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Latest News

Show me the money

Show me the money

61 percent of professionals in the GCC foresee a pay raise in 2010.

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November 17, 2009 1:55 by



The average salary of a ‘white collar’ construction worker in the GCC averages at $6,047 (AED 22,200) per month, a recent survey by Construction Week Online shows.

The number drops to $5,190 when leaving executive positions, such as CEO and managing editor, out of the equation.

Conducted during April to September 2009, a total of 1221 people working in the Gulf participated in the online survey, the majority of them (77 percent) in the UAE.

The results show signs of optimism despite being part of the worst hit industry in the region.

Respondents were positive when it came to salary increases and in maintaining their jobs – 61 percent believed they would receive a pay raise within the next year.

The largest category of respondents was project manager, with results indicating an average salary of $7,774 per month, followed by project engineer, shown to make an average of $4,023.

A recent survey showed the average base salary of a real estate professional working in the Middle East was $10, 340 per month.

The construction industry in the UAE saw the biggest slow-down among GCC States, with 29 percent of its projects either being delayed or cancelled, according to a report released in September 2009 by research house Proleads, the Khaleej Times reported.



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1 Comment

  1. Iftikhar Awan on November 18, 2009 8:45 am

    It seems that Saudi Arabia (which is the biggest market in GCC) is not included in these studies!

     

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