A new salary guide has shown what employees can demand in 190 different roles in Saudi Arabia.
In its Saudi Arabia Salary Guide 2023, Hays Middle East has provided comprehensive salary data for roles across nine industries in the Kingdom, from accounting and finance, construction and property, HR, legal, manufacturing, marketing and digital, procurement and supply chain, sales, and technology.
Employees work at the Saudi National Health Emergency Operations Center (NHEOC) in the capital Riyadh on May 3, 2020, during the novel coronavirus pandemic crisis. (File photo: AFP)
The highest paid jobs are in the construction and property sector, with some roles commanding as high as $93,000 in a single month, according to the report.
It was also highlighted that the labor market in Saudi Arabia is robust and dynamic, with high levels of recruitment activity across various sectors. In 2022, 70 percent of employers reported that their organization’s headcount increased, most commonly by more than 10 percent. This is a significant increase from the 43 percent of employers who reported the same in 2021.
Recruitment activity in the Kingdom shows no signs of slowing, with 89 percent of employers planning to recruit permanent employees in 2023. Most employers are focusing their recruitment efforts in-country in Riyadh (69 percent), Jeddah (56 percent), and/or the Eastern Province (41 percent). With organizations competing for the best talent, opportunities abound for individuals with the most sought-after skills.
The Hays Saudi Arabia Salary Guide also indicates that 53 percent of employees received a salary increase in 2022. The most common rate of change increased from 5 percent or less to between 6 – 10 percent, reflecting salary growth in the country. A significant 79 percent of employers expect salaries within their organization to increase in 2023, further indicating the economy’s positive trajectory.
Commenting on the guide, Aaron Fletcher, Senior Manager at Hays Saudi Arabia, said: “A vibrant labor market and increasing salary growth, combined with a positive economic and employment outlook, make Saudi Arabia an attractive destination for job seekers.”
He continued, “The economy has emerged as one of the fastest-growing globally, defying global economic uncertainties. The impressive performance is attributed to the successful implementation of Vision 2030, which has introduced new initiatives and projects, helping to diversify the economy and generate non-oil revenue. The main catalysts for growth, expansion, and transformation are the flagship giga-projects, which span sectors and regions across the Kingdom.”
What should you be earning per month?
Hays revealed the salary range for a broad spectrum of jobs. Salaries shown represent the total fixed monthly salary package for each position.
Accounting and finance
The highest paying job in accounting and finance is the role of a Chief Financial Officer (CFO) with a monthly salary range between $23,000 a month and $37,000 a month. The average salary in this position is about $32,000.
Finance directors can earn, on average, about $20,000 a month, followed by head of internal audits ($20,000), finance controller ($12,000), audit manager ($10,650), finance manager ($9,300), senior accountant ($6,120), credit controller ($5,860), financial analysist ($5,860), and accountants ($4,260).
Construction and property
The highest paying jobs in construction and property are in the C-Suite – commanding between $33,270 and $93,000 for the top-level roles. The average salary is $63,000.
Executive directors can earn, on average, about $30,000, followed by project directors ($22,600), architecture director ($21,290) and development directors and urban planning directors ($21,290).
Pay for the following roles are as follows; property managing directors $16,000, leasing director $16,000, facilities director $15,300, senior project manager $14,640, senior contracts manager $14,640, commercial manager $12,640, contracts manager $12,640, project manager $12,640, senior HSEQ manager $12,00, construction manager $9,300, senior quantity surveyor $9,300, community manger $8,000, sales and leasing manager $8,000, property manager $7,700, senior architect $7,200, project architect $6,650 and senior interior designer $6,650
HR
The highest paid job in Human Resources is the Chief Human Resources Officer (CHRO), who can command between $26,600 and $40,000 a month.
This is followed by HR directors, who can earn, on average, about $21,290 a month and HR business partners ($10,000).
Other roles from HR manager, leaving and development managers, talent acquisition managers, compensation and benefits manager, HR generalist, recruitment specialist, and down to HR assistant – earn between $3,327 – $9,000 a month.
Legal
The highest paid job in Legal is chief legal officer. An employee in this role can command up to $37,260 a month, although the average salary is about $32,000 a month.
This is followed by general counsel ($24,000), legal director/head (about $20,000) and senior legal counsel ($14,000).
