Dubai, June 21 (PTI) Companies across the Middle East have implemented widespread executive pay rises averaging 5.7 per cent, a new survey has revealed.
The pay data released by Mercer shows that employees in managerial roles have received higher pay rises in 2011 than those in executive positions, as companies allocated their scarce resources toward perceived 'rainmakers'.
The average pay increases in the Middle East remains far higher than those received by executives in Western Europe, though executives in Pakistan received an average salary increase of 13.5 per cent.
Executive salaries are set to increase by an average of 5.7 per cent in the Middle East and 8.2 per cent in Africa.
Qatari executives received the lowest pay rises in the Middle East of 4 per cent, followed by executives in Kuwait (4.5 per cent), Saudi Arabia (5 per cent) and the UAE (5 per cent).