- Saudi Arabia has once again helped expatriates, Saudi companies have increased the salary of workers
- Qatar is just behind, and Kuwait is the last
- 88% of Saudi companies have increased wages
- An increase from 6% to 10 %
RIYADH: Companies in Saudi Arabia have given huge salary hikes to their expatriate workers. This year, Saudi Arabia became the country with the highest wage increase compared to other GCC countries, with companies implementing wage increases of six to ten percent for workers.
In increasing the salary of the workers, Qatar is right behind. Kuwait is lagging behind in terms of salary increases for workers.
63 percent of the companies in the GCC countries have implemented salary increases this year, while 88 percent of the companies in Saudi Arabia have implemented it. These are clarified in the survey report conducted by the management consulting company ProCapita. Industrialists and human resource experts from various fields are in the survey. The results of the survey show that Saudi Arabia provides the highest wages in terms of employment conditions, including annual allowances.
Saudi companies are also leading in providing maximum benefits to workers in terms of service and wages, including annual allowance. According to the report, 83.1 percent of the companies distributed allowance in Saudi while the average allowance in the Gulf countries was 62.7 percent. The report also states that more than 55 percent of Saudi companies are preparing to increase salaries amid a visible increase in the cost of living.
There are lakhs of workers and senior employees from Kerala in various companies in Saudi Arabia. Saudi Arabia, where the laws are generally strict, has recently strengthened the process of nationalisation. Still, the Saudi Government’s decision to increase salaries is a relief to those who have been stuck in Saudi companies.
