UAE salaries have increased by 4% in 2015 says a new report by Hay Group. This is below the forecasted 5% for the year and despite volatility in oil prices and global markets. The survey also reveals that senior executive pay increases have ranged between 3% -8% and that’s indicative of the intensity of competition. When it comes to sectors, automotive and retail have awarded higher increases of 6.4% and 6.6% respectively.

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