The Robert Walters Global Salary Survey for 2017 contains recruitment market updates, hiring advice and benchmarks salaries across our global markets.
Here we discuss the outlook for the banking and financial services sector in the Middle East.
2016 was a year of market consolidation and we expect a similar theme in the first half of 2017.
However, once this cycle is complete we expect more roles to come to market as newly restructured organisations grow once again.
We expect to see more M&A activity across the UAE and wider GCC in 2017 which will increase recruitment levels compared to a challenging 2016.
We also expect strong levels of demand for specialist skilled individuals such as project managers, change programme managers and process re-engineers. New regulations will be a common theme in 2017 as measures like Basel III are implemented in the region. Shorter recruitment processes will help organisations to secure top talent.
As in 2016, salaries will remain relatively flat. There will be exceptions to this but overall supply will remain constant and organisations will be in control when making an offer.
To discuss any of your recruitment needs, please contact one of our experienced consultants on email@example.com or +971 4 8180 100.