Latest news with #JonEde
Zawya
10-04-2025
- Business
- Zawya
Michael Page launches the Emiratisation Salary Guide 2025
Dubai, UAE – Global recruitment specialist Michael Page has released the Emiratisation Salary Guide 2025, created to support organisations in aligning their hiring strategies with UAE government nationalisation targets including newly introduced quotas for SMEs and sector-specific mandates. Emiratisation Quotas With the Emiratisation initiative evolving rapidly, private sector companies with 50 or more employees are now required to grow their Emirati workforce by 2% annually, aiming for a 10% increase by 2026. Also, businesses with 20–49 employees operating in 14 key sectors including finance, ICT, healthcare, education, hospitality, construction, are now required to hire at least two Emirati nationals by 2025. Banking, insurance, and professional services must achieve set Emiratisation quotas. The guide provides real-time salary benchmarks, sector-specific insight and comparison of private vs public sector for UAE Nationals offering clarity in a competitive Emiratisation landscape. Jon Ede, Regional Director, UAE said, 'We're speaking to more and more clients who are unsure about how to approach Emiratisation strategically, not just to stay compliant, but to build teams that are truly future-ready. With the government now requiring onshorecompanies with 50+ employees to grow their Emirati workforce by 2% annually, businesses are under more pressure than ever. This guide gives them a clear picture of where salaries stand today, so they can plan properly and act confidently.' Michael Page's Emiratisation Salary Guide 2025 highlights salary trends across priority sectors and outlines strategies to help businesses attract and retain Emirati talent while staying compliant with government quotas and industry expectations. Ian Pollington, Operating Director – Emiratisation, added: 'There's still a lot of confusion in the market around what competitive compensation looks like for Emirati professionals, especially when comparing public vs. private sector roles. With UAE nationals making up just around 13% of the total population, demand is high and competition is strong. Our guide helps employers understand what's realistic, what's competitive, and where the talent is available. It's built from real conversations, real placements, and real data.' Topics featured in the guide include: Sector-specific Emirati salary benchmarks Public vs private sector pay differences Strategic tips for meeting Emiratisation targets The Michael Page Emiratisation Salary Guide 2025 is now available for download. Access the full free guide: About Michael Page: Michael Page is a global recruitment consultancy and part of PageGroup, operating across 36 countries. With a long-standing presence in the UAE, Michael Page supports clients in sourcing top talent across all major sectors including a dedicated Emiratisation division focused exclusively on UAE National recruitment.
Zawya
10-02-2025
- Business
- Zawya
Michael Page's UAE 2025 Salary Guides unveil key hiring insights
Dubai: Leading global recruitment firm Michael Page, part of FTSE 250-listed PageGroup, has released its highly anticipated 2025 Salary Guides, offering a comprehensive analysis of the UAE job market. Drawing on in-depth research and real-time data across 17 industries, the guides provide valuable insights into hiring trends, salary benchmarks, and recruitment challenges facing businesses today. UAE Job Market Trends With salaries remaining a top concern for both employers and employees, understanding hiring trends has never been more critical. According to the latest insights from Michael Page, skill shortages continue to be a key challenge for hiring managers. In the past year, 37% of business leaders reported difficulties in finding candidates with the right expertise, while almost one in three (30%) faced challenges in retaining talent. Nearly half (48%) cited aligning salary expectations with candidates as their biggest hurdle. Jon Ede, Regional Director UAE at Michael Page, comments, 'In today's dynamic business landscape, companies are facing mounting pressure to attract and retain top talent. The growing skills shortage, increased demand for specialised expertise, and changing employee expectations are forcing businesses to rethink their hiring strategies. Offering a well-rounded package – including benefits, career development opportunities, and workplace incentives – can help businesses stand out from the competition.' Most In-Demand Roles in Banking and Finance The UAE's growing asset management sector, coupled with increased investor interest, regulatory advancements, and a rise in Family Offices and Ultra High Net Worth Individuals (UHNWIs), has fuelled demand for banking and finance roles. Fundraising