The Expat Package
The UAE ‘expat package’ is back – but this time bonuses are more modest
The “expat package” of bonuses and allowances is making a comeback as pay increases in emerging markets force UAE companies to step up the competition to attract talent, according to a new study.
However, a return to the levels of largesse from company to employees during the hiring spree before the crisis is not happening this time, said Hay Group, the global management consultancy.
Instead, companies were hiring selectively, with bonuses on a more modest scale than before the financial crisis, when luxurious company cars, lavish housing allowances and multiple flight tickets home were commonplace.
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