Middle East Human Capital Solutions Newsletter
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The Latest News, Events and Insights in the Middle East Region
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Welcome to Aon’s Middle East Human Capital Solutions Newsletter. In this edition, we will explore the latest Salary Increase and Turnover trends and invite you to participate in our Financial Services, Technology and Allowances & Benefits Studies. Finally, don't miss Aon's recent insights on wellbeing and ESG.
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Discover the Key Insights through Aon's Salary Increase and Turnover Study – First Edition Results Now Available!
Aon's Salary Increase and Turnover Study is the leading research on rewards and performance trends in the MEA region and worldwide. It focuses on salary increase trends, growth projections, turnover rates, and other key aspects related to salary planning and pay delivery.
With participation from 450+ organizations in the GCC, our latest release provides a comprehensive overview of various industries.
The study reveals some of the highest salary increases in recent years, surpassing pre-pandemic levels in 2019. This is driven by a thriving hiring market, bolstered by strong market confidence and increased investments. Despite global economic volatility and challenges in the financial and technology sectors, the GCC region remains stable, continually diversifying and creating new jobs across multiple industries.
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GCC economies are in a ‘sweet spot’ with solid underlying economic growth, relatively low inflationary pressures, strong public finances, and external accounts supported by high oil prices.
For further information regarding our Salary Increase and Turnover Study Findings, please contact our dedicated survey expert, Varun Sethi.
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Join Aon's annual compensation surveys today and unlock the power of data-driven decision-making.
- Aon’s 2023 Financial Services Compensation Survey
- Aon’s 2023 Technology Compensation Survey
- Aon’s 2023 GCC Allowances & Benefits Survey
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Participate in Aon’s 2023 Financial Services Compensation Survey Now!
This survey contributes to the development of crucial market insights that support our clients in assessing their current remunerations offerings and make informed decisions to manage workforce costs.
Open to Financial Services firms throughout the GCC region, our survey runs from May to October. We collect, process, and clean compensation data, culminating in the release of comprehensive reports in October.
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Participate in Aon’s 2023 Technology Compensation Survey for UAE & KSA
A company's people programs constitute approximately 75% of its overall expenditure. Understanding how, where, and when to allocate these resources is crucial. At Aon, we are global leaders and trusted partners to technology companies across the UAE and KSA, collaborating with major players in the tech industry worldwide.
Join us in Aon's 2023 Technology Compensation Survey to gain exclusive access to cutting-edge compensation insights from the dynamic tech and startup landscape in the region. This survey encompasses a comprehensive onboarding and data collection process starting in June, with the reports scheduled for release in October. Expand your understanding of the tech and startup sector by participating in our survey.
To participate in this study, kindly contact our dedicated survey expert, Aacancsha.
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Limited Time Left! Participate in Aon's Allowances & Benefits Survey Today!
Don't miss out on this exclusive opportunity to gain critical market insights. Our survey supports organizations in the region by providing valuable data for effective remuneration schemes, attrition management, and enhancing employee satisfaction.
This study goes into detail on plan administration and governance of a comprehensive list of allowances and benefits in the region. All participants who provide a complete and accurate submission will receive a complimentary copy of the results.
To be part of this study, kindly contact our dedicated survey expert, Niklas Herrmann.
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Insights you don’t want to miss:
Employers are Focused on Wellbeing, Now More Than Ever.
Tips for Developing a Strategy to Enhance Your ESG Ratings
As the world's attention turns to the Middle East ahead of COP28, it is vital for private entities, listed companies, and the government to collaborate in achieving net-zero goals. However, navigating the numerous ESG ratings providers can be complex for companies. We offer valuable tips to help you navigate these ratings and enhance your overall ESG strategy. Read the article here.
Any further questions? Don’t hesitate to reach out to Shazeaa Ingar - Middle East Head of ESG.
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Any further questions?
Don’t hesitate to reach out!
Maddison Perry
Associate Consultant
Middle East & Africa
M: +971 56 538 3064
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We welcome your thoughts and feedback.
About Human Capital Solutions
Aon's human capital business provides leaders with a powerful mix of data, analytics and advice to help them make better workforce decisions. Our team, spanning 2,000 colleagues in more than 30 countries, includes the firm's rewards, talent assessment, and performance & analytics practices. To learn more, visit humancapital.aon.com.
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