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Salaries within the regional property and real estate sector are set to increase significantly in 2008, according to Macdonald & Company, a recruitment consultancy focusing solely on the property industry.
The company is currently conducting its 'Middle East Real Estate Salary Survey' for 2008. The main drivers for the increase in salaries are the continued demand for professional skill-sets coupled with local market experience, combined with rising inflation, increase in cost of living and other factors.
The Salary Survey will delve into current trends in remuneration, compensation, bonuses, benefits and job satisfaction levels in the regional property and real estate sector. In addition, the survey will also underline the cost differential between employing international candidates and local talent, thereby making it a much-anticipated highlight of the forthcoming Cityscape Dubai, in October, at the Dubai International Exhibition Centre.
"Our aim of providing employers and employees within this highly dynamic sector with precise and relevant statistics that impact remuneration will once again be the focus for this year's 'Middle East Real Estate Salary Survey'," said Matthew Taylor, international director, Macdonald & Company. "The Salary Survey is carried out by an independent market research company."
