreased by 6% compared to organisations setting up in the DIFC have been
2015/2016. The primary reason for the drop lies keen to keep costs to a minimum and
in the surplus of talent in the regulatory market unfortunately compliance has been the worst
as HR departments look to tighten budgets going affected.
into 2017. The licensed money laundering

SALARY SURVEY
COMPLIANCE

3-5 years’ 5-8 years’ 8+ years’


Role 0-3 years’ experience
experience experience experience
Chief Compliance Officer (CCO) 77,000-84,000 82,000-92,000 91,000-98,000 94,000+
Head of Compliance 52,000-57,000 57,000-64,000 64,000-74,000 74,000+
Sanctions and AML Managers 29,000-33,000 31,000-37,000 37,000-42,000 43,000+
Compliance Manager Generalists-
29,000-34,000 32,000-35,000 33,000-37,000 39,000+
Wholesale, Retail, Corporate
Compliance (FATCA Specialists) 26,000-39,000 32,000-36,000 * *
Compliance (UAE Nationals) 17,000-21,000 21,000-26,000 26,000-32,000 36,000+
Compliance Officer (Private
18,000-22,000 22,000-26,000 26,000-34,000 34,000+
Banking, Wealth, Investments)
Compliance Officer (KYC, On
15,000-20,000 20,000-24,000 24,000-33,000 29,000+
boarding, CDD)
Compliance Analysts (Graduate) 11,000-15,000 13,000-17,000 * *

Gross salaries (AED per month)


17 *typically, does not exist at this level
Nationalisation
SALARY SURVEY

NATIONALISATION

Role 0-3 years’ experience 3-5 years’ experience


Manager - Sales & Service 30,000-35,000 35,000-40,000
Branch Manager 20,000-25,000 25,000-35,000
Management Associate 23,000-26,000 26,000-33,000
Relationship Manager- Business Banking 20,000-25,000 25,000-30,000
Assistant Manager - Sales & Service 20,000-25,000 25,000-30,000
Fund Accountant 20,000-24,000 24,000-30,000
Statistics Consultant 21,000-22,000 22,000-30,000
ICM Administrator (IT) 20,000-22,000 22,000-27,000
Corporate Business Analyst 18,000-22,000 22,000-27,000
Corporate Credit Analyst 18,000-22,000 22,000-27,000
Risk Analyst 18,000-22,000 22,000-27,000
Fund Administrator 20,000-23,000 23,000-26,000
Branch Operating Officer 20,000-21,000 21,000-26,000
Management Trainee Program 21,000-25,000 *
Government Relations Officer 15,000-16,000 16,000-25,000
Graduate Program- Finance & Accounting 18,000-20,000 *
Officer- Sales & Services 15,000-18,000 18,000-23,000
Call Centre Consultant 10,000-12,000 12,000-18,000
Teller 10,000-13,000 13,000-16,000

Gross salaries (AED per month)


18 *typically, does not exist at this level
DIGITAL
HIRING TRENDS

Digital is a hot topic in the UAE in terms of digital the region will expand their teams, so overall a
transformation and social media. In 2016, 90% of very positive picture for the digital industry.
all marketing roles required some level of digital Furthermore, over 70% of businesses are
marketing experience, with a further 54% of the increasing their investment in digital marketing,
organisations hiring a digital expert. thereby creating more jobs in the market.
Currently within this industry, hiring managers
For the year ahead, we are forecasting that want to improve their creative capability,
approximately one in every four organisations in meaning a high demand for candidates on the
more creative side of digital.

TALENT SUPPLY

The UAE had developed a good pool of highly other businesses based in the region have a
skilled digital talent, but the demand is strong preference for bilingual talent. The supply
outstripping the supply of candidates. New issue is not helped by the fact the talent
candidates from the UK, Australia and the US are requirements span both marketing agencies and
all required in order to ensure the UAE continues organisations building their own in-house digital
to be seen a digital hub, not just for the region, but teams. In particular, there is a skills shortage
as a true global player. The demand for Arabic across digital social media jobs, digital marketing
speakers is particularly acute as government and managers and CX specialists at all levels.

SALARY & COMPENSATION TRENDS

Our digital marketing team predicts between 10- bonuses and provide interesting projects for
12% growth for the year ahead. With a significant highly creative candidates run the risk of losing
demand for talent outstripping supply, we see their best talent. This, along with some large
extra pressure on employers closing out government funded digital projects such as
candidates in this highly dynamic space. Smart City, could potentially prove very lucrative
Organisations who fail to pay good retention for top-tier talent in the digital market.

Gross salaries (AED per month)


19 *typically, does not exist at this level
SALARY SURVEY
DIGITAL

0-3 years’ 3-5 years’ 5-8 years’ 8+ years’


