As the UAE gears up for robust economic growth—projected at 6% in 2025—the salary landscape is shifting dramatically, especially in high-impact sectors like technology, finance, and fintech.
According to the latest Aventus Salary Guide, these industries are offering compensation packages up to 24% above the market median, with energy/utilities close behind at 20% above.
Yet, wage growth overall remains modest, averaging just 4–5% annually, despite inflation and rising living costs. This has prompted UAE companies to rethink their talent strategies, moving beyond traditional pay structures to embrace Total Rewards—including mental wellness benefits, flexible pensions, and career development pathways.
For instance, AI, data science, and cybersecurity roles are commanding premium salaries due to a persistent talent shortage—43% of UAE firms cite lack of AI talent as a major barrier to growth.
💡 Insights for International Companies:
– Premium talent costs: Be prepared to offer above-market packages in tech and finance to stay competitive.
– Beyond salary: Wellness, flexibility, and purpose-driven perks are now essential to attract top-tier professionals.
– Local integration: With a USD 1.7 billion Emiratisation budget and 92,000 nationals already in private roles, aligning with local hiring goals is both strategic and expected.
– Sector-specific surges: Real estate and aviation are booming—job postings in real estate jumped 94% in Q1 2024, while Emirates and Etihad expanded their workforce by thousands.
The UAE is not just a hub for business—it’s a proving ground for progressive talent strategies. For companies establishing a presence in the UAE, particularly in technology or financial services, have to be prepared to invest in talent.
It is important to remember that competing on pay alone won’t suffice. A smart, multi-dimensional talent strategy will be required; one that blends strategically enhanced compensation for high-impact roles with robust benefits, growth pathways, and a local employment value proposition.