The lowest paid legal job is legal secretary ($4,500).
Manufacturing
The highest paid job in manufacturing is a general manager who can command about $21,300 a month. This is followed by operations director ($17,300), manufacturing director ($16,630), quality director ($16,000) and head of operations ($13,300).
Other roles from head of manufacturing, head of HSE, operations manager, manufacturing manager, plat or factory manager, technical manager, quality manager, and production manager vary between an average of $12,000 to an average of $6,650 a month.
Marketing and digital
The highest paid job in marketing and digital is VP or the chief marketing officer (CMO), who can earn, on average, about $30,000 a month.
This followed by digital marketing directors ($20,000) and marketing and communications directors ($18,600), marketing and communication managers ($12,640), head of performance ($12,000), trade marketing manager ($10,000), social media manager ($9,300) and brand manager ($8,650).
Procurement and supply chain
The highest paid job in procurement and supply chain is the supply chain director ($20,000 a month), followed by procurement director ($17,300), and head of supply chain ($14,640).
The following jobs are the next in seniority, logistics director, head of procurement, head of logistics, supply chain manager, strategic sourcing manager, procurement manager, contracts manufacturer, logistics manager, category manager.
Salaries vary from $6,650 to $13,300.
Sales
The highest paid job in sales is the country sales director – commanding an estimated $26,600 on average but as much as $32,000 a month.
The following jobs are the next in seniority; general manager, commercial director, solutions sales director, sales director, business development director, head of sales, commercial manager, country manager, business development manager and sales manager. Salaries vary from $24,000 to $8,650.
The least paid person in sales is the key account manager – who gets about a quarter of the country director’s monthly pay cheque – about $$6,650.
Technology
The highest paid job in technology is in the field of CXO and IT leadership. There, the chief information officer gets paid about $26,600 a month, followed by the chief digital officer ($24,000), the roles of chief information security officer and chief technology officer (both $22,620) and chief product officer ($21,290).
There are more than 60 different roles in technology across the sectors of CXO and IT leadership, information and cyber security, project delivery and business analysis, presales and solutions architecture, ERP and enterprise applications, software engineering, cloud infrastructure and networking, data science and analytics, and product management.
The average salary is between $6,650 and $14,640.
The lowest paid job is IT support analyst ($4,630).
Crown Prince of Abu Dhabi meets with CEOs of leading Norwegian companies
H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has met with a group of CEOs from leading Norwegian companies, as part of their participation in the UAE-Norway Investment Forum, held alongside his official visit to the Kingdom of Norway.
During the meeting, H.H. Sheikh Khaled bin Mohamed bin Zayed underscored the UAE leadership’s commitment to strengthening economic cooperation with its international partners.
He highlighted that investment in innovation and knowledge is a cornerstone for achieving sustainable development, noting that enhancing collaboration with Norwegian companies across key sectors will open new avenues for mutual economic growth between the two countries.
The UAE-Norway Investment Forum, taking place in Oslo, aimed to highlight available investment opportunities and strengthen trade relations between the UAE and Norway, fostering shared interests and supporting innovation and knowledge-based economic visions.
At the Indonesia International Book Fair 2024, TRENDS inaugurates 10th global office, releases four books
As part of its Asian research tour, partnership with Aletihad News Center, and
primary sponsorship of the Indonesia International Book Fair 2024, TRENDS
Research & Advisory inaugurated its office in Jakarta, marking its 10th location
worldwide. It also released four books in Indonesian.
The inauguration event was attended by ambassadors of the UAE, Bahrain, and
Jordan to Indonesia, chairpersons of the UAE and Indonesian Publishers’
Associations, the Director of TRENDS’ Jakarta office, and a group of researchers
and academics.
Speaking at the event, Dr. Mohammed Abdullah Al-Ali, CEO of TRENDS
Research & Advisory, stated that TRENDS’ international offices—set to reach 15
by the end of 2024—aim to enhance the Center’s research efforts and deepen its
role in disseminating knowledge, thus serving as a global knowledge bridge.
He emphasized, “At TRENDS, we believe in the importance of cooperation
between think tanks and prioritize this endeavor. We believe the TRENDS office in
Jakarta will enhance the exchange of knowledge and ideas between think tanks in
Asia and the Middle East, opening new horizons for collaboration in various
fields.”