Role
experience experience experience experience
Chief Digital Director 55,000-65,000 65,000-75,000 75,000 - 85,000 85,000+
Client Servicing Director 40,000-43,000 43,000-45,000 45,000 - 48,000 48,000+
CX (UX, XD, SX) Managing
35,000-38,000 38,000-45,000 45,000 - 48,000 45,000 +
Consultant
Regional Account Director 27,000-30,000 30,000-36,000 36,000 - 42,000 42,000+
Communications Director 27,000-30,000 30,000-35,000 35,000 - 40,000 40,000+
PR Director 23,000-27,000 27,000-34,000 34,000 - 39,000 39,000+
Social Media Director 23,000-27,000 27,000-34,000 34,000 - 39,000 39,000+
Social Media Strategy
23,000-27,000 27,000-34,000 34,000 - 39,000 39,000+
Director
Creative Director 23,000-27,000 27,000-34,000 34,000 - 39,000 39,000+
Art Director 23,000-27,000 27,000-34,000 34,000 - 39,000 39,000+
Digital strategist 18,000-22,000 22,000-28,000 28,000 - 34,000 34,000+
Account Director 23,000-27,000 27,000-30,000 30,000 - 33,000 33,000+
CX (UX, XD, SX) Consultant 20,000-25,000 25,000-31,000 31,000+ *
Digital Transformation
20,000-25,000 25,000-31,000 31,000+ *
Consultant
Head of Planning 23,000-25000 25,000-28,000 28,000 -31,000 31,000+
Social Media Analytics
18,000- 22,000 22,000-25,000 25,000 - 30,000 30,000+
Manager
Social Media communications
18,000- 22,000 22,000-25,000 25,000 - 30,000 30,000+
Manager
Studio Manager 15,000-18,000 18,000-23,000 23,000-28,000 28,000+
Traffic Manager 15,000-18,000 18,000-23,000 23,000-28,000 28,000+
PR Manager 17,000-20,000 20,000-25,000 25,000+ *
Account Manager 16,000- 18,000 18,000-23,000 * *
Digital Account manager 16,000- 18,000 18,000-23,000 * *
Digital Media Account
16,000-18,000 18,000-23,000 * *
Manager
Communications Manager 15,000-18,000 18,000-21,000 21,000+ *
Senior Account Executive 13,000-15,000 15,000-17,000 * *
Graphic Designer 12,000-14,000 14,000-18,000 18,000-21,000 21,000+
Communications Executive 12,000-15,000 15,000-20,000 * *
Copywriter 12,000-15,000 15,000-18,000 18,000-22,000 *
Media Buyer 12,000-14,000 14,000-17,000 17,000 + *
PR Executive 10,000-13,000 13,000-16,000 16,000+ *
Account Planner 10,000-12,000 12,000-15,000 15,000-18,000 18,000+
Media Planner 10,000-12,000 12,000-15,000 15,000-18,000 18,000+
Account Executive 10,000-12,000 12,000-15,000 * *
Digital Media Analyst 10,000-12,000 12,000-15,000 15,000-18,000 *

Gross salaries (AED per month)


20 *typically, does not exist at this level
HUMAN RESOURCES
HIRING TRENDS

There has been a continuing pattern of HR across O&D, L&D, C&B, TA, strategy and HR
professionals in oil and gas, petrochemical and operations.
related sectors being made redundant on a large
scale. Some HR professionals with excellent As growth is anticipated in 2017, the demand for
education, CIPD qualification and expertise in the HR professionals, particularly those with
region are still struggling to find work after many experience of multinational companies currently
sectors implemented hiring freezes. A number of based in the UAE and GCC, is expected to increase
companies decided to restructure internally in the second half of the year. Sector experience
(particularly in FMCG and pharmaceuticals), is less important due to the transferable nature of
which also resulted in some HR professionals HR skills and the previous restructuring has
being relocated to other countries in Europe, or created gaps that businesses need to fill as they
alternatively companies have been combining seek to expand, making HR
responsibilities to reduce headcount, as opposed recruitment a priority once again.
to having too many specialist HR professionals

TALENT SUPPLY

We didn’t find that talent supply was an issue in being sourced internationally to a focus on local
2016 since sweeping redundancy programmes talent in HR, even for senior director and
put large numbers of experienced HR managerial positions. Nationalisation continues
professionals out of work for prolonged periods. to be a priority in the UAE government sector and
However, the current pool of HR talent, multiple sectors in Saudi Arabia, particularly in
particularly those with multinational experience the HR function. As there is a lack of supply
and Arabic language skills, will not be on the amongst these professionals, companies will
market for very long. In 2017 we expect to see continue to use specialist agencies to access UAE
increased demand for HR professionals with an and Saudi nationals with HR experience in their
Arabic background at supervisory and mid- respective countries.
levels. We have seen a shift from professionals

SALARY & COMPENSATION TRENDS

In our experience, HR professionals who hold able to make a noteworthy contribution to their
Chartered Institute of Personnel Development organisations by enhancing HR Systems, building
(CIPD) qualifications or Masters Degrees are able competitive C&B packages and analysing the
to command higher salaries than their peers. market more efficiently. HR salaries are expected
CIPD qualified individuals are perceived as being to increase by approximately 3.5-5.5% in 2017.

Gross salaries (AED per month)


21 *typically, does not exist at this level
SALARY SURVEY
HUMAN RESOURCES

Role 0-3 years’ experience 3-5 years’ experience 6-8 years’ experience 9+ years’ experience
CHRO 55,000-65,000 65,000-80,000 78,000-96,000 98,000-154,000
HR VP 47,000-66,000 65,000-77,000 75,000-83,000 83,000-147,000
HR Director (Group) 40,000-60,000 60,000-75,000 75,000-85,000 85,000-100,000
Human Resources Business
25,000-30,000 27,000-33,000 30,000-38,000 38,000-50,000
Partner
HR Manager 22,000-28,000 28,000-34,000 34,000-42,000 40,000-45,000
HR Advisor 12,000-18,000 18,000-25,000 25,000-30,000 30,000-45,000
HR Operations Manager 18,000-23,500 20,000-26,000 25,000-32,000 32,000-41,000
Compensation & Benefits
20,000-23,500 23,000-36,000 25,000-32,000 30,000-41,000
Manager
Talent & Acquisition
20,000-23,000 22,000-27,000 25,000-35,000 30,000-40,000
Manager
Recruitment Manager 17,000-22,000 20,000-25,000 25,000-30,000 30,000-40,000
HR Generalist 13,000-18,000 18,000-25,000 24,000-28,000 30,000-40,000
Training Manager 17,000-21,000 20,000-25,000 25,000-32,000 31,000-37,000
Employee Relations
18,000-20,000 20,000-25,000 25,000-30,000 30,000-36,500
Manager
Learning & Development
17,000-21,000 21,000-27,000 25,000-32,000 30,000-36,000
Manager
Learning & Development
10,000-18,000 18,000-22,000 21,000-26,000 22,000-27,000
Specialist
Talent & Acquisition
14,000-18,000 16,000-19,000 19,000-22,000 22,000-26,000
Specialist
Recruiter 14,500-16,000 15,000-18,000 18,000-22,000 21,000-25,000
Recruitment Specialist 13,000-16,000 14,000-17,000 16,000-19,000 18,000-21,000

