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Latest News

Will you ask for a raise in Q4?

Will you ask for a raise in Q4?

The results are in.

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September 27, 2009 2:26 by



The maximum number of respondents to our poll, 46 percent, however said that they deserve a raise, and would ask for it during the last quarter of the year.

A report published by the Markets Insights Division of Advantage Consultants in April this year said that salary increases for 2009 in the region are expected to come down to 6.2 percent instead of earlier expectations of 9.2 percent.

According to the GCC Salary Survey released by Bayt.com and YouGov Siraj in January this year, the average salary in the Middle East has risen by more than 15 percent in the last two years. The scenario is certainly different this year, and most companies are now waiting for the market situation to improve before promising their employees any salary hikes.

Perhaps the only people who do have some good news are a lucky 6 percent of our respondents, who said that they have already pocketed raises this year.



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1 Comment

  1. Mamdooh Al-Radadi on September 28, 2009 4:28 pm

    It has nothing to do with the economy in Big companies. It surprises me, that te people that kept the company afloat in those bad times need to think about getting a rise or not! i can see that the 6% do work for such great companies, big or small they know what they are doing. There is nothing wrong with the owners cutting on their summer madness expenses and passing the buck to the hard working employees and managers.

     

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