and institutional sales professionals are particularly sought after for their industry expertise and regional networks, with businesses. Meanwhile, compliance professionals with FSRA and DFSA authorisation are also in high demand, with Chief Compliance Officers and MLROs being one of the most sought out high paying roles. Key Trends in Sales and Marketing The UAE's sales and marketing sector has also seen steady growth [CW1], particularly within B2B industries. Increased investments in technology, real estate, energy, and logistics have contributed to a rising need for experienced professionals. Key roles such as Business Development Manager, Chief Commercial Officer, and Strategic Sales Director remain highly sought after, with business development, key account management, and communications skills being particularly valuable. Ede concludes, 'The hiring landscape in the UAE is evolving rapidly, and businesses that embrace adaptability will be the ones to thrive. Employers who take a strategic approach, leveraging data-driven salary benchmarks, will position themselves for long-term success.' For businesses looking to gain deeper hiring insights, download the Michael Page UAE Salary Guide here. PR and Marketing contact for Michael Page Middle East: Taronish Dastoor Marketing Manager taronishdastoor@
Daily Tribune
06-02-2025
- Business
- Daily Tribune
UAE's Booming Asset Management Sector Fuels Demand for Finance and IT Roles
The UAE's asset management sector is witnessing significant growth, driven by heightened investor interest, regulatory advancements, and an increasing presence of Family Offices and Ultra High Net Worth Individuals (UHNWIs). This surge has spurred a strong demand for banking, finance, and technology roles, according to the latest UAE 2025 Salary Guides by global recruitment firm Michael Page. Finance and Banking Professionals in High Demand The report highlights that fundraising and institutional sales professionals are among the most sought-after candidates, with businesses valuing their industry expertise and regional networks. Compliance professionals with authorisations from the Dubai Financial Services Authority (DFSA) and the Financial Services Regulatory Authority (FSRA) are also in high demand. Chief Compliance Officers (CCOs) and Money Laundering Reporting Officers (MLROs) are particularly sought after due to increasing regulatory scrutiny. Jon Ede, Regional Director UAE at Michael Page, stated, 'In 2024, the workforce grew by 9 per cent, and the number of new companies increased by 14.5 per cent. These numbers reflect the success of the UAE's strategic initiatives, solidifying its position as a top destination for businesses and talent alike.' Salary Insights in Banking and Finance Senior banking and finance professionals continue to command high salaries. Heads of wholesale banking can expect an average monthly salary of Dh100,000, while senior relationship managers earn approximately Dh37,000 per month. Sales and Marketing Sector Sees Steady Growth The UAE's sales and marketing sector is also experiencing steady expansion, particularly in B2B industries. Increased investments in technology, real estate, energy, and logistics have heightened the demand for skilled professionals in business development, key account management, and strategic sales. Key positions in this sector include Business Development Manager, Chief Commercial Officer, and Strategic Sales Director. Country managers in the UAE can expect salaries averaging Dh48,000 per month, while key account managers earn up to Dh26,000. Meanwhile, Chief Marketing Officers (CMOs) command some of the highest pay packages, with average monthly earnings of Dh90,000. IT Sector Witnesses Rising Demand The UAE's digital landscape has evolved significantly in recent years, with increased demand for skilled professionals in the IT sector. The top five positions in demand include head of software development, full-stack software engineer, agile product manager, senior DevOps engineer, and digital adoption specialist. Salaries in this field remain competitive, with a head of digital marketing earning between Dh35,000 and Dh60,000 per month. Addressing the Skills Shortage The report also highlights the growing skills shortage as a major challenge for businesses. According to Michael Page, 37 per cent of business leaders have struggled to find candidates with the right expertise, while nearly one in three (30 per cent) face difficulties in retaining top talent. Furthermore, 48 per cent of employers cite aligning salary expectations with candidates as a key hurdle. Ede emphasized that offering a comprehensive package—including benefits, career development opportunities, and workplace incentives—can help businesses attract and retain top professionals in an increasingly competitive job market.