Gross salaries (AED per month)


22 *typically, does not exist at this level
LEGAL
HIRING TRENDS

In 2016, law firms in the UAE expressed caution departments, across all levels of PQE, specifically
with a reluctance to replace existing positions, for common law qualified candidates. Despite
however, Q4 2016 brought a new optimism that banking and finance experiencing slow growth as
has carried forward into 2017. Firms are now an industry last year, many firms are beginning
replacing lost talent from 2016 and are able to to add to these teams; a positive indication of
justify the growth of their existing teams. We increased confidence in local banking and finance
have seen growth demonstrated in the markets.
requirement for top-end dispute resolution
professionals, specifically within litigation, and Legal departments in industry have experienced
not surprisingly in the construction sector given less movement in the past year, however, we
the rate of development in the UAE. This is not expect that to change by Q2/Q3, given that we are
only due to movement between firms, but also beginning to see ripples in the market amongst
expansion in existing teams. Additionally, we senior counsel and director level candidates who
have found significant growth in corporate are now looking at a career move.

TALENT SUPPLY

Despite growth in the UAE legal market over the that continues to be a demand moving forward.
years, the trend of hiring directly from the UK There is a general shortage of corporate
looks set to stay. This is mainly because firms are paralegals with experience at international firms
not able to match the package expectations of and, whilst we acknowledge an increase in UK
existing residents and those transferring directly candidates relocating to the UAE, demand still
from UK offices in the case of international firms. heavily outweighs the supply. On the whole, the
Local firms are also experiencing expansion, with legal market remains a candidate driven
fewer hiring freezes and an increase in sourcing industry, where there is still an increasing
candidates directly from the UK, in order to bring requirement for qualified professionals in the
in international talent and expertise. UAE market; we expect this to continue
throughout the year and past Expo 2020.
On the legal support side, there has always been
a need for outstanding bilingual paralegals and

SALARY & COMPENSATION TRENDS

With the continued increase in demand for relocated expatriates can command a significant
qualified international candidates, salaries in the salary hike if they’re looking to move to another
legal industry are set to increase between 3-4% firm in 2017.
in 2017, with the expectation that recently

Gross salaries (AED per month)


23 *typically, does not exist at this level
SALARY SURVEY
REGIONAL FIRMS

Role Low High Average


Partner 60,000 100,000 80,000
Counsel 45,000 85,000 65,000
Senior Associate 30,000 70,000 45,000
Associate 20,000 50,000 35,000
Newly Qualified 15,000 35,000 25,000
Paralegal 15,000 22,000 19,000
Legal Secretary 12,000 18,000 15,000

SALARY SURVEY
US FIRMS

Role Low High Average


Partner 90,000 150,000 125,000
Counsel 70,000 100,000 85,000
Senior Associate 50,000 80,000 65,000
Associate 35,000 70,000 55,000
Newly Qualified 30,000 40,000 35,000
Paralegal 17,000 30,000 25,000
Legal Secretary 15,000 25,000 20,000

SALARY SURVEY
UK FIRMS

Role Low High Average


Partner 85,000 130,000 110,000
Counsel 60,000 90,000 75,000
Senior Associate 45,000 75,000 60,000
Associate 35,000 65,000 50,000
Newly Qualified 30,000 40,000 35,000
Paralegal 18,000 30,000 25,000
Legal Secretary 16,000 24,000 20,000

SALARY SURVEY
IN-HOUSE

Role Low High Average


Director 50,000 120,000 90,000
General Counsel & Manager 45,000 90,000 65,000
Counsel 30,000 65,000 50,000
Junior Legal Counsel & Advisor 25,000 45,000 35,000
Paralegal 15,000 24,000 22,000
Legal Secretary 12,000 20,000 18,000

Gross salaries (AED per month)


24 *typically, does not exist at this level
MANUFACTURING
HIRING TRENDS

The oil crisis created a solidified notion from That said, the oil and gas sector has been steadily
both the Government and Private Sector that stabilising, encouraging the big players to keep
there needs to be further investment to diversify an eye out for top talent with the ability to lead
the economy so that there is no longer a total change and bring their businesses back on track,
dependence on the oil and gas sector for a healthy although competition remains fierce among oil
GDP. This has led to a noticeable increase in and gas professionals who have been out of work
demand for manufacturing professionals, during the past two years. Sustainability
including factory and plant managers, with a continues to be the focus of most organisations
number of new factories being opened in the and governments, opening up opportunities for
FMCG and the Specialty Chemical sectors. environmental management professionals who
contribute to organisational compliance with
governmental sustainability regulations.

TALENT SUPPLY

We have seen an increased demand for qualified organisations continues to be a challenge across
local professionals within the GCC region in order all sectors. Expatriate professionals with GCC
to keep up with nationalisation requirements. experience and knowledge of the Arabic language
Yet, integrating local talent within multinational remain an attractive prospect for employers.

SALARY & COMPENSATION TRENDS

As the economy stabilizes, we predict an increase pressure to reduce operational costs, which
of 5% in salaries in the manufacturing sector. could have an impact on other components of the
However, organisations are under continual benefits package such as housing.

