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hays.ae MARKET INTELLIGENCE INDUSTRY KNOWLEDGE UAE Salary Guide and Market Overview 2014

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MARKET INTELLIGENCE INDUSTRY KNOWLEDGE

UAE Salary Guide and Market Overview 2014

2 | UAE Salary Guide and Market Overview 2014

CONTENTS

Introduction 1

Accountancy & Finance 2

Construction & Property 4

Human Resource 8

Information Technology 10

Legal 14

Office Support 18

Sales & Marketing 20

Supply Chain & Procurement 22

About Hays UAE 24

UAE Salary Guide and Market Overview 2014 | 1

Although salaries in the UAE are thought to have risen by as much as 5% in 2013, this is a simple analysis of a complex issue with several constituent parts.

The first point to make is that some industries, such as banking, have seen their salaries increase more than other sectors such as logistics. Secondly, rises above 5% in the public sector mask a smaller rise in the private sector and lastly not all companies within their sector have increased salaries at a universal rate. So, it is quite possible that you could work for a company that didn’t increase salaries at all in 2013.

One aspect of the salary debate about which we are keenly aware is what happens when individuals are looking to move jobs. It is here that we have seen a real tension emerge in 2013 between jobseekers and employers. The former have been looking for a minimum 10-15% increase in their remuneration package to ‘make it worthwhile’ to switch while the latter are trying to negotiate this expectation down to ensure that a new hire fits in with their existing salary structure.

Although the economy has been growing at 3% for the last two years and confidence has returned to the housing sector as seen in increasing rents and property prices, many companies are not yet sufficiently confident about increasing their prices to customers, which is what would fund more generous across-the-board salary rises.

While in some cases jobseekers are being offered the same or even a reduced salary to move jobs, we expect that employers will give way to these salary demands in 2014, particularly in view of the rising rents and cost of living.

We would advise jobseekers to make absolutely sure they know what salary is on offer before even getting as far as the job interview and to make the company or their specialist recruiter aware of the minimum salary package that they would be prepared to accept as this could save time and frustration further down the track.

They also need to be clear as to what it is about their unique selling points that can add value to the hiring company and why they should expect a salary rise. We are not yet at the point of an automatic hike!

Chris Greaves Managing Director, Hays UAE

INTRODUCTION

2 | UAE Salary Guide and Market Overview 2014

ACCOUNTANCY & FINANCE

Although growing confidence in the economy is resulting in more investments, the region isn’t quite operating at full throttle yet.

This means, for companies in the UAE, they need to have an awareness of their outgoings and be able to identify, and capitalise on the growing market.

For these reasons industries that are currently driving the market, such as Construction & Property, and Oil & Gas, we’ve seen an increase in accountancy and finance hiring. Elsewhere in other industries, such as FMCG, advertising & media, legal etc. vacancies are occurring on a less regular basis.

There certainly isn’t a shortage of skilled and qualified accountancy and finance candidates in this region, but with that comes increased competition and static salary expectations.

Within government organisations we see a clear objective to increase the number of local Emirati’s employed, and now regional and international banks are starting to specify a need for Emirati talent too.

Top 3 roles in demand:

• Financial planning and analysis

• Technical accounting – IFRS especially

• Cost management

UAE Salary Guide and Market Overview 2014 | 3

Qualified

AED Range Typical

Group CFO 80,000-200,000 110,000

Regional CFO 65,000-140,000 80,000

CFO* 70,000-100,000 85,000

CFO** 50,000-80,000 65,000

Finance Director* 40,000-65,000 50,000

Finance Director** 35,000-55,000 40,000

Finance Controller 28,000-40,000 32,000

Finance Manager 20,000-28,000 25,000

Head of Internal Audit 40,000-80,000 55,000

Internal Audit Manager 25,000-45,000 35,000

Internal Auditor 15,000-25,000 20,000

Chief Accountant 25,000-38,000 30,000

Financial Accountant 14,000-23,000 18,000

Management Accountant 15,000-25,000 18,000

Financial Analyst 15,000-24,000 20,000

Business Analyst 12,000-28,000 22,000

Non and part-qualified

AED Range Typical

Assistant Accountant 10,000-17,000 13,000

Accounts Assistant 10,000-15,000 12,000

Purchase Ledger Manager 15,000-22,000 18,000

Purchase Ledger Clerk 10,000-16,000 13,000

Credit Manager 16,000-24,000 20,000

Credit Controller 10,000-18,000 13,000

Monthly gross salary in AED within the UAE for full time positions.* Annual turnover >£100m; ** Annual turnover <£100m

Accountancy & Finance

4 | UAE Salary Guide and Market Overview 2014

CONSTRUCTION & PROPERTY

2014 will continue to demonstrate strong growth in the Construction industry across the GCC – the UAE, Qatar and Saudi Arabia specifically being the key drivers.

