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Home » Top 20 Companies in Bahrain for Salary 2018
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Top 20 Companies in Bahrain for Salary 2018

adminBy adminApril 22, 2018No Comments3 Mins Read0 Views
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With Gulf economies experiencing dramatic changes in recent months, including the introduction of VAT and fee increases, we felt the time was right to refresh our annual salary survey.

While this format has been useful for many years and provided unique insight into the compensation expatriates can expect for some key positions, as we approach the end of the decade it has become increasingly clear that the job types included do not fully reflect the job market.

Additionally, it was primarily focused on management, providing less insight to the majority of employees lower down the hierarchy.

The new Streamlined Salary Survey for 2018 aims to address these issues in a simplified format that will prove relevant in the coming years as the Asian, Arab and Western wage gap narrows.

The most notable change is the addition of new lower-level roles such as HR director, logistics director, sales director and receptionist.

This means that the overall average monthly salary this year of $8,083 is 26.3 percent lower than last year, with some countries seeing much larger differences.

For example, Bahrain’s average was 25.18 percent lower than the previous year.

This year, Bahrain was found to be the third highest paying country among the five Gulf Cooperation Council countries surveyed, with an average monthly salary of $7,867.

This is 8.4 percent lower than top-paying Saudi Arabia, but only slightly higher than Kuwait’s average of $7,826 and Oman’s average of $7,846.

Read: Top 20 Salaries in Oman 2018

Read: Top 20 salaries in Kuwait 2018

The country with the highest salary for a principal position was Bahrain at $11,130.

This was 2.7 percent higher than the average salary in Oman, 32.2 percent higher than the UAE, 42.6 percent higher than Saudi Arabia, and 51.7 percent higher than Kuwait, although this may reflect differences in benefits paid outside of salary in each country.

The island nation also has the second-highest salary for hotel general managers, at $14,240, behind Kuwait’s $15,290 but 31 percent higher than Saudi Arabia’s $10,404.

But more broadly, Bahrain appears to be experiencing something of a recession, with labour ministry figures showing the country’s workforce contracted for the first time in five years in 2017.

This reflects the downturn linked to falling oil prices in recent years, and the country is considered one of the most vulnerable in the Middle East to oil market movements due to the size of its budget deficit.

Read: Bahrain’s workforce shrinks in 2017

Highest salary in Bahrain
(All amounts are monthly averages calculated from data compiled by three recruitment agencies)

CEO/MD – Multinational: $33,040

CEO/MD – Local Business: $23,625

Hotel General Manager: $14,240

Principal: $11,130

Property management company: $8,250

Lawyer: $8,133

Construction Project Manager: $7,809

Human Resources Manager: $7,438

Hiring Manager: $7,099

IT Manager: $6,520

PR Account Manager: $6,094

Sales/Marketing Manager: $5,216

Facilities Manager: $5,206

Healthcare General Practitioner: $4,790

Editor: $4,589

Office Manager: $4,491

Digital Marketing Specialist: $4,175

Bank manager: $3,963

Sales Executive: $3,774

Logistics Executive: $3,450

Senior Accountant: $3,282

Human Resources Executive: $2,933

Receptionist: $1,699

Overall average: $7,867

Recruiters who participated in our survey continue to see the Gulf region as an attractive place to work, predicting average wage growth across the region of 2-3% to 5% this year.



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