SALARY SURVEY
MANUFACTURING

0-3 years’ 3-5 years’ 5-8 years’ 8+ years’


Role
experience experience experience experience
Managing Director 66,000-80,000 80,000-97,000 97,000-174,000 *
Operations Director 62,000-76,000 76,000-98,000 82,000-115,000 *
Chief Production Officer 58,000-67,000 65,000-81,000 81,000-99,000 *
General Manager 42,000-49,000 47,000-62,000 58,000-82,000 78,000-123,000
Plant Manager 21,000-24,000 24,000-33,000 30,000-38,000 38,000-57,000
Process Development Manager 18,000-23,000 26,000-28,000 28,000-36,000 36,000-49,000
Head of R&D 15,000-20,000 17,000-23,000 22,000-33,000 33,000-49,000
Process Innovation Manager 17,000-22,000 21,000-27,000 27,000-36,000 35,000-47,000
Lean Six Sigma Manager 16,000-20,000 19,000-25,000 23,000-36,000 36,000-46,000
Mechanical Manager 19,000-25,000 25,000-29,000 28,000-34,000 34,000-46,000
Production & Factory Manager 16,000-19,000 19,000-24,000 24,000-35,000 34,000-46,000
Electrical Engineering Manager 15,000-19,000 19,000-24,000 24,000-28,000 28,000-46,000
Quality Manager Assurance and
17,000-22,0000 19,000-26,000 20,000-30,000 30,000-45,000
Control
HSE Manager 17,000-22,000 19,000-26,000 21,000-31,000 30,000-43,000
Maintenance Manager 18,000-24,000 24,000-28,000 28,000-33,000 33,000-41,000
Process Engineering Manager 17,000-22,000 19,000-25,000 23,000-29,000 29,000-41,000
Manufacturing Engineering
18,000-23,000 19,000-24,000 22,000-30,000 30,000-39,000
Manager

Gross salaries (AED per month)


25 *typically, does not exist at this level
0-3 years’ 3-5 years’ 5-8 years’ 8+ years’
Role
experience experience experience experience
Continuous Improvement Manager 15,000-20,000 19,000-25,000 24,000-31,000 30,000-38,000
Master Black Belt 14,000-19,000 19,000-25,000 24,000-30,000 30,000-38,000
Operations Manager 20,000-23,000 23,000-31,000 21,000-29,000 29,000-36,000
Lean Expert 10,000-16,000 16,000-20,000 20,000-29,000 29,000-36,000
Design Engineer 8,000-14,000 14,000-20,000 19,000-27,000 25,000-31,000
Process Engineer 11,000-14,000 13,000-19,000 17,000-27,000 *
Production Supervisor 8,000-13,000 13,000-22,000 18,000-26,000 26,000-29,000
Lean Six Sigma Black Belt 10,000-15,000 14,000-22,000 22,000-28,000 28,000-25,000
Civil Engineer 7,000-14,000 14,000-19,000 16,000-23,000 19,000-27,000
Quality Engineer Assurance and
9,000-13,000 13,000-19,000 * *
Control
HSE Engineer 9,000-13,000 13,000-19,000 * *
Manufacturing Engineer 10,000-13,000 13,000-18,000 * *
Mechanical Engineer 9,000-13,000 13,000-18,000 * *
Maintenance Engineer 9,000-13,000 13,000-18,000 * *
Electrical Engineer 9,000-13,000 13,000-17,000 * *

Gross salaries (AED per month)


26 *typically, does not exist at this level
PROPERTY & CONSTRUCTION
HIRING TRENDS

2016 was a positive year for hiring within the their career prospects. It's clear that the GCC is an
property and construction sector, albeit at a attractive region for expatriate construction
more moderate pace than the previous year. professionals to work in, with the UAE continuing
Most of our hiring activity took place across key to top their list of preferred locations. Saudi
senior level appointments with master comes in second because of the higher salaries on
developers and PMCs in the GCC looking to offer, while Oman and Qatar also remain key
attract top talent from their main competitors on regions for expatriates. 2017 is a major year for
the development side of their business. the tier 1 construction companies and those with
Contracting, interiors and facilities management well educated and well connected commercial
remained steady with a core focus on building teams will push ahead, ensuring their delivery
commercial teams in particular. Preparation for teams are also in place. Overall, companies with
Expo 2020 will continue to provide this sector a proven track record of delivery within the GCC,
with opportunities and keep it robust throughout coupled with a clear vision in the run up to Expo
2017. Property and construction professionals 2020, will perform well.
are optimistic about 2017 and positive about

TALENT SUPPLY

For 2017, we expect a continuation of trends market. Construction companies predominantly


from 2016, which will see high demand for recruit regionally given the fewer risks
operations, commercial and engineering talent associated with it and there has been a growing
across developers, contracting, interior firms and pattern of recruiting staff from their main
facilities management. The focus for construction competitors who have the right skillset and can
companies will be to strategically locate and add immediate value.
improve access to the talent available in the

SALARY & COMPENSATION TRENDS

It is our opinion that construction companies will remain the same across managerial positions,
fall behind the curve in 2017 if they do not invest while critical positions in each individual firm
in the necessary data to help build competitive can expect an average of 5-7% increase.
pay structures across their operations and Construction companies will continue to be
commercial teams. This information will be vital cautious in relation to salaries in 2017, due to
in the year ahead to ensure plans are internally increasing competition in the market driven by
equitable and externally competitive. Meeting working on very low margins in order to secure
these criteria will enable construction firms to projects. However, companies will need to
attract, retain and motivate the right number of increase budgets if the goal is to attract key
suitable employees. Salaries are expected to individuals from their main competitors.