The UAE winning the Expo 2020 bid, Qatar’s commitment to hosting the 2022 FIFA World Cup, and Saudi Arabia’s continued investment into major transportation and residential projects will contribute to a significant increase in order books over the next 12 months.

Degree educated Design Engineers, Planners, Cost & Contracts Managers and Project Managers with experience on major civil and transportation infrastructure projects are particularly sought after, specifically in Qatar and Saudi Arabia where ambitious transport and utility programmes are currently underway.

Within the UAE, the renewed optimism amongst the developers is showing an increase in demand for Design Managers, Planners, Development Managers and Project Managers as they embark on new real estate projects and also the re-launch of previously shelved projects.

Whilst we expect the job market to significantly increase over the coming year, the demands from clients will also continue with the skillsets they are seeking. Degree educated, professionally qualified candidates are essential for middle – senior

UAE Salary Guide and Market Overview 2014 | 5

Architecture

AED Range Typical

Architect 18,000-30,000 25,000

Senior Architect 30,000-45,000 35,000

Associate 42,000-55,000 50,000

Interior Designer 15,000-30,000 25,000

Senior Interior Designer 25,000-40,000 35,000

Landscape Architect 15,000-30,000 20,000

Design Manager 30,000-45,000 35,000

Principal 40,000-60,000 50,000

Construction & Property

Monthly gross salary in AED within the UAE for full time positions.

management positions, and whilst employers are open to candidates from overseas with the necessary skillsets for major civil projects, the trend remains very much for candidates with proven GCC design and delivery experience for those employers looking to hire candidates for real estate projects. Arabic speaking skills are an advantage but not essential.

Top 3 roles in demand:

• Cost & Contracts Managers

• Planners

• Design Managers

• Project Managers

6 | UAE Salary Guide and Market Overview 2014

Construction & Property

Cost/Commercial Management/Planning

AED Range Typical

Quantity Surveyor 23,000-35,000 30,000

Senior Quantity Surveyor 35,000-45,000 40,000

Commercial Manager 40,000-60,000 50,000

Senior Commercial Manager 50,000-70,000 60,000

Claims Manager 55,000-65,000 60,000

Project Controls Manager 45,000-65,000 55,000

Engineering

AED Range Typical

Mechanical/Electrical Engineer 15,000-25,000 20,000

Senior Mechanical/Electrical Engineer 25,000-40,000 30,000

MEP Manager 30,000-50,000+ 40,000

Civil/Structural Engineer 18,000-25,000 21,500

Senior Civil/Structural Engineer 25,000-40,000 30,000

Resident Engineer 20,000-30,000 25,000

Senior Resident Engineer 30,000-45,000 40,000

Associate 30,000-50,000 40,000

UAE Salary Guide and Market Overview 2014 | 7

Construction & Property

Facilities Management

AED Range Typical

Facilities Manager 20,000-30,000 25,000

Senior Facilities Manager 30,000-40,000 35,000

Technical Facilities Manager 35,000-45,000 40,000

FM Operations Manager, Senior 40,000-50,000 45,000

Director Facilities Management 45,000-55,000 50,000

Real Estate/Property

AED Range Typical

Leasing Managers in-house 25,000-35,000 30,000

Development Manager 40,000-50,000 45,000

Development Director 55,000-85,000 70,000

Associate Director 30,000-38,000 35,000

Property/Asset Manager 20,000-35,000 28,000

Valuations Manager (4yrs PQE) 28,000-32,000 30,000

Valuations Director 40,000-50,000+ 45,000

Research Manager 25,000-35,000 30,000

Monthly gross salary in AED within the UAE for full time positions.

8 | UAE Salary Guide and Market Overview 2014

HUMAN RESOURCES

The market for HR professionals saw steady growth in 2013, and all signs point to this trend continuing throughout 2014.

This is partly due to the rapid expansion of businesses within the region that need to boost their HR headcount with specialists who can acquire, retain and develop the top talent that will bring about growth.

We have observed an increased demand for Western educated professionals with international experience, particularly at the upper managerial levels with 8 or more years’ experience. Candidates with niche

skills in Compensation & Benefits and Learning & Development can expect to see slight salary increases due to the talent shortages in the market.

