While the format has served us well over the years, and offered a unique insight into the compensation expats could expect for a number of key roles, it was increasingly apparent that the included positions were not entirely reflective of the job market as we move towards the end of the decade.
The Ministers of Finance of the Kingdom of Saudi Arabia, the United Arab Emirates, the State of Kuwait…160 Views | the publication reaches you by | Bahrain News
Our new streamlined Salary Survey for 2018 aims to address these issues in a simplified format that should prove relevant for the years to come as the gaps between Asian, Arabic and Western wages shrink.
Among the most noticeable changes has been the inclusion of the new lower tier positions such as human resources executive, logistics executive, sales executive and receptionist.
This meant that the overall average monthly salary this year of $8,083 is 26.3 per cent lower than that seen last year, with some quite substantial differences in some countries.
For example, the Bahrain average was 25.18 per cent lower than the previous year.
This year, Bahrain was found to be the third best paying country among the five Gulf Cooperation Council states covered with an average monthly salary of $7,867.
This was 8.4 per cent less than the top paying country, Saudi Arabia, but only slightly ahead of the $7,826 Kuwait average and the $7,846 Oman average.
Bahrain was found to be the best paying country for the head teacher/principal position at $11,130.
This was 2.7 per cent more than the average salary in Oman, 32.2 per cent more than the UAE, 42.6 per cent more than Saudi and 51.7 per cent more than Kuwait, although this may have been a reflection of the different benefits paid outside of salary in each country.
The island kingdom was also the second best paying country for the hotel general manager role at $14,240, behind Kuwait’s $15,290 but 31 per cent higher than Saudi Arabia’s $10,404.
More broadly though, Bahrain appears to be going through something of a slump, with labour ministry statistics showing the country’s workforce decreased for the first time in five years in 2017.
This reflects a slump in recent years linked to lower oil prices, with the country deemed among the most vulnerable in the Middle East to crude market movements due to the size of its fiscal deficit.
(All the amounts are monthly averages taken from data collated by three recruitment firms)
CEO/MD – Multinational: $33,040
CEO/MD – Local company: $23,625
Hotel general manager: $14,240
Head teacher/principal: $11,130
Do you have information you want to reach our readers?
7 Action Movies You Can Not Miss In 2019