Gross salaries (AED per month)


27 *typically, does not exist at this level
SALARY SURVEY
DEVELOPERS

0-3 years’ 3-5 years’ 5-8 years’ 8+ years’


Role
experience experience experience experience
Chief Executive Officer 120,000-125,000 125,000-130,000 130,000-136,000 136,000+
Managing Director 110,000-115,000 115,000-120,000 120,000-127,000 127,000+
Chief Operating Officer 100,000-105,000 105,000-110,000 110,000-117,000 117,000+
Chief Development Officer 97,000-100,000 100,000-105,000 105,000-111,000 111,000+
Senior Development
88,000-92,000 92,000-97,000 97,000-101,000 101,000+
Director
Vice President of Sales 80,000-84,000 84,000-88,000 88,000-94,000 94,000+
Development Director 70,000-73,000 73,000-77,000 77,000-81,000 81,000+
Senior Commercial Manager 60,000-64,000 64,000-69,000 69,000-74,000 74,000+
Director of Sales 55,000-59,000 59,000-64,000 64,000-68,000 68,000+
Project Director 50,000-55,000 55,000-60,000 60,000-64,000 64,000+
Senior Planning Manager 45,000-48,000 48,000-52,000 52,000-56,000 56,000+
Planning Manager 45,000-48,000 48,000-52,000 52,000-56,000 56,000+
Senior Project Manager 42,000-45,000 45,000-50,000 50,000-54,000 54,000+
Project Manager 37,000-40,000 40,000-44,000 44,000-49,000 49,000+

SALARY SURVEY
INTERIORS

0-3 years’ 3-5 years’ 5-8 years’ 8+ years’


Role
experience experience experience experience
Managing Director 50,500-65,000 65,000-73,000 73,000-83,000 83,000-15,000
Commercial Director 40,000-58,500 58,500-69,500 69,500-78,500 78,500-85,000
Operations Director 40,000-47,500 47,500-55,000 55,000-62,000 62,000-85,500
Project Director 36,500-45,000 45,000-52,000 52,000-60,500 60,500-70,000
Contracts Manager 46,500-53,000 53,000-58,000 58,000-62,000 62,000-67,000
Business Development
33,500-34,000 34,000-38,500 38,500-45,000 45,000-65,000
Director
Commercial Manager 25,000-30,000 30,000-37,000 37,000-48,000 48,000-70,00
Senior Project Manager 32,500-36,000 36,000-40,000 40,000-46,500 46,500-53,500
Planner & Scheduler 19,500-26,500 26,500-40,000 40,000-45,000 45,000-57,000
Senior Quantity Surveyor 20,500-26,500 26,500-30,000 30,000-38,000 38,000-50,000
Project Manager 20,500-24,500 24,500-28,000 28,000-34,500 34,500-43,500
Business Development
18,500-24,500 24,500-29,500 29,500-35,500 35,500-40,500
Manager
Estimator 14,000-20,500 20,500-25,500 25,500-32,500 32,500-37,500
Sales Manager 15,000-18,500 18,500-26,500 26,500-30,500 30,500-34,500
Quantity Surveyor 13,500-16,500 16,500-20,500 20,500-26,000 26,000-35,000
Sales Engineer 12,000-17,500 17,500-25,000 25,000-30,000 30,000-33,000
Site Manager 14,500-18,500 18,500-24,000 24,000-27,000 27,000-32,500
Project Engineer 14,000-16,000 16,000-19,500 19,500-24,000 24,000-29,500
Site Engineer 10,000-15,000 15,000-18,500 18,500-22,500 22,500-26,000

Gross salaries (AED per month)


28 *typically, does not exist at this level
SALARY SURVEY
MAIN CONTRACTING

Role 0-3 years’ experience 3-5 years’ experience 5-8 years’ experience 8+ years’ experience
Managing Director 85,000-92,000 92,000-97,000 97,000-105,000 105,000+
Operations Director 62,000-65,000 65,000-70,000 70,000-75,000 75,000+
Commercial Director 50,000-55,000 55,000-60,000 60,000-70,000 70,000+
Project Director 50,000-52,000 52,000-55,000 55,000-60,000 60,000+
Commercial Manager 45,000-47,000 47,000-52,000 52,000-60,000 60,000+
Operations Manager 50,000-52,000 52,000-55,000 55,000-60,000 60,000
Contracts Manager 40,000-42,000 42,000-45,000 45,000-50,000 50,000+
Senior Project Manager 38,000-40,000 40,000-45,000 45,000-48,000 48,000+
Planning Manager 30,000-33,000 33,000-35,000 35,000-40,000 40,000+
Project Manager 30,000-32,000 32,000-35,000 35,000-40,000 40,000+
Senior Quantity Surveyor 25,000-28,000 28,000-32,000 32,000-35,000 35,000+
Quantity Surveyor 18,000-20,000 20,000-22,000 22,000-25,000 25,000+

SALARY SURVEY
FACILITIES MANAGEMENT

0-3 years’ 3-5 years’ 5-8 years’ 8+ years’


Role
experience experience experience experience
Managing Director 75,000-80,000 80,000-85,000 85,000-90,000 90,000+
Operations Director 65,000-70,000 70,000-75,000 75,000-80,000 80,000+
Director of FM & General
55,000-60,000 60,000-65,000 65,000-70,000 70,000+
Manager
Business Development Director 45,000-50,000 50,000-55,000 55,000-60,000 60,000+
Commercial Director 45,000-50,000 50,000-55,000 55,000-60,000 60,000+
Bid Director 35,000-40,000 40,000-45,000 45,000-50,000 50,000+
Business Development Manager 30,000-35,000 35,000-40,000 40,000-45,000 45,000+
Facilities Manager 30,000-33,000 33,000-35,000 35,000-40,000 40,000+
Bid Manager 22,000-25,000 25,000-28,000 28,000-30,000 30,000+
Bid Engineer 15,000-18,000 18,000-20,000 20,000-25,000 25,000+

Gross salaries (AED per month)


29 *typically, does not exist at this level
SALES & MARKETING
HIRING TRENDS

We have continued to see challenges throughout Q3/Q4 2016 saw a 35% drop in hiring within
2016, with low oil prices and a slow job market. retail and trade in the UAE as a result of the
There have also been growing frustrations for job region's struggle to cope with low oil prices. Due
seekers, due to employees being unhappy with to the lack of jobs available, we saw a substantial
their salary packages and a lack of opportunities rise in postgraduate and online training courses.
to progress within their organisations. However, confidence has increased across the
region with the price of oil rising and the advent
of Expo 2020 in Dubai.

