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REPORT: Many UAE companies consider merit-based pay rise this year

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REPORT: Many UAE companies consider merit-based pay rise this year

timestampMay 02, 2021 authorAlShorts Web Desk

A new report by Cooper Fitch has found that 67% of respondent companies in UAE did not make any redundancies in 2020. It also shows 55% firms in UAE are ready for merit-based pay rise for 2021. Meanwhile, 68% companies didn’t know if they would pay this year’s bonuses, while 33% will keep salaries unchanged and 45% yet to consider merit-based pay rise this year.

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