News Column

Treasurers, compliance experts get biggest hike

May 25, 2014

Cleofe Maceda Senior Reporter

Treasurers, compliance and tax experts will be among those who will be receiving the biggest salary adjustments among the accountancy and finance professionals in the Middle East this year, a new research shows.

According to the 2014 Middle East Salary Guide by Robert Half, large companies who are planning to increase the salaries of their staff are likely to grant an 8.8 per cent increase to treasurers, the highest pay rise forecast for the region. Employees holding the same position in small organisations can expect an 8.6 per cent increase.

Compliance managers in large companies will likely get the third-biggest adjustment, at 8.5 per cent, while compliance directors are expected to receive a 7.7 per cent to 7.9 per cent pay hike.

Pay increases for compliance managers in small organisations, expected to be around 7.6 per cent, came fifth on the list.

Positions at the bottom of the list include senior credit analysts, which are likely to get a 1.4 per cent increase, as well as credit analysts and operational risk analysts, which are likely to see the same level of increase, at 1.9 per cent.

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Source: Gulf News (United Arab Emirates)

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