TALENT SUPPLY

Recruitment is already picking up amidst less on volume hiring, instead moving towards
positive predictions of the market rebounding for strategic hiring and headhunting talent from
2017. However, competition in the region still outside the GCC. Arabic talent is still very
remains high, resulting in professionals feeling desirable within the strongest markets - Saudi
more pressure to enhance their qualifications. Arabia and the UAE. Throughout 2016 we have
Clients are requesting stronger academic seen organisations invest heavily in marketing,
backgrounds and there is a definite preference consumer market insights and
for an MBA in a relevant field. Clients are focusing export sales.

SALARY & COMPENSATION TRENDS

We saw little change in salaries from 2015 to increase headcount and have aggressive plans in
2016, however, we expect to see salary growth of place, taking full advantage of the stabilising
around 6-10% in 2017, along with increased economy.
bonus payments. Many companies are looking to
SALARY SURVEY
FMCG

Role 0-3 years’ experience 3-5 years’ experience 5-8 years’ experience 8+ years’ experience
General Manager 40,000-55,000 52,000-63,000 60,000-75,000 75,000+
Sales Director 35,000-50,000 50,000-60,000 60,000-70,000 70,000+
Country Manager 35,000-40,000 40,000-50,000 50,000-55,000 55,000-60,000
Regional Sales Manager 30,000-35,000 35,000-40,000 40,000-45,000 45,000-55,000
Area Sales Manager 25,000-30,000 30,000-35,000 35,000-40,000 40,000-45,000
Key Account Manager 15,000-18,000 18,000-25,000 25,000-35,000 35,000-45,000
Brand Manager 15,000-18,000 18,000-25,000 25,000-35,000 35,000-45,000
Trade Marketing Manager 15,000-18,000 18,000-25,000 25,000-35,000 *
Sales Manager 15,000-20,000 20,000-25,000 25,000-30,000 30,000-40,000
Sales Executive 10,000-12,000 12,000-15,000 15,000-18,000 *

Gross salaries (AED per month)


30 *typically, does not exist at this level
SALARY SURVEY
HEALTHCARE

5-8 years’ 8+ years’


Role 0-3 years’ experience 3-5 years’ experience
experience experience
Regional Commercial
45,000-49,000 49,000-56,000 56,000-63,000 63,000+
Director
Regional Sales Director 45,000-49,000 49,000-56,000 56,000-63,000 63,000+
Market Access Manager 26,000-32,000 32,000-41,000 41,000 - 48,000 48,000+
Regional Commercial
30,000-35,000 35,000-41,000 41,000-46,000 46,000+
Manager
Regional Sales Manager 30,000-35,000 35,000-41,000 41,000-46,000 46,000+
Snr. Business Development
25,000-30,000 30,000-35,000 35,000-41,000 41,000+
Manager
Area Sales Manager 25,000-30,000 30,000-34,000 34,000 - 39,000 39,000+
Business Development
20,000-25,000 25,000-31,000 31,000 - 35,000 35,000+
Manager
Key Account Manager 17,000-21,000 21,000-27,000 27,000 - 31,000 31,000+
Sales Representative 17,000-22,000 22,000-26,000 * *
Product Specialist 15,000-20,000 20,000-26,000 * *

SALARY SURVEY
MARKETING & COMMUNICATIONS

3-5 years’
Role 0-3 years’ experience 5-8 years’ experience 8+ years’ experience
experience
Marketing Director 40,000-50,000 55,000-65,000 65,000-75,000 75,000 +
Head of Corporate
45,000-55,500 55,500-60,000 60,000-75,000 75,000 +
Communications
Corporate Communications
27,000-30,000 30,000-35,000 35,000-45,000 45,000 +
Manager
PR Account Director 21,000-24,000 24,000-27,000 27,000-38,000 38,000-45,000
Digital Account Director 26,000-31,000 31,000-35,000 35,000-41,000 41,000 +
CMI Manager 20,000-25,000 25,000-30,000 30,000-42,000 42,000+
Digital Account Manager 21,000-24,000 24,000-28,000 28,000-35,000 35,000 +
Marketing Manager 20,000-24,000 24,000-27,000 27,000-37,000 *
PR Account Manager 16,000-18,000 18,000 + * *
Marketing Executive 10,000-15,000 15,000 + * *
PR Account Executive 11,000-14,000 14,000 + * *

SALARY SURVEY
RETAIL

3-5 years’
Role 0-3 years’ experience 5-8 years’ experience 8+ years’ experience
experience
General Manager 40,000-45,000 45,000-50,000 50,000-55,000 55,000+
Sales Director 30,000-35,000 35,000-40,000 40,000-45,000 45,000+
Regional Sales Manager 25,000-32,000 32,000-36,000 36,000-42,000 42,000+
Regional Brand Manager 18,000-23,000 23,000-28,000 28,000-35,000 35,000+
Key Account Manager 12,000-18,000 18,000-25,000 25,000-32,000 32,000+
Operations Manager 18,000-21,000 21,000-24,000 24,000-27,000 27,000+
Area Sales Manager 15,000-18,000 18,000-22,000 22,000-27,000 27,000+
Store Manager 12,000-15,000 15,000-18,000 18,000-22,000 22,000+
Sales Executive 8,000-12,000 12,000-15,000 15,000-18,000 *
Sales Assistant 5,000-8,000 8,000-11,000 11,000-15,000 *