Top 3 roles in demand:

• HR Director

• L&D and Talent Manager

• In-house recruiters

UAE Salary Guide and Market Overview 2014 | 9

AED Range Typical

HR Officer 10,000-18,000 14,000

Recruitment Specialist 12,000-45,000 25,000

Compensation & Benefits Specialist 25,000-55,000 35,000

Learning & Development 15,000-45,000+ 35,000

HR Business Partner 20,000-45,000+ 30,000

HR Manager 25,000-45,000 35,000

HR Director 35,000-60,000+ 45,000

Group HR Director 45,000-70,000+ 55,000

Human Resources

Monthly gross salary in AED within the UAE for full time positions.

10 | UAE Salary Guide and Market Overview 2014

INFORMATION TECHNOLOGY

Commercial buoyancy in the region is fuelling a thriving IT sector – large companies are confidently expanding their operation and investing in better networks, cloud services, software systems and digital marketing.

As a result the in-house IT department is becoming a slick well-trained, multi-skilled division.

As well as a continued demand for western educated Arabic speakers, we have also seen more IT Business Development roles appear as a result of the budding economy.

Although a competitive market for general IT professionals, there is a noted shortage of talent for IT Security, Mobile Technology Specialists and Business Intelligence Consultants.

On average over the past year we have seen salaries increase by up to 10% in some roles. This is because companies are seeing the value of investing in employees who possess the skills to take their business forward.

Top 3 roles in demand:

• Business development

• Mobile technology specialists

• IT security

UAE Salary Guide and Market Overview 2014 | 11

AED Range Typical

CEO 65,000+ 50,000

CIO 50,000+ 40,000

Head of IT/Directors 40,000+ 35,000

IT Managers 18,000-50,000 30,000

IT PMO Head 35,000+ 30,000

Business Solutions Managers 35,000+ 25,000

Infrastructure Managers 20,000-50,000 30,000

IT Solution Architects 25,000-50,000 35,000

IT Security Advisors 20,000-50,000 30,000

Senior Security Consultants 20,000-50,000 30,000

Infrastructure Security Specialist 18,000-50,000 25,000

Technical Consultants 15,000-50,000 20,000

Technical Project Managers 20,000-50,000 30,000

Project Managers (PMP-Prince2) 18,000-50,000 25,000

Project Leaders 15,000-45,000 20,000

Business Intelligence 20,000-50,000 30,000

Business Analyst 15,000-50,000 20,000

Change Managers 20,000-50,000 25,000

Application Analyst 15,000-30,000 20,000

SharePoint Specialists 12,000-30,000 18,000

Microsoft Exchange Consultants 12,000-30,000 15,000

Product Managers 15,000-35,000 20,000

Information Technology

Monthly gross salary in AED within the UAE for full time positions.

12 | UAE Salary Guide and Market Overview 2014

Information Technology

AED Range Typical

Oracle Consultants 15,000-45,000 20,000

SAP Consultant 20,000-45,000 30,000

SAP (PM) 20,000-50,000 30,000

Senior Solution Engineers 15,000-50,000 20,000

Development Managers 18,000-60,000 25,000

Web Developers 12,000-40,000 18,000

Developers 12,000-40,000 15,000

Testers 12,000-40,000 15,000

Technical Support Engineers 10,000-25,000 18,000

Network Engineers 12,000-25,000 15,000

Administrators 10,000-25,000 15,000

Technical Pre-sales Engineers 15,000-35,000 20,000

Technical Sales Consultant 15,000-40,000 20,000

New Business Developers 12,000-45,000 20,000

Account Managers 12,000-35,000 18,000

Sales Managers 15,000-50,000 20,000

Sales Directors 20,000-60,000 25,000

Country Sales Manager 20,000-50,000 30,000

Monthly gross salary in AED within the UAE for full time positions.

UAE Salary Guide and Market Overview 2014 | 13

14 | UAE Salary Guide and Market Overview 2014

LEGAL

The legal sector has remained fairly static in 2014, with few vacancies being registered.

The legal sector has remained fairly static from 2013 going into 2014, with few vacancies being registered. However, when new investments and the expansion plans of multinationals in the region come to fruition, hiring should pick up.

The UAE’s current construction and property boom has fuelled a growing need for skilled Arabic construction litigators. In-house candidates with 3-5 years’ experience are also highly sought after.

