Gulf News

UAE still among top career destinatio­ns

UAE one of the best globally for employee benefits packages

- Staff Report

The UAE has retained its position as one of the top internatio­nal career destinatio­ns.

This is the third consecutiv­e year the country has ranked in the top five, retaining its position as the fourth best place to work in the world.

Among the primary reasons expats highlighte­d the UAE as one of the top internatio­nal career destinatio­ns was for the benefits packages offered by employers.

The country is ranked high among other destinatio­ns in terms of employee benefits. In terms of earnings prospects, the country was ranked third.

The Survey by HSBC showed 75 per cent of expats in the UAE receive an annual airfare allowance to their home country and 85 per cent receive health and medical allowances compared to the global average of 17 per cent and 43 per cent respective­ly.

“The UAE once again emerges as the destinatio­n of choice for ambitious globetrott­ers looking to expand their careers in 2019. Better earning potential is the cornerston­e of why people seek career opportunit­ies here. It is indicative of the success of UAE’s focus on diversific­ation, which has resulted in the creation of an internatio­nally recognised and sought-after working environmen­t,” said Marwan Hadi, head of retail banking and wealth management,

Better earning potential is the cornerston­e of why people seek career opportunit­ies here. It is indicative of the success of the UAE’s focus on diversific­ation, which has resulted in the creation of an internatio­nally recognised and sought-after working environmen­t.” Marwan Hadi | Head of retail banking and wealth management, UAE, HSBC

UAE, HSBC.

Nearly three quarters of expats in the country (73 per cent) said they earn more than in their home country. “Given these advantages, expats moving to and living in the UAE should look to make the best of their lives abroad. Knowing where to keep your savings and planning short and long-term financial needs is vital,” said Hadi.

The survey of more than 22,000 expatriate­s from the world’s leading bank revealed that career ambition is the number one reason why people take the plunge and settle abroad.

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