Gross salaries (AED per month)


31 *typically, does not exist at this level
SUPPLY CHAIN
HIRING TRENDS

The rejuvenated manufacturing sector and the understand bids, contracts, negotiation and
continuously growing FMCG, retail and tender management are particularly needed.
healthcare sectors have been significant drivers Those with regional and local procurement
of growth in the demand for supply chain and experience in FMCG and industrial manufacturing
procurement professionals. Multinational and have proven to be very popular hires recently
regional companies investing in manufacturing because there is a requirement for professionals
plants, building materials and utilities to understand the UAE and GCC market in order to
infrastructure throughout the Middle East and optimise their supply chain operations.
Africa will be particularly strong sources of Distribution managers and supply and demand
demand. planners are also highly sought after. Similarly,
increased investment in manufacturing and
Since manufacturing and retail companies are distribution operations has led to more of these
always looking to achieve the best prices from roles arising in the UAE Free
suppliers, procurement professionals who Trade Zones.

TRENDS SUPPLY

With billions of dollars’ worth of oil and gas their requirements, looking to hire professionals
investment projects cancelled, energy firms have that have direct industry expertise. There are
been undertaking redundancies on an those employers who still seek professionals to
unprecedented scale. This has created a high- advise them on Western supply chain and
volume supply of GCC talent with distribution, distribution practices, however, the ability to
procurement and supply chain expertise and speak and read Arabic, and to understand local
means that employers are very particular about culture, remain highly desirable attributes.

SALARY & COMPENSATION TRENDS

Salary increments in the supply chain and anticipate salaries will increase steadily in the
procurement community have increased coming year as the market picks up and both the
between 3-5% across the board. The UAE and government and private sector make significant
GCC show strong signs of growth and a desire not investments to drive the economy.
to let the changes in oil prices instil fear; we

Gross salaries (AED per month)


32 *typically, does not exist at this level
SALARY SURVEY
SUPPLY CHAIN

0-3 years’ 3-5 years’ 5-8 years’ 8+ years’


Role
experience experience experience experience
General Manager 42,000-49,000 47,500-62,500 58,000-72,500 72,500-122,000
Supply Chain Director 35,000-40,000 40,000-55,000 50,000-68,000 68,000-87,000
Procurement Director 35,000-42,000 42,000-57,000 55,000-70,000 65,000-85,000
Procurement Manager 22,000-30,000 28,000-40,000 35,000-45,000 45,000-65,000
Contracts Manager 23,000-29,000 27,000-37,000 37,000-49,000 44,000-55,000
Trade Compliance Manager 16,000-23,000 23,500-34,000 26,000-36,500 36,500-53,000
Bid Manager 17,000-23,000 22,000-34,500 26,000-35,000 35,000-52,500
Supply Chain Manager 22,000-32,500 26,000-34,000 34,000-45,000 38,000-50,000
Operations Manager 18,000-25,000 24,000-32,000 32,000-42,000 38,000-49,500
Logistics Manager 15,000-19,000 17,000-25,000 24,000-37,000 34,000-45,000
Warehouse Manager 16,000-19,000 19,000-24,000 24,000-34,000 27,000-38,000
Senior Contracts Engineer 14,000-22,000 20,000-33,500 30,000-37,000 *
Demand & Supply Planning
20,000-24,000 22,000-31,000 27,000-32,000 30,000-35,000
Manager
Category Manager 19,000-24,000 22,000-30,000 27,000-35,000 *
Materials Manager 15,000-21,000 18,000-26,000 25,000-32,000 *
Buyer 6,000-12,000 12,000-21,000 20,000-26,000 *
Demand & Supply Planner 10,000-15,000 15,000-20,000 18,00-24,000 *
Warehouse Supervisor 8,000-11,000 11,000-16,000 16,000-21,000 *
Materials Engineer 5,000-9,000 9,000-14,000 12,000-18,000 16,000-19,000

Gross salaries (AED per month)


33 *typically, does not exist at this level
TECHNOLOGY
HIRING TRENDS

As the popularity of cloud technology continues For example, the continued and growing risk of
to thrive, more organisations are gravitating ransomware, as a primary attack vector for
towards adopting this concept in order to achieve hackers aiming to cash in on their nefarious
the objective of cost effectiveness. As a result, we activities. Secondly, nation-states were once
have seen a rise in the demand for professionals again identified by multiple organisations as
with technical and commercial experience in being the source of serious cyber threats, and
cloud technology and sales professionals with there is no indication that this will change in the
strong experience in this area are also becoming year ahead.
more attractive.
Among the emerging trends that could become
Software is a strong market this year with the more prominent in the new year is the
introduction of VAT in the UAE, as companies are widespread use of containers and microservices
now faced with the complexity of computing the to improve security control.
effects of tax on their transactions. Hence, there
has been an increase in demand for professionals Due to the continual growth of Cyber Security we
who have experience in implementing VAT into expect to see more demand in both commercial
ERP (the software that helps automate financial and technical roles such as : Sales Director, Pre-
transactions on the computing system) and it is Sales, Consultants, Managers, SOC & IR specialists
expected that this demand will continue to grow. and GRC Specialists.

Security remains a very competitive market with With the demand increasing we forecast the
ever changing technologies being developed to average salary in Cyber Security to increase
mitigate security risks. Many trends emerged in around 2-4% on last year.
2016 that are very likely to remain key issues for
organisations of all shapes and sizes in 2017.

TALENT SUPPLY

There remains a very strong talent pool of laws there is a real demand to relocate
professionals in the Middle East, however, as we professionals with a niche areas of expertise to
see developments in technology and taxation the region.

