Employees in Dubai’s technology sector are the third-highest earners in the sector across the world, revealed a latest survey by Mercer.
Software engineers in Dubai with minimum three years of experience earn 30 percent more than their counterparts in global technology centres such as Berlin, Amsterdam, and London, Mercer said in the survey report.
Technology employees working in New York and Silicon Valley earn 22 percent and 35 percent more respectively, in comparison to their counterparts in Dubai, the research revealed.
According to Vladimir Vrzhovski, workforce mobility leader at Mercer Middle East, “Dubai’s status as a global business hub, coupled with its income tax-free environment, world-class infrastructure, safety and high quality of life make the emirate a very attractive market for talent.”
“The demand for tech talent in particular will continue to grow in the UAE, given, the nation’s drive to be a global capital of the digital economy.”
According to a recruitment company Hays 2022 GCC Salary Guide, Software development directors in the UAE earn an average of Dh.52,500 a month.
A front-end developer/engineer earns Dh.25000 of average monthly salary, while a back-end developer/engineer earns Dh.23,500. A mobile application developer earns Dh.24,000, while an Engineering Manager earns Dh.45,000, a head of Software Engineering draws an average monthly salary of Dh.55,000, Hays said.
The job market in the UAE has made a strong recovery from post-pandemic slowdown, owing to government’s fiscal and monetary measures. This pace of pick-up in economic activity comes as good news and improves confidence for skilled jobseekers in the technology sector.
The technology sector has continued its demand for new hires since the start of Covid1-19 pandemic, driven by businesses hastening their digital plans and global technology companies expanding in the Middle East, says recruitment specialists.
Nearly 66 percent of people are of the opinion that technological factors such as automation, digital transformation and artificial intelligence will transform the nature of work in future, as per the survey done by jobs portal Bayt.com and the market research company YouGov.
The survey involved 1625 respondents from countries such as Bahrain, UAE, Kuwait, Saudi Arabia, and Lebanon.