For those with over eight years’ experience, the market is extremely competitive, with supply far outweighing demand. This is reflected in the stagnant salary levels in 2013-14.

Top 3 roles in demand:

• Top tier Corporate Lawyers 3-5 years PQE in house

• Excellent corporate bilingual Arabic speakers for in-house roles 8 years PQE plus

• Arabic construction litigators

UAE Salary Guide and Market Overview 2014 | 15

Legal in-house

AED Range Typical

1-3 years’ PQE 32,000-38,000 35,000

3-4 years’ PQE 38,000-45,000 41,500

4-6 years’ PQE 45,000-55,000 50,000

6-8 years’ PQE 55,000-65,000 60,000

General Council/Head of Legal 75,000+ 80,000

Private Practice – UK International

AED Range Typical

Newly Qualified 28,000-32,000 30,000

1 year PQE 32,000-35,000 33,000

2 years’ PQE 35,000-40,000 35,000

3 years’ PQE 40,000-44,000 42,000

4 years’ PQE 44,000-48,000 46,000

5 years’ PQE 48,000-54,000 50,000

6 years’ PQE 51,000-57,000 53,000

7 years’ PQE+ 57,000+ 65,000

Legal

Monthly gross salary in AED within the UAE for full time positions.

16 | UAE Salary Guide and Market Overview 2014

Legal

Private Practice – UK Magic Circle

AED Range Typical

Newly Qualified 30,000-35,000 32,000

1 year PQE 35,000-40,000 37,000

2 years’ PQE 40,000-45,000 42,000

3 years’ PQE 50,000-60,000 55,000

4 years’ PQE 55,000-65,000 60,000

5 years’ PQE 60,000-70,000 65,000

6 years’ PQE 65,000-75,000 70,000

7 years’ PQE+ 70,000+ 80,000

Private Practice – US International

AED Range Typical

1 year PQE 40,000-45,000 42,000

2 years’ PQE 45,000-50,000 47,000

3 years’ PQE 50,000-60,000 55,000

4 years’ PQE 60,000-65,000 62,000

5 years’ PQE 67,000-77,000 70,000

6 years’ PQE 75,000-85,000 80,000

7 years’ PQE+ 85,000+ 85,000

Monthly gross salary in AED within the UAE for full time positions.

UAE Salary Guide and Market Overview 2014 | 17

18 | UAE Salary Guide and Market Overview 2014

OFFICE SUPPORT

The region’s recent commercial boom has increased the demand for office support staff as a whole.

In particular for junior positions and vacancies in the Oil & Gas, Hospitality and Professional Services sectors as they start to expand their operations.

Competition within office support remains high, with a large number of quality candidates flooding the market, especially from western European countries.

Companies, however, increasingly require for candidates to have good local knowledge and Arabic speaking skills – in support of the local government’s Emirati employment initiative.

The extensive talent pool who are readily available has seen salaries remain relatively stable with no significant increases. As more organisations are willing to wait for the right person to fill their roles, jobseekers are prepared to take pay cuts in order to gain more experience, learn new skills or get a foot in the door.

Top 3 roles in demand:

• Senior Western EA

• Arabic PA

• British Legal Secretary

UAE Salary Guide and Market Overview 2014 | 19

Office Support

AED Range Typical

Executive Assistant 15,000-25,000 18,000

Personal Assistant 12,000-25,000 16,000

Administrator 10,000-15,000 12,000

Receptionist 10,000-14,000 12,000

Office Manager 15,000-25,000 20,000

Secretary 14,000-22,000 18,000

Legal Secretary 15,000-23,000+ 18,000

Paralegal 16,000-25,000+ 20,000

Office Support

Monthly gross salary in AED within the UAE for full time positions.

20 | UAE Salary Guide and Market Overview 2014

SALES & MARKETING

The Sales and Marketing sector started to reap the benefits of the region’s growth in 2013.

Many retail, multinational and Fast Moving Consumer Good (FMCG) businesses started to expand their operations, hiring new talent rather than opting for internal promotion – a trend that was evident during the lull of previous years.

The rise of digital has helped to increase the hiring pace of marketing roles, while sales continues to remain a premium skill. A high volume of quality sales and marketing talent can be found within the region, making it a competitive market. There has been a clear demand for both skill sets in 2014, which will help candidates stand out, particularly in the FMCG market.

The Kingdom of Saudi Arabia and Qatar is also experiencing high employment growth. Successful candidates in these regions usually have strong regional experience.