SALARY & COMPENSATION TRENDS

Our insights show that inflated salary structures company performance. Salaries are predicted to
are under review across the board. Technology rise in more technical roles as the demand for
professionals, especially in commercial sales certain skill sets becomes even more difficult to
roles, are coming under the microscope with source within the Middle East.
salaries being brought further in line with overall

Gross salaries (AED per month)


34 *typically, does not exist at this level
SALARY SURVEY
LEADERSHIP ROLES END USERS

0-3 years’ 3-5 years’ 5-8 years’ 8+ years’


Role
experience experience experience experience
Chief Information Officer (CIO) 80,000-90,000 90,000-100,000 100,000-115,000 115,000+
Chief Technology Officer (CTO) 75,000-85,000 85,000-95,000 95,000-110,000 110,000+
Chief Information Security Officer
45,000-52,000 52,000-60,000 60,000-65,000 66,000+
(CISO)
Lead Architect 45,000-52,000 52,000-56,000 56,000-60,000 60,000+
Head of I.T 40,000-45,000 45,000-52,000 52,000-56,000 56,000+
I.T Manager 30,000-34,000 33,000-37,000 35,000-39,000 39,000+
Service Delivery Manager 25,000-28,000 28,000-34,000 34,000-38,000 38,000+
Service Desk Team Leader 16,000-21,000 21,000-26,000 26,000-33,000 30,000+
Network Engineer 12,000-15,000 15,000-18,000 18,000-22,000 22,000+

SALARY SURVEY
VENDOR ROLES

0-3 years’ 3-5 years’ 5-8 years’ 8+ years’


Role
experience experience experience experience
VP of Sales 70,000-80,000 80,000-99,000 99,000-115,000 115,000+
Country Manager 55,000-59,000 59,000-67,000 67,000-80,000 80,000+
Sales Director 40,000-43,000 43,000-46,000 46,000-50,000 50,000+
Pre-Sales Director 40,000-43,000 43,000-46,000 46,000-50,000 50,000+
Professional Services Director 38,000-41,000 41,000-44,000 44,000-48,000 48,000+
Sales Manager 27,000-30,000 30,000-35,000 35,000-38,000 38,000+
Pre-Sales Manager 27,000-30,000 30,000-35,000 35,000-38,000 38,000+
Professional Services Manager 24,000-27,000 27,000-32,000 32,000-35,000 35,000+
Inside Sales Manager 17,000-22,000 22,000-26,000 25,000-32,000 31,000+
Pre-Sales Engineer 18,000-23,000 22,000-24,000 24,000-28,000 28,000+
Inside Sales 10,000-12,000 12,000-15,000 15,000-18,000 18,000+

Gross salaries (AED per month)


35 *typically, does not exist at this level
TECHNICAL SALES
HIRING TRENDS

Hiring activity slowed comparatively year-on- low oil prices. Correspondingly, the number of
year at the start of 2016 for the technical sales individuals receiving a pay decrease was up
profession. The number of appointments significantly and there was a slight decline in the
available during the first half was a slight decline number of professionals starting work with a
compared to 2015, as a result of company new company.
restructures and reduced budgets in response to

TALENT SUPPLY

The volume of available technical sales Significant growth in the demand for sales
candidates has increased year-on-year, not just professionals will be seen in technical industries,
as a result of tax- free salaries attracting including healthcare, chemicals, and power
expatriates to the region, but also due to an generation. It is likely that in 2017 the demand
increasing number of redundancies from for candidates will continue on a positive
company restructuring. We have seen a rise in trajectory within FMCG, retail and professional
junior technical sales candidates who, for a services and be at its slowest within the oil and
relatively small fee compared to senior gas and construction sectors, in response to the
candidates, can increase the commercial sales low oil prices.
value of businesses and propel growth.

SALARY & COMPENSATION TRENDS

Salaries were directly impacted by cost-cutting the whole company,’ rather than being
exercises in 2016. Not only were salary changes individually determined – a further cost cutting
down year-on-year (49% of professionals strategy, since the survey found that inflation
received a change in 2016, compared to 57% in rates, specific to the technical sales profession,
2015) but 20% of those changes were a decrease, were typically higher when individually arranged.
compared to 3% the previous year. The majority
increased by up to 5%, which is less than the 5- Reductions in salaries have not reduced
10% average pay rise experienced within the employee expectations for 2017. 61% of sales
profession in 2015. The main reason for an professionals anticipate a change in the next 12
increase in salary for technical sales professionals months, the majority of whom expect a 5-10%
was due to a ‘standard annual pay increase across increase

SALARY SURVEY
TECHNICAL SALES

Role 0-3 years’ experience 3-5 years’ experience 5-8 years’ experience 8+ years’ experience
Sales Director 47,000-49,500 49,500-54,500 54,000-61,000 61,000+
Regional Sales Manager 25,000-33,000 33,000-38,000 38,000-42,000 42,000+
District Manager 25,000-30,000 31,000-34,000 34,000-39,000 40,000+
Sales Manager 25,000-30,000 30,000-35,000 35,000-37,000 37,000+
Technical Sales Manager 15,000 - 20,000 20,000 - 26,000 26,000 - 30,000 30,000+
Sales Engineer 12,000-16,000 16,000-21,000 21,000-28,000 28,000+
Systems Engineer 12,000 - 16,000 16,000 - 20,000 20,000 - 26,000 26,000+
Technical Account Manager 15,000 - 17,000 17,000 - 21,000 21,000 - 25,000 25,000+
Application Sales Engineer 9,000-13,000 13,000-15,000 15,000-18,000 *
Pre-Sales Engineer 9,000-12,000 12,000-15,000 15,000-18,000 *

Gross salaries (AED per month)


36 *typically, does not exist at this level

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