Executive Updates: Salary & Job Market Saudi Arabia

Executive Updates: Salary & Job Market Saudi Arabia

Are you looking to garner a greater salary, while also achieving your dreams of living abroad? A move to Saudi Arabia can achieve both! Get up to date with the latest job market and salary updates below:

What’s the hiring climate?

Saudi Arabia is forecasted to see GDP growth of 1.1% in 2016. This level of growth will see a more conservative level of hiring in general terms- compared to the relatively robust hiring climate of years prior- although this will vary depending by industry. Some sectors, such as healthcare, are indeed hiring quite aggressively.

Trends affecting the job market

Saudisation has intensified in 2016. Saudisation refers to a government initiative to increase the share of private sector jobs held by Saudi nationals, in an effort to combat unemployment and social unrest. This will decrease certain opportunities available to expatriates.

saudis_at_work

For those expat positions still available, in which there are thousands, these will benefit from the continuing average pay rise increases. For private sector roles, salaries are projected to rise by nearly 6% compared to 2015.

Salaries for positions in demand

According to Gulf Talent, expatriates can anticipate salaries to follow within these typical averages in the United Arab Emirates:

Chief Executive Officer

CEOs on average earn up to US$ 15,600 per month in the UAE. Those in the top 90th percentile have been documented to earn up to US$ 46,500 monthly.

Chief Financial Officer

If you are looking to acquire a role as working as the Chief Financial Officer in the UAE, you should expect to see an average salary of US$ 11,000 per month, with high-end earner entering into the realm of US$ 19,200 monthly.

Project Director

A Project Director can anticipate to earn US$ 13,000 per month, excluding allowances. Top earners can be projected to earn up to US$ 25,500 monthly.

pro-dire

Marketing Executive

A Marketing Executive is projected to receive a monthly salary of US$ 1,300, with the top percentile earning wages upwards to US$ 2,500 monthly.

Executive Manager

If you are looking to acquire a role as working an Executive Manager in the UAE, you should expect to see an average salary of US$ 6,500 per month. High-end earners, however, have been known to earn up to US$ 12,60 monthly.

Senior Project Manager

Senior Project Managers typically earn US$ 12,500 monthly. Top earners have been reported to earn upwards of US$ 15,000 per month.

Financial Controller

A Financial Controller can anticipate to earn US$ 6,300 per month, excluding allowances. Top earners can be projected to earn up to US$ 11,200 monthly.

finance-in-saudi-arabia

Operations Manager

If you are looking to acquire a role as working as the Chief Financial Officer in the UAE, you should expect to see an average salary of US$ 4,000 per month, with high-end earner entering into the realm of US$ 9,500 monthly.

Business Development Manager

These senior managers on average earn up to US$ 3,500 per month in the UAE. Those in the top 90th percentile have been documented to earn up to US$ 7,000 monthly.
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About the author

Josh Fraser

A graduate from Jacksonville University, Josh has been helping individuals reach their professional aspirations by providing meaningful and germane insights. His expertise will provide an invaluable understanding into how you can penetrate into the saturated executive job market.

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