Top 3 roles in demand:

• Key Account Manager

• Regional Sales Manager

• PR/Communications

UAE Salary Guide and Market Overview 2014 | 21

Marketing & Brand

AED Range Typical

Marketing Executive 12,000-22,000 17,000

Marketing Manager 28,000-40,000 34,000

Marketing Director/Head of Marketing 40,000-60,000 50,000

Junior Brand Manager 12,000-18,000 16,000

Brand Manager 18,000-30,000 25,000

Communications & PR

AED Range Typical

Corporate Communications Assistant 15,000-20,000 17,000

Corporate Communications Manager 25,000-45,000 35,000

Corporate Communications Director 45,000-60,000+ 50,000

PR/Media Relations Executive 15,000-20,000 17,000

PR Manager 25,000-35,000+ 30,000

PR Director/Head of PR 40,000-50,000+ 45,000

Sales & Account Managers

AED Range Typical

Sales Executives 10,000-15,000+ 12,000

Sales Managers 20,000-35,000+ 25,000

Sales Director/Head of Sales 40,000-45,000+ 40,000

Key Account Manager 15,000-25,000 20,000

Business Development Manager 25,000-45,000 35,000

Sales & Marketing

Monthly gross salary in AED within the UAE for full time positions.

22 | UAE Salary Guide and Market Overview 2014

SUPPLY CHAIN & PROCUREMENT

The demand for Procurement and Supply Chain professionals in the Middle East has remained strong, with companies continuously looking at how they can improve their customers/suppliers experiences, therefore creating new positions in this discipline.

Although employers are more open to looking overseas for talent, local experience is always preferred.

The FMCG and Pharma industries in particular are still a growing presence within Dubai, with many such multinational

companies (MNCs) having their regional HQs within the Emirate. The majority of the world’s largest logistics companies (3PLs) are also benefiting because of the increased demand for warehousing in a number of industries, particularly within the building materials sector.

From a geographical perspective, outside of the UAE, clients in Saudi Arabia also have a strong focus on creating efficient supply chain teams, with an increased demand for Saudi Nationals.

Top 3 roles in demand:

• Supply Chain Manager

• Procurement Manager

• Warehouse Manager

UAE Salary Guide and Market Overview 2014 | 23

AED Range Typical

Logistics Manager 12,000-40,000 25,000

Sales Manager 12,000-35,000 22,000

GM/Country Manager 35,000-65,000 50,000

Air Freight Manager 12,000-30,000 20,000

Transport Manager 12,000-65,000 35,000

Operations Manager 20,000-55,000 40,000

Commercial Manager 20,000-55,000 35,000

Shipping Manager 12,000-60,000 35,000

Warehouse Manager 10,000-50,000 35,000

Demand Planner 15,000-30,000 20,000

Supply Planner 10,000-28,000 20,000

Buyer (Raw Material) 10,000-20,000 15,000

Sourcing Manager 15,000-40,000 25,000

Supply Chain Manager 12,000-65,000 35,000

Purchasing Manager 12,000-65,000 35,000

Supply Chain & Procurement

24 | UAE Salary Guide and Market Overview 2014

As the world’s largest specialist recruitment agency, Hays employs 7,840 staff in 239 offices across 33 countries and 20 specialisms.From our office in Dubai, we focus on offering permanent recruitment solutions across the GCC region. Our consultants’ sector-specific knowledge and unique understanding of the local market allows us to offer you an exceptional level of expertise across a number of industries including:

ABOUT HAYS

• Accountancy & Finance

• Architecture

• Banking

• Construction

• Engineering

• Facilities Management

• Healthcare

• HR

• IT

• Legal

• Life Sciences

• Logistics

• Manufacturing & Operations

• Office Support

• Oil & Gas

• Procurement

• Property

• Sales & Marketing

Discover in-depth Oil and Gas industry insights, market forecasts, trends, and salary details with our global Oil and Gas Salary Guide. Available to download at hays.ae

To find out more about Hays UAE, visit hays.ae or call +971 (0) 4361 2882

UAE Salary Guide and Market Overview 2014 | 25

hays.ae

As the leading experts in qualified, professional and skilled recruitment, we are passionate about finding the right calibre of individual who will add value to your organisation.

Our market insights and advisory services are the best in the business.

• Interview Guidance

• Recruitment Advice

• Salary Information

• Industry Insights

• And much more

To learn more visit our website, www.hays.ae/employerservices or email the experts on [email protected]

RECRUITING NOW?CONSULT THE EXPERTS

26 | UAE Salary Guide and Market Overview 2014

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