Hewitt leads several industry forum surveys in countries across the Middle East. These surveys are conducted annually and span across sectors such as banking and financial services, real estate and telecom.
The glass is half empty.
Which challenges frustrate you the most?
Measuring compensation & workforce metrics in a volatile environment!
Navigating out of the present deep economic crisis is no doubt going to be extremely difficult for organizations at large. For organizations with crisis-ready leaders, the path beyond recovery is going to be far easier and probably more predictable.
HR issues are of growing importance in the Middle East as economies founded on petro-dollars restructure and localize their traditionally expatriate-heavy work forces. Some countries are becoming financial service centers, holiday and medical tourism destinations, and trading and shopping hot spots in readiness for when the oil and gas finally run out.
The Hewitt Salary Increase Survey for 2008-09 was carried out in four GCC countries - United Arab Emirates, Kuwait, Qatar, and Bahrain across 59 organizations. The survey focuses on overall changes in salary increases for 2008 and projections for 2009.
The report covers an overview of the economic environment in the Banking Sector.