The 2017 Bayt.com Middle East and North Africa Salary Survey, conducted by Bayt.com, the Middle East’s leading job site, and YouGov, a leading market research agency, revealed that 53% of respondents in Qatar are satisfied with their current salaries. Further, almost half (43%) of respondents believe that salaries are increasing in Qatar, and 18% believe that they are staying the same.
In terms of current salary package composition, more than six in 10 respondents in Qatar (61%) receive basic salary as well as benefits in their compensation package. 13% of those surveyed actually receive their basic salary plus benefits and commission. 26% only receive a basic salary.
Of those receiving additional benefits in Qatar, personal annual ticket (40%) was the top benefit received by employees, followed by a transportation allowance (33%), and personal medical insurance (29%).
When it comes to end of service benefits in Qatar, two thirds of respondents (66%) stated that their company offers an end-of-service gratuity, and 7% claim they will receive a pension on retirement. 7% claim that they have other forms of benefits.
However, 22% of respondents state that they do not receive any end of service benefits.
21% of Qatar respondents claim that the salary they earn is the main loyalty driver, while 28% claim that their loyalty to the company is not linked to the salary they receive. Besides salary, training and development opportunities (34%) and opportunities for career advancement (33%) emerged as the most important factors driving employee loyalty in Qatar.
“With salary being such an important driver for both employees and job seekers, we hope that the Bayt.com Salary Survey 2017 will shed light on salaries, savings, and spending in the Middle East,” said Suhail Masri, VP – Employer Solutions, Bayt.com.
In 2016, nearly four in 10 respondents (39%) in Qatar received a salary raise. On the other hand, half (50%) of those surveyed did not receive a pay raise in 2016. “We conduct tens of comprehensive research reports each year in line with our mission as an organisation, which is to provide people with the tools and information they need to build their lifestyle of choice. This survey was created in order to provide employers with insights into current employee satisfaction levels when it comes to their salaries and raises.”
Of those who did receive a raise, 53% were very happy or modestly happy with their raise. Over half (57%) of respondents in Qatar are expecting a salary raise in 2017. The majority of respondents in Qatar (64%) claim that they are planning on finding a better job in the same industry within the next 12 months.
© The Peninsula 2017
