Business

Here are the top 10 salaries in Saudi Arabia

Salaries across Saudi Arabia, according to 2017 Gulf Business Salary Survey, showed mute growth in the last year as the region grappled with low government spending, new austerity measures and reduced oil revenues.

According to the survey, the average monthly salary across our three expatriate groups – Asian, Arab and Western – increased just 0.49 per cent or $54 over the last year, from $11,123 to $11,177. This was 0.3 per cent below the $11,211 seen in 2015.

Man counting cash.

Man counting cash.

Not surprisingly, Saudi Arabia showed the weakest salary growth overall with an increase of 0.18 per cent on average across our three groups from $12,986 to $13,010 a month.

Average Asian salaries in the kingdom increased 0.26 per cent from $10,825 to $10,853, Arab salaries were up 0.22 per cent from $13,936 to $13,966 and Western salaries were up a meagre 0.11 per cent from $14,197 to $14,212.

The gap in salaries between the different nationalities also remained wide in the kingdom.

Situation in UAE

Similar to the UAE, the difference in wages for construction project managers particularly stands out, with Western expats pocketing $16,876 per month – 54.8 per cent more than the $10,897 that their Asian counterparts earn. A Western banking branch manager also makes 42 per cent more than an Asian expat holding the same position in the kingdom.

Here are the top salaries in Saudi Arabia

 

1- Chief executive officer/managing director – multinational: $39,643 ( Rs 1.1 million PKR)

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2- Chief executive officer/managing director – local company: $25,457 (Rs 7.1 lakh PKR)

 

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3- Banking – treasury manager: $15,797 (Rs 4.4 lakh PKR)

 

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4- Construction – project manager: $14,261 ( Rs 3.9 lakh PKR)

 

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5- Information technology – manager: $14,231 ( Rs 3.9 lakh PKR)

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6- Healthcare – general practitioner/manager: $12,777 (Rs 3.5 lakh PKR)

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7- Real estate – manager: $12,611 (Rs 3.52 lakh PKR)

 

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8- Human resources – manager: $12,003 (Rs 3.35 lakh PKR)

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9- Banking – branch manager: $11,957 (Rs 3.34 lakh PKR)

 

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10- Legal – lawyer marketer/manager: $11,790 (Rs 3.29 lakh PKR)

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