Hays 2020 Saudi Arabia Salary & Employment Trends Report
Available now
Based on survey findings from over 1,000 employers and employees, the Hays 2020 Saudi Arabia Salary & Employment Trends Report is our inaugural publication that explores salaries, employment and benefits packages, as well as workforce turnover in the Kingdom.
Key findings
Salaries
- 51% of working professionals' salaries remained the same in 2019 compared to 2018, 45% increased and 4% decreased
- Pay rates were more buoyant than in the UAE where 40% increased, the most common by less than 5% which is lower than the 5-10% uplift most frequently experienced in Saudi Arabia
- The main reason for a salary increase was due to a new job with a new company
- 63% of employees and 64% of employers in the region expect salaries to increase in 2020
Headcount
- 31% of employees started a new job with a new company in 2019, the main reason due to career development opportunities
- A significant 52% of working professionals feel there is no scope for career progression at their current organisation and 52% anticipate changing company in 2020
- 70% of employers plan to recruit additional staff in the next 12 months
- 90% of employers forecast skills shortages in 2020, compared to 75% in the UAE
Press coverage
- Salaries in Saudi Arabia more buoyant than in the UAE
- More workers are getting a pay hike in Saudi than UAE
Thank you
Hays would like to express our gratitude to all those individuals who participated in our online survey and provided such invaluable feedback.
Disclaimer
The Hays 2020 Saudi Arabia Salary & Employment Trends Report is representative of a value added service to our clients, prospective clients and candidates. Whilst every care is taken in the collection and compilation of data, the survey is interpretive and indicative, not conclusive. Therefore information should be used as a guideline only and should not be reproduced in total or by section without written prior permission from Hays. For more information about the report, please do not hesitate to contact us: marketing.uae@hays.com.