Arab Today, arab today hay group report kuwaiti salaries are on the rise
Last Updated : GMT 08:53:10
Arab Today, arab today
Arab Today, arab today

Employee attrition remains a problem

Hay Group report: Kuwaiti salaries are on the rise

Arab Today, arab today

Arab Today, arab today Hay Group report: Kuwaiti salaries are on the rise

There has been a 4.4 percent increase in average Kuwaiti salaries
Kuwait City - Arabstoday

There has been a 4.4 percent increase in average Kuwaiti salaries Salaries in Kuwait are on the rise, according the Hay Group\'s 2012 Kuwait report. The global consultancy firm\'s research based on 34,000 employees in 128 Kuwaiti and multi-national companies found a 4.4 percent increase in average pay-packets this year.
The report also forecasts a five percent pay rise in 2013.
Despite the positive figures, more and more employees in Kuwait are leaving work voluntarily every year. Attrition figures were at eight percent in 2012, more than UAE (four percent), Saudi Arabia (five percent) and Qatar (seven percent).
The Hay Group said Kuwaiti worker bonuses were up to 53 percent of their salary in some cases, especially in the oil and gas sectors. However, it called upon Kuwait employers to focus on the career development of employees as a means of dealing with the attrition problem.
Author of the report, Wendell D\'Cunha, said: \"The combination of a shortage of national talent and a focus from employers on pay as the main driver of employee retention is contributing to a high attrition rate. We would encourage organisations to look beyond pay and to develop their proposition in the areas of career development and look at how they can better support peoples\' long term goals and aspirations.\"
Around 79 percent of the employers who took part in the research said that they were struggling to recruit salespeople.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today hay group report kuwaiti salaries are on the rise Arab Today, arab today hay group report kuwaiti salaries are on the rise

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today hay group report kuwaiti salaries are on the rise Arab Today, arab today hay group report kuwaiti salaries are on the rise

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
View News in Arabic - Business: أخبار الأعمال
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday