Case Study

4958 Words Oct 23rd, 2015 20 Pages
Employment & Salary Trends in the Gulf

1

Executive Summary
Despite the slump in oil prices and conflicts in neighbouring countries, the Gulf region continues to enjoy a stable pace of economic growth, with most firms maintaining employment levels or increasing headcount. Most governments have so far used their large reserves to keep spending and investment plans at previous levels.

from absorbing this pool of talent.
Pay rises across the region averaged 6.7% in
2014, the highest average increase since the financial crisis, and are projected to accelerate further in 2015 to 6.9%. This is driven by the competition for talent and rising cost of living and, in the case of Oman, increasing unionisation

The impact of
…show more content…
However, on-going violent conflict in
80

Middle and Yemen, and tensions elsewhere
Syria, Iraq East – Key Hotspot 2014
60

in Middle East – Key Hotspotshad some impact,
Lebanon and Egypt have

40 in 2014 cases benefiting the Gulf countries by some 2012

expectations. For the time being, damage seems to be limited to the oil sector, and some

Kuwait
Bahrain
Qatar

2014

Egypt

Lebanon

Egypt

Syria

reserves. Others such as Saudi Arabia have

2015

Iraq
Jordan

UAE

Oman

Saudi Arabia
Kuwait

Bahrain
Qatar

Yemen

UAE

Middle East – Key Hotspot 2014
Oman

Saudi Arabia
Middle East – Key Hotspots
2014

government-linked projects in Bahrain and
Oman, the more vulnerable countries with smaller

2014

Iraq
Lebanon
Middle East – Source: World Bank
Key Conflict Zones
Middle East – Key Hotspots
2015

of crude oil, the collapse in the oil price during the second

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