Four books in Indonesian
As part of the Jakarta office’s inaugural activities, four books were released in
Indonesian, including the 11th and 12th books of the Muslim Brotherhood
Encyclopedia and Global Trends in AI and Automation and the Future of
Competition between Man and Machine: An Analytical Forward-looking Vision.
Hostility to Arab states
The 11th book of the Muslim Brotherhood Encyclopedia, The Concept of the State
According to the Muslim Brotherhood, highlights its hostile stance toward Arab
states since its inception. The group views them as an obstacle to its ascent to
power. It opposed the modern principles upon which these states were built,
considering them incompatible with the group’s unique interpretation of Islam,
which it claimed to embody exclusively.
Exclusion of nonconformists
The 12th book, The Muslim Brotherhood: Rejection of Tolerance and Exclusion of
Nonconformists, examines the Muslim Brotherhood’s stance towards
nonconformists, individuals, and entities. The book reveals the group’s binary view
of the world, categorizing others as allies or adversaries. It ties these relationships
to the Brotherhood’s internal power struggles and self-serving interests.
Global Trends in AI
The third book, Global Trends in AI, explores significant developments in AI and
its impact on various aspects of life, including the economy, society, and
governance. It also offers a comprehensive analysis of technological advancements
in AI, its applications across sectors, the ethical and social challenges it presents,
and its future trajectory.
Automation
The fourth book, Automation and the Future of Competition between Man and
Machine: An Analytical Forward-looking Vision, addresses the growing challenges
faced by the human workforce in the face of widespread automation and AI
applications. The book concludes that while automation presents a significant
challenge to the labor market, it simultaneously creates new opportunities. It
emphasizes the importance of preparing for this shift through skills development,
continuous education, and adopting economic and social policies that support the
workforce.
Prominent pavilion and active presence
The TRENDS’ pavilion at the Indonesia International Book Fair has attracted
numerous visitors, including academic researchers and officials, such as the
ambassadors of the UAE, Bahrain, Qatar, Jordan, and Turkey. Additionally,
chairpersons of Arab and Indonesian publishers’ associations, authors, publishers,
and students visited the pavilion. All were impressed with and praised TRENDS’ diverse, valuable publications. They also commended TRENDS’ active
international presence and ability to address global developments with rigorous
analytical research.
Dr. Mohammed Abdullah Al-Ali honored the esteemed guests, including
ambassadors of the UAE and Bahrain to Indonesia, Wedha Startesti Yudha,
Chairperson of the Indonesia International Book Fair Committee, Arys Hilman
Nugraha, Chairman of the Indonesian Publishers Association, and others,
presenting them with TRENDS’ publications and commemorative shields.
Additionally, he awarded TRENDS’ Research Medal to Ni Made Ayu Martini
Indonesian Deputy Minister of Marketing, Tourism and Creative Economy
It is worth noting that during its current Asian research tour, TRENDS announced
the launch of the TRENDS Research Medal, awarded to individuals who make
significant contributions to the development of scientific research and promote collaboration with TRENDS in strengthening a culture of research across various fields.
US determined to prevent full-scale war in Middle East, Joe Biden tells UNGA79
US President Joe Biden highlighted the US Administration’s determination to prevent a wider war that engulfs the entire Middle East region, noting that a diplomatic solution “remains the only path to lasting security to allow the residents from both countries to return to their homes on the border safely”.
In remarks he made today before the 79th Session of the United Nations General Assembly (UNGA79), the US President said, “Full-scale war is not in anyone’s interest,” adding that a diplomatic solution is still possible.
He also touched on “the rise of violence against innocent Palestinians on the West Bank”, and the need to “set the conditions for a better future”, which he said featured “a two-state solution, where the world — where Israel enjoys security and peace and full recognition and normalised relations with all its neighbours, where Palestinians live in security, dignity, and self-determination in a state of their own”.
President Biden underscored the ceasefire and hostage deal put forth by Qatar and Egypt, which the UN Security Council endorsed. He said, “Now is the time for the parties to finalise its terms, bring the hostages home,” adding that this would help ease the suffering in Gaza, and end the war.