HAYS 2021 GCC SALARY & EMPLOYMENT REPORT
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The Hays 2021 GCC Salary & Employment Report is now available! To get your free copy, simply submit your details via the form on this page.
Based on survey findings from over 3,500 employers and employees across the region, Hays 2021 GCC Salary & Employment Report takes a detailed look at salary and hiring trends from 2020 and employee and employer expectations for 2021.
The 9 core disciplines covered in the report include: Accountancy & Finance, Banking & Financial Services, Construction, Property & Engineering, Human Resources, IT & Digital Technology, Marketing & Digital Marketing, Office Support, Procurement & Supply Chain, and Sales.
Key findings:
2020
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45% of employers reduced headcount in their organisation in 2020
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28% were severely negatively impacted by the Covid-19 pandemic
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21% of businesses were unaffected or positively impacted by Covid-19
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The most robust sectors with the lowest number of pay cuts in 2020 (just 6%) included Telecoms, Pharmaceuticals & Life Sciences, and Banking & Capital Markets
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Sectors that experienced the greatest number of salary reductions (34%) were Aviation, Hospitality & Tourism, Engineering, and Property
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48% of employees’ salaries remained the same in 2020 as in 2019, 34% increased and 18% decreased
2021
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82% of companies are already in recovery, business as usual or growth phases of business following the pandemic
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64% expect to recruit additional staff in the next 12 months
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47% of employers expect salaries in their organisation to increase in 2021
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78% of employees want greater flexibility to their working